Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Insurance Institute"


25 mentions found


Small business insurance like property, liability, and business interruption are key to helping protect against major risks. By assessing the threats to your small business and putting resources in place to prevent and mitigate them, you can help keep your small business running. Your insurance agent can also help you analyze your small business and identify types of coverage that may help safeguard it against potential risks. Here are five types of risks to consider, along with some ideas to help protect yourself and your small business. State Farm offers Small Business Insurance for a wide range of small businesses.
Organizations: State, The Insurance Institute, Business, US Chamber of Commerce, US Small Business Administration, Farm, Small Business Insurance, Insider Studios
That’s made home insurance increasingly unaffordable or even inaccessible – and that’s leaving more people in the same position as the Daneaus. California’s largest insurer, State Farm, requested a 30% rate increase for its homeowner’s line last month. Last year, California Insurance Commissioner Ricardo Lara reached an agreement with insurers with an aim to cover approximately 85% of properties in high-risk areas. “[My insurance plan] wasn’t canceled but my insurance company increased the rates quite a bit,” she said. But he cautioned there’s no guarantee of that, leaving homeowners like the Daneaus grappling with uncertainty.
Persons: Los Angeles CNN —, Michael, Kristy Daneau’s, Kristy, Michael Daneau, Kristy Daneau, That’s, “ We’re, ” Michael, , aren’t, Justin Sullivan, California’s, it’s, ” Michael Daneau, Ricardo Lara, Kristy Daneau's, what’s, Steve Hawks, Woolsey, Angela Wilson, LAEPF, Wilson, Brent Woodworth, there’s, “ I’m, we’ve, CNN’s Camila Bernal, Sarah Moon Organizations: Los Angeles CNN, Gas & Electric, Insurance Information Institute, California Department of Insurance, Farm, State, CNN, FAIR, California FAIR, California, Golden State, The Insurance Institute for Business & Home Safety, Institute for Business & Home Safety, for Business & Home, Los, Emergency Preparedness Foundation Locations: Cohasset, California, Paradise , California, Santa Monica, Malibu
CNN —Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. Instagram page Kei Trucks Appreciation Society (@keitrucksas) sells Kei truck-themed merchandise from hoodies to stickers and posts memes for its more than 95,000 followers. On X, Kei truck fans share pictures of mini trucks they spot in the wild. Most states lack Kei-specific regulation entirely, and so far, only 19 states allow Kei trucks on public roads. And data from Edmunds showed that Americans were trading in more midsize and large pickup trucks for compact trucks than vice versa.
Persons: Kei, , George Zotos, Bill Pugliano, Zotos, Tetsu Ichino, , I’ve, it’s, Andrew O’Bright, Kei truck’s, ” Zotos, Melissa Torre, Torre, Mark Schirmer, Mercedes ’ Smart, ” Schirmer, Ford, Edmunds, Ivan Drury, Drury, Organizations: CNN, Ford, Silverado, American International Detroit Auto, Research, JDM Imports, Philadelphia, Torre, Daihatsu, Cox Automotive, Mercedes, Benz, Insurance Institute for Highway Safety, Ford Maverick, Hyundai, Hyundai Santa Cruz Locations: Japan, New York, Detroit , Michigan, Rockville , Maryland, Maryland, Chicago, Kei, U.S, Hyundai Santa
About half a million light vans are sold in the United States every year, with many of those going to companies like Amazon and FedEx. Light vans are those with a gross vehicle weight rating of less than 10,000 pounds. Lane departure prevention technology could have helped prevent or, at least, reduce the seriousness of, about 11% of those fatal crashes. That tech could help prevent 37% of fatal crashes involving delivery vans, the Institute said. In more than 60% of crashes and more than half of fatal crashes, the occupant of another vehicle or a pedestrian or cyclist was killed or injured.
Persons: Ram ProMaster, Ram, Van Organizations: CNN —, Amazon, FedEx, Insurance Institute for Highway Safety, Ford Transit, Mercedes Sprinter, Institute, Stellantis, IIHS, Ford Locations: America, United States
New rules from the National Highway Traffic Safety Administration will require improved automating braking systems on new cars sold in the United States by September, 2029. Even though automatic emergency braking, or AEB, is already common on new vehicles sold in the US, these new requirements will save hundreds of lives per year, NHTSA officials said in a statement. AEB is standard equipment on a large majority of new vehicles sold thanks to a voluntary agreement most automakers signed in 2016. If the driver fails to respond in time or with enough braking force, AEB systems apply the brakes automatically. Research by the privately funded Insurance Institute for Highway Safety showed today’s AEB systems reduced rear-end collisions by about 50%.
