auto insurance News

Commission OKs Plan to Improve Oklahoma Roads, Bridges

The Oklahoma Transportation Commission has approved a work plan that calls for repairing or replacing nearly 400 county bridges and improving hundreds of miles of county roads over the next five years. About $926 million in federal, state, local and …

Minnesota Sees More than 300 Traffic Deaths so far in 2017

Minnesota has surpassed 300 traffic deaths for the year so far. According to preliminary data, the state Office of Traffic Safety says 309 people have died on Minnesota roads since Jan. 1. Of those deaths, 201 were people in motor …

Arkansas Mulls 75 MPH Speed Limit, Opens Comment Period

Arkansas opened a 45-day comment period Monday on whether highway officials should let motorists drive at higher speeds and within minutes had elicited confessions from drivers who wrote that, while they themselves speed, other drivers are going even faster. Legislators …

Report: Seatbelt Use Lags Among Louisiana Truck Drivers, Passengers

Louisiana’s pickup truck drivers buckle up less regularly than motorists in cars, SUVs and vans. That’s the finding of a new seatbelt use study from the Louisiana Highway Safety Commission. The group says 87 percent of drivers and front-seat passengers …

Arkansas Officials: Highway Funding May Have to Wait Until 2019

Arkansas highway officials have left open the possibility they’ll take a road funding proposal to lawmakers in 2019 rather than pursue a ballot measure next year. The move comes a day after Gov. Asa Hutchinson said he would oppose any …

Arkansas Gov. Opposed to Tapping General Revenue for Road Improvements

Arkansas’ governor says he’ll “vigorously oppose” any highway funding ballot initiative that calls for tapping into general revenue for road needs. Gov. Asa Hutchinson told reporters he opposes any attempt to divert tax revenue from new and used car sales, …

Alerts System for Tech-Connected Cars Planned for Ohio Turnpike

Officials are planning a new system of travel alert information for part of the Ohio Turnpike near Cleveland with an eye toward a day when autonomous vehicles might regularly cruise the roadway. The Turnpike Commission will use roadside sensors and …

Insurtech Mobile-Based Auto Insurer Root Expands into Utah

Root Insurance has expanded its services to drivers in Utah. Root, which is now operating in Illinois, Oklahoma, Indiana, Ohio and Arizona, asserts that drivers can save up to 52 percent by using Root’s data-driven approach, which bases rates primarily …

Chicago-based Clearcover Raises $11.5M to Launch Auto Insurtech Model

Chicago, Ill.-based Clearcover announced an initial funding round of $11.5 million led by Lightbank. Greycroft Partners, 500 Startups, Silicon Valley Bank, and other insurance and fintech investors also participated in the financing. Clearcover will use the funding to scale up …

Saudi Decision to End Women’s Driving Ban Boosts Auto Insurers’ Shares

Saudi Arabia’s decision to end a driving ban for women is likely to save families billions of dollars, boost industries from car sales to insurance, and reassure investors that the kingdom’s push to diversify its economy beyond oil is on …