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eDriving and Munich Reinsurance America, Inc. (Munich Re) have teamed up to offer companies with commercial fleets a driver risk reduction program. eDriving warranties organizations will reduce the number of collisions by at least 20% in the first program year or the program fees will be refunded.
Read More →"Every Second Matters," an educational event series for the public and designed to curtail distracted driving, kicked off in Hartford, Conn. on Sept. 25, with several future events planned in the U.S. and Canada.
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The frequency of non-crash fire claims for passenger vehicles subsequently recalled was 19% higher than non-recalled models, according to the Highway Loss Data Institute. After the recall, the difference in non-crash fire claim frequency dropped to 11%.
Read More →Berkshire Hathaway GUARD Insurance Companies will begin testing advanced safety technology from Safe Drive Systems with a select group of vehicles in client fleets to see if the radar-based collision avoidance technology can reduce insurance claims.
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The adoption of autonomous driving technology will lead to fewer accidents, but the collisions that do occur will likely result in costlier repairs and raise difficult questions relating to driver and manufacturer liability, victim compensation and data collection, The Travelers Institute argues in a new whitepaper.
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Blog: Vocational trucks are susceptible to being targeted for staged accidents, which involves maneuvering an unsuspecting employee driver into an intentional crash in order to make a false insurance claim or to file a lawsuit against the driver’s employer.
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Subaru vehicles equipped with the company's EyeSight collision mitigation system that detects pedestrians have significantly lower rates for insurance claims for pedestrian injuries than the same vehicles without the system, a study by the Highway Loss Data Institute has found.
Read More →A consultant that offers vehicle reimbursement plans is touting the option as a way for corporations to reduce the risk associated with accidents, but the company's advice doesn't address several pitfalls of the strategy.
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Pete Frey joined Nationwide in March as its commercial telematics director. He has been tasked with developing a usage-based insurance program for commercial fleets.
Read More →The Floow Limited, a telematics provider with officers in Detroit and the United Kingdom, has launched a telematics platform for commercial fleets that uses a driver's cellphone to allow insurance companies, fleet operators, and manufacturers to collect data about driver behavior.
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