Persons: Sophie Shulman Organizations: CNN, National, Traffic, Institute for Highway Safety, Vehicles, NHTSA Locations: United States
CNN —Investigators with the National Highway Traffic Safety Administration and National Transportation Safety Board are investigating a fatal crash involving a Ford Mustang Mach-E equipped with advanced driving assistance technology. Ford shows off the new model 2024 Ford Mustang Mach-E GT during the Chicago Auto Show at McCormick Place convention center in Chicago, Illinois on February 8, 2024. Federal investigators are looking at dozens of crashes involving so-called advanced driver assistance, or ADAS, systems. ADAS systems handle basic driving tasks such as keeping the vehicle in its lane while maintaining a safe distance behind vehicles ahead, usually in highway driving only. Fourteen of these systems, including two from Ford, were recently rated by the private Insurance Institute for Highway Safety.
Persons: Jacek Boczarski, Ford, IIHS, Jennifer Homendy Organizations: CNN, National, Traffic Safety Administration, National Transportation Safety, Ford, of Highway Safety, NTSB, Chicago Auto, McCormick, Getty, NHTSA, Wall Street, Federal, General Motors, Volvo, Insurance Institute for Highway Safety Locations: , San Antonio, Chicago , Illinois, Anadolu, Ford, Texas
A new study found that driver-assistance systems may create new safety risks. The Insurance Institute for Highway Safety tested 14 automation systems across nine manufacturers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Driver-assistance systems have been billed as a tool to help make long drives safer, but a new study found the technology can actually create new safety risks by more easily allowing a driver's attention to wander.
Persons: Organizations: Insurance Institute for Highway Safety, Service, Business
Automated driving systems are lacking in the safety department, according to a new report. Tesla's Full Self Driving system earned the worst marks, but most of the 14 systems tested poorly. Some say that autonomous and assisted driving systems are responsible for fatal crashes. AdvertisementYou may want to think twice before flipping on your autonomous driving system on the highway. The agency tested 14 systems, 11 of which received a "poor" overall safety rating.
Persons: , David Harkey, Tesla, Ford Organizations: Service, Insurance Institute for Highway Safety, National, Traffic Safety Administration, CNN, Ford, Mercedes, Benz, Nissan, General Motors, Insurance, Google Locations: California, Los Angeles, San Francisco
CNN —The Insurance Institute for Highway Safety, which rates cars and SUVs for safety, examined so-called advanced driver assistance systems such as Tesla Autopilot and found them wanting. Of the 14 systems tested by the agency, 11 earned a “poor” rating including Tesla’s Autopilot and so-called Full Self Driving systems. Insurance Institute test drivers also looked at what would happen if the driver became incapacitated with the automated driving system in use. Of the systems tested, only GM’s Super Cruise handled that sort of situation the proper way, according to the Institute. The Insurance Institute will continue to monitor software updates and improvements and will periodically retest the systems, Harkey said.
Persons: , David Harkey, Harkey, , ” Harkey, ” Nissan, Ford, BlueCruise, ” Ford Organizations: CNN, The Insurance Institute for Highway, Ford, Nissan, , Insurance, ” Insurance, Traffic, Administration, The Insurance Institute, Institute, The, . Insurance, Cruise, Tesla, GM, Insurance Institute for Highway, Insurance Institute
In Europe and Asia, many cars offer adaptive driving beam headlights that can do this. But that still means driving much – or most – of the time using only low beam headlights that don’t reach very far. That means it will probably be years before ADB headlights are widely available in the US. But, while driving, the lights work just like standard high beam, low beam headlights. It will be years before they can offer new, redesigned ADB headlights that meet the standards, auto industry sources say.
Persons: , , Michael Larsen, Larsen, Matt Brumbelow Organizations: CNN, ADB, Traffic Safety Administration, NHTSA, Ford, Volkswagen, Insurance Institute for Highway, Society of Automotive Engineers, ” Audi, , General Motors, Society of Automotive, EU, Audi, Mercedes, Insurance Institute for Highway Safety Locations: Europe, Asia, China, Canada, United States, America, American
Car repairs are getting more expensive. Here's why
  + stars: | 2024-02-11 | by ( Robert Ferris | In | ) www.cnbc.com   time to read: +4 min
Your eyes aren't fooling you — your car repair bill really is getting more expensive. Repair costs are rising relative to the overall rate of inflation. Motor vehicle maintenance and repair costs increased 4.1% per year from November 2013 to November 2023, compared with just 2.8% for the overall consumer price index. Meanwhile, talent to repair cars is scarce. Many in the auto space think costs can't continue to rise at these rates.
