Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Midwest Legislative Sessions Focus on Auto, Credit, Tort Reform
Feb 8 2008 // The Washington, D.C.-based the American Insurance Association (AIA) says state legislative sessions opening across the Midwest will see a focuc on proposals dealing with workers’ compensation, liability reform, auto...
AIA Criticizes Proposed Washington Auto Glass Repair Bill
Feb 8 2008 // Legislation approved Monday by the Washington House of Representatives is unnecessary and limits consumer choice, says the American Insurance Association (AIA). “Policymakers just enacted a law in 2007, SB 5052, that...
Insurance Bills Die in Calif. Legislature
Feb 8 2008 // The Association of California Insurance Companies, an affiliate of the Property Casualty Insurers Association of America, reports that the following 2007 insurance-related bills missed the Jan. 31 deadline to pass out of...
Gramercy Insurance Company Launches Trucking Liability Program
Feb 7 2008 // Gramercy Insurance Company (GIC), a global property and casualty insurer, announced the expansion of its Commercial Auto division with the addition of truck liability insurance. GIC now provides a single source solution...
New Pooled Members of State Auto Insurance Companies Upgraded
Feb 6 2008 // State Auto Insurance Companies (State Auto) reported that A.M. Best Co. has upgraded the financial strength rating (FSR) to “A+” (Superior) from “A-“(Excellent) and the issuer credit ratings (ICR)...
Encompass Offers Nevada Drivers Accident Forgiveness, More Rating Tiers
Feb 6 2008 // Encompass Insurance is offering Nevada agents a new product, Encompass Edge, that combines accident forgiveness and more discounts with sophisticated rating tiers to help keep rates competitive. “Producers are...
Motorists Mutual Adds Employment Liability to Commercial Auto Policies
Feb 5 2008 // Motorists Mutual Insurance Co. will automatically include $100,000 of employment practices liability insurance (EPLI) in most commercial policies starting in April. This change gives agents an additional selling tool,...
Arbella, Premier Get Green Light for 2008 Mass. Auto Rates
Feb 4 2008 // Massachusetts Insurance Commissioner Nonnie Burnes has upheld the 2008 auto insurance rate filings of Arbella Mutal, which proposed an overall rate decrease of 7.7 percent, and Premier (Travelers), which filed for an...
Spaniard Suing for Own Car Damage from Hitting, Killing Bicyclist
Feb 1 2008 // A motorist who struck and killed a 17-year-old cyclist in northern Spain — and then sued the boy’s parents over the damage to his Audi — has dropped the lawsuit, the family said Wednesday. Businessman Tomas...
General Star Offers Automated Quotes on Excess Auto Liability
Jan 31 2008 // General Star Management Co. has introduced the Excess Auto Quick Quote Program, a new product that will be available to all its existing excess liability clients as of Feb. 4, 2008. The program will provide capacity for...
Allstate 4Q Profit Falls 37% as Calif. Wildfire Losses Top $300M
Jan 31 2008 // Hit by an increase in catastrophe losses, Northbrook, Ill.-based insurer Allstate Corp. saw its profit drop by more than 37 percent in the fourth quarter of 2007 compared to the same period in 2006. The fourth quarter net...
Mass. AG Loses Another as Hanover’s Auto Insurance Filing is Cleared
Jan 30 2008 // Massachusetts Attorney General Martha Coakley has lost another skirmish in the battle over regulation of 2008 auto insurance rates. Insurance Commissioner Nonnie Burnes has upheld the rate filing of Hanover Insurance,...
Nev. Auto Theft-Fraud Panel Formed
Jan 30 2008 // Gov. Jim Gibbons said this week he’s forming a task force that will focus on organized insurance fraud and auto theft in Nevada. The panel will try to determine the statewide scope of such problems and their affect...
10 Tips for Mass. Insurance Agents Moving into Competitive Market
Jan 29 2008 // Massachusetts independent agents are facing a challenge to hang onto their whopping 86 percent market share in personal lines as the state embarks upon a new competitive auto insurance system that will bring some of the...
Mass. Allows Rates and Commissions of 2 Largest Auto Insurers
Jan 28 2008 // The two largest auto insurance writers in Massachusetts have been given the green light to use the rates they filed for 2008 in rulings that characterize the state attorney general’s objections as...
U.S. Proposes Stronger Car Roofs to Withstand Rollovers
Jan 28 2008 // Addressing rollover safety, the government last week proposed that new cars and trucks undergo new tests to measure the strength of their roofs. With more than 10,000 people dying every year in rollovers, transportation...
California AG Approves Uninsured Motorist Ballot Initiative
Jan 27 2008 // Commissioner Poizner says measure needed to protect public safety, insurance costs A proposed measure that would require California state and local law enforcement officers to remove the license plates of any vehicle...
Consumer Group Claims Insurers Overcharge, Underpay Policyholders
Jan 27 2008 // Insurers defend recent years’ profits, deny allegations and call national consumer group’s report ‘fatally flawed’ A national consumer organization has charged that property casualty insurers are...
Bills Filed in Okla. to Reduce Smoking, Protect Minors From Smoke
Jan 24 2008 // Oklahoma legislators seem to have smoking on their minds. Recently filed bills aimed at smoking issues would require the sales of “fire safe” cigarettes, require insurance companies to provide coverage for...
Hawaii Gov. Pushes Insurance Reforms
Jan 24 2008 // In her State of the State address to state legislators this week, Hawaii Gov. Linda Lingle outlined 180 proposals she is urging lawmakers to support, including a number of measures that would affect the insurance industry...
