Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Auto insurance costs hold steady; industry cites safety, less accidents as the cause
May 22 2006 // The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars and...
Blackmail allegations heat up California auto reforms debate
May 22 2006 // John Garamendi has called for an investigation into an apparent campaign attacking him and his proposed auto insurance rate regulations in California. Supposedly waged by insurance industry officials and advocates,...
West leads nation in car theft; Auto theft declines for second straight year
May 22 2006 // News Currents Des Plaines, Ill.-based National Insurance Crime Bureau (NICB) reported that for calendar year 2005, the West, and particularly California, leads the nation in auto theft. All of the nation’s top 10...
Top 10 vehicle theft areas
May 22 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...
Auto theft declines for second straight year
May 22 2006 // Des Plaines, Ill.-based National Insurance Crime Bureau (NICB) reported that preliminary FBI data shows a 2.1 percent decrease in motor vehicle thefts during January to June 2005 when compared with the same period in 2004....
NAMIC believes such fees are a form of double taxation applied only to those responsible drivers carrying auto insurance
May 22 2006 // Ominous Trend: Growth of municipal accident response fees Across the country and in most Midwestern states, insurance companies are facing the growing phenomenon of cash-strapped municipalities billing insurers for police...
West leads nation in car theft; Auto theft declines for second straight year
May 22 2006 // News Currents Des Plaines, Ill.-based National Insurance Crime Bureau (NICB) reported that for calendar year 2005, the West, and particularly California, leads the nation in auto theft. All of the nation’s top 10...
Investor insights
May 22 2006 // Today, it’s not a fun time to be an insurance investor or analyst,” said Ray Joseph, vice president of Los Angeles-based Capital Research Co. Joseph should know; he is an investment analyst with research...
Auto insurance costs hold steady; industry cites safety, less accidents as the cause
May 22 2006 // News Currents The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars...
Top 10 vehicle theft areas
May 22 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...
News Currents
May 22 2006 // Insurers pleased as Colorado General Assembly keeps auto system intact The Colorado General Assembly adjourned its concluding session, which the Property Casualty Insurers Association of America (PCI) said was marked by...
Blackmail allegations heat up California auto reforms debate
May 22 2006 // In public issue campaigns, it is normal to alert someone who runs a department that is going to be a target of campaign. That is how business is done,and it happens on a regular basis. John Garamendi has called for an...
Progressive’s Drive Insurance Unveils New Branding Tools for Agents
May 19 2006 // Ohio-based Drive® Insurance from Progressive recently unveiled several new co-branding tools – including print ad, news release, customer thank you/referral e-mail and commercial auto direct mail post card...
Auto Insurance Direct Writer 21st Century Heads East to Fla, Ga. and Pa.
May 18 2006 // 21st Century Insurance Group, which sells auto insurance directly to consumers, is now selling in Florida, Georgia and Pennsylvania, the latest wave of the California-based company’s national expansion in the...
Gov. Bush Urged to Veto Auto No-Fault Insurance Law
May 18 2006 // The National Association of Mutual Insurance Companies has urged Florida Gov. Jeb Bush to veto a bill that would extend the sunset provision of Florida’s current no-fault auto insurance law to Jan. 1, 2009. NAMIC...
Father and Son Arrested in California for Workers Comp Fraud
May 16 2006 // Glendale, Calif., car wash owners Shagen Galstanyan, 51, and his son, Vahe Tergalstanyan, 23, have been arrested for workers’ compensation insurance fraud. Both suspects were booked into the Riverside County Jail...
Metro N.Y. Auto Claims Costlier Than Upstate, Industry Study Says
May 12 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims in the state of New York finds that claimants from the New York City metropolitan area exhibit very different claiming behaviors than...
Maryland Adopts Some, Not All, Ideas to Aid Urban Auto Insureds
May 12 2006 // Maryland is moving to address the higher costs of insurance for urban drivers, with passage of recent legislation requiring insurers to regularly review their rating territories and streamlining the process for protesting...
Five Calif. Residents Arrested for Suspected Auto Insurance Fraud
May 12 2006 // California Insurance Commissioner John Garamendi announced the arrests of three suspects who were allegedly said to have participated in the staging of auto collisions on the 605 Freeway. Three of the suspects —...
South Carolina Car Theft Rate Continues to Rise
May 12 2006 // The number of vehicles stolen in South Carolina has risen for the seventh year in a row. According to the National Insurance Crime Bureau’s (NICB) annual report on auto theft rates, Hot Spots, there were nearly...