Persons: David Goldsmith, Mitchell, hasn't, Matt Moore, Goldsmith, Ryan Mandell, Mandell, Alan Amici Organizations: Urban, Data, Insurance Institute for Highway, Mitchell, Technicians, Center for Automotive Research Locations: Brooklyn, New York City, U.S
The crash test highlights safety experts' concerns about faster and heavier EVs. AdvertisementA new video of a Rivian truck bursting through steel guardrails during a crash test highlights some of the safety concerns experts have raised about heavy electric vehicles. Bigger the car, deadlier the crashSafety experts have previously raised concerns about the risks heavy vehicles and heavier EVs could bring to the roads. In the UK, safety experts say the heavier weight could cause older parking garages across the country to collapse. "There is some urgency to address this issue," Cody Stolle, Midwest Roadside Safety Facility's assistant director, told the publication.
Persons: , Rivian, Ann Carlson, Charles Krupa, Kevin Heaslip, Politifact, Steve Patton, Alexa St, John, Zhe Ji, Myles Russell, they're, Cody Stolle, Ford Organizations: Service, University of Nebraska, Safety Facility, Nebraska Today, Midwest, Safety, National, Traffic Safety Administration, Reuters, Insurance Institute for Highway Safety, Center for Transportation Research, University of Tennessee, P Global Mobility, EV, Alexa, Ferrari, GMC, Ford, Madison Hall, McLaren, Anadolu, Getty, Research, Tesla Locations: Manchester , New Hampshire, Canadian, North America
Cellphones can track what we say and write, where we go, what we buy and what we search on the internet. But they still aren’t being used to track one of the biggest public health threats: crashes caused by drivers distracted by the phones. Safety experts say that current estimates most likely understate a worsening problem. Car crashes recorded by the police rose 16 percent from 2020 to 2021, to 16,700 a day from 14,400 a day, according to the National Highway Traffic Safety Administration, or N.H.T.S.A. But those figures do not capture all cellphone distraction; they include only crashes in which a police report specifically mentions such distraction.
Persons: , David Strayer, It’s, Jake Nelson, Organizations: National, Traffic Safety Administration, University of Utah, Traffic, Research, AAA, The New York Times, Insurance Institute for Highway Safety
Elon Musk's Cybertruck apocalypse
  + stars: | 2023-12-05 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +8 min
In most regards, the sales pitch for Tesla's new Cybertruck doesn't differ in its particulars from the value proposition of any other pickup or SUV. But unlike the Cybertruck, its sales pitch has a curve: Musk has said all along that it's designed to be your go-to vehicle for the End of the World. "The apocalypse could come along at any moment, and here at Tesla we have the finest in apocalypse technology." If you believe in an apocalypse with trucks, you must also believe that someone will be maintaining the necessary infrastructure. In the early 20th century, when cars first came within financial reach of average Americans, the sales pitch focused on freedom of movement.
Persons: Elon, Musk, , It's, cofound, Ursula K, Le Guin, Ken Liu, Mike Pondsmith, Adam Rogers Organizations: SpaceX, Insurance Institute for Highway Safety, Cooperation Locations: Francisco, Megacity
Researchers at the institute looked at records of almost 18,000 incidents in which vehicles struck pedestrians. Tall front ends are common among full-size trucks and SUVs but they aren’t exclusive to very big vehicles. In general, vehicles with box-shaped front ends, even when they’re only medium height, are roughly 26% more likely to kill a pedestrian, according to the IIHS. NHTSA has also proposed adding pedestrian safety tests to its regimen of crash tests and other safety measurements for new vehicles. But automakers should also consider pedestrian safety in the design of their vehicles, IIHS president David Harkey said in a statement.
Persons: aren’t, IIHS, , Wen Hu, , that’s, Motors, Ford, David Harkey Organizations: CNN, Insurance Institute for Highway Safety, Research Transportation, Vehicles, Institute, Traffic, Administration, , Alliance, Automotive Innovation, NHTSA, U.S
Motor vehicles with higher, more vertical front ends raise risks for pedestrians, according to a highway safety organization. But among vehicles with hood heights between 30 and 40 inches, a blunt, or more vertical, front end increases the risk to pedestrians. Vehicles with hood heights of more than 40 inches and blunt front ends angled at greater than 65 degrees were 44% more likely to cause fatalities. “There’s no functional benefit to these massive, blocky fronts.”While sloping front ends did not reduce the risk posed by vehicles with the tallest hoods, they did make a difference for vehicles with hood heights of 30 inches to 40 inches. There was a 25% increase in the risk of a fatality for vehicles with flat hoods — those with angles of 15 degrees or less — compared with vehicles with more sloping hoods.
