Virginia consumer protection bill passes General Assembly
— March 20, 2024A Virginia bill, poised to advance to the governor, aims to give consumers recourse if auto insurers do not act in good faith when refusing…
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Mercedes-Benz performs X-ray of crash test, captures 100 images at impact
— March 19, 2024Mercedes-Benz recently performed the first vehicle manufacturer X-ray of a crash test, a press release from the OEM says. The X-ray device can capture 1,000…
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Fisker pauses production, faces bankruptcy and delisting of stock
— March 19, 2024Fisker will pause production for six weeks as it faces bankruptcy and delisting of its Class A stock, according to a company press release and…
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New Toyota patents: Kinetic cushion, carbon fiber reinforced steel and wireless power
— March 18, 2024Toyota received 2,667 patents in 2023 including for a kinetic seat cushion, steel composite and systems and methods for in-vehicle wireless power, a press release…
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Validation program for aftermarket scan tools begins soon, security ID needed
— March 18, 2024The National Automotive Service Task Force (NASTF) will soon be launching a validation program for aftermarket scan tools, according to its website. The Aftermarket Scan…
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New York Times: Insurers are using driving information collected by OEMs
— March 15, 2024Vehicle manufacturers are sharing driving information with data brokers, such as LexisNexis, who then share the information with insurance companies, according to a recent New…
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Insurance ‘significant source’ of inflation, feds say during testimony
— March 14, 2024Federal Reserve Chair Jerome Powell mentioned the cost of insurance on inflation during testimony to the Senate Banking, Housing and Urban Affairs Committee last week. …
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Tractable accuses CCC of violating anti-trust laws in countersuit
— March 14, 2024Tractable, an AI photo estimating company, accused CCC of violating anti-trust laws in a motion for countersuit filed Monday in a court case that has…
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Liberty Mutual pays over $17K in storage fees following DOI complaint
— March 13, 2024Liberty Mutual Insurance Co. determined a 2011 Ford Edge was a total loss in early July after a North Carolina collision shop estimated the cost…
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Statista: Insurance industry ranks 3rd in lobbying spending in 2023
— March 12, 2024The insurance industry remained a lobbying powerhouse in 2023, only trailing behind the pharmaceutical and electronics manufacturing industries, according to data released by Statista. As…
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