Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Progressive’s New Branding Effort Hopes to ‘Drive’ Market Share
Oct 11 2004 // Progressive Insurance Co.’s move to re–brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but mixed reviews from the independent agents who...
TEXAS AG, INSURERS SETTLE:
Oct 11 2004 // Texas Attorney General Greg Abbott announced court-approved settlements with two major auto insurers that he says will result in refund more than $3.4 million to Texas policyholders who paid more out of pocket on claims...
Progressive Hopes to Drive Market Share Its Way
Oct 11 2004 // Progressive Insurance Co.’s move to re-brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but reviews from independent agents at the center of...
N.C COMMISSIONER ALERTS SUGGESTS $700 M AUTO RATE REFUNDS:
Oct 11 2004 // North Carolina Insurance Commissioner Jim Long has advised the Federal Reserve Bank of Richmond, Va., of the potential for up to $700 million in auto rate refund checks to be distributed to North Carolinians during the...
Progressive Hopes to Drive Market Share With Independent Agency Brand
Oct 11 2004 // Progressive Insurance Co.’s move to re-brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but mixed reviews from the independent agents who are...
State Farm to Lower California Auto Insurance Rates – West News – Sept. 2, 2004
Oct 11 2004 // Many people went with the lowest price and cheap homeowners insurance companies back in 1994. Everything was great until the earthquake hit. To this day, many people who thought that they had proper coverage and did not...
N.J. Eyes Reducing Urban Auto Rate Subsidies – East – Sept. 17, 2004
Oct 11 2004 // When each company is permitted to develop its own area rating maps, slicing the state into as many as 50 unique pieces, it seems likely that chaos will follow. Yes, the rating territories need some serious tweaking to...
WHO Study Finds Auto Accidents in China Kill 600 People Every Day
Oct 10 2004 // A report from the World Health Organization estimates that more than 600 lives are lost and more than 45,000 people are injured on China’s roads every day. People living in low and middle-income countries suffer the...
Auto Data Network to Train AXA Brokers on FSA Regs
Oct 6 2004 // Auto Data Network Inc., a provider of software and real-time data to the automotive industry, announced that its U.K. subsidiary, IFAct Group Limited, has been awarded a contract by AXA to provide training and help develop...
Five Charged in Md. Auto Accident Scam
Oct 6 2004 // Maryland Attorney General J. Joseph Curran, Jr. announced the filing of felony insurance fraud, felony theft and conspiracy charges against Michael Horner, former owner of Contemporary Auto in Harford County, and four...
Mass. Delays High Risk Rule Hearing Until Oct. 20
Oct 4 2004 // Massachusetts Insurance Commissioner Julianne Bowler has postponed the second public hearing into changes to the state’s high risk sharing pool that was scheduled for today until Oct. 20. The Division of Insurance...
S.C. Car Insurance Rates Outpace U.S. Despite 1999 Deregulation Law
Oct 4 2004 // Insurance rates for drivers in South Carolina have been rising faster than the national average, according to a new report. The state’s drivers on average spent $702.44 for auto insurance in 2002, an increase of 10.4...
N.J. Maintains Top Auto Insurance Premium Figures Reflect Years of ‘Suffering’ Before 2003 Reforms
Oct 1 2004 // New Jersey Banking and Insurance Commissioner Holly C. Bakke wasted little time in putting the latest numbers showing the state with the highest average auto insurance premium — $1,113 — in perspective. Those numbers...
Alliance Applauds Passage of SB 1500
Oct 1 2004 // The American Agents Alliance congratulated State Senator Jackie Speier (D-Hillsborough) on the passage of SB 1500. Her legislation, which puts an end to debate over electronic auto insurance policy data sharing, as well as...
Final Mass. Auto Rate Bid Filed: 1%
Oct 1 2004 // The last bid in the process of setting 2005 Massachusetts private passenger auto insurance rates is in. The State Rating Bureau (SRB), the consumer arm of the Division of Insurance, has recommended that rate go up just...
N.C. Moves to 8th Lowest Auto Rates in Nation
Oct 1 2004 // A report released by the National Association of Insurance Commissioners 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...
Mass. A.G. Reilly Calls for 6.2% Cut in Auto Rates
Sep 30 2004 // Following up on his previous assertion that auto insurance in the state is actually too profitable, Massachusetts Attorney General Thomas F. Reilly has now called for a 6.2 percent cut in private passenger auto insurance...
Mich. Insurer Group Taps Former Auto Industry Lobbyist as New Executive Director
Sep 28 2004 // The Lansing, Mich.-based Insurance Institute of Michigan has named a former lobbyist for the auto industry as its new executive director. Peter Kuhnmuench will start Oct. 11, 2004 and previously served as legislative...
N.C. Commissioner Alerts Federal Reserve of Potential for $700 Million in Auto Rate Refunds
Sep 24 2004 // North Carolina Insurance Commissioner Jim Long has advised the Federal Reserve Bank of Richmond, Va., of the potential for up to $700 million in auto rate refund checks being distributed to North Carolinians in the coming...
State Auto Expects at Least $32 Million in Hurricane Losses From Charley, Frances and Ivan
Sep 23 2004 // Columbus, Ohio-based regional property/casualty carrier State Auto Financial Corp. estimates that hurricanes Charley, Frances and Ivan, cumulatively, will contribute about $32 million to $36 million in pre-tax losses, or...
