Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Case Law Watch
Sep 19 2005 // This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLC and edited by insurance lawyer Kevin T. Merriman...
Exclusions – Auto
Sep 19 2005 // This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLC and edited by insurance lawyer Kevin T. Merriman...
Texas Mutual Announces Purchasing Group Dividends
Sep 15 2005 // Texas Mutual Insurance Company announced purchasing group dividends to Texas Electric Cooperatives (TEC) and the Lone Star Auto Dealers purchasing group. TEC received a dividend of $21,709, which is the first purchasing...
Experts Warn Ariz. Residents Against Buying ‘Flood Cars’ for Sale
Sep 15 2005 // Experts are warning that thousands of used cars and trucks that were under water in New Orleans are expected to hit Arizona used-car lots and street corners in coming months. These vehicles are usually...
Survey Reveals Bikers’ Concern as Motorcycle Theft Rates Increase
Sep 13 2005 // With motorcycle theft rates climbing more than 55 percent according to the National Insurance Crime Bureau, and bike sales soaring at unprecedented rates, a survey of motorcycle owners revealed that a full 49 percent are...
S.D. Court Rules Insurance Covers Repair, Not Value
Sep 9 2005 // Siding with a majority of courts in other states, the South Dakota Supreme Court ruled unanimously that auto insurers cannot be forced to pay policyholders for the lost market value of wrecked vehicles that have been...
N.Y. Court Awards No-Fault Damages Despite Late Notice to Insurer
Sep 7 2005 // A New York trial judge has dealt a blow to New York State’s timely insurance no-fault auto insurance notice requirement, under which insurers can deny coverage if a claim is not filed within a set period. Following a...
CAR’s Iannaco to be Honored as Mass. Insurance Professional of Year
Sep 7 2005 // Ralph “Buddy” Iannaco, president of Commonwealth Automobile Reinsurers, will be honored as the Insurance Professional of the Year 2005 by the Insurance Library Association of Boston. The award will be presented...
Report Says U.S. Insurance Industry Loses More than $16B in 2004 on Auto Premium Rating Error
Sep 6 2005 // Quality Planning Corporation (QPC), the Rating Integrity Solutions Company, has released its annual Premium Rating Error report. The report concludes that premium rating errors continue to lower the overall profits of auto...
Students Charged with Helping Teacher Burn Car Enter Plea Deal
Sep 6 2005 // Two high school students charged with helping their teacher burn her car in return for passing grades entered plea deals, avoiding jail time. Darwin Arias, 17, and Roger Luna, 18, of Aldine High School each pleaded guilty...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina–which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29–would be in the $10 billion to...
But Lawmakers, Interest Groups Still Debate Over Use of Aftermarket Parts
Sep 5 2005 // But Lawmakers, Interest Groups Still Debate Over Use of Aftermarket Parts Critics of national class action suits were among those cheering the loudest after the Illinois Supreme Court dismissed a $1.06 billion judgment...
Miami PD Eliminates its Auto Theft Unit
Sep 5 2005 // Insurance agents in Miami and Dade County were dismayed to discover in late August that, “due to manpower shortages” the Miami Police Department disbanded its Auto Theft Unit. A PD spokesman told the Miami...
News Briefs
Sep 5 2005 // FLORIDA Report Shows Car Theft Decreased in Most of Southeast Across the Southeast in major metropolitan areas auto theft decreas-ed dramatically in 2004, accompan-ied by a slight drop in auto theft nationally, according...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina-which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29-would be in the $10 billion to $30 billion...
News Briefs
Sep 5 2005 // NAMIC ENCOURAGES RATE MODERNIZATION IN HAWAII: The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance...
Distracted Driving: Is Your Organization Steering Clear of Liability Risks?
Sep 5 2005 // Drivers who are mentally or physically distracted react more slowly to traffic conditions and significantly reduce their “margin of safety” leading them to take risks. Consider this scenario: Your employee is...
State Farm Car Parts Reversal Gives Boost to Class Action Critics
Sep 5 2005 // Critics of national class action suits were among those cheering the loudest after the Illinois Supreme Court dismissed a $1.06 billion judgment against State Farm Insurance involving the use of generic auto repair...
Distracted Driving: Steering Clear of Liability Risks
Sep 5 2005 // When an employee crashes, so does the bottom line. In many cases, it is employers who bear the human, economic, and legal costs associated with a crash. Consider the following scenario: Your employee is driving down the...
Mass. Auto Insurance Rates: How Low Will They Go for Next Year?
Sep 5 2005 // As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how negative...
