Average of £1.13 million paid out every hour in motor claims last year....
UAE insurance industry adapts to intense weather conditions – AM Best
The severe weather conditions that triggered significant flash flooding across the Middle East this month are expected...
The severe weather conditions that triggered significant flash flooding across the Middle East this month are expected...
Article / 7 days ago
EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK,...
Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK,...
Article / 10 days ago
Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair: Report
New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing...
New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing...
Article / 17 days ago
Forget Driverless Cars... Here Come the Trucks!
Two firms plan to roll out fleets of fully autonomous trucks this year, setting the stage for rewiring the world's supply chains....
Two firms plan to roll out fleets of fully autonomous trucks this year, setting the stage for rewiring the world's supply chains....
Article / 24 days ago
Baltimore Bridge Collapse Reverberates From Cars to Coal - gCaptain
The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks...
The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks...
gcaptain.com /
Article / 29 days ago
Toyota halts shipment of some vehicles over certification issues - Reuters
Toyota Motor said it would suspend shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities...
Toyota Motor said it would suspend shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities...
reuters.com /
Article / 3 months ago
Disruptions Remain a Cog in the Automotive Supply Chain Wheel - SCMR
Red Sea danger, labor, the border crisis and an election keep automakers, and suppliers on their toes...
Red Sea danger, labor, the border crisis and an election keep automakers, and suppliers on their toes...
scmr.com /
Article / 3 months ago
Insider US in Full: Q4 earnings preview: Could this be a kitchen sink quarter?
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
Article / 3 months ago
Contingent third-party hauling
A new topic of concern has emerged in underwriting discussions regarding the liability both energy and non-energy firms face from hiring third parties to haul their property and products....
A new topic of concern has emerged in underwriting discussions regarding the liability both energy and non-energy firms face from hiring third parties to haul their property and products....
Article / 5 months ago
UAW strikes GM's Escalade factory, turning up pressure for higher wages - Reuters
The United Auto Workers (UAW) union struck a General Motors assembly plant in Texas on Tuesday that builds...
The United Auto Workers (UAW) union struck a General Motors assembly plant in Texas on Tuesday that builds...
reuters.com /
Article / 6 months ago