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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.

The insurance company said auto property damage gross claim frequency in the second quarter was up 47% compared to the same quarter last year.

The pandemic didn't stop insurers from wanting to invest heavily in digital capabilities, Deloitte survey finds.

Other provisions included in the 2,702-page bill are a mandate for automatic emergency braking and crash avoidance systems for new cars, and rear guards for semitrailer trucks to keep the passenger compartments of cars from being crushed in rear-impact collisions.

Its the biggest investment the vehicle has made to date in South African startups.

Wingsure to fill a gap by providing coverage for farmers in India with a platform that operates like a digital broker.