A sharp rise in vehicle wrecks, complex repair costs, and fraud complaints is stressing Georgia’s auto insurance market, prompting legislative calls and insurer resistance.
Thanksgiving ranks as a peak claims day for fire, auto, and injury incidents. Adjusters should be prepared for post-holiday surges in kitchen fire reports, liability questions, and alcohol-related crashes.
Motive’s AI dash cams and real-time data tools are helping GEICO policyholders prevent accidents, cut costs, and resolve claims faster. Commercial fleets can now qualify for premium discounts by sharing telematics data.
A new model tracks U.S. household spending and employment patterns to predict financial strain, policy lapses, and claims risk more accurately than traditional credit-based methods.
Winter weather contributes to a rise in rear-end, lane-change, and single-vehicle collisions. Data underscores the need for seasonal claims preparedness and driver safety outreach.
Fraud schemes are pushing up premiums and targeting vulnerable consumers after disasters, crashes, and medical visits. NICB encourages policyholders to report suspicious activity.
Arctic air will sweep into the central and eastern U.S., bringing record-setting cold, early snow chances, and increased risk for freeze-related property and auto claims.
Trucking companies face shrinking margins from high insurance premiums, nuclear verdicts, and slow claims resolution, but safety tech and tort reform offer glimmers of hope.