Trends reports say UBI, AI & telematics here to stay, industries still learning pros & cons
— January 16, 2024An insurance intelligence trends report from J.D. Power, released in mid-December, called 2023 “the
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UBI
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Lawsuit alleging ‘unfair’ & ‘deceptive’ Tesla UBI premium calculations moves forward
— December 7, 2023Tesla Insurance Services, the automaker’s usage-based insurance company, faces a class-action lawsuit
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Younger generations more comfortable with some insurance telematics tracking
— October 18, 2022A survey of nearly 1,200 drivers, representing a national sample of vehicle owners and leasees, by MoneyGeek
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USAA adds automatic crash detection to its SafePilot app
— August 29, 2022USAA has become one of the first auto insurers to implement automatic crash detection technology as part
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UBI interest & insurance carrier switches see uptick in Q2
— August 8, 2022J.D. Power’s Q2 2022 Insurance Loyalty Indicator and Shopping Trends (LIST) report, in collaboration
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LexisNexis sees growth in demand for telematics product, focuses on data privacy
— June 29, 2022Five years since the launch of the LexisNexis Telematics Exchange, 42% of the U.S. auto insurance market
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Survey: Rising auto insurance premiums push more consumers to telematics-driven policies
— May 24, 2022The percentage of consumers opting in to telematics-driven auto insurance has risen by a third over the
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Insurer accused of unfairly raising premiums based on false collision warnings from Tesla vehicles
— May 5, 2022A Chicago Tesla owner has sued State National Insurance Company, claiming that the carrier raised his
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LexisNexis: Digital claims processes frustrate consumers; UBI adoption remains low
— April 25, 2022The LexisNexis 2022 U.S. Auto Insurance Trends Report shows that customers are becoming more comfortable
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Ford, State Farm offer telematics-driven UBI insurance program
— February 16, 2022Ford Motor Company and State Farm have introduced usage-based insurance (UBI) for drivers of model year
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