Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
New Jersey Motorcyclist Indicted for Insurance Fraud
Aug 12 2015 // A New Jersey man has been indicted for allegedly reporting that his motorcycle had been stripped of its parts by thieves on two occasions, when in actuality he directed a repair shop to remove the parts so that he could...
Main Street America Introduces New Private Passenger Auto Program in Va.
Aug 12 2015 // The Main Street America Group announced the introduction of Main Street Protection Auto, its new private passenger auto insurance program for Virginia via its statewide network of independent insurance agents. Product...
U.S. Safety Board Focuses on Driver Fatigue in Tracy Morgan Crash
Aug 11 2015 // A Wal-Mart Stores Inc. driver who struck a limo van carrying comic Tracy Morgan last year had been awake for 28 hours and worked almost 14 hours at the time of the accident, U.S. investigators found. The National...
National Transportation Safety Board to Hold Hearing on Tracy Morgan Crash
Aug 10 2015 // Federal investigators will meet this week to determine the probable cause of the accident that injured actor-comedian Tracy Morgan and killed one of his friends. The National Transportation Safety Board scheduled a meeting...
Berkshire Insurance Units Slump in Q2
Aug 10 2015 // Warren Buffett’s Berkshire Hathaway Inc. posted second-quarter profit that missed analysts’ estimates because of higher claims costs at insurance units including Geico. Net income dropped 37 percent to $4.01...
How Much More 18-Year-Olds Pay for Their Own Auto Insurance
Aug 10 2015 // Eighteen year-olds pay an average of 18 percent more for car insurance if they sign up for an individual policy as opposed to remaining on their parents’ policies, according to a report from online seller...
Auto Losses Seen Cutting P/C Insurance Profits Until 2016
Aug 10 2015 // The property/casualty insurance industry has made money on its personal lines underwriting since 2013 but that is likely to change in 2015. At the same time, commercial auto insurance should still make an underwriting...
Missouri, Illinois Jeep Owners Sue Fiat Chrysler Over Hacking
Aug 7 2015 // Car owners in Belleville and eastern Missouri have filed a federal class-action lawsuit against Fiat Chrysler and a dashboard computer manufacturer after two hackers used a laptop computer to take control of a Jeep being...
Hacked Jeep Radio Maker Says No Flaw in Other Models
Aug 6 2015 // Harman International Industries Inc., the maker of the audio system in the Jeep Cherokee that was hacked remotely, said the software flaw that allowed that incident isn’t in infotainment systems it supplies to other...
Minivans Most Targeted Vehicle by Atlanta Thieves
Aug 6 2015 // Atlanta police say a minivan tops the list of vehicles most often targeted by vehicle thieves. FOX 5 News reports that Dodge Caravans were targeted in 172 thefts or attempted thefts in 2015. The Honda Accord and Jeep...
Auto Claims Hit Allstate’s Q2 Results
Aug 5 2015 // Allstate Corp. reported net income fell to $355 million in the second quarter, down from $645 million, as the insurer coped with rising auto claims costs. The Allstate brand suffered an underwriting loss for the...
TUMI Launches Dump Truck Insurance Program
Aug 4 2015 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has established a relationship with an ‘A’ rated carrier as well as an ‘A++’ rated reinsurer to underwrite...
Confie Adds Dallas-Based Insurance King Auto Agency
Aug 3 2015 // Confie, a national provider of personal lines insurance, has acquired the business of Insurance King Auto Agency LLC, which has two locations in Dallas The family-owned agency was established in March 2010 and specializes...
Car Hacking Risk Could Be More Widespread
Aug 3 2015 // The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on...
Auto, Homeowners Insurance Rates Rise in Ohio in 2014
Aug 3 2015 // The average rates for the top 10 private passenger auto and homeowner’s insurance groups in Ohio increased 2.6 percent and 4.3 percent, respectively, in 2014. The average rate change for auto insurance is similar...
Progressive CEO Renwick’s 5 Macro Trends of Note
Aug 3 2015 // By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have...
Insurers Unprepared for Self-Driving Car Disruption: KPMG
Aug 3 2015 // The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare...
Autonomous Vehicle Liability: Not Automatic Yet
Aug 3 2015 // A recent blog post asked a complicated question around the increasingly popular topic of insurance liability for accidents that involve autonomous vehicles (AVs — vehicles that can, as prototypes today, drive...
Evolving Consumer Base Is Changing Personal Lines: Conning
Aug 3 2015 // There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to undergo changes in its demographic structure, an industry report states. The...
Texas DPS Takes 1.7K Commercial Vehicles Out of Service
Jul 31 2015 // The Texas Department of Public Safety (DPS) said during its inspection of 7,865 commercial motor vehicles in June it pulled approximately 21.7 percent, or 1,710, of the 18-wheelers, buses and other commercial vehicles...
