A software upgrade offered to the owners of Hyundai and Kia vehicles that were sold without electronic immobilizers cut theft rates by more than half, new research from the Highway Loss Data Institute shows. The companies began implementing the software upgrade in February 2023 in the wake of a tidal wave of theft claims that […]
IIHS-HLDI Research Sees Little Benefit from Partial Automation in Preventing Crashes Beyond Crash Avoidance Systems Like AEB
Compares partial automation features like lane keeping assist to convenience features like power windows and heated seats. Crash records and insurance data offer little evidence that partial automation systems are preventing collisions, research from the Insurance Institute for Highway Safety and the Highway Loss Data Institute shows. “Everything we’re seeing tells us that partial automation […]
State Farm’s Jeff Kinsey Elected HLDI Board Chair
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 […]