Felony DUI Bill Working in Washington Legislature
A Seattle man who lost his parents and whose wife and infant son were seriously injured last March by a drunken driver asked a Senate panel on Monday to pass…
Global Car Insurers Offer Discounts – If They Can Monitor Driving Data
Insurance companies around the world are promising lower rates on car coverage. The catch is they want to install the equivalent of an airplane’s black box to track how and…
UK Regulator Asks Insurers to Provide Transparency on Coverage Costs
The UK’s financial regulator said insurance companies are not always providing clear information to consumers about whether it is cheaper to pay for coverage upfront or in installments. The Financial…
UK’s Allianz Insurance Aims to Improve Fleet Safety With Telematics Partnership
Allianz Commercial has joined forces with fleet incident management provider FMG, to provide commercial fleet and motor trade customers with the capability to improve driver safety and fleet efficiency. Allianz…
Generali Acquires MyDrive Solutions, a UK Data Analysis Firm
Trieste-based Generali Group announced that it has acquired MyDrive Solutions, a UK company that uses data analytics tools to profile driving behavior. MyDrive Solutions, which was founded in 2010, specializes…
Montana Man Who Killed Student Settles Suit, Includes Insurance Money
A man who is serving a 70-year prison sentence for killing a German exchange student in his garage has settled a lawsuit filed by the victim’s family, in part by…
Homes, Vehicles Flooded in Sioux Falls
More than half a foot of rain fell in parts of Sioux Falls, S.D., leading to flash flooding that inundated basements, stranded dozens of motorists and cut electricity to thousands…
Insurers Could Find an Early-Mover Advantage from Telematics: Fitch
The motor insurance industry faces a significant shake-up from two waves of technological innovation – the growth of telematics and the development of driverless cars, according to Fitch. Over the…
Hiscox to Sell Hong Kong Division of DirectAsia Business to Well Link Group
Hiscox, the specialist insurance group, announced it has reached an agreement to sell the Hong Kong division of its DirectAsia business to Well Link Group Holdings Ltd., a member of…
Telematics-Based Car Insurance Policies in UK Increase by 40%: BIBA Survey
The number of live telematics-based motor insurance policies, including black box policies, in the UK has increased by 40 percent, according to the latest annual research by the British Insurance…