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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 > 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 > 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 > 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 > 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 > 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 > footman-james-warns-emissions-plans-could-leave-classics-with-no-legal-repair-route-586577.aspx

Footman James warns emissions plans could leave classics with no legal repair route

3+ week, 4+ day ago   (422+ words) Classic car insurance specialist Footman James is urging owners of modern classics to respond to a Government consultation before it closes on Sept. 6, warning that new in-use emissions proposals could leave well-maintained vehicles with no lawful way to keep running....

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 > ca > news > auto-motor > auto-theft-falls-10-1-again-but-canadian-premiums-arent-following-585781.aspx

Auto theft falls 10.1% again, but Canadian premiums aren't following

1+ mon, 1+ day ago   (432+ words) Canadian auto theft continued its decline in the first half of 2026, with 20,759 vehicles reported stolen nationally between January and June, down 10.1% from the 23,093 thefts recorded in the same period last year. The drop follows an even steeper decline of roughly…...

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 > us > news > auto-motor > atv-recovery-rates-lag-far-behind-motorcycles-and-brokers-should-be-flagging-it-584743.aspx

ATV recovery rates lag far behind motorcycles and brokers should be flagging it

1+ mon, 1+ week ago   (450+ words) A new analysis from the National Insurance Crime Bureau (NICB) showed recreational vehicle thefts fell 20% in 2025, but that headline number tells only part of the story that matters to brokers. Buried in the recovery data is a set of statistics…...