Jeff Kinsey, assistant vice president and actuary at State Farm Insurance Companies, has been elected chair of the Highway Loss Data Institute (HLDI) Board of Directors. Kinsey takes over from Stefanie Zacchera, vice president of personal lines data and analytics at The Hartford, who remains on the Board. “There is no better time than now […]
Solera Global EV Research Shows 29% Higher Overall EV vs. ICE Repair Costs in Side-by-side Model Comparison
Solera Holdings, LLC announced the results of global research looking at repair cost trends of electric vehicles (EVs) in comparison to internal combustion engine (ICE) repair costs. The comparative study considered aggregate international analytics across 20 countries; Solera’s global claims database aggregates and normalizes raw claims data to provide insights into important performance metrics such […]
NHTSA Proposes Automatic Emergency Braking Requirements for New Vehicles
Rule would replace the 2016 voluntary agreement between manufacturers, NHTSA and IIHS that led 14 manufacturers to install braking system in 95% of their vehicles by last September. The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) yesterday announced a Notice of Proposed Rulemaking that would require automatic emergency braking and pedestrian AEB […]
The Hartford’s Stefanie Zacchera Reelected HLDI Board Chair for 2023
Stefanie Zacchera, vice president of personal lines data and analytics at The Hartford, will serve another year as chair of the Highway Loss Data Institute’s Board of Directors. Zacchera was reelected to the position after serving as chair in 2022. “It’s been an honor to serve as chair over the past year, and I am […]
IIHS and HLDI Call on Regulators to Require Pedestrian AEB that Works in the Dark
The Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute (HLDI) this month petitioned federal regulators to require manufacturers to equip all new passenger vehicles with automatic emergency braking (AEB) systems capable of detecting and avoiding pedestrians in the dark as well as in daylight. Both a HLDI analysis of insurance claims […]
The Hartford’s Stefanie Zacchera Elected HLDI Board Chair
The Highway Loss Data Institute (HLDI) announced the election of Stefanie Zacchera as chair of its Board of Directors. Zacchera is vice president of personal lines data and analytics at The Hartford. She succeeds Kathleen Ores Walsh, vice president of pricing and product analytics at USAA. Ores Walsh remains a member of the Board. “HLDI’s […]
Research Shows Crash Avoidance Technology Results in Larger Collision Claims Reduction for Young Drivers than Other Age Groups
Crash avoidance features seem to benefit young drivers more than others according to an analysis of insurance data by the Highway Loss Data Institute. Crash avoidance systems are associated with larger reductions in the frequency of collision and property damage liability (PDL) claims for drivers under 25 years old than those ages 25 and older, […]
Crash Rates Up Following Marijuana Legalization
Studies by IIHS and HLDI show crash rates up in Western U.S. states that legalized recreational use and retail sales of marijuana. According to research from the Insurance Institute for Highway Safety (IIHS), and another by the affiliated Highway Loss Data Institute (HLDI), crash rates and collision claim frequencies spiked in most states following the […]
Report Shows Evidence of Rear Autobrake Effectiveness
HLDI analysis shows 28% few liability claims and 10% fewer collision claims. According to an analysis by the Highway Loss Data Institute (HLDI), rear automatic emergency braking (AEB) systems are reducing crashes. Rear AEB was the standout feature in HLDI’s annual compilation of its research on the impact of crash avoidance technologies. The updated rear AEB […]
Animal Strikes Twice Annual Average During November
Highway Loss Data Institute reports on 2006-2018 claim analysis. In 2018, the average cost of an animal strike claim was $3,875 Animal-strike-related insurance claims are more than twice as frequent as the yearly average in November, when the search for a mate keeps the big bucks on the move, according to an analysis of claims […]