Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
State Auto Reports Revenue Increases for 2009
Feb 22 2010 // Columbus, Ohio-based State Auto Financial Corporation’s fourth quarter 2009 net income rose to $14.4 million compared with a net loss of $0.6 million for the fourth quarter 2008, the company reported. For the year...
Tennessee Eyes Car Insurance Break for Seniors Taking Online Course
Feb 19 2010 // Senior drivers in Tennessee could get a discount on their insurance for taking an online driving course, under a bill unanimously approved by the state Senate on Wednesday. The measure sponsored by Republican Sen. Mike...
Statewide Auto Theft Continues to Decline in Michigan
Feb 19 2010 // An organization dedicated to reducing auto theft in Michigan reports that while there has been a decline in auto theft in the state, incidents of insurance fraud and component theft have increased. Michigan’s...
Nevada Governor Mulling Vehicle Insurance Cameras
Feb 17 2010 // A top aide says Nevada Gov. Jim Gibbons is taking another look at having a company set up a network of roadway cameras to catch vehicle insurance scofflaws. Gibbons aide Lynn Hettrick says it might be a money-maker to hire...
Massachusetts Settles with Five Auto Insurers over Unreported Appeals
Feb 17 2010 // Five more auto insurers in Massachusetts have reached settlements with the state’s attorney general over their failure to update at-fault accident information for drivers whom they insure. The companies involved in...
Mass. Supreme Court Rules Against Agents in Auto Insurance Lawsuit
Feb 16 2010 // The Massachusetts Supreme Court has sided with the state’s insurance commissioner in a heated lawsuit brought by the state’s insurance agents and Arbella Mutual Insurance Co. over how new companies are assigned...
Italian Auto Insurers’ Shares Could Gain from Price Increases
Feb 12 2010 // Shares in Italy’s top motor insurers could become more attractive this year because of the likely success of tariff [premium] increases in a market where rivalry from online and bank sales is still weak. Fund...
Toyota Now Facing Lawsuits over Shrinking Resale Values of Cars
Feb 11 2010 // Added to a wave of personal injury lawsuits stemming from Toyota’s massive recall, the automaker faces a growing number of consumer class-action cases — more than 40 so far — over the shrinking resale...
Congressmen Seek Auto Insurers’ Records on Toyota Accidents, Warnings
Feb 11 2010 // Two Congressional leaders are requesting information from five large auto insurers on accidents involving recalled Toyotas. The lawmakers have sent letters to Allstate, Farmers, GEICO, Progressive and State Farm. The...
Special Reuters Report: Inside Toyota’s Epic Breakdown
Feb 10 2010 // Toyota Motor Corp., the world’s most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on...
Auto Injuries, Fatalities Down in Texas
Feb 10 2010 // The Insurance Council of Texas reports that the number of people injured and killed in automobile accidents in Texas has continued to decline since 2003. Both fatalities and injuries are down more than 20 percent since the...
U.S. Shareholders Sue Toyota
Feb 9 2010 // Toyota faced its first U.S. class-action lawsuits stemming from complaints of faulty brakes in its top-selling Prius hybrid car and from investors claiming they were misled about problems with unintended acceleration in a...
Adults in Kansas Could Be Ticketed for Helmet-Less Teen Motorcyclists
Feb 9 2010 // It’s illegal in Kansas for someone under 18 to drive or ride a motorcycle without wearing a helmet, and teenagers can be ticketed if they’re caught doing so. Now, a new Senate bill proposes adults face...
Accidents Involving Recalled Toyotas Still Have Coverage, Insurers Say
Feb 9 2010 // Toyota owners should place safety first and follow the car manufacturers’ instructions regarding the recalled vehicles, insurers say. After the recall of some 8 million Toyota vehicles, insurers are urging vehicle...
State Farm Says It Warned U.S. Officials About Toyota Accident Trend in 2007
Feb 8 2010 // Private insurer State Farm informed a U.S. government regulator of a worrying trend of vehicle-caused accidents involving Toyota Motor Corp. as far back as late 2007, an official at the company said. “When you start...
Nebraska Motorcycle Helmet Repeal Crashes, But It May Recover
Feb 5 2010 // A proposal to allow motorcyclists to go helmet-free in Nebraska crashed amid insurance worries on Feb. 3, but may recover while state lawmakers are still in session. After a proposal that all motorcyclists need to carry...
Allianz, Daimler Sign International Auto Coverage Partnership Agreement
Feb 3 2010 // Germany’s largest insurer has signed a partnership agreement with car-maker Daimler to provide global automotive insurance. The agreement also provides that Allianz will become Daimler’s exclusive partner for...
Calif. Low Cost Auto Insurance Program Participation Up 19%
Feb 1 2010 // California Insurance Commissioner Steve Poizner announced that the California Low Cost Automobile Insurance Program (CLCA) saw an 18.9 percent increase in use in 2009, compared with the year before. An aggressive outreach...
Californians To Vote On Auto Insurance Persistency Discount
Jan 28 2010 // Californians for Fair Auto Insurance Rates has gained enough support to place a voter initiative on the June 8, 2010 ballot, aimed at rewarding drivers who have had insurance for some time to be eligible for a...
NSM Acquires Condon & Skelly Collectible Vehicle Insurance
Jan 27 2010 // NSM Insurance Group acquired Condon & Skelly Collectible Vehicle Insurance, effective Dec. 31, 2009. Founded in 1965, Condon & Skelly Collectible Vehicle Insurance began as a small niche insurance provider, and...
