Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
N.Y. Trial Bar, Auto Insurers Agree on Court Changes to Expedite Claims
Jun 27 2005 // With encouragement from insurers led by Progressive Insurance Co. and the state’s trial lawyers, New York lawmakers last week passed a bill that should both cut down on questionable small claims lawsuits and speed up...
N.Y. Auto Premium Cuts Continue
Jun 27 2005 // New York officials announced that American International Group, Chubb, and General Motors Acceptance Corporation have joined the list of insurers reducing their auto insurance premiums for new and existing customers. The...
Bad Week for Romney Auto Reforms Continues as Mass. Agents Oppose Competitive Rating
Jun 22 2005 // The day after a court struck a blow to his administration’s reforms of the state’s auto insurance residual market, the powerful independent agents’ lobby also pulled the rug out from under some of Gov....
Ohio Auto Thefts Down 2% for 2nd Straight Year
Jun 22 2005 // Auto thefts in Ohio appear to have declined more than 2 percent for the second consecutive year, according to estimates released by the Ohio Insurance Institute. Based on auto theft survey results of 17 major Ohio city...
Texas Truck Driver Indicted for Workers’ Comp Fraud
Jun 22 2005 // The Travis County grand jury indicted Jerry Amaya of Cedar Creek, Texas, on workers’ compensation fraud-related charges, according to Texas Mutual Insurance Company. Amaya filed a workers’ compensation claim...
AssuranceAmerica Expands to Alabama; Writing Auto Policies
Jun 21 2005 // AssuranceAmerica Corporation has announced its expansion into Alabama’s auto insurance market with sales of its first auto insurance policies in the state. The Atlanta-based company is represented by more than 300...
State Farm Mutual Auto Reduces Ga. Auto Premiums 3.8 Percent
Jun 21 2005 // State Farm Mutual Automobile Insurance Company has announced it will reduce auto policy rates by an average of 3.8 percent over the next six months. State Farm, with 1.5 million policyholders, is one of Georgia’s...
AUTO, HOMEOWNER RATE DECREASES OK’D
Jun 20 2005 // Three insurance companies have been granted rate decreases by the West Virginia Insurance Comm-ission, including: Erie Insurance Co., 3.1 percent decrease in private passenger auto insurance, goes into effect Aug. 1; State...
Cold War Erupts in Mass. Over Governor’s Auto Insurance Reforms
Jun 20 2005 // A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and...
News Briefs
Jun 20 2005 // MASSACHUSETTS CAR NAMES COMMERCIAL CARRIERS: Commonwealth Auto Reinsurers has advanced its new commercial auto limited servicing carrier program by selecting the six carriers that will service this residual market business...
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization...
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...