Persons: , Wen Hu, Organizations: The Insurance Institute for Highway Safety, IHS, Research Transportation Locations: U.S
REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - Four large pickup trucks fared poorly in tests measuring how rear seat passengers fare in some crashes, the Insurance Institute for Highway Safety said Tuesday. "Like most other vehicle classes, large pickups don't perform as well in the new moderate overlap evaluation as they do in the updated side test," said IIHS President David Harkey. IIHS said front seat safety has been boosted by improved airbags and advanced seat belts typically not available in the rear. The updated test uses a heavier barrier traveling at a higher speed to simulate the striking vehicle. In traffic crashes in 2021, 60% of pickup drivers who were killed were unrestrained - higher than other categories of vehicles.
Persons: Rebecca Cook, IIHS, Ram, David Harkey, Stellantis, David Shepardson, Christopher Cushing Organizations: Ford Motor Company, North American, REUTERS, Rights, Insurance Institute for Highway Safety, Ford, General Motors, Silverado, Toyota, Thomson Locations: Detroit , Michigan, U.S
New Chicago Mayor Brandon Johnson’s transition plan called for “restricting right turns on red,” but his administration hasn’t provided specifics. The college town of Ann Arbor, Michigan, now prohibits right turns at red lights in the downtown area. The United States is one of few major countries that generally allow right turns on red. Critics argue that banning right on red will not only inconvenience motorists but also slow down commuter buses and deliveries. Melinda Kasraie testified on behalf of Lovick's bill at a legislative hearing, sharing her experience being struck by a car turning right on red in Seattle.
Persons: Langerman, New Chicago Mayor Brandon Johnson’s, hasn’t, , Jay Beeber, “ What's, ” Beeber, , Bill Schultheiss, Jonathan Kincade, They're, we've, Priya Sarathy Jones, Mike McGinn, it's, Beeber, Sen, John Lovick, Melinda Kasraie, ” Kasraie Organizations: CHICAGO, Washington , D.C, New Chicago Mayor, San Francisco, , National Motorists Association, Safety, Toole Design, Washington Area, United Parcel Service, Justice Center, Governors Highway Safety Association, The Insurance Institute for Highway Safety, America, Traffic Safety Administration Locations: Chicago’s Lakeview, Washington ,, , Ann Arbor , Michigan, San, Los Angeles, Seattle, Denver, California, United States, U.S, New York City, Idaho, Chicago, Indiana , Maryland, Missouri, Illinois, Washington
The Dodge Charger SRT Hellcat is the most frequently stolen vehicle in the US, a nonprofit says. The nonprofit said it identified the top stolen cars from 2020 to 2022 based on a review of claims per insured vehicle. As you might expect, pricey cars like the Dodge Charger SRT Hellcat, which can cost more than $80,000, topped the list. AdvertisementAdvertisementThieves favor the Dodge Charger SRT Hellcat the most, stealing it about 60 times more frequently than the average car, IIHS said, landing it a relative claim frequency of more than 6,000. Here's the full list of the most stolen vehicles, according to IIHS: (as a reference point, the average relative claim frequency across all vehicles is 100):
Persons: IIHS, Organizations: Dodge, Kia, Hyundai, Service, FBI, Insurance Institute for Highway Safety
In addition to the novel flat-pack delivery, Luvly is hoping that the electric car’s other features – including its super-light frame and swappable batteries – will make sustainable transport more affordable, says Håkan Lutz, Luvly CEO and co-founder. LuvlyA “Luvly” solutionLuvly O is a “light urban vehicle,” also known as a microcar. Luvly plans to license its patented light vehicle flat-pack framework to other car manufacturers to build their own branded versions. Resource-light and requiring less energy to manufacture than electric passenger cars, light electric vehicles (LEVs) such as microcars could make a serious dent in transport carbon emissions, says Brost. This is where Luvly hopes to add value: inspiring more car manufacturers to develop light urban vehicles with its patented framework.
Persons: it’s, Håkan Lutz, Lutz, Luvly, , , , Luvly isn’t, Citroën, Ami, Mascha Brost, Brost, ” Brost, It’s Organizations: CNN, IKEA, BMW, Formula, Opel, Fiat, Micro, German Aerospace Center, German Aerospace, Institute for Highway, US, Peachtree Locations: Swedish, Stockholm, , Italian, Swiss, Germany, Peachtree City, Georgia
Why tornadoes are more destructive than ever in the U.S.
