Insurer USAA has seen an increase in car crashes within the last few weeks, though the number of miles driven nationwide was down 44 percent during a recent stretch.
State Farm and the United Services Automobile Association are collaborating on a blockchain-based solution designed to aid the auto insurance claims handling process.
Severe storms and large hail have severely impacted vehicles in several regions throughout the South and Midwest, resulting in millions of dollars of insurance and reinsurance losses rises to the tens of thousands.