Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
16 Charged in Lowell, Mass. Staged Accident Scheme
Oct 13 2005 // Nine individuals have been arraigned in Middlesex Superior Court in Cambridge, Mass. in connection with an insurance fraud scheme that included the staging of several motor vehicle collisions in Lowell, Tyngsborough, and...
N.Y. Group Wants State to Post Comparative Auto Rates for Drivers
Oct 13 2005 // In an effort to reduce expenses for consumers, The New York Public Interest Research Group is calling on the state Insurance Department to compile rate information and post it online so state residents can more easily shop...
Canadian Insurers Launch Toll-Free Crime Hotline for Consumer Tips
Oct 12 2005 // A bulletin from the Insurance Bureau of Canada gives details of a new anti-crime initiative, designed to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes related...
State Auto Estimates Q2 Cat Losses
Oct 12 2005 // State Auto Financial Corporation today announced it estimates that catastrophic storms during the third quarter of 2005 will produce between $42 and $46 million in pre-tax losses for STFC. This is expected to add between...
USAA Cuts Auto Rates in N.Y.
Oct 12 2005 // New York Superintendent of Insurance Howard Mills today announced that the USAA Group will reduce its automobile insurance rates an average of 7.6 percent in 2006, saving its private passenger members more than $14 million...
PIIAWV Conference: Agents Learn In’s and Out’s of Policy ‘Glitches,’ Coverage ‘Fixes’
Oct 11 2005 // “Glitches” in policies agents select for insureds and possible coverage “fixes” to close these gaps or lapses in coverage were discussed by Fred Macy, president of Gray Wolf Insurance Seminars...
Heavy Rains Force Eastern U.S. Evacuations; Four Lives Lost
Oct 11 2005 // Prolonged, heavy rain caused flooding from North Carolina to New Hampshire over the weekend, forcing hundreds of people to evacuate, knocking out electricity, weakening dams and making roads impassable. At least four...
State Auto Unveils Q3 CAT Losses
Oct 11 2005 // Ohio-based State Auto Financial Corporation estimates that catastrophic storms during the third quarter of 2005 will produce between $42 and $46 million in pre-tax losses for STFC. This is expected to add between 15 and 17...
Mich. Gov. Seeks 20% Reduction on Auto, Homeowners
Oct 10 2005 // Michigan Gov. Jennifer Granholm and Democratic lawmakers want to give homeowners and motorists a 20 percent cut in their insurance rates, a move the insurance industry says isn’t justified. Granholm and lawmakers...
All-Terrain Vehicle Deaths, Injuries Reported On The Rise
Oct 8 2005 // An estimated 740 people, a record, died in all-terrain vehicle accidents last year, the government said as it took a step toward oversight of the vehicles. The estimated toll, which includes 470 documented cases, compares...
N.J. Man Charged in Auto Scam
Oct 7 2005 // New Jersey Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Passaic County man with conspiracy and...
Canadian Insurers Launch Toll-Free National Insurance Crime TIPS Line
Oct 6 2005 // Canada’s home, car and business insurers announced the launch of a national insurance crime TIPS line to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes...
Mass. Alters Formula for Sharing High Risk Auto Insurance Business
Oct 4 2005 // Some 18 months after a report called the current system unfair and inequitable and three months after a court halted a substitute plan, the Massachusetts Division of Insurance has approved a modification in the way high...
Horace Mann Corp. Decreases Auto Rates for W. Va. Educators
Oct 4 2005 // Horace Mann Educators Corp. has lowered auto insurance rates for West Virginia consumers an average of 4.4 percent effective Nov. 1, 2005. “We are pleased to reduce rates for educators in West Virginia,” said...
As Motorcycle Theft Rates Soar, Survey Reveals Bikers’ Concern
Oct 3 2005 // With motorcycle theft rates climbing more than 55 percent* and bike sales soaring at unprecedented rates, a survey of motorcycle owners revealed that a full 49 percent are concerned about bike theft and 84 percent believe...
News Briefs
Oct 3 2005 // INDIANA Ind. Targets Unemployment System: The Indiana Department of Workforce Development (IDWD) has taken another step toward modernizing its unemployment insurance system by contracting with Carmel, Ind.-based Haverstick...
Wash. Contractor Cited for Fraudand Safety Violations
Oct 3 2005 // To combat fraud and protect workers from serious injury and death, the Washington Department of Labor and Industries has cited a Tacoma roofing contractor for workers’ compensation fraud and multiple safety...
As Motorcycle Theft Rates Soar, Survey Reveals Bikers’ Concern
Oct 3 2005 // With motorcycle theft rates climbing more than 55 percent and bike sales soaring at unprecedented rates, a survey of motorcycle owners revealed that 49 percent are concerned about bike theft and 84 percent believe the...
Progressive’s Drive Web site Attracts One Million Visitors
Sep 30 2005 // More than one million consumers have visited Progressive’s Drive Insurance web site, www.driveinsurance.com, to find out more about the benefits of buying auto insurance through an independent agent or broker, the...
Mo. Court Awards $800,000 to Auto Fraud Defendants
Sep 30 2005 // Two Missouri people acquitted of automobile insurance fraud were awarded $800,000 in damages for malicious prosecution of their case. A Jackson County Circuit Court jury on Tuesday ruled that State Farm Insurance and the...