  + stars: | 2023-10-04 | by ( Katie Koontz | ) www.cnbc.com   time to read: +4 min
One hundred sixty-one people were killed in the Joplin tornado. The May 2011 Joplin tornado left behind almost $3 billion in damage, making it the costliest U.S. tornado on record. "Tornadoes are a big problem in the United States," said Anne Cope, chief engineer at the Insurance Institute for Business & Home Safety. Based on estimated wind speeds and damage, tornadoes can range on a scale from EF0 to EF5. "The reality is, is that all 50 states, including Alaska and Hawaii, receive tornadoes."
Persons: Troy Bolander, Ann Leach, Ann, Troy, Anne Cope, Cope, Joplin, Leach, Victor Gensini, Gensini Organizations: Joplin, Insurance Institute for Business & Home, of Commerce, Resilience Victoria, Department of, Northern Illinois University Locations: Joplin , Missouri, Kansas, Joplin, Troy, United States, U.S, Plains, Texas, Alaska, Hawaii, Midwest, Mississippi, Memphis, Indianapolis, Nashville
Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Subaru, which has performed well in IIHS pedestrian crash avoidance tests, considers visibility its first line of safety, according to spokesperson Todd Hill. Thanks to vehicle improvements, seatbelt laws and other changes, fatal crashes in the U.S. trended downward for decades, hitting a low of 29,867 in 2011. Government estimates of fatal crashes in 2022 show a 43% increase to 42,795 — partially thanks to increases in speeding and drunk driving and decreases in seatbelt use. Fatal crashes also increased as a percent of total miles driven.
Persons: — Alyssa Milligan, Alyssa, , Jessica Cicchino, they’re, ” Cicchino, Todd Hill, Transportation’s Volpe, Billy Richling, Jessica Hart, Allie, ” Hart, , didn’t, ” John Capp, we’re, I’ve, Organizations: Nashville —, National Association of City Transportation, Insurance Institute for Highway Safety, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation’s, Transportation’s Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, Ford Transit, General Motors, GM Locations: Tenn, Tennessee, Nashville, U.S, Washington
Vehicles are built to be safer than ever before, but pedestrian and cyclist deaths are rising. A rise in the popularity of larger vehicles, like vans and trucks, may be a factor in this increase. Ronald E. VanHoose/Associated PressRoadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Fatal crashes also increased as a percent of total miles driven. AP Photo/Mark SchiefelbeinHart is now an advocate with the Washington chapter of Families for Safe Streets, a nonprofit working to end fatal crashes.
Persons: , Alyssa Milligan, Alyssa, Ronald E, Jessica Cicchino, they're, Cicchino, Todd Hill, Transportation's Volpe, Billy Richling, Jessica Hart, Allie, Allie Hart, Mark Schiefelbein, Hart, didn't, Mark Schiefelbein John Capp, we're, Mark Schiefelbein Hart, I've Organizations: Service, Nashville —, Associated, National Association of City Transportation, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation's, Transportation's Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, AP, Ford Transit, General Motors, GM Locations: Tennessee, Nashville, U.S, Washington
The lawsuits come after thousands of Hyundai and Kia thefts that use a method popularized on TikTok and other social media channels. The cities suing Kia and Hyundai include New York, Cleveland, San Diego, Milwaukee, Columbus and Seattle. Kia and Hyundai vehicles represent a large share of stolen cars in many U.S. cities, according to data from police and state officials. Many Hyundai and Kia vehicles have no electronic immobilizers, which prevent break-ins and bypassing the ignition. In May, the automakers agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles.
Persons: Edgar Su, Immobilizers, David Shepardson, Angus MacSwan Organizations: Singapore, REUTERS, Rights, Korean, Hyundai Motor, Kia Corp, Hyundai, Kia, Traffic Safety Administration, Insurance Institute, Highway, Data, Thomson Locations: Singapore, New York, Cleveland, San Diego, Milwaukee, Columbus, Seattle, U.S
Consider the simple roundabout — a traffic circle well known in Europe but less familiar across most of America. Proponents say roundabouts can dramatically reduce crashes, injuries and deaths, can improve traffic and even save a city a fair bit of money. "'Can you get rid of this traffic light near my house or near my business?' The Insurance Institute for Highway Safety, which is funded by the insurance industry and issues widely watched crash test ratings for vehicles, says roundabouts are considerably safer for drivers and pedestrians and cause much less congestion than traffic lights. We have been rated over and over by various organizations [as] one of the best places to live in the United States; one of the best places to retire; one of the best places to raise families; one of the best places for single people.
Persons: Mayor Jim Brainard, Brainard, Brainard's Organizations: Mayor, Insurance Institute for Highway Locations: Europe, America, U.S, Carmel , Indiana, Carmel, United States
Total: 25