Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Toronto Dominion Bank Warns of Insurance Losses from Weather Claims
Jul 31 2013 // Toronto-Dominion Bank, Canada’s second-largest lender, said it will take a third-quarter charge after tax of C$418 million (US$406 million) due to recent severe weather in Alberta and Ontario and to boost its...
Arizona Flash Flood Carries Away Tour Bus, None Hurt
Jul 30 2013 // Flash flood waters swept a tour bus with 33 people aboard hundreds of yards down a wash in northwestern Arizona and the vehicle flipped on its side, but no one was injured, officials said. The Las Vegas-bound bus was...
Kansas Vehicle Dealers Coping With Hail Damage
Jul 29 2013 // The hailstorm that pounded south-central Kansas last week left automotive dealers with big headaches, but it’s also giving prospective buyers a chance at big bargains. The Hutchinson News reports dealerships in the...
Safety Board Recommends ‘Talking Vehicles’ Technology in New Models
Jul 25 2013 // The government should set performance standards for new safety technology that allows cars and trucks to talk to each other and then require the technology be installed in all new vehicles, a federal accident investigation...
Former North Carolina Lawmaker Sues Driver, Bar Over Crash
Jul 25 2013 // A former North Carolina legislator who was seriously injured in a 2011 car crash is suing the estate of the man killed in the accident as well as the bar which he says served the victim too much alcohol. The Winston-Salem...
Investors See Travelers’ Cuts in Auto as Sign Rate Hikes Have Peaked
Jul 24 2013 // Travelers Cos.. Inc. said it would cut jobs and reduce prices of auto insurance, steps investors took as an indication that rates had risen too far and competition was increasing. The company’s shares fell 4 percent...
6 Plead Guilty in Louisiana Auto Accident Insurance Fraud Scheme
Jul 23 2013 // Six defendants in a case involving an automobile accident insurance fraud scheme in Louisiana have pleaded guilty, U.S. Attorney Stephanie A. Finley announced. The pleas were heard by U.S. District Judge S. Maurice Hicks,...
Travelers’ Q2 Profit Climbs 85% to $925M; Auto Unit Layoffs Planned
Jul 23 2013 // The Travelers Companies today reported net income of $925 million for its 2013 second quarter, an 85 percent jump from $499 million net income posted a year ago. The insurer credited lower catastrophe losses and continued...
R.I. Enacts Auto Body Repair Bill; Industry Group Expresses Disappointment
Jul 22 2013 // Rhode Island Gov. Lincoln Chafee recently signed into law a bill (HB 5263/SB 465) that would prevent insurers from declaring a vehicle a total loss if the vehicle can be restored to its pre-accident condition at a cost...
Florida Auto Policy Covers Modified Golf Cart: Court
Jul 22 2013 // A Florida appeals court has ruled that an automobile insurer must cover a Florida man for injuries from a collision in a golf cart that had been modified to exceed a speed of 20 miles per hour. The ruling overturned a...
OSHA Again Probes Georgia Auto Parts Plant After Worker’s Death
Jul 22 2013 // Federal authorities are questioning working conditions at a Georgia auto parts plant for the eighth time in four years, this time in connection with a worker’s death. The Occupational Safety and Health Administration...
Social Media: It’s Here to Stay
Jul 22 2013 // The Most Successful Users Know Their Markets The value of social media as a tool for marketing and selling property/casualty insurance may be a matter of debate but one thing is for certain: While the nature of social...
NICB Report Ranks Vehicle Theft Rates in Northeast
Jul 22 2013 // The National Insurance Crime Bureau recently released its annual report on a per capita review of vehicle thefts from the nation’s Metropolitan Statistical Areas (MSA). The report, based on 2012 data, shows that...
Auto Insurance, Claims Handling Top Reasons for Complaints in Illinois
Jul 22 2013 // Auto insurance was the line of coverage that topped the list of coverage complaints investigated by the Illinois Department of Insurance in 2012, with group accident and health insurance coming in second. The department in...
After Deadly Crash, Alabama Revisits Safety of Allowing Truck Cargo Bed Riders
Jul 19 2013 // Alabama politicians said that they would consider drafting legislation to prevent people from riding in the backs of pickup trucks in the wake of a rollover accident near Guntersville. U.S. Rep. Mike Rogers, R-Anniston,...
New Jersey Man Admits to Running Vehicle Theft Ring
Jul 16 2013 // A New Jersey man has admitted to supervising an auto theft ring that authorities say stole over 100 vehicles worth a total of more than $550,000. The Attorney General’s office says 33-year-old Jose D. Lopez of South...
26 Motorcyclists Killed on Minnesota Roads This Year
Jul 12 2013 // The year so far has been a deadly one for motorcycle riders in Minnesota. The state Department of Public Safety says 26 motorcyclists have been killed on Minnesota roadways this year. Last year at this time, 18 riders were...
Progressive Premium Revenue Climbs, Profit More Than Doubles
Jul 11 2013 // Progressive Corp., the fourth- largest U.S. auto insurer, said profit more than doubled as premium revenue climbed after the company raised rates for coverage. But the insurer declined in New York trading as the results...
Insurers’ Group Urges R.I. Governor to Veto Auto Body Legislation
Jul 8 2013 // The Rhode Island Legislature passed legislation before adjournment on July 3 that could impact the pockets of Rhode Islanders when they have to pay for auto body repairs, according to the Property Casualty Insurers...
NICB Report Ranks Vehicle Theft Rates in Northeast
Jul 3 2013 // The National Insurance Crime Bureau released its report last week on a per capita review of vehicle thefts from the nation’s Metropolitan Statistical Areas (MSA). The report, based on 2012 data, shows that California...
