Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Van Horn Joins Heartland Marketing Group
Mar 3 2005 // Texas-based Heartland Marketing Group announced it has hired George Van Horn as senior commercial underwriter with the responsibility of continuing the development of their large account program. Van Horn has over 22 years...
Progressive to Return to N.J. Auto Market
Mar 3 2005 // Tucked away in the 2004 annual report of Progressive Insurance is big news for the New Jersey auto insurance marketplace. The giant insurer, which exited the state in 1983, is driving back. In the report’s section...
IBC Reports 2004 Financials for Auto, Home and Business Insurance Companies
Mar 1 2005 // Insurance Bureau of Canada (IBC) recently announced estimated 2004 financial results for Canada’s home, auto and business insurance companies. Industry data indicate that in 2004, the industry’s 206 companies...
Hot Wheels for Sale!
Feb 28 2005 // The nation’s motor vehicle thieves continue to find the most popular automobiles as their primary targets for feeding the underground need for replacement parts and for export to foreign countries, reports a new...
Calif. Warrant Sweep Nets Eight Suspects; Six Wanted for Insurance Fraud
Feb 28 2005 // Starting last Thursday, investigators from the California Department of Insurance’s Fraud Division (CDI) conducted joint operations in the Central Valley to execute outstanding arrest warrants. This sweep netted...
Restrictive Illinois Auto Body Shop Bill Would Hit Consumers Hard
Feb 28 2005 // An Illinois bill that would require auto insurers to pay whatever any given body shop demanded for repairs would result in skyrocketing loss costs for insurers and higher premiums for drivers. H.B. 2330 is...
Study Shows Tort-Based Auto System Provides Savings for Colo. Drivers
Feb 25 2005 // A Colorado study shows that since the state scrapped its ailing no-fault automobile insurance program in favor of a tort-based system, rates for some consumers have dropped between 19.5 percent and 27.1 percent. The study...
N.Y. Equity Firm Buys Insurance Auto Auctions
Feb 24 2005 // Insurance Auto Auctions, Inc. in Westchester, Ill. has signed an agreement to be acquired by affiliates of Kelso & Company, a New York based private equity investment firm. The aggregate value of the merger...
Auto Insurance Tracking Bill Clears Okla. House
Feb 24 2005 // The Oklahoma House of Representatives Media Services Division reported a bill that would allow law enforcement officials to instantly determine if a car is insured has cleared the House by a vote of 74-26. House Bill 1351,...
Ark. House Approves Bill to Ban Credit as Factor in Rating Auto Premiums
Feb 24 2005 // Auto insurance companies would be barred from using credit ratings as a factor in setting auto insurance premiums under a bill passed by the Arkansas House of Representatives, the Associated Press reported. Rep. Rick...
AIA: Increasing Idaho’s Speed Limit for Large Trucks will be Disastrous
Feb 24 2005 // Raising the speed limit for large trucks and other vehicles on Idaho’s state highways is a recipe for disaster, according to the American Insurance Association. S. 1133, sponsored by the Idaho Department of...
Nebraska Plan Offers Online Rating For Private Passenger Applicants
Feb 23 2005 // The Nebraska Automobile Insurance Assigned Risk Plan offers an online rating interface for certain private passenger risks applying for auto insurance coverage. The interface is a feature of an electronic application...
AUTO RATES FALLING:
Feb 21 2005 // New Hampshire drivers are benefiting from increased competition among auto insurers. Seven of the 11 auto insurance companies that have filed rate change requests with the state so far this year have asked for decreases,...
Auto Insurance Rates to Climb By 1.5% in 2005
Feb 21 2005 // The cost of auto insurance is expected to rise by just 1.5 percent in 2005, the smallest increase in five years, according to the Insurance Information Institute. The average cost for auto insurance nationwide for 2005 is...
HOMEOWNERS RATES 4TH LOWEST IN NATION
Feb 21 2005 // Ohio insurance consumers continued to benefit from a healthy property/casualty market in 2004 and rates are not expected to change significantly in 2005, the state’s insurance department announced. Homeowners...
AUTO AGENCY EXEC. TO HEAD S.C. INSURANCE DEPT.
Feb 21 2005 // South Carolina Gov. Mark Sanford has chosen Eleanor Kitzman, founder and past president of Driver’s Choice Insurance Services of Columbia, to head South Carolina’s Insurance Department. Kitzman has been active...
RATE BUREAU REQUESTS 11.5 PERCENT INCREASE IN AUTO RATES
Feb 21 2005 // The North Carolina Department of Insurance doubts new methodology used by the North Carolina Rate Bureau, which has just requested an 11.5 percent statewide increase in private auto insurance rates. NCRB is an independent...
LEGISLATORS RAISING AUTO LIABILITY LIMITS
Feb 21 2005 // The Mississippi Legislature is considering raising automobile liability limits, which could increase insurance premiums in the state. The Mississippi House and Senate each passed legislation that for the first time since...
I.I.I. Says Automobile Insurance Rates to Climb Slightly in 2005
Feb 21 2005 // The cost of auto insurance is expected to rise by just 1.5 percent in 2005, the smallest increase in five years, reports the Insurance Information Institute. The average cost for auto insurance nationwide for 2005 is...
Mass. Insurer Coalition Plans Major Campaign to Bring More Competition to Auto System
Feb 18 2005 // A group of insurers in Massachusetts is planning a statewide public relations, lobbying and educational campaign to convince drivers, voters and lawmakers that more competition is needed in the state’s private...
