The Insurance Institute for Highway Safety and the Highway Loss Data Institute announced that Dr. David L. Harkey will become the next president of the two traffic safety research organizations in January 2018. Harkey will succeed Dr. Adrian K. Lund, who is retiring after serving as IIHS-HLDI president since 2006. Harkey, 54, has directed the […]
HLDI Reports Legalizing Recreational Marijuana Leads to More Collision Claims
Legalizing recreational marijuana use in Colorado, Oregon and Washington has resulted in collision claim frequencies that are about 3 percent higher overall than would have been expected without legalization, a new Highway Loss Data Institute (HLDI) analysis shows. This is HLDI’s first report on how marijuana legalization since 2014 has affected crashes reported to insurers. […]
HLDI: Total Payouts for Vehicle Damage by Hail Top $7 billion in 2008-14
Highway Loss Data Institute analysis of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. An updated analysis by the Highway Loss Data Institute (HLDI) of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. […]