Stay Informed with The Latest
LEA NEWS
Most Recent News
Wells Fargo Sued by Ex-Manager Who Said Bank Faked Diversity
More
News
Supplier Wanxiang to Pay $53M to Resolve Probe into Imported Auto Parts
The Justice Department said Thursday it had reached a settlement with the U.S. arm of Chinese auto parts supplier Wanxiang over import tariffs owed on wheel hub assemblies and other parts imported from China over a five-year period. The U.S. …
Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather
Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, …
Insurance AI Demo Day Calendar Announced
Wells Media Group Inc. today announced the 2026 Insurtech + AI Demo Day events calendar, a lineup of virtual events featuring live demos of the AI and technology tools and innovations shaping the insurance industry. The series is presented by …
Europe’s Auto Industry Future May Be Electric Even After EU Climbdown
Brussels’ proposal to abandon a 2035 deadline for a total shift to fully electric driving allows Europe’s legacy carmakers more time to sell hybrids, but for the longer term, EVs are still the future, analysts and experts said. On Tuesday, …
Instacart to Pay $60 Million in FTC Consumer Protection Case
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System
Kentucky’s Transportation Cabinet and Department of Insurance have launched a new vehicle insurance verification system, and auto insurers have until Jan. 15 to start getting on board. The new Kentucky Insurance Verification System, authorized by state lawmakers earlier this year, …
The Power of the First Offer: Anchoring, Evidence and the Battle for Perception
If negotiation is the job, as Ronald Morrison wrote in the first article of this series, then the first offer is often the moment that defines success. Behavioral economists Daniel Kahneman and Amos Tversky first described the anchoring effect in …
Enlyte to Acquire Parts Procurement Marketplace PartsTrader
Enlyte has entered into an agreement to acquire PartsTrader, a parts procurement marketplace. According to Enlyte, the deal will bring together two complementary businesses within the auto physical damage ecosystem. PartsTrader will become a wholly owned subsidiary of Enlyte and …
Tesla Drivers Are Buying Escape Tools and Cars to Avoid Getting Trapped Inside
Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.
