Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Nine Plead Guilty to Faking S.C. Auto Wrecks, Filing False Claims
Jan 28 2005 // Attorney General Henry McMaster announced today in Columbia, S.C. that nine individuals pleaded guilty between Oct. 21, 2004 and Jan. 13, 2005 to 16 counts of Presenting False Claims for Payment, a felony violation of...
Southeastern Mass. Payroll Scam Busted
Jan 27 2005 // Five individuals have been charged in federal court with participating in a massive tax and insurance fraud scheme in connection with their operation of temporary employment agencies in Southeastern Massachusetts. They are...
Fla. Auto Shop Owners Charged with Fraud
Jan 26 2005 // The owners of a Florida auto repair shop were arrested this week on insurance fraud charges stemming from an investigation that reportedly showed they underreported payroll to avoid paying thousands of dollars in...
Study: Injury Claims are Common Despite Lower Auto Accident Rates, Fewer Serious Injuries
Jan 25 2005 // More than one in four auto accidents resulted in bodily injury liability (BI) claims in 2003, according to a recent study by the Insurance Research Council (IRC). The study, Trends in Auto Injury Claims, 2004 Edition,...
Insuring the Young and the Carless
Jan 24 2005 // VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to...
COMMERCIAL AUTO RESULTS TAKE U-TURN
Jan 24 2005 // Commercial auto underwriting results took a U-turn in the right direction from 1999 to 2003, according to a new study by Conning Research and Consulting Inc. The study, Commercial Automobile Markets: Solid Sectors, Worthy...
N.Y. RANKS AUTO INSURERS ON COMPLAINTS:
Jan 24 2005 // With only one upheld complaint, Amica Mutual Insurance Co. of Rhode Island, a perennial top 10 finisher, ranked the best among 49 auto insurers or groups ranked by the New York State Insurance Department in its most recent...
VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers
Jan 24 2005 // VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to...
COMMERCE SUES OVER AUTO PLAN:
Jan 24 2005 // The Commerce Insurance Company has filed an action in Massachusetts Superior Court, Suffolk County, in response to the rules published by the Division of Insurance for a new automobile residual market system. Commerce is...
VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers
Jan 24 2005 // Insuring the Young and the Carless Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to offer car buyers, regardless of...
Setting Yourself on Fire is not a Good Idea
Jan 24 2005 // People may think they’re being clever when they try to cheat insurance companies, but often they end up making mistakes that get them caught, injured and sometimes even killed. The Progressive group of insurance...
OKLA. AUTO RATE OVERRIDE’:
Jan 24 2005 // Oklahoma vehicle owners could combat a scheduled increase in auto insurance rates if a bill proposed by Rep. Jerry Shoemake (D-Morris) passes the Oklahoma Legislature. Shoemake wants to override a law going into effect...
State Farm Cutting Auto Rates in Louisiana
Jan 23 2005 // State Farm Mutual Automobile Insurance Co., which insures about one out of every three cars in Louisiana, is cutting auto insurance rates by an average of 2.1 percent, according to the Associated Press. The cut is...
Pa. Expects $120M in Car Insurance Rate Cuts
Jan 21 2005 // Pennsylvania Gov. Ed Rendell said that findings from an auto insurance study would be used to cut premiums by at least $120 million over the next several months. Insurance Commissioner Diane Koken and her department will...
New U.K. Database Tackles Auto Insurance Fraud
Jan 21 2005 // Where there are cars there are accidents, and where there are accidents there are insurance claims, which unfortunately are too often phony. The U.K. has announced a new measure to try and combat this kind of fraud, which...
Delaware Measure Targets Uninsured Motorists
Jan 17 2005 // Delaware Insurance Commissioner Matt Denn, State Senator David Sokola and State Representative Donna Stone have unveiled bi-partisan legislation which will allow the state to increase enforcement of its uninsured motorist...
S. Fla. Cracks Down: Car-wreck Insurance Fraud Con Artists Targeted
Jan 17 2005 // South Florida insurance fraud artists are becoming so rampant in the area that authorities have launched a campaign to catch area con artists who stage car wrecks and bilk insurance companies of hundreds of thousands of...
Safety Insurance Estimates Positive Impact of Mass. Residual Market Plan Changes on Its Operations
Jan 17 2005 // Safety Insurance Group, Inc. in Boston has updated its estimate of the financial impact of the reform approved on Dec. 31, 2004 of the residual market system for personal automobile insurance in Massachusetts. The company...
Insurance Auto Auