Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Maryland targets urban auto rates
Jun 19 2006 // Maryland, seeking to address the higher costs of insurance for urban drivers, recently passed legislation to require insurers to regularly review their rating territories and streamline the process for protesting...
Case Law Watch
Jun 19 2006 // Commercial Liability-Auto Bauer v Century Surety Company (Wis. App. May 2, 2006) Ruling: Unloading constitutes “Operation” under Wisconsin coverage statute. The court held that the commercial liability insurer...
News Currents
Jun 19 2006 // CAT response vehicle ready just in time for Tropical Storm Alberto Florida insurance agents rolled out a new, state-of-the-art catastrophe response vehicle just in time for the arrival of Tropical Storm Alberto. At press...
News Currents
Jun 19 2006 // State Farm adjusts rates in Texas State Farm Insurance recently submitted several filings to the Texas Department of Insurance, aiming for a balance with rate adjustments that include a reduction auto rates but an increase...
News Currents
Jun 19 2006 // California considering new mileage verification rules Insurance brokers and agents could be required to verify odometer readings for new and renewal automobile insurance policies under amendments the California Department...
Top 10 metro areas with highest auto theft rates
Jun 19 2006 // 1. Modesto, Calif. 2. Las Vegas/Paradise, Nev. 3. Stockton, Calif. 4.Phoenix/Mesa/Scottsdale, Ariz. 5. Visalia/Porterville, Calif. 6. Seattle/Tacoma/Bellevue, Wash. 7.Sacramento/Arden-Arcade/ Roseville, Calif. 8. San...
Modesto, Calif. ranked car theft capital of the nation
Jun 19 2006 // The rural Stanislaus County community that’s grabbed unwanted headlines as home of convicted killer Scott Peterson and former U.S. Rep. Gary Condit now has another unflattering distinction: The nation’s car...
IBC Study Finds Canada’s Legal Environment is ‘Increasingly Uncertain’
Jun 16 2006 // The Insurance Bureau of Canada notes the conclusions of a new study that found the country’s home, car and business insurers believe that “the legal environment in Canada is becoming increasingly uncertain, and...
Car Crash Death Rate for Seniors, Already High, Expected to Rise
Jun 15 2006 // A study co-authored by a University of Virginia professor suggests that seniors citizens will die in car accidents at a higher rate in the years ahead as America’s 75 million baby boomers age, grow more frail and...
XL Specialty Targets Armored Car Industry with Multi-Line Program
Jun 15 2006 // XL Specialty Insurance Company has introduced a multi-line insurance program especially designed for the armored car industry and other business transporting high-value cargo. The program was introduced this week at the...
New Mexico Appeals Court Rejects Market-Value Loss Claim
Jun 15 2006 // A man who wrecked his new truck is not entitled to payment from his insurance company for the resulting loss of market value, the New Mexico Court of Appeals ruled. In the first ruling in New Mexico on the issue, the court...
Universal Casualty Appoints Milton O. Johnston to Write Commercial Auto
Jun 14 2006 // Universal Casualty Company (A.M. Best: A -), a member of Kingsway Financial Services Inc., announced the appointment of Milton O. Johnston and Company Ltd. of Houston, Texas, as an underwriting general agent to write...
S&P Affirms Kingsway’s ‘BBB- Ratings
Jun 13 2006 // Standard & Poor’s Ratings Services has affirmed its “BBB-” long-term counterparty credit and senior unsecured debt ratings on Toronto-based Kingsway Financial Services Inc. with a stable...
Insurers Defend Job, Education as Auto Insurance Pricing Criteria in N.J.
Jun 13 2006 // Insurance industry representatives urged New Jersey lawmakers not to restrict insurers’ use of certain rating variables including occupation and education in the pricing of auto insurance policies, insisting that the...
Trade Group Urges Gov. Granholm to Veto Bill Repealing Mich. Helmet Law
Jun 13 2006 // The American Insurance Association (AIA) has called upon Michigan Gov. Jennifer Granholm (D) to veto Senate Bill 297, which would repeal the state’s mandatory motorcycle helmet law. “The facts do not lie,...
Study: Stability Control Technology Could Reduce Fatal Crashes
Jun 13 2006 // Ten thousand fatal automobile crashes a year, nearly one-third of all such accidents, could be prevented if more vehicles were equipped with technology that helps to keep them from rolling over, the insurance industry said...
Old Car Insurance Law Catches Some Oklahomans Unaware
Jun 12 2006 // A law implemented in the early 1990s designed to catch uninsured motorists instead has caused mostly innocent Oklahomans to have their drivers’ licenses suspended – and in many cases, they don’t even know...
Washington Rental Cars May Not Need Collision Waiver
Jun 12 2006 // One out of five Washington drivers might be wasting money by purchasing the additional collision damage waiver (CDW) offered by rental car companies, according to PEMCO’s latest Northwest Insurance...
Buell Motorcycle Selects Wis.-based Sentry Insurance as Preferred Provider
Jun 8 2006 // Buell Motorcycle Company has selected Wis.-based Sentry Insurance as the preferred insurance provider for Buell owners in the United States, company officials said in a written statement. Buell Motorcycle Company, a...
Three Californians Arrested for Allegedly Staging Auto Theft
Jun 8 2006 // California residents Cameron Harris, 44, of Norco, and Michael Weaver, 45, and Kelly Weaver, 43, of Corona, Calif., have been arrested for suspected insurance fraud. All three suspects were booked into the Riverside County...