Auto - Latest Insurance News

N.Y. City Comptroller Hits Auto Insurers’ Profits; Insurers Hit Back

Nov 30 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson,...

Skylands Gives N.J. Mass Transit Riders a Car Insurance Break

Nov 29 2006 // New Jersey Skylands Insurance Companies has unveiled a promotion that highlights what it says is a first-of-a-kind discount for New Jersey drivers who regularly commute to work via mass transit — a rate discount of...

Thieves can steal more than holiday spirit

Nov 29 2006 // Unitrin Specialty investigator reminds shoppers to use common sense The gifts you’ve spent hours shopping for could be gone in under 15 seconds if you’re in too much of a rush this holiday season. You can make...

Motor Vehicle Theft Declines in California

Nov 29 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...

Countrywide Launches Auto Insurance Product in Colo., Ill., Ind., Nev.

Nov 28 2006 // Countrywide Financial Corp. announced that Countrywide Insurance Group’s auto insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in Arizona in...

State Farm Contributes $1.5M to Texas Vehicle Registration Initiative

Nov 27 2006 // State Farm and the State Farm Agents of Texas are contributing $1.5 million through in-kind services to support “Put Texas in your corner,” the Texas Department of Transportation’s initiative to remind...

AAA Chicago Projects Busy Thanksgiving Travel Weekend

Nov 22 2006 // Higher prices for hotel rooms, rental cars and airfares will not keep families home this Thanksgiving. AAA Chicago estimates 38.3 million Americans will travel 50 miles or more from home this holiday, a 2.7 percent...

Md. Court Upholds Fellow Employee Exclusion in Commercial Auto Policy

Nov 22 2006 // The Maryland Court of Appeals has held that a fellow-employee exclusion in a commercial automobile liability policy is valid and enforceable above the minimum statutory liability limits. The court found that a business...

13 Vehicles Pass Insurance Institute Crash-Tests to Make List of Safest Vehicles

Nov 22 2006 // The Insurance Institute for Highway Safety announced 13 vehicles that earned its Top Safety Pick awards for 2007. Winners include four cars, seven SUVs, and two minivans. Three of the 13 winning vehicles for 2007 are from...

Colorado Expands Guide To Compare Auto Rates

Nov 22 2006 // Colorado Insurance Commissioner David Rivera announced that the Division of Insurance’s interactive online service to compare auto insurance premiums has expanded from a five city/zip code area within Colorado to 21...

Idaho Resident Sentenced for Insurance Fraud

Nov 22 2006 // A Pocatello, Idaho, man received a one to seven year prison sentence for insurance fraud, Attorney General Lawrence Wasden said. Joshua K. Smith, 26, pleaded guilty to one count of insurance fraud and was sentenced in...

Arrowhead Offers Personal Auto, Renters Program in Mich.

Nov 21 2006 // Arrowhead General Insurance Agency’s, Inc. Non-Standard Auto and Basic Renters program’s, both with “A” rated admitted carriers, is now available to Michigan producers, according to a company...

Delaware Approves Home, Auto Insurance Rate Reductions

Nov 20 2006 // Delaware Insurance Commissioner Matt Denn has approved insurance rate cuts for State Farm homeowner policies as well as for private passenger auto policies from three AIG companies, from Harleysville Insurance and from...