Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
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,...
News Briefs
Jun 6 2005 // FLORIDA Fla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
Mass. Gov. Romney to Unveil Own Auto System Proposal
Jun 1 2005 // Reportedly tired of waiting, Gov. Mitt Romney will today announce a legislative reform package for the Massachusetts auto insurance system, bypassing his own task force that had promised to come up with its own measures by...
Five W. Va. Insurers Pledge to Cut Auto Premium Rates
May 30 2005 // Five of West Virginia’s largest carriers have pledged to lower premiums by more than $54 million, according to Insurance Commissioner Jane Cline. Within the past month State Farm, Nationwide, Erie, Allstate and...
GMAC Insurance Study: Some 20 Million Drivers are Potential Accidents Waiting to Happen
May 26 2005 // Results of a study released Thursday suggest that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. In fact, the study shows that if tested today, one in 10 drivers –...
W. Va. OKs Decreases in Westfield Insurance’s Auto, Homeowner Rates
May 25 2005 // A request by the Westfield Insurance Company for a 7.7 percent decrease in private passenger automobile rates, and a 6 percent decrease in homeowners rates, has been approved by the West Virginia Insurance Commission. The...
N.J. Drivers Geared Towards More Savings in 2005
May 25 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan recently announced that during the last two years 64 percent of auto insurance policyholders have received rate reductions or special dividends. Since the...
SaferCar.Gov Unveils Car Crash Test, Rollover Ratings for 2005 Cars
May 25 2005 // The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced this week the completion of crash test and rollover ratings for passenger cars for the 2005 model year. All...
Allstate Rolls Out Your Choice Auto Insurance in Texas
May 24 2005 // Allstate announced the Texas rollout of a new product, Your Choice Auto Insurance, which the company says provides consumers more choices, innovative features and enhanced rewards for safe drivers. The product, available...
Keynote: Auto Insurance Web Sites Main Consumer Source for Quotes
May 24 2005 // New competitive intelligence from Keynote Systems, The Internet Performance Authority, reported that the Web is the primary resource for auto insurance consumers with 87 percent visiting sites with the intention of...
