Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Conn. Bill Banning Credit Scores for Auto Insurance Dies in Committee
Mar 19 2008 // A Connecticut bill that would have banned insurers in from rating Nutmeg State drivers using credit scores has died in committee. The bill has passed a procedure deadline set by the General Assembly’s Insurance and...
Allstate Lowering Auto Rates in California
Mar 19 2008 // California Insurance Commissioner Steve Poizner announced a 15.9 percent decrease in auto insurance rates for customers of Allstate Insurance Co. and Allstate Indemnity Co. This $244 million reduction culminates months of...
Man Critically Injured in Fiery Connecticut Crash in 2005 Dies
Mar 18 2008 // A commuter bus driver who was critically injured in the 2005 crash involving a runaway dump truck at the base of Connecticut’s Avon Mountain has died at his Torrington home, family members and colleagues said. Frank...
High Metal Prices Spur Car-Towing Schemes in Pennsylvania
Mar 18 2008 // Harrisburg, Pennsylvania police say a woman recently noticed that her car had been tagged as abandoned and rushed down to the state transportation building to clear up the problem. When she got back, the tag was gone...
State Auto Rolling Out Personal Insurance Products in Texas
Mar 14 2008 // The State Auto Insurance Companies said it will begin offering personal insurance products in Texas on March 15, less than a year after the Columbus, Ohio-based insurer acquired Beacon Insurance Group of Wichita...
Massachusetts Auto Insurance System Not Built for Long Drive, Says Fitch
Mar 14 2008 // The new managed care auto insurance system that is underway in Massachusetts should benefit most consumers as well as the state’s local insurers in the short run, according to a new report by Fitch Ratings. However,...
Group Says California Has Not Dropped Uninsured Motorist Initiative
Mar 14 2008 // Consumer advocacy and public policy reserach group The Greenlining Institute is questioning whether California Commissioner Steve Poizner made a “masked attempt to target the poor.” According to a letter sent...
Alabama House Votes to Stengthen Mandatory Insurance Requirement
Mar 13 2008 // The Alabama House passed a bill Tuesday that will make it harder for Alabama vehicle owners to get around the state law that requires them to have insurance. The bill, passed by the House 96-0, requires vehicle owners to...
Mass. Officials: Drivers Can Opt Out of Current Auto Insurance Policies
Mar 11 2008 // Massachusetts car owners who want to see if they can get a better deal under the state’s new managed competition system may decide to opt out of their existing insurance plans early. State regulators say car owners...
Expect Consolidation in Nonstandard Auto Insurance Market, Conning Says
Mar 11 2008 // The nonstandard auto insurance market is being redefined by the influence of technology and other external forces, according to a new study by Conning Research and Consulting. “As predictive modeling has become more...
Alabama Moves Closer to Hiking Auto Insurance Requirements
Mar 10 2008 // The Alabama House has approved legislation that would bring Alabama in line with about half the South by raising the minimum amount of auto liability insurance that motorists must buy. The House voted 82-0 for legislation...
Auto Claim Frequency Drops But Claim Severity on the Rise
Mar 10 2008 // Falling auto injury claim frequency and rising claim severity have created an unsettled auto injury claim environment countrywide, according to a recent industry report. The report, “Trends in Auto Injury Claims,...
Report: Auto Claim Frequency Drop Offsets Rise in Medical, Repair Costs
Mar 10 2008 // Falling auto injury claim frequency and rising claim severity have created an unsettled auto injury claim environment countrywide, according to a new industry report. The report, Trends in Auto Injury Claims, 2008 Edition,...
Colorado Auto Rates Down, Study Shows
Mar 10 2008 // Car insurance rates for Colorado drivers on average have dropped 35 percent since the state changed its auto insurance system nearly five years ago, according to an independent study released by Gov. Bill Ritter’s...
Insurers Call Calif. Auto Repair Bill ‘Anti-Consumer’; Claim Bill Would Deny Information to Consumer
Mar 10 2008 // The Association of California Insurance Companies, the American Insurance Association and the Personal Insurance Federation of California have announced their opposition to California Senate Bill 1167, a bill that the...
First Auto Policy Sold 110 Years Ago
Mar 10 2008 // February 27, 2008, marked a significant anniversary in the history of insurance: 110 years since the first auto insurance policy. That policy was sold in 1898 by Travelers Insurance Co. to Dr. Truman Martin of Buffalo,...
Special Policies For Special Cars
Mar 10 2008 // How to find new and existing leads in the collector auto market Everyone knows a car guy. Maybe he’s the neighbor who spends entire weekends in his driveway — armed with a toothbrush, cotton swabs and chamois...
Insurers Weigh-in on Georgia Auto Reform Measure
Mar 7 2008 // Taking a major step toward a more competitive auto market, the Georgia General Assembly passed a measure Thursday allowing file and use for private passenger auto rates above the mandated minimum liability limits,...
Study: Repealing Colorado’s No-Fault Auto Insurance Reduced Claim Costs
Mar 7 2008 // The repeal of Colorado’s no-faul automobile insurance law in 2004 has helped to reduce claims costs in the state, according to a recently released study by the Insurance Research Council. In 2004, the first year...
North Carolina Insurance Regulator: Auto Insurance Increase not Justified
Mar 7 2008 // Officials at the North Carolina Department of Insurance released a notice of hearing in the 2008 auto insurance rate case, in which the insurance industry requested a 13 percent average statewide increase in auto rates....
