Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
$350K Added For Hawaii Electric Vehicle Rebates
Mar 15 2012 // Hawaii is adding more money to an electric vehicle rebate program and extending the deadline for the rebates. State officials said Tuesday that because of an increase in demand for electrical vehicles, $350,000 is being...
N.Y. Unveils Plan to Shut Down Fraud Docs, Medical Mills
Mar 14 2012 // Dishonest doctors and medical mills in New York better watch out! Following highly publicized crackdowns of major auto insurance fraud rings in the state, Gov. Andrew Cuomo unveiled a statewide initiative this month to...
Confie Seguros Acquires Power Auto in California
Mar 13 2012 // New York, N.Y.-based Confie Seguros, a national provider of personal lines insurance focused on Hispanic consumers, acquired Power Auto Insurance, a privately-owned Cerritos, Calif.-based firm specializing in auto...
16 Arrested in Brooklyn, N.Y., for Allegedly Staging Auto Accidents
Mar 9 2012 // Sixteen people in Brooklyn, N.Y., have been arrested for their roles in allegedly staging auto accidents to fraudulently receive insurance payouts. New York State Attorney General Eric Schneiderman announced the arrests on...
Survey Finds Emerging Markets’ Growth in Auto Financial Services
Mar 8 2012 // A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said:...
Lawmaker Halts Effort to Ease West Virginia Motorcycle Helmet Law
Mar 8 2012 // Efforts to ease West Virginia’s motorcycle helmet law have been stopped short by the bill’s advocate, who pledged to fight for legislation making helmets optional next year. The Senate Transportation committee...
U.S. to Sell $6 Billion in AIG Stock; AIG to Pay More to Taxpayers
Mar 7 2012 // The U.S. Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step...
Louisiana Ranks 4th in Train-Vehicle Crashes, Injuries
Mar 7 2012 // Louisiana recorded fewer vehicle-train collisions and fatalities last year, but the number of related injuries rose slightly. That’s according to preliminary 2011 data from the Federal Railroad...
Sharing Economy Calls For Insurance Innovation
Mar 5 2012 // How Insurance Helped Getaround Get Going Can technology positively impact a billion people in just 10 years? Possibly, if insurance is available. Consider taking a low-use personal automobile — which might sit idle most...
One Insurance Broker’s Drive for Innovation
Mar 5 2012 // When Jessica Scorpio, 24, began her quest for insurance for Getaround.com, a peer-to-peer car sharing organization, she ran into a few closed doors. “I definitely spent my whole 22nd year banging on insurance...
5 Things to Know About Classic Car Insurance
Mar 5 2012 // With warmer weather around the corner, classic car owners are beginning to take their beloved vehicles out of storage for the driving season. Agents may find this an opportune time to contact their clients to review their...
China to Open Auto Insurance Market
Mar 5 2012 // China has agreed to an important financial sector reform by opening up its massive auto insurance market to foreign competition. During a meeting with U.S. business chiefs and Chinese Vice President Xi Jinping, U.S. Vice...
There’s an App for That: Mobile Phone Quoting
Mar 5 2012 // Don’t be surprised if in the not-too-distant future on a television commercial you see Flo, adorned in her white apron, drop her price scanner and pick up a smartphone, on which she takes a picture of a...
N.Y. Prosecutors Say Fraud Scheme Was Largest of Its Kind in History
Mar 1 2012 // Authorities are describing the takedown of a massive auto insurance fraud ring in New York the largest of its kind involving New York’s no-fault law. The fraud scheme involved 10 licensed medical doctors, three...
Mississippi House Revisits Vetoed Auto Insurance Verification Bill
Mar 1 2012 // A proposal to set up online computer checks to make sure drivers have auto insurance is again moving forward in the Mississippi House. A similar measure was vetoed last year by then-Gov. Haley Barbour. According to 2009...
Louisiana Reports 4-Year Decline Vehicle Thefts
Feb 27 2012 //
Colorado Car Dealers Installing GPS to Protect Risky Loans
Feb 24 2012 // Some Colorado car dealers who are approving high-risk loans for the vehicles they sell are installing GPS tracking units to protect their investments. According to KREX-T, the use of tracking units is an industry-wide...
Electronic Proof of Insurance Gaining Steam in Some States
Feb 23 2012 // It’s possible that driving with a cell phone may be an advantage. A California legislator’s bill to enable auto insurance policyholders to issue proof of coverage verification via a mobile electronic device,...
Maritime Program Group Introduces Motor Truck Cargo Coverage
Feb 23 2012 // Maritime Program Group (MPG) has launched an exclusive motor truck cargo program along with North American Specialty Insurance Co., a member of Swiss Re. The program will focus on risks with 1 to 15 units though it has the...
South Carolina’s Small Glass Shops Seek to Crack Giant Safelite’s Clout
Feb 23 2012 // How automotive glass repair companies are allowed to access glass claims has become a contentious issue in South Carolina where independent shops are trying to break a national company’s hold on the market. South...
