Subject Root Tag

Future automobiles will likely need to include passive technology to monitor for driving under the influence and automatic emergency braking.

Over half or 62%, of insurers, say they will invest in risk management over the next year, with 55% saying they’ll invest in customer and employee data protection, according to the FIS’ 2021 Readiness Report.

In other news: Nexar partners with New York’s Black Car Fund and Hannover Re collaborates with ExamOne.

Several companies are using artificial intelligence and data analytics to better map properties for coverage in potential high-risk wildfire areas.

NHTSA, which announced the Tesla probe Monday, opened 26 probes into various auto and highway safety issues so far this year -- more than in all of 2020 or 2019, according to its website.

The insurance enables motorcyclists to customize their insurance all year round and pay for the time they ride instead of high predetermined rates.

The data and decision-making insights gathered from IoT devices have been revolutionary for insurers, and the potential of this technology is just starting to be realized.

The investigation covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014-2021 model years. NHTSA said it launched the probe after 11 crashes that resulted in 17 injuries and one fatality.

Climate change is exacerbating extreme and freak weather events so rapidly that even the insurance industry is struggling to keep up.

The company discovered three main problems in the insurance market in Mexico. One was that people, in general, lacked information about insurance plans, the potential benefits, and how they could save money in terms of healthcare, legal services, and other areas.

Multi-channel approach integrated with product design holds the key to a new era of protection products.

Toyota worked with CCC Intelligent Solutions to develop Collision Assistance.

The regulator has ordered companies and local agencies to curb improper marketing and pricing practices, and step up user privacy protection, according to a notice seen by Bloomberg News.

In other news: CoreLogic collaborates with One Concern on weather prediction technology and One appoints new CEO.

Research from Next, which surveyed 30,000 small businesses, found that over 40% don’t have business-specific insurance coverage and instead rely on personal insurance policies.

As part of its new policy, Amazon said it would work to help sellers purchase their own liability insurance.

Under the agreement, Brookfield Reinsurance will pay $190 in cash for each share of American National, the companies said in a statement Monday.

The two companies will offer motor carriers increased insurance opportunities through a risk-management app that sends risky driving alerts.

User-friendliness and a seamless experience will go a long way toward the perception that the insurer is providing value.

Pet insurers are using the same tools as other insurtechs to meet the needs of pet owners.