Category Archives: Auto

Vehicles of the Future Pose New Product Recall Risk

car concept

It was recently reported that Apple has started the process of attracting automotive engineers to work on a new initiative. Elon Musk’s well-known brand, Tesla, is currently synonymous with electric vehicle technology, but it is likely that the space will … Continue reading →

US Auto Liability Market Trends – Q3 2014

Auto Liability Middle Market Market Trends: Q3 2014

Primary auto rate increases are averaging +2.0% countrywide, which continues a downward trend from +2.7% last quarter and +3.9% a year ago. Continue reading →

Auto Liability Market Trends: Q1 2014

Auto Liability Market Trends: Q1 2014

Primary auto rate increases are averaging +2.7% countrywide, which continues a downward trend from +3.3% last quarter and +3.9% for the previous quarter and +4.4% a year ago. Continue reading →

Groundhog Day for Product Recall

Cars in dumpster

Recent recalls in the automotive sector have emphasised the very real threat product recall poses to the longevity and even the very existence of some of the world’s best known companies. Continue reading →

Auto Liability Market Trends: Q4 2013

Auto Liability: Q4 2013

Primary North American auto rate increases are averaging +3.3% countrywide, which continues a downward trend from +3.9% last quarter and +4.2% for the second quarter. Continue reading →

Which Cars Thieves Prefer–and How to Protect Yours

Car Thief

After traveling approximately 820,000 miles commuting to work during my career, my attitude toward my vehicles has always been pretty pragmatic–occasionally veering into the phlegmatic when broken down on the highway.  But when the National Insurance Crime Bureau reported the … Continue reading →

North American Insurance Buyers Facing Improved Market Conditions

Marketplace Realities: 2014

Property insurance rates are coming down, and the upward rate pressure on many other lines of business is easing. This is the word from Willis North America’s Marketplace Realities, the longstanding semiannual publication predicting price movement and key trends for … Continue reading →

The Automotive Sector Continues to Suffer from Supply Chain Issues

Supply chain issues are once again in the spotlight after media reports have emerged that owners are angry at having to wait months for supplies of critical car parts. Continue reading →

Can Ignorance be a Defence for Directors?

This headline in the Los Angeles Times of 28th August 2013 caught my attention: Toyota executive testifies in acceleration case: “I am not very technical”. The article is about the testimony of Toyota’s US CEO, James Lentz in a suit brought … Continue reading →

EU Rules on Gender-Neutral Pricing Ignore the Statistics

On International Women’s Day this year many European women may be feeling slightly lighter in the pocket due to one of the European Union (EU)’s latest dictats. As from 21st December 2012, insurers in the EU are no longer allowed to … Continue reading →