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Viewpoint: Driverless Cars Are Changing the Future of Claims

Article 0 Comments In the age of a tech-fueled automotive transformation in which vehicle usage is at an all-time high, the public perception of uncertainty around driverless cars remains. As of 2025, only 13% of U.S. Consumers would trust riding in an autonomous vehicle. Many consumers still remain concerned with the lack of human control, and the unpredictability of how autonomous vehicles might respond in complex situations. Through tracking automotive claims, it has been found that, to the contrary, autonomous vehicles result in minimal claims compared to human error, which is the cause of 90% of accidents. The statistics speak for themselves. Understanding automotive solutions means staying agile in the face of rapid industry changes, analyzing claims cycle times, addressing emerging issues and keeping pace with the evolving technology that’s steering the future. As autonomous vehicles take over the roads, they bring both promises and uncertainty into the automotive industry. Consumer trust will continue to catch up as the data reveals more about the future of this technology, as well as fewer claims and safer roads. It will be important to monitor advancements on liability, claims processes and risk strategies as everyday drivers, businesses and more navigate the evolving landscape...

Canada Invests in Wildfire Innovation and Resilience Through New Centre of Excellence 0

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Canada Invests in Wildfire Innovation and Resilience Through New Centre of Excellence

Ottawa, ON (July 18, 2025) – With wildfires impacting Canadians across the country, the federal government is taking action to prevent wildfires, mitigate their effects and boost resilience. The Government of Canada’s first priority is protecting Canadians and supporting those affected by wildfire. Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, and the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience, announced an investment of $11.7 million over four years to establish the Wildfire Resilience Consortium of Canada (WRCC). Funded through the Wildfire Resilient Futures Initiative, the WRCC will serve as a national centre of excellence and virtual hub for wildland fire innovation and knowledge exchange. The WRCC will advance many of the actions in the Kananaskis Wildfire Charter, agreed to by the leaders of the G7 this spring in Canada and endorsed by the leaders of Australia, India, Mexico, the Republic of Korea and South Africa. It will bring together domestic and international governments, communities impacted by wildfires, the private sector and individual experts to share knowledge, facilitate collaboration and accelerate the use of cutting-edge science and technology in wildfire prevention, mitigation, preparedness and response. It will also support Indigenous fire stewardship and the...

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California FAIR Plan Rolls out Commercial High Value Policy

Article 0 Comments The California FAIR Plan has increased commercial coverage limits and is now offering a commercial high value policy for condominiums, farms, wineries and other businesses in the state that cannot find insurance through the voluntary or excess and surplus insurance markets. Related: California OKs Increase in FAIR Plan Commercial Property Coverage Limits The action increases the FAIR Plan’s commercial property coverage limits to $20 million per building, with a total $100 million maximum limit per location. Last year, the FAIR Plan and the California Department of Insurance approved an agreement requiring the FAIR Plan to offer the commercial high value policy for three years. In March, Lara announced the approval of the FAIR Plan’s commercial filing to increase property coverage limits for high-value commercial properties. Topics California Commercial Lines Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Interested in Commercial Lines? Get automatic alerts for this topic.

Why Most Businesses Are Not Yet Winning With A.I. 0

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Why Most Businesses Are Not Yet Winning With A.I.

By Kim Basile, Michael Bradshaw & Maryjo Charbonnier, Kyndryl — Artificial intelligence is no longer on the horizon — it’s here, embedded across enterprise functions to improve operations and efficiency, enhance customer engagement, and drive business growth. In fact, in this new survey, some 95% of enterprise leaders told us they are already using AI across multiple areas of their organizations. That statistic alone might suggest the initial era of AI adoption has reached maturity. But peel back the layers, and a more complicated picture emerges. The technology itself is one major dimension. Getting your data in order, your systems to talk, your projects to scale — these are all very real challenges. But that’s only a piece of it — you have to bring people along in this transformation as well. Despite widespread implementation, 71% of leaders admit their workforces are not yet ready to harness AI’s full potential. More than half report their organizations lack the skilled talent to manage AI, and yet CEOs and their tech leaders aren’t aligned on how to solve the challenge. Even more telling: 45% of CEOs say their employees still actively resist the technology. This dissonance reveals critical fault lines in the AI...

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Man Who Killed Idaho Firefighters Was Turned Away by Fire Department

Article 0 Comments The man accused of fatally shooting two Idaho firefighters before killing himself last month had tried to join the fire department, and became angry when told he would need to go through training and testing. Wess Roley also tried to join the Army twice — his father was an Army veteran — but was disqualified after failing to follow through on tasks and appointments, Kootenai County Sheriff Bob Norris said Tuesday at a press conference. The new revelations offer a more complete picture of the 20-year-old’s resentments. Officials also presented evidence suggesting the attack was premeditated—a goodbye letter to his father they found in his truck and drawings in his home that appear to show a mountain parking lot with a shotgun being fired and a person aiming a rifle at his chin. “Tomorrow, I shall go to battle,” Roley wrote to his father. “If I survive, it would be with upmost dishonor. I bid thee farewell.” Next to his signature were two symbols that appear to be runes linked to Nazi ideology. Roley used gas, lighters and flint to start a series of fires at Canfield Mountain on June 29 to instigate a response, then shot...

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12 Top States for Estate and Trust Income Taxes

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Intel Beats Shareholder Lawsuit Over $32 Billion Stock Plunge

Article 0 Comments A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value. While saying she “understands plaintiffs’ frustrations,” U.S. District Judge Trina Thompson in San Francisco ruled on Wednesday that Intel did not wait too long to reveal a $7 billion fiscal 2023 operating loss in its foundry business. Intel’s stock price sank 26% last August 2, one day after the chipmaker announced more than 15,000 layoffs and suspended its dividend, hoping to save $10 billion in 2025. The Santa Clara, California-based company created the foundry business in 2021 to serve customers including Amazon.com and Qualcomm, while still making chips and wafers for internal use. In a 21-page decision, Thompson said Intel made clear that foundry results would be “obscured” until 2024, meaning its earlier financial reporting was not false and misleading. Thompson also cited an “overarching policy consideration” that because Intel’s public statements suggested a “trial-and-error” approach to the foundry business, the company could have faced risks from reporting preliminary, unaudited data. The judge dismissed an earlier version of the lawsuit in March....

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8 Ways to Talk Business With Friends

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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12 States Where It Takes the Most Income to Be in the Top 1%

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.