Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Study: Rating Errors Cause $15B Decrease in Revenue for Auto Insurers
Nov 2 2011 // Auto insurance companies are missing out on more than $15 billion of revenue because of policyholder misinformation, according to a new study of premium rating errors. Quality Planning, a member of the Verisk Insurance...
Montana Court Rules Insurer Doesn’t Have to Pay in Dragging Death Case
Nov 2 2011 // The Montana Supreme Court has ruled that the family of a man who was run over and dragged by a cement truck is not covered under the vehicle’s insurance policy because he did not technically “occupy” the...
Agents Can Advise Clients on Halloween Coverage, Accident Prevention
Oct 31 2011 // The Halloween night is filled with frightful risks. Fortunately. insurance agents can play a helpful role by advising their clients about coverage and accident prevention. • The Insurance Information Institute says...
Virginia Farm Bureau Says It’s Peak Deer vs. Car Season
Oct 31 2011 // The Virginia Farm Bureau is warning motorists to be mindful of deer wandering onto roads and highways, a common hazard during this time of year. The Farm Bureau should know. It says Virginia is among the top 10 states in...
Motorcycle Helmet Law Passes Michigan House Committee
Oct 28 2011 // Proposals that would allow some motorcyclists to ride without helmets in Michigan continue to advance in the state Legislature. The House Transportation Committee approved bills that would allow riders 21 or older to go...
Insurer Trade Group Urges Florida to Curb Auto Insurance ‘Fraud Tax’
Oct 28 2011 // Florida should allow more time for looking into suspicious claims, place a cap on attorneys’ fees and more closely regulate medical clinics to help reduce rampant fraud in the state’s personal injury protection...
Thai Floods Batter Global Electronics, Auto Supply Chains
Oct 28 2011 // Manufacturers of car parts and computer hard drives are the worst hit in Thailand, and face a bleak key holiday selling season due to massive floods, which have shut down production. Japanese car makers that had just...
Auto Claims Considered Total Loss Deliver Less Customer Satisfaction: J.D. Power
Oct 27 2011 // Auto insurance claimants who incur a total vehicle loss are notably less satisfied with the claims experience than claimants who incur a repairable vehicle claim, a new study reports. Satisfaction averages 811 on a...
West Virginia Insurers Pay More for Deer-Related Auto Accidents
Oct 27 2011 // West Virginia auto insurers are paying more for deer-related accident claims despite the fact that fewer drivers are involved in deer-related crashes. The West Virginia Department of Insurance has released its 2010 study...
State Farm Lowering Alabama Auto Rates
Oct 26 2011 // Drivers in Alabama insured through State Farm will be paying slightly less for coverage beginning next month. State Farm Mutual Automobile Insurance Co. announced it would reduce its Alabama auto insurance rates by a...
Mexican Truck Finally Enters U.S. Under NAFTA
Oct 24 2011 // The first Mexican long-haul truck bound for the U.S. interior crossed at the international bridge at Laredo, Texas, Friday, carrying electronic equipment destined for suburban Dallas and fulfilling a controversial...
Alfa Insurance Ties Homeowners Coverage to Auto in Alabama
Oct 21 2011 // Alabama residents who have their homeowners insurance through the state’s second largest property insurer must now include their auto coverage as part of their insurance package. Alfa Insurance Co. announced it will...
Michigan Democrats Oppose Auto Insurance Changes
Oct 20 2011 // Democrats in the Michigan House said they would oppose proposed changes to Michigan’s auto insurance laws, including a measure seeking to end the state’s unique requirements for covering people injured in...
New System Allows for Faster Transfer of Vehicle Crash Records in Texas
Oct 19 2011 // Crash records are now easier to transfer with the recent launch of a new, secure web-based application that allows law enforcement agencies to send reports to the Texas Department of Transportation (TxDOT) electronically,...
Travelers Launches IntelliDrive Mileage-Based Auto Insurance
Oct 18 2011 // Travelers has launched a program to help low-mileage drivers reduce annual vehicle expenses with its mileage-based auto insurance product, IntelliDrive. Travelers IntelliDrive customers may receive an immediate discount of...
State Auto Financial Estimates Around $60M in Cat Losses in Q3
Oct 18 2011 // State Auto Financial Corp. estimates its third quarter 2011 results will include between $60 million and $63 million in pre-tax catastrophe losses, which includes approximately $25 million of prior period development from...
Myself, the Car: Aggressive Driving Linked to Personality
Oct 18 2011 // Those who view their car as an extension of themselves have stronger aggressive driving tendencies, a new study finds. The study “Aggressive Driving: A Consumption Experience,” by a Temple University Fox School...
Europe’s Fleet Vehicle Market Valued at $23 Billion
Oct 18 2011 // New research by Finaccord, a specialist market research consulting firm, estimates that the market for motor insurance for fleet vehicles across ten European countries is worth €15.8 billion [$21.77 billion] in premiums...
Michigan House Panel OKs Auto Insurance Changes
Oct 17 2011 // A Republican-led state House committee has approved a proposal that would change Michigan’s auto insurance coverage requirements for people injured in accidents. The House Insurance Committee approved the measure...
Auto Insurers’ Loss Ratios Rise in Q2 2011
Oct 17 2011 // Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers. The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the...
