Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Accident Victims To Appeal GM Bankruptcy Plan Over Pending Lawsuits
Jul 8 2009 // Groups representing plaintiffs in car accidents are opposing General Motors’ attempt to quickly exit bankruptcy protection, arguing that hundreds of victims could be hurt by the government-led plan. U.S. Judge Robert...
Mass. Managed Auto System Brings Competition, Lower Rates, Survey Says
Jul 6 2009 // Nine new auto insurers, more carriers for each independent agency to represent, a drop in the number of uninsured drivers, and a decrease in policies written in the residual market — these are some of the advantages...
Louisiana Supreme Court: Payment by Insurer Establishes Liability
Jul 6 2009 // The Louisiana Supreme Court recently reversed the decision of trial and appeals courts, which had ruled in favor of an insurer in a case involving an uninsured/underinsured motorist. In Marco Demma, III v. Automobile Club...
Governor Vetoes Missouri Motorcycle Helmet Repeal
Jul 6 2009 // Missouri Gov. Jay Nixon has vetoed legislation that would have relaxed a law that requires motorcyclists in Missouri to wear helmets at all times, citing concerns about highway safety and health care costs. The veto came...
Click and Save: Online Class Cuts Insurance Rates
Jul 6 2009 // New Yorkers Can Now Tap Internet for Personal Auto Discounts New Yorkers who shell out about $50 to take a leisurely trip down a cartoon road with just a few clicks of the mouse can end up shaving hundreds of dollars off...
Connecticut Trucking Company Owner Sentenced to 6 Years in Prison
Jul 6 2009 // The former owner of a Connecticut trucking company has been sentenced to six years in jail on manslaughter and insurance fraud charges for his role in a fiery truck crash at a major suburban intersection that left four...
State Auto: How a Regional Carrier Weathers the Storms
Jul 6 2009 // CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving...
People
Jul 6 2009 // Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company has named new managers in various divisions. Robert (Bob) A. Bachtell is claims manager for State...
Car Dealers in the Storm
Jul 6 2009 // Dealers Left Standing Will Be Stronger, Leaner, and Better Experts Say Automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that...
The Road to Savings
Jul 6 2009 // Five Best Practices Provide a Road Map for Controlling Total Commercial Auto Costs Your commercial auto clients are likely a diverse group — from large fleets of delivery trucks to accounts with smaller numbers of local...
Beware of Symbol 7 Only Auto
Jul 6 2009 // Agents Need to Cover Their Exposures by Offering Hired Non-Owned Auto Coverage Risk managers, insurance agents and brokers have always known that a Symbol 7 on auto liability policies is not very desirable. This symbol...
Auto Repair Legislation Stalls in Rhode Island
Jul 2 2009 // The Rhode Island Senate has declined to take up auto body legislation opposed by the insurance industry. The bill would have required consumers to have an independent appraisal for car repair work that exceeded $2,000. The...
AIG Finalizes Sale of U.S. Personal Auto Insurance Units to Farmers
Jul 1 2009 // American International Group, Inc. (AIG) has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to Farmers Group, Inc. (FGI), a subsidiary...
Merchants Flexible Choice Auto Product Introduced in Ohio
Jul 1 2009 // Buffalo, N.Y.-based Merchants Insurance Group launched its newest insurance product in Ohio, Merchants Flexible Choice Auto, effective July 1, 2009, for new business and Sept. 1 renewals, the company announced. Merchants...
State Auto to Offer Flood Insurance
Jun 30 2009 // Beginning June 30, Columbus, Ohio-based State Auto Insurance Companies will add flood insurance to the list of State Auto coverages available for home, business and farm offered through more than 3,400 independent...
Car Insurance Mandate in Wisconsin Budget; No Driver’s Card for Illegals
Jun 29 2009 // Wisconsin drivers would have to buy liability insurance for their vehicles but illegal immigrants would not be issued special cards so they could drive legally on the state’s roads under the state budget poised to...
Collector Car Specialist Hagerty Expands into Canada
Jun 25 2009 // Beginning in June 2009, Michigan-based Hagerty Insurance, a major provider of provider of collector vehicle insurance, expanded its operations into Canada. “The move will allow Canadian enthusiasts similar insurance...
Connecticut Trucking Company Owner Sentenced to 6 Years in Prison
Jun 25 2009 // The former owner of a Connecticut trucking company has been sentenced to six years in jail on manslaughter and insurance fraud charges for his role in a fiery truck crash at a major suburban intersection that left four...
Former State Auto Chairman Dies at 81
Jun 25 2009 // Theodore R. (Ted) Magley, a nearly 45-year employee of Ohio-based State Auto Insurance Companies and former chairman of the board, died at home on June 22, after a brief battle with cancer. He was 81. In 1949, shortly...
California Commissioner Seeks Comments on PAYD Auto Insurance
Jun 25 2009 // California Insurance Commissioner Steve Poizner has issued proposed regulations for Pay-Drive (Usage Based Auto Insurance), and is accepting public comments on the proposal until 5 p.m., Thursday, July 9, 2009. According...
