Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
California Legislative Round Up
Jun 20 2005 // The following is an update on some of the key property/casualty insurance-related bills pending in the California Assembly and Senate. Measures that garner approval will be considered next in the second house. Measures...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
California Legislative Round Up
Jun 20 2005 // The following is an update on some of the key property/casualty insurance-related bills pending in the California Assembly and Senate. Measures that garner approval will be considered next in the second house. Measures...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
Companies Deliver Public Relations Pitch
Jun 20 2005 // So just how does an industry respond to negative publicity? A number of companies involved in the insurance world have had to answer that question regarding the broker contingent commissions crisis, which has grabbed...
Nine Ways to Get Personal Lines Clients in the Door
Jun 20 2005 // The personal lines industry may be viewed through multiple competitive prisms. These include the classic independent agent versus direct writer perspective; independent and exclusive agents versus the banks, and...
FERMA Names New Leaders
Jun 17 2005 // Marie-Gemma Dequae, president of the Belgian risk management association BELRIM from June 1994 until June 2005, has been named as the next president of the Federation of European Risk Management Associations (FERMA). She...
Actuary Calculates High Cost of N.J. ‘Serious Impact’ Auto Ruling
Jun 15 2005 // A New Jersey Supreme Court decision handed down June 14 that eliminates a “serious impact” test under the auto insurance verbal threshold will dramatically increase automobile insurance losses and rates in that...
3.8% Auto Residual Market Rate Increase in Effect in Virginia
Jun 15 2005 // An average 3.8 percent increase in rates for private passenger auto policies insured through the Virginia Automobile Insurance Plan is now in effect. The industry had requested an average 5.5 percent rate increase. The...
Research & Markets Issues Study on U.K. Car Theft Warning Systems
Jun 14 2005 // Dublin-based Research and Markets announced the addition of a “UK Car Alarm Fitment Report” to their offering. The report “provides an analysis of the fitment of vehicle security alarms across the 22...
R.I. Bill Upping Inspection Station Liability Limits Advances
Jun 14 2005 // The Rhode Island Senate has joined the House of Representatives in approving legislation to require a hike in the liability coverage of garages that perform bi-annual vehicle inspections required by the state. Sponsored by...
Insurers Claim N.J. Supreme Court Ruling is Setback for Auto Market
Jun 14 2005 // Insurance companies are blasting a decision by the New Jersey Supreme Court that they say undermines ongoing efforts to revive the private auto insurance market in the state and jeopardizes cost savings promised to...
N.J. Auto Agency Makes Drive for Success in Paterson
Jun 10 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan on Friday pointed to recent auto insurance reforms and a newly competitive marketplace for improving affordability and accessibility of insurance in urban...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? From the 1980s until recently, insurance giant American International Group and its top executives “routinely engaged in...
AUTO INSURANCE SAVINGS TALLIED:
Jun 6 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan recently reported that during the last two years 64 percent of auto insurance policyholders have received rate reductions or special dividends. Since the...
ACIC OPPOSES EXTENDING LOW COST AUTO PROGRAM:
Jun 6 2005 // Without first conducting a thorough evaluation, it is premature to expand California’s low-cost auto insurance program from two counties to the entire state, according to the Association of California Insurance...
Reform, Not Scare Tactics, Needed for Mass. Auto
Jun 6 2005 // The issue before the court is whether the Commissioner has the authority to implement an ARP. The court will not be ruling on specific provisions of the ARP. Over the last month or so there has been a great deal of concern...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? – Maurice “Hank” Greenberg, AIG CEO, 1992 From the 1980s until recently, insurance giant American International Group...
Auto-No-fault
Jun 6 2005 // Auto-Owners Insurance Co. vs. Great West Casualty (Minnesota Court of Appeals, May 10, 2005) -Ruling: Injury resulted from “maintenance or use” of vehicle. Auto-Owners commenced a declaratory judgment action,...
