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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 > us > news > auto-motor > calibration-costs-are-reshaping-auto-physical-damage-claims-588069.aspx

Calibration costs are reshaping auto physical damage claims

1+ week, 5+ day ago   (460+ words) Farmers Insurance this week published consumer guidance explaining how Advanced Driver Assistance Systems, the cameras, sensors and radar behind features like automatic emergency braking, lane departure warnings and blind spot monitoring, are driving up the cost of routine collision repairs....

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > trumps-50-auto-tariff-threat-adds-to-a-cost-pressure-already-hitting-canadian-premiums-587281.aspx

Trump's 50% auto tariff threat adds to a cost pressure already hitting Canadian premiums

2+ week, 5+ day ago   (368+ words) US President Donald Trump said Monday he will raise tariffs on all Canadian-made cars, trucks, auto parts and steel to 50% starting January 1, 2027, escalating a trade fight that saw the US impose a separate round of 50% tariffs on roughly $20 billion of…...

Insurance Business
insurancebusinessmag.com > nz > news > breaking-news > cadillac-f1-owner-denies-sale-talk-as-insurance-probe-widens-586849.aspx

Cadillac F1 owner denies sale talk as insurance probe widens

3+ week, 2+ day ago   (579+ words) Cadillac's Formula 1 owner has moved to shut down speculation that the team could be sold as a federal investigation into billionaire Mark Walter's insurance and investment businesses puts growing scrutiny on his wider financial empire. TWG Global, the holding company…...

Insurance Business
insurancebusinessmag.com > us > news > auto-motor > ncoil-readopts-distracted-driving-model-law-as-states-report-doubledigit-crash-drops-586117.aspx

NCOIL readopts distracted driving model law as states report double-digit crash drops

4+ week, 2+ day ago   (473+ words) The National Council of Insurance Legislators (NCOIL) has readopted its Distracted Driving Model Act at its 2026 Summer National Meeting in Boston, keeping alive a model law that gives states a template for hands-free driving legislation. The readoption passed through both…...

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 > uk > news > auto-motor > stolen-vehicle-data-gap-puts-brokers-provenance-checks-under-scrutiny-584937.aspx

Stolen vehicle data gap puts brokers' provenance checks under scrutiny

1+ mon, 1+ week ago   (585+ words) Insurance brokers often rely on a clean Driver and Vehicle Licensing Agency (DVLA) or Police National Computer (PNC) check to reassure clients on a used vehicle purchase, or to inform motor underwriting decisions. New research from QuestGates, the UK's largest…...

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…...

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > dangerous-driving-survey-reveals-gap-insurers-already-price-for-caa-sco-finds-584120.aspx

Dangerous driving survey reveals gap insurers already price for, CAA SCO finds

1+ mon, 2+ week ago   (433+ words) A new survey from CAA South Central Ontario (CAA SCO) has found that nearly all Ontario drivers witness dangerous driving, but far fewer admit to it themselves, a gap that lines up closely with how Ontario insurers already assess risk…...

Insurance Business
insurancebusinessmag.com > nz > news > auto-motor > embedded-luxury-carmakers-insurer-partnerships-reshape-motor-distribution-581839.aspx

Embedded luxury: Carmakers' insurer partnerships reshape motor distribution

2+ mon, 3+ day ago   (356+ words) Read next: The man who built a career on small bets is placing a big one on Santa Monica Yet the apparent simplicity masks substantial underwriting challenges. These are not routine motor products. Morgan points to the core complexity: "Developing…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > insurers-push-broader-repair-laws-to-curb-motor-claims-costs-581847.aspx

Insurers push broader repair laws to curb motor claims costs

2+ mon, 3+ day ago   (737+ words) Insurance Business Insurers push broader repair laws to curb motor claims costs The industry says parts access, not just repair information, shapes repair costs and premiums Australia’s general insurers have told Treasury that the country’s Right to Repair scheme will…...