Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Everest National Insurance Company Awards American Claims Management with Personal Auto Program
Feb 13 2013 // San Diego, CA, 02/13/13 – American Claims Management, Inc. (ACM), a national third party administrator, has been awarded the claims handling for the Personal Auto Program from Everest National Insurance Company...
Insurers: False Auto Claims on the Rise in Minnesota
Feb 12 2013 // Auto insurance companies say false and exaggerated injury claims are on the rise in Minnesota. The National Insurance Crime Bureau says suspicious personal injury claims have tripled since 2008. Minnesota ranked tenth in...
Northeast Trying to Get Back on Track After Snowstorm
Feb 11 2013 // Emergency crews and residents struggled to clear roadways and sidewalks from a storm that rampaged through the Northeast, dumping up to 3 feet of snow and bringing howling winds that knocked out power to hundreds of...
Farmers Insurance Pulling Out of Louisiana
Feb 11 2013 // Farmers Insurance Exchange, which has around 23,000 homeowner and 7,000 auto policies in Louisiana, is dropping those lines of business in the state, but a company spokesman said Friday it will retain more than 100,0000...
Unfair Drivers
Feb 11 2013 // In its latest report on auto insurance premiums, the Consumer Federation of America (CFA) said insurers charge higher premiums to safe drivers than to unsafe drivers. That claim seems to go against the grain when...
Garagekeepers Sometimes Lags in the Auto Repair Shop
Feb 11 2013 // The neighborhood auto repair shop might seem to be an easy risk to insure. But there are a few misunderstood coverages that agents and brokers should know about, says one California broker specializing in the auto services...
10 Things to Know About the Commercial Auto Market
Feb 11 2013 // The commercial auto segment saw an underwriting loss in 2011 for the first time in nine years, with a combined ratio of 103.6 percent, according to a special report on the U.S. commercial auto insurance industry published...
A Future Filled With Driverless Cars
Feb 11 2013 // Visions of robotic self-driving cars may appear like something from a George Lucas film but in June 2011, this vision took a giant leap toward becoming reality when Nevada became the first state to enact legislation that...
Northeast Blizzard Hit Like a Hurricane
Feb 10 2013 // A blizzard packing hurricane-force winds hammered the northeastern United States on Saturday, cutting power to 700,000 homes and businesses, shutting down travel and leaving at least nine people dead. The mammoth storm...
Exclusive Interview: North Carolina Commissioner Goodwin on Home, Auto Markets
Feb 7 2013 // Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the state’s homeowners insurance market than he is on auto insurance. As was the case four years ago when he first...
Director: Ohio Auto, Homeowners Insurance Premiums Among Lowest in Nation
Feb 7 2013 // Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s average auto and homeowners insurance premiums are again among the lowest in the nation. According to 2010 data, the most recent...
Central New York Man Sentenced for $1.4M Insurance Scam
Feb 6 2013 // A 66-year-old central New York man has been sentenced to 21/2 years in federal prison and ordered to pay more than $1.4 million for staging a car crash to collect insurance. The U.S. Attorney’s Office in Syracuse...
Family Sues Company Over Minnesota Office Attack
Feb 5 2013 // The family of a man who was among six people gunned down at his Minneapolis, Minn., office last year is suing the company, claiming it botched the firing of the employee who carried out the attack and should have known...
New Jersey Officials Warn of Storm-Damaged Car Re-Sales
Feb 4 2013 // New Jersey officials are warning would-be car buyers to be careful about buying vehicles that may have been damaged by Superstorm Sandy. The state’s motor vehicle commission has seen a near 6,000 percent increase in...
AmWINS Forms Non-Standard Auto Specialty Division
Jan 30 2013 // AmWINS Group, Inc. has combined its various non-standard auto operating entities to create AmWINS Specialty Auto (ASA), a new operation within the AmWINS Underwriting Division. The combined entities include Newport General...
Insurers Say Latest CFA Study Is Flawed; Marketplace Is Highly Competitive
Jan 29 2013 // The new auto insurance pricing study from the Consumer Federation of America (CFA) is getting roundly criticized by insurance industry representatives. The representatives say that states’ auto insurance marketplaces...
Missouri Insurance Department Returns Nearly $11M to Consumers in 2012
Jan 29 2013 // Consumers who filed complaints with the Missouri Department of Insurance received nearly $11 million in additional claim payments from their insurance companies in 2012, the department reported. Health insurance generated...
CFA Report: Largest Auto Insurers Often Charge Higher Premiums to Safe Drivers
Jan 28 2013 // In its latest report on auto insurance premiums charged by the largest auto insurers, the Consumer Federation of America said these insurers frequently charge higher premiums to safe drivers than to those who recently...
GEICO Plans to Hire 800 in Buffalo, N.Y., Region in 2013
Jan 28 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, has announced plans to hire 800 people for its Buffalo-area office in 2013. The insurer currently employs about 2,400 people at its service...
AXA Assistance Extends Classic Car Service Deal with Broker Footman James
Jan 28 2013 // AXA Assistance UK, a leading motor and property assistance provider (part of the global AXA Group) announced that it has extended its long-term partnership with specialist classic vehicle insurance broker Footman James to...
