Auto

When it comes to traffic accidents, July Fourth is among the year's most dangerous holidays.

Auto repair costs grew 4.9% in March, more than double the average from 2016-2019, according to RSM.

According to an S&P report, inflation could send the P&C industry to its first unprofitable year from an underwriting standpoint since 2017.

Insurers will have to reexamine how to handle claims where they must determine who is at fault — the car or the driver.

The no-fault system is rife for fraudsters' exploitation and leaves the injured on the hook for unpaid medical bills and lost wages.

The news comes from the first public release of data on crashes involving level 2 automated driving systems.