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Insurance Business

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

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News

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > drugimpaired-driving-puts-new-pressure-on-queensland-motor-insurers-589455.aspx

Drug-impaired driving puts new pressure on Queensland motor insurers

1+ day, 12+ hour ago   (692+ words) A near-seven-percentage-point rise in self-reported drug-impaired driving among young Queenslanders in a single year is creating a claims and coverage problem that flows directly through the state’s motor insurance market – and into the earnings of Australia’s largest insurer. RACQ’s 2026 Annual…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > ev-appetite-rises-as-confidence-in-resale-value-collapses-588328.aspx

EV appetite rises as confidence in resale value collapses

1+ week, 3+ day ago   (749+ words) Insurance Business EV appetite rises as confidence in resale value collapses Growing consumer uptake of electric vehicles is exposing agreed value policies, repair network gaps, and an unpriced used-vehicle segment Australia’s largest motor insurer has released its third annual electric…...

Insurance Business
insurancebusinessmag.com > uk > news > auto-motor > insurers-face-a-new-ev-risk-map-as-ferrari-bentley-go-electric-588064.aspx

Insurers face a new EV risk map as Ferrari, Bentley go electric

1+ week, 5+ day ago   (274+ words) Ferrari's first fully electric model and Bentley's planned entry into the EV market later this year mark a symbolic moment: even the most traditionally combustion-driven names in the industry are shifting toward electrified powertrains, part of a broader transformation already…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > accc-takes-subaru-to-court--and-the-insurance-cost-argument-just-got-harder-to-ignore-587214.aspx

ACCC takes Subaru to court - and the insurance cost argument just got harder to ignore

2+ week, 5+ day ago   (185+ words) Australia's competition regulator has launched its first Federal Court case under the country's motor vehicle right-to-repair scheme, alleging Subaru Australia denied independent repairers access to technical information on the same terms as its authorised dealerships. ACCC commissioner Luke Woodward said…...

Insurance Business
insurancebusinessmag.com > uk > news > breaking-news > robotaxi-risk-what-potential-skulduggery-tactics-mean-for-uk-motor-insurers-586996.aspx

Robotaxi risk: what potential "skulduggery" tactics mean for UK motor insurers

3+ week, 1+ day ago   (543+ words) Insurance Business Robotaxi risk: what potential "skulduggery" tactics mean for UK motor insurers As Waymo and Wayve's driverless cars edge onto London's streets, cabbies have been talking tactics to the FT – and insurers are facing an issue London's black cab…...

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > how-brokers-can-help-clients-cut-their-car-theft-risk-before-it-hits-their-premium-586539.aspx

How brokers can help clients cut their car theft risk before it hits their premium

3+ week, 3+ day ago   (543+ words) Auto theft continues to be one of the more significant drivers of claims frequency and premium pressure in personal lines. Brokers who can walk clients through the practical steps available to them are not only adding value to the relationship…...

Insurance Business
insurancebusinessmag.com > uk > news > auto-motor > revealed--vulnerable-road-users-could-be-motor-insurers-next-claims-inflation-problem-585769.aspx

Revealed - Vulnerable road users could be motor insurers' next claims inflation problem

1+ mon, 1+ day ago   (611+ words) New analysis from Angelica Solutions says the next major cost pressure on UK motor insurers could come from a shift in who is being seriously hurt on the roads, not from claims volume overall. The consultancy reviewed police STATS19 collision data…...

Insurance Business
insurancebusinessmag.com > uk > news > auto-motor > record-supercar-haul-exposes-cracks-in-thirdparty-pools-and-asset-verification-585606.aspx

Record supercar haul exposes cracks in third-party pools and asset verification

1+ mon, 2+ day ago   (520+ words) A Ferrari Monza SP2 worth roughly £3.7 million was among 90 vehicles seized by the Metropolitan Police over a single weekend in Kensington, Chelsea and Hyde Park, the highest number and value taken in the five years the operation has run. The driver…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > brokers-gain-streetlevel-crash-data-on-australias-worst-road-jurisdiction-585003.aspx

Brokers gain street-level crash data on Australia’s worst road jurisdiction

1+ mon, 1+ week ago   (164+ words) A community survey mapping the Northern Territory’s most dangerous roads and intersections has produced a publicly available, crash-data-backed dataset with direct relevance to motor underwriters, fleet brokers, and risk managers – in the jurisdiction that records Australia’s highest road fatality rate…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > extended-warranty-or-insurance-product-the-answer-now-carries-enforcement-risk-584671.aspx

Extended warranty or insurance product? The answer now carries enforcement risk

1+ mon, 1+ week ago   (707+ words) Integrity Car Care Pty Ltd provides extended warranty products through dealer channels and holds itself out as a provider of vehicle warranty services. The company has maintained that certain... Extended warranty or insurance product? The answer now carries enforcement risk…...