Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Pair in Arkansas Staged Crash Scams Get Jail Terms for Insurance Fraud
Jun 13 2017 // An Arkansas duo behind two fake crashes and false insurance claims have each received three-year prison sentences, the Arkansas Insurance Department announced. Jeremy Fisher, 36, and Teneshia White, 34, both of Pine Bluff,...
Ex-Car Dealership Official in New Jersey Sentenced for Stealing Nearly $3M
Jun 13 2017 // The former general manager of a now-defunct New Jersey car dealership who got nearly $3 million through a fraud scheme has been sentenced to five years in prison. Richard Pepe had pleaded guilty to bank fraud and filing a...
How and Why More Insurers Are Turning to Bots
Jun 12 2017 // As more bots handle claims and perform underwriting tasks, should human employees be concerned? Human industry experts say there’s no need to worry. Insurers in the U.S. and overseas are exploring the use of chatbots...
Most Car Makers in No Rush to Make Automatic Braking Standard Equipment
Jun 12 2017 // Big automakers are rushing to launch self-driving cars as early as 2021, but the industry’s major players are moving slowly when it comes to widespread deployment of a less expensive crash prevention technology that...
N.C. Lawmakers Again Scuttle Bill to Reform Rate Bureau
Jun 11 2017 // Most of the auto insurance industry has for several years been trying to convince North Carolina’s lawmakers to eliminate the last vestiges of the once-common “rate bureau” system, under which the...
Risk Theory Adds Garage Package for Franchised Auto Dealers
Jun 9 2017 // Risk Theory, LLC, underwriter of a dealer open lot program for independent agents, has expanded its offerings to include garage package coverage for franchised auto, heavy truck, and motorcycle dealers. The Garage Program,...
26 People Wanted in Georgia Over $155K Auto Insurance Fraud Ring
Jun 9 2017 // Arrest warrants were issued this week for 26 suspects in connection with an automobile insurance fraud ring centered in the Columbus, Georgia area, according to a statement from Insurance Commissioner Ralph...
Stone Creek in California Names Van Horn Marketing Manager
Jun 8 2017 // Lafayette, Calif.-based Stone Creek Insurance Agency has named Kimberly Van Horn as marketing manager. Van Horn has nine years of experience in commercial insurance. Van Horn’s past positions include marketing...
Congress May Override State Rules on Self-Driving Vehicle Testing
Jun 8 2017 // Congress is working on national self-driving vehicle legislation that could replace state-by state rules and make it easier for automakers to test and deploy the technology, senior U.S. House and Senate lawmakers told...
Texas Governor Signs Statewide Texting While Driving Ban
Jun 7 2017 // Texas Gov. Greg Abbott has signed into law a measure banning texting while driving statewide. Under HB 62 by Midland Rep. Tom Craddick, drivers who are caught using a phone to text, send email or post to social media while...
Coming Soon: Talking Car That Tells If Driver Is About to Have Medical Emergency
Jun 6 2017 // A driver experiencing an unexpected cardiac event on the road isn’t the only one at risk. Fellow passengers and motorists also face death or serious injury when another person has a medical emergency behind the...
Hamilton Re Raises $65M to Fund Special Purpose Vehicle Turing Re
Jun 6 2017 // Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, has established its first special purpose vehicle, Turing Re Ltd., which will provide collateralized capacity for Hamilton Re’s global...
Automakers Seek Changes to Federal Autonomous Vehicle Guidelines
Jun 6 2017 // President Donald Trump’s administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said on Monday, responding to automakers’ calls for...
Validus ILS Unit AlphaCat Names AQR’s Van der Stichele as Portfolio Manager
Jun 5 2017 // AlphaCat Managers Ltd., the Bermuda-based subsidiary of Validus Holdings Ltd., announced the appointment of Bernard Van der Stichele to the position of portfolio manager for AlphaCat. In this new role, Van der Stichele...
How ‘Exposure Data Tracking’ Is Taking Over Personal Lines Insurance
Jun 5 2017 // Today’s insurers want to be there for their customers — literally. With sensors in policyholders’ cars, homes and personal devices, “exposure data tracking” is becoming a competitive...
Autonomous Vehicle Testing to Begin in New York State
Jun 5 2017 // New York Governor Andrew M. Cuomo has announced that New York is now accepting applications from companies interested in testing or demonstrating autonomous vehicles on public roads. Included in the fiscal year 2018...
Designing D&O Coverage for a Growth Environment
Jun 5 2017 // There is a seemingly ever-growing legal threat being faced by corporate executives, fueled by the multitude of entry points with which risks can penetrate and give rise to a severe loss. Whether a board is faced with...
Guy Carpenter Taps Gen Re’s van Oort as Managing Director, Benelux Operations
Jun 1 2017 // Guy Carpenter & Co. announced the appointment of Hans van Oort from General Reinsurance Co. as managing director, Guy Carpenter Benelux, effective Dec. 1, to further strengthen the regional team. He will be responsible...
Hawaii Sues Auto Makers over Shrapnel-Spewing Air Bags
May 31 2017 // Hawaii is suing auto manufacturers Ford, Nissan and Toyota over air bags that can spew shrapnel when they deploy. The complaint filed Wednesday says the manufacturers knew or should have known for more than a decade that...
Motorist Deaths by South Carolina Police Trigger Costly Settlements
May 31 2017 // Police forces in South Carolina have reached several high-dollar settlements in cases where officers have shot and killed drivers and others in moving vehicles in the past several years. Here are some of the most expensive...
