Industries

Insurance payouts for Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd's of London Chief Executive Officer John Neal.

Data analysis consultant Martin Ellingsworth points to gaps between standard vehicle prices and their values as exposing insurers to excessive risk.

How will the events of 2023 affect 2024 when it comes to collision claims?

Travelers, Nationwide and Aon lead a collection of new partnerships and acquisitions that will leverage tech to attract customers.

A new J.D. Power report points to rising premiums and difficulties in getting coverage as reasons for a chill on auto insurance consumers shopping and switching habits. Digital Insurance spoke with Stephen Crewdson of the automotive data company.

Electric vehicle fires can be catastrophic and it's vital that fire departments have procedures for extracting occupants involved in an accident and fire.

By embracing emerging technology like AI, auto insurers can future proof their businesses and stay competitive.

The unit will pay $48 million to consumers and $12 million to a victims' relief fund.

With personal auto insurance rates increasing across the country, drivers are seeking ways to manage costs for mandatory insurance.

Pay-as-you-go insurtech currently focused on the restaurant industry.

Climate change is driving an increasing reliance on electric vehicles and the means to charge them.

Leveraging telematics can improve risk assessments, streamline operations and improve fleet safety.

CSAA Insurance Group will use the Arity IQ Network, which uses driving behavior data to quote auto insurance policies.

Warren Buffett's Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit.

Spot cargo trucking insurance start-up adds partnerships, expanding its distribution and embedding in the markets where truckers book their freight assignments.

Advanced driver assistance systems (ADAS) decrease risky behaviors, such as distracted driving and speeding, reducing auto claims.

The county of Maui and families of victims have sued the utility, alleging that its downed power lines were responsible for the conflagration. Hawaiian Electric has denied wrongdoing.

CCC has been working with an adviser to explore a potential sale and other possible buyers have been circling, said the people, who asked not to be identified because the details are private.

Apple iPhone 15 and 14 users in the U.S. will have access to the service via a satellite.

Brown's approach to diversity in business allows firms to compete on equal footing with larger competitors, which increases collaboration and yields stronger business results.