Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
IRC: Insurance Fraud, Buildup Add Some $400M to Calif. Auto Injury Claims
Jan 5 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims puts a hefty price tag on the cost of claim abuse in California. In 2002, between $319 million and $432 million in bodily injury liability...
Florida’s PIP, No-Fault Sunset Concerns Council Members
Jan 3 2006 // There is no support among Florida Insurance Council members for the outright reenactment of the no-fault/PIP statute, Sam Miller, FIC executive vice president told Insurance Journal. Florida’s PIP/no-fault auto...
SUVs Not Safer Than Passenger Cars for Kids, Study Finds
Jan 3 2006 // New research from The Children’s Hospital of Philadelphia, shows that children riding in SUVs have similar injury risks to children who ride in passenger cars. The study, published today in the journal Pediatrics,...
Minimum Car Insurance Requirements, Cost to Miss. Motorists to Increase
Jan 3 2006 // Thousands of Mississippi motorists will see a higher bill when they renew their automobile insurance in 2006. A new law that took effect Jan. 1 doubles the minimum amount of liability insurance Mississippi drivers must...
Geico Lowering Colo. Auto Rates
Jan 3 2006 // GEICO is reducing auto insurance rates for its policyholders in Colorado. The statewide average rate decrease is 7.1 percent for GEICO and GEICO General policyholders. Overall premium changes for individual motorists will...
Electric Insurance Adds Tiers to N.H. Auto Insurance Pricing
Jan 2 2006 // Effective Jan. 6, 2006, Electric Insurance will expand its automobile product reach in New Hampshire by introducing additional price points. Using a multivariate pricing model, Electric has developed rate levels that the...
New year brings lowered rates for Mass. drivers
Jan 2 2006 // 8.7% rate cut is a lot more than the 0.1 percent cut recommended by insurers Private passenger auto insurance rates will be cut an average 8.7 percent in Massachusetts in 2006 under a ruling by insurance commissioner...
INSURERS TO SUPPORT LEGISLATIVE STUDY ON AUTO THEFT
Jan 2 2006 // The National Association of Mutual Insurance Companies based in Indianapolis, Ind., will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has...
Auto No-Fault
Jan 2 2006 // Medical provider failed to attach ‘Assignment of Benefits Form’ to statement of claim Progressive Express Insurance Company v .McGrath Community Chiropractic (Fla. App., 2nd Dist., Nov. 18, 2005)A medical...
Living Near Restaurants, Medical Buildings, Grocery Stores Has Risks
Jan 2 2006 // If you live within a mile of a church, you’re far less likely to have a car accident than drivers who live more than a mile from a church. But if you live within a mile of a restaurant, you face a significantly...
Eight Arrested Staging Miami Auto Crash
Jan 2 2006 // Eight members of an alleged staged-crash-ring, accused of filing more than $100,000 in fraudulent insurance claims in a staged accident have been arrested in Miami. Brothers and suspected ringleaders Jimmy Desir, 27, and...
Used vehicles need flood damage background checks
Jan 2 2006 // Flood damage checks are an essential buyer’s tool so used car purchasers and insurance companies can determine if a used car for sale by an owner in Atlanta or by a car dealer in Tampa, Fla., were not submerged in...
Auto Liability
Jan 2 2006 // Liberty Mutual Fire Insurance Co. v. Dennison (Hawaii Court of Appeals, Oct. 11, 2005) Ruling: The insurer in this case filed a declaratory judgment action against its insured, alleging that it was not liable for emotional...
Auto Uninsured/Underinsured
Jan 2 2006 // Mecca v. Farmers Insurance Exchange (Montana Court, Oct. 25, 2005) (Unpublished) Ruling: The lower court granted the insurer’s motion for summary judgment denying the insured’s claim for underinsured coverage....
AUTO DEALERS COMPENSATION OF CALIF. RETURNS $9.6 MILLION
Jan 2 2006 // The trustee board of the Auto Dealers Compensation of California Inc. has announced an equity distribution of approximately $9.6 million to its auto dealership members. AD-COMP is a private workers’ compensation...
IJ Exclusive: Colorado Commissioner David Rivera Has Age and Experience
Jan 2 2006 // When David Rivera was appointed Insurance Commissioner by Colorado Governor Bill Owens in April 2005, he was the youngest commissioner in the United States. Despite his age, however, Rivera already had a wealth of...
Calif. insurance commissioner announces new regulations for auto insurance rates
Jan 2 2006 // California Insurance Commissioner John Garamendi has announced he is introducing new regulations that require insurers to base auto rates primarily on a driver’s record and not on ZIP code. According to the...
Drivers living near restaurants pose higher risks than church neighbors
Jan 2 2006 // Why people who live close to restaurant are more likely to pay more for auto insurance. Drivers who live within a mile of a church are far less likely to have a car accident than drivers who live more than a mile from a...
Living Near Restaurants, Medical Buildings, Grocery Stores Has Risks
Jan 1 2006 // If you live within a mile of a church, you’re far less likely to have a car accident than drivers who live more than a mile from a church. But if you live within a mile of a restaurant, you face a significantly...
Insurers to support legislative study on auto theft
Jan 1 2006 // The National Association of Mutual Insurance Companies based in Indianapolis, Ind., will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has...
