Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
State Auto Estimates $6.5 – $7.5Mn Q3 Cat Losses; RED Reserves Increased
Oct 9 2012 // State Auto Financial Corporation (STFC) estimates the impact of catastrophe losses in the third quarter of 2012 at between $6.5 million and $7.5 million in pre-tax net. It noted that during the quarter six catastrophe...
California’s Prop. 33 Latest Battle Between Adversaries Joseph, Rosenfield
Oct 8 2012 // Billionaire insurance executive George Joseph has been fighting with consumer advocate Harvey Rosenfield for two decades over California’s landmark automobile insurance law. This November, the two are squaring off...
Met P&C to Pay $345K in Restitution
Oct 8 2012 // An auto insurance company will pay close to $345,000 in restitution to Massachusetts consumers and an additional $50,000 to the state as the result of an investigation alleging that policyholders with clean driving records...
Rental Firms Agree Not to Rent Recalled Cars
Oct 8 2012 // Leading U.S. car rental companies have agreed to back Senate legislation to pull vehicles from the road when recalled for safety defects. The legislation brings car rental companies in line with auto dealers, who are...
Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High
Oct 8 2012 // Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the bundling auto and homeowners policies. Overall satisfaction...
Allstate Agents Returning to Massachusetts After 25 Years
Oct 5 2012 // Allstate Insurance Co. is reopening brick-and-mortar offices in Massachusetts after a quarter century of absence. Back in 1987, the Northbrook, Ill.-headquartered Allstate closed its offices in Massachusetts and pulled out...
Florida PIP Reforms Reduce Hikes But Not Many Premiums Thus Far
Oct 5 2012 // Florida regulators are optimistic that the state’s no-fault auto reforms are having a positive effect on the market and will eventually cut premiums for drivers. But for now they are telling the public that the...
Insurance Institute Names 4 Car Models Top Safety Picks
Oct 4 2012 // The Dodge Dart, the model Chrysler is betting on becoming a top-selling small car, was among four new vehicles on the U.S. market to receive a top crash-test rating by an influential safety group on Wednesday. The 2013...
Calif.’s Brown Record ‘Solid’ on Insurance Legislation
Sep 28 2012 // Gov. Jerry Brown saw over a dozen bills related in some way to insurance come across his desk, with a bill to approve driverless cars, a bill to overhaul California’s workers’ compensation system among...
Newsflash: Consumers Prefer Free Auto Insurance (And Other Stuff Too)
Sep 28 2012 // Our friends at the Consumer Federation of America have issued yet another shocking new study. This one shows something that’s truly nefarious: that auto insurers use things like credit score, employment, and coverage...
Rental Firms Agree Not to Rent Recalled Cars
Sep 28 2012 // Leading U.S. car rental companies have agreed to back Senate legislation to pull vehicles from the road when recalled for safety defects, lawmakers and the firms said on Thursday. The legislation brings car rental...
UK Competition Comm. to Investigate Auto Insurance; ABI Welcomes Move
Sep 28 2012 // The UK’s insurance market for auto insurance has been referred to the Competition Commission for investigation. The Office of Fair Trading (OFT), which made the referral, expressed concerns that the structure of the...
Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High
Sep 27 2012 // Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the practice of bundling auto and homeowners insurance...
Louisiana City Parish Pays Settlement in Junked Vehicle Lawsuit
Sep 26 2012 // Lafayette Consolidated Government has paid $70,000 to a man who challenged the constitutionality of the city-parish’s junked vehicle ordinance in a 2007 lawsuit. That’s according to the settlement...
Calif. Governor Green Lights Driverless Cars
Sep 26 2012 // California took the fast lane to the future on Tuesday when Gov. Jerry Brown signed a law that lets self-driving cars onto public roads. Brown rode to the signing ceremony at Google Inc. headquarters in the passenger seat...
Maine Motorcycle Death Total Up; 20 Fatalities So Far This Year
Sep 26 2012 // The Maine Public Safety Department says the number of motorcycle deaths on the state’s highways is outpacing last year’s figure. The state’s highway death toll so far this year as of Sept. 23 stands at...
EPIC Expands into Vintage Auto, Racing Industry
Sep 25 2012 // EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has formed a new division, EPIC Motorsports. Operated by EPIC’s own collectors and racers, this...
Alabama Prepares Crackdown on Uninsured Motorists
Sep 25 2012 // A driver’s chances of being hit by an uninsured motorist in Alabama may go down after Jan. 1. That is when a new system will start cracking down on the 900,000 Alabama vehicles without insurance. The system will...
Met P&C to Pay $345K in Restitution to Massachusetts Consumers
Sep 24 2012 // An auto insurance company will pay close to $345,000 in restitution to Massachusetts consumers and an additional $50,000 to the state as the result of an investigation alleging that policyholders with clean driving records...
Alabama Law on Car Locking Devices in DUI Cases Goes Into Effect
Sep 24 2012 // A new law requires that some people convicted of drunken driving install devices that prevent them from starting their vehicles if they have been drinking alcohol. The new law took effect Sept. 1 and requires the devices...
