Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Auto Physical Damage
Dec 6 2004 // Nuts & Bolts: Victor O. Schinnerer and Co. has a new line of auto physical damage insurance coverage for vehicles such as trucks, buses, emergency vehicles, (including ambulances), fire trucks, police cars and all...
California Leads Nation in Auto Theft Rates for 2003
Dec 6 2004 // No South Central states in the top 10 list. The National Insurance Crime Bureau (NICB) reported that for calendar year 2003, car thieves were most active in California. Six of the nation’s 10 hottest spots for...
California Leads the Nation in Auto Theft Rates for 2003
Dec 6 2004 // The National Insurance Crime Bureau (NICB) reported that for calendar year 2003, car thieves were most active in California. Six of the nation’s 10 hottest spots for vehicle theft rates are in California, while the...
Friends + Cars = Specialty Market Success
Dec 6 2004 // Steve Marlin is in the driver’s seat of the collector-car market in Long Island. In 1999, the Deer Park, N.Y., agent, whose passion for cars led him to the presidency of the local Corvette collectors’ club,...
Auto Physical Damage
Dec 6 2004 // Nuts & Bolts: Victor O. Schinnerer and Co. has a new line of auto physical damage insurance vehicle coverage for trucks, buses, emergency vehicles, (including ambulances), fire trucks, police cars, and mobile...
Court Overturns Ruling on Auto Rate Settings
Dec 2 2004 // The 11th Circuit Court of Appeals has overturned a lower court ruling that would have reportedly given a single jury the power to set rates for auto insurance across the country. In the case of Gilchrist, et al. v. State...
S&P Affirms Horace Mann Ratings; Outlook Stable
Dec 1 2004 // Standard & Poor’s Ratings Services has revised its outlook on Illinois-based Horace Mann Educators Corp. and its subsidiaries to stable from negative. Standard & Poor’s also affirmed its...
Study Finds Medical Costs Driving Up Auto Injury Claims
Nov 30 2004 // A new study by the Insurance Research Council (IRC) finds that claimed losses for auto injuries have escalated at vastly different rates across four states with no-fault auto insurance regulations. From 1997 to 2002, the...
Tenn. Authorities Plan to Implement “Bait-Car” Program
Nov 30 2004 // Morristown, Tenn. authorities have announced a plan to use “bait-cars” to catch car thieves red-handed and to reduce the local car theft rate – insurance companies, noting such programs have cut the theft...
N.Y. Superintendent Calls for Auto Rate Reassessment as Fraud-Fighting Successes Drop Insurers’ Losses
Nov 23 2004 // New York Superintendent of Insurance Gregory Serio on Tuesday announced the commencement of an immediate and broad-based review of auto insurance rates for private passenger vehicles in New York State. Insurance companies...
Mass. Approves New Residual Auto Plan
Nov 23 2004 // After years of industry complaints and months of wrangling among regulators, carriers, voluntary agents, involuntary agents, consumers and lawmakers, Massachusetts has overhauled its system of insuring high risk...
N.C. HAS 8TH LOWEST AUTO RATES IN U.S.:
Nov 22 2004 // A National Association of Insurance Commissioners report comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an...
Hagerty to Write Collector Car, Lowrider Policies
Nov 22 2004 // They scrape the pavement with ground-effects bodywork, shake side-to-side, and feature the fanciest air ride suspension systems on the market. These amazing cars, known as lowriders, are a fast-growing segment of the...
ICT VIDEO TARGETS TEENS:
Nov 22 2004 // The Insur-ance Council of Texas has teamed up with Texas’ Regional Education Service Centers to provide the state’s teenagers with information about auto insurance. The two groups produced Auto Insurance 101,...
Lowriders
Nov 22 2004 // Nuts & Bolts: Traverse City, Mich.-based Hagerty Insurance added two categories of lowriders to the list of customized and collectible vehicles it insures. As defined by Hagerty, a lowrider is a car or truck that has...
Progressive’s Black Box: Is Big Brother Good for the Industry’
Nov 22 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Loss Ratios Improve in 45 States Nationwide
Nov 22 2004 // The commercial auto market went through some tough times. After years of deteriorating loss ratios, things have definitely turned around. What does this mean for the marketplace? In some cases, prices have started to...
N.Y. CRACKS FRAUD RING:
Nov 22 2004 // New York officials are hailing the arrest of 24 individuals alleged to have been involved in an auto insurance fraud operation they say has ties to organized crime. New York City Police Commissioner Raymond W. Kelly, Kings...
N.J. WINS BACK STATE FARM:
Nov 22 2004 // A flurry of special dividends and a series of rate reductions from auto insurers, along with increased competition and new regulations adopted by the New Jersey insurance department, are helping to reshape the...
Auto Physical Damage
Nov 22 2004 // Nuts & Bolts: Victor O. Schinnerer and Co. has a new line of auto physical damage insurance coverage for vehicles such as trucks, buses, emergency vehicles, (including ambulances), fire trucks, police cars, and all...
