The auto industry is a long way from seeing autonomous vehicles and ride-hailing companies put an end to traffic deaths and personal car ownership, according to one of the top U.S. auto dealers. “We have reached peak absurdity on this …
A Massachusetts appeals court used a recent case to warn auto insurers that it is important to take retail book value into consideration early in the settlement process. While the court ruled in favor of defendant Massachusetts Homeland Insurance Company …
A Senate panel killed a proposal to permit companies to continue renting vehicles that have been recalled, a measure criticized by consumer groups, automakers and even some rental-car companies. The Commerce, Science and Transportation Committee instead voted Wednesday to require …
Rhode Island’s Department of Business Regulation, Insurance Division, issued a bulletin Monday stating that pursuant to the state law, auto insurers must pay the “fair market value” for a vehicle that is declared a total loss. R.I. Gen. Laws § …
