Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Fiesta Auto Insurance Named a Top Franchise for Minorities
Nov 16 2010 // The National Minority Franchising Initiative (NMFI) has selected Fiesta Auto Insurance as one of its “Top 50 Franchises for Minorities” based on several factors, including company historical performance, brand...
Iowa Joins States Barring Activities of Former U.S. Fidelis Owners
Nov 15 2010 // Attorney General Tom Miller and ten other state attorneys general, have obtained judgments against the owners of a former Missouri company, barring them from ever again selling auto service contracts or engaging in...
Zurich Report Urges Truck Fleets to Reduce Crashes with ‘Telematics’
Nov 15 2010 // A report from Zurich Financial Services Group concludes that trucking companies “could use new technological developments to reduce the costs of crashes in their motor fleets by up to 30 percent.” The report...
Some Vestiges of Patent Infringement Coverage Remain
Nov 14 2010 // Despite multiple changes in general liability forms, redefined offenses, and the addition of exclusions, there are still instances in which coverage for patent infringement may exist. Under the standard commercial general...
Declarations
Nov 14 2010 // Too Long to Wait “Four years is too long a period to wait when you know what is going on is just not right and not correct. … Anywhere else in business they’d kick a guy out on the street if he’s not...
Missouri AG, Insurance Chief Target Auto Warranty Firms
Nov 12 2010 // Missouri Attorney General Chris Koster said he is amending his lawsuits against three companies that sold bogus auto warranty products by including the allegation that the companies have been selling insurance without a...
Workers’ Compensation Fees Would Cost New York Drivers, Insurers Warn
Nov 10 2010 // Proposed 30 percent increases in what medical providers in New York are paid for treating workers’ compensation injuries could have unintended consequences for the state’s motorists, an industry group has...
Tennessee Teens Delay Getting Behind the Wheel
Nov 9 2010 // Mackenzie Leake put off learning to drive for almost a year longer than most of her friends. It was out of a sense of self-preservation. “Every day I went out, I saw some sort of accident or scattered car parts in...
Why Now Is a Good Time for Agency Network Growth
Nov 5 2010 // They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but in the past few...
State Auto Reports Drop in Income, Higher Combined Ratio in Q3
Nov 2 2010 // State Auto Financial Corp., headquartered in Columbus, Ohio, reported third quarter 2010 net income of $0.2 million, or $0.00 per diluted share, versus net income of $13.0 million, or $0.33 per diluted share, for the third...
A New Way to Reach Consumers
Nov 1 2010 // Fiesta Auto Insurance Combines Insurance and Tax Preparation Services Under One Roof Modeling an insurance agency business after a sandwich shop might sound like an unusual goal, but that’s what John Rost, founder,...
It Figures
Nov 1 2010 // $19 Million A federal jury in Jonesboro, Ark., awarded $19 million to a Walnut Ridge man who sued Ford Motor Co., claiming that he was paralyzed in a car wreck because his seat belt was defective in his 1998 Windstar van....
Some Vestiges of Patent Infringement Coverage Remain
Nov 1 2010 // Despite multiple changes in general liability forms, redefined offenses, and the addition of exclusions, there are still instances in which coverage for patent infringement may exist. Under the standard commercial general...
Some Nevada Insurers Failed to File Motor Vehicle Reports
Oct 29 2010 // The Nevada state Department of Motor Vehicles is notifying some motorists to check their registration status, after some insurers failed to submit required records in February. DMV spokesman Tom Jacobs downplayed the...
Nationwide Tops List of Least-Complained About Insurers in New York
Oct 26 2010 // Insurer Nationwide is the least-complained about personal auto insurer in New York’s $10 billion auto insurance market, according to newly released ranking of 167 companies by the state’s Insurance...
U.S. Standards for Rear Seats Put Kids at Risk, Advocates Say
Oct 22 2010 // U.S. car-safety policies for child passengers have become some of the weakest in the developed world, according to safety advocates. Martha Bidez, a professor of safety engineering at the University of Alabama at...
Allstate Looking for 40 New Agency Owners in Michigan
Oct 20 2010 // Allstate Insurance Co. said it has launched a recruitment campaign to sign on 40 new agency owners in Michigan by the end of 2011. In addition, the insurer said new and existing Michigan Allstate agencies are projected to...
Georgia Insurance Commissioner Race: Views on Credit Scoring, Tort Reform
Oct 19 2010 // Georgia voters going to the polls on Nov. 2 will have a choice when it comes to electing the state’s next insurance commissioner. The Democratic, Republican and Libertarian candidates cite different priorities; hold...
Missouri DOI Returns $6.5M to Consumers in 2010
Oct 18 2010 // Consumers who filed complaints with the Missouri Department of Insurance have received $6.5 million from their insurance companies in 2010. The money was returned as a result of the department’s mediation efforts on...
Safety Begins Refunds for Massachusetts Motorcyclists
Oct 18 2010 // Safety Insurance has begun refunding a total $7.2 million to roughly 21,000 of its Massachusetts policyholders who were overcharged for motorcycle insurance, according to the state’s attorney general. The refunds are...
