Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Courts Rule Truck Insurer Must Pay for Damaged Airplane
Dec 29 2005 // Two Michigan courts have ruled that the insurer of a truck must pay $18,000 for damage caused to a small airplane that crashed after clipping the truck as the pilot tried to land in a grassy airfield. Cincinnati Insurance...
2005, a Year to Remember: Busiest Hurricane Season of the Century for United States
Dec 29 2005 // The hurricane season made 2005 a year-to-remember, with the southeast encountering the busiest hurricane season of the century, with 26 named storms and 13 hurricanes, meteorologists used up the list of 21 proper names and...
N.Y. Rates Auto Insurers on Complaints
Dec 29 2005 // The New York State Insurance Department’s 2005 Annual Ranking of Automobile Insurance Complaints shows Progressive Insurance Group placed highest among the 10 auto insurers with the largest New York market share,...
Study Reveals Communication Key in Collision Repair Process
Dec 27 2005 // J.D. Powers and Associates has ranked Erie Insurance highest in customer satisfaction with the collision repair process for a second year in a row. Maintaining a comprehensive and consistent dialog with the consumer...
Calif. Insurance Commissioner Announces New Regulations for Auto Insurance Rates
Dec 23 2005 // California Insurance Commissioner John Garamendi has announced that he will introduce new regulations next week that require insurers to base auto rates primarily on a driver’s record and not on ZIP code. According...
Truck Insurer Ordered to Pay for Plane Damage Under Michigan No-Fault Law
Dec 22 2005 // Two courts in Michigan have ruled that the insurer of a truck must pay $18,000 for damage caused to a small airplane that crashed after clipping the truck as the pilot tried to land in a grassy airfield. The truck was...
Auto Dealers Compensation of Calif. Returns $9.6 Million in Equity
Dec 21 2005 // The Trustee Board of the Auto Dealers Compensation of California Inc. (AD-COMP(R)), has announced an equity distribution of approximately $9.6 million to its auto dealership members. AD-COMP(R), formed in 2002, is a...
IBC Picks Canada’s 2005 “Top Ten” Insurance Crimes
Dec 21 2005 // The Insurance Bureau of Canada has released its annual Top Ten Insurance Crimes list, which highlights “some of the strangest and most audacious insurance frauds and auto theft cases uncovered by insurance...
California Insurers Charge Drivers in Black, Latino Neighborhoods More, Report Indicates
Dec 20 2005 // Insurers charge good drivers living in California’s predominantly African-American and Latino zip codes substantially more for automobile insurance than good drivers in predominantly white communities, claims an...
Michigan AG Provides Tips to Avoid Purchasing Flood Damaged Vehicles
Dec 20 2005 // Michigan’s Attorney General Mike Cox warned consumers today about the danger of flood-damaged vehicles. A Consumer Alert, Used Vehicle Buyers Watch for Flood Damage, posted to the attorney general’s Website...
Ill. Insurance Dept. Offers Advice for Holiday Hosts, Travelers
Dec 20 2005 // If you’re hosting friends and family this holiday season, it might pay to check your insurance first, according to the Illinois Department of Insurance. Better to know in advance what is covered and what isn’t...
Why Mass. Should Keep Its Current Auto System with State-Set Rates
Dec 19 2005 // The State’s Independent Agents Explain Why They Oppose a Switch to Competitive Rating I agree with Gov. Romney that improving road designs, dangerous intersections and combating fraud will go a long way to lowering...
Federal Law Puts Brakes on Vicarious Liability for Auto Rental Firms
Dec 19 2005 // Recent N.Y. $21 Million Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be...
N.Y. Lowers Assigned Risk Rates
Dec 19 2005 // The New York State Insurance Department has approved an average 5.6 percent decrease in auto insurance premiums for drivers in New York’s Automobile Insurance Plan (AIP), also known as the assigned risk plan. The new...
AUTO PRODUCER REASSIGNMENTS DELAYED:
Dec 19 2005 // Massachusetts Insurance Commissioner Julianne Bowler has asked that a plan for reassignment of auto insurance producers doing business with the state’s residual market, Commonwealth Auto Reinsurers, be delayed in...
GOV. URGED TO VETO FLOODED VEHICLES BILL
Dec 19 2005 // The Property Casualty Insurers Association of Amer-ica called upon Louisiana Gov. Kath-leen Blanco to veto a bill that would require all vehicles that are declared “total” losses as a result of recent flooding...
NAMIC Supports Arizona Legislative Study of Auto Theft
Dec 19 2005 // The National Association of Mutual Insurance Companies (NAMIC), Indianapolis, said it will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has...
Jan. 1 Auto Rate Hike
Dec 19 2005 // Thousands of drivers in Mississippi will see their auto insurance rates increase dramatically after Jan. 1, when the minimum required coverage will double, increasing costs, even for those who have less than the minimum...
Federal Law Drives Away Vicarious Liability for Auto Rental Firms
Dec 19 2005 // Recent N.Y. $21 Million Jury Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle...
Federal Law Puts Brakes on Vicarious Liability for Auto Rental Firms
Dec 18 2005 // A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be one of the last of its kind. Inserted among the thousands of road...
