Floods, wildfires and convective storms accounted for significant global reinsurance losses between 2017 and 2022, leading to higher costs and risks for insurance companies.
The service currently covers nearly 80 square miles of Los Angeles County, including Santa Monica, Hollywood Boulevard and the University of Southern California.
Lower gas prices are partially to credit for a surge in the number of Americans traveling by car, but increases in air, train and cruise travel are also expected.
Crash detection data from GM's new app could also be used by insurance companies and auto body shops to speed up the repair process and capture business.
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