Teslas are getting more expensive to insure thanks to the manufacturer’s sliding fortunes and reports of vandalism against the cars. There are few markets as pure, heartless, and single-minded as auto insurance. It’s a machine run on actuarial tables and its calculations are telling insurers that they’ll probably have to pay out a damage claim […]
Uber Claims It’s the Victim of an Elaborate Fake Car Crash Scheme
You might (rightly) think insurance is a racket, but Uber means it literally. According to Bloomberg, the ride-hailing company recently filed a racketeering lawsuit that alleges a vast criminal conspiracy in which law firms, doctors, and pain management clinics teamed up to stage fake car accidents and resulting injuries in order to cash in on […]