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Bloomberg Businessweek Weekend - February 23rd, 2024

Bloomberg Businessweek

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Rising Auto Insurance Claims and Technological Challenges

This chapter delves into the increasing auto insurance claims despite advanced safety features in cars, attributing the rise to distracted driving and the use of technology like phones and touchscreens. It also explores the profitability of insurance companies and examines the impact of rising repair costs due to technological advancements on consumer insurance prices.

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