CCC Intelligent Solutions (CCC) has become the first company in the auto insurance industry to deliver an AI-powered repair estimating solution, called CCC Estimate – STP, short for straight-through processing.
The Chicago-based auto-claims technology powerhouse uses AI, insurer-driven rules and CCC’s vast ecosystem to...
... with Crum & Forster and Great American Insurance Company. ... The collaboration will leverage each company's financial strength and specialty ...
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LONDON/DETROIT, March 20 (Reuters) - For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from...
A coalition of midsize U.S. banks is calling on the government to insure all deposits for the next two years, in the wake of Silicon Valley Bank's emergency rescue that insured all of the firm's deposits regardless of size.Driving the news: The Mid-Size...
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New York Community Bancorp has taken over Signature Bank and assumed most of its deposits, the Federal Deposit Insurance Corporation announced Sunday evening, one week after crypto-friendly Signature Bank and tech-focused Silicon Valley Bank both collapsed in the span of a few days—sending...
Sen. Elizabeth Warren (D-Mass.) said during an interview on Sunday that Congress should lift the cap on federal insurance on bank deposits from $250,000, as lawmakers mull policy changes in the aftermath of the historic collapse of Silicon Valley Bank.“I think that lifting...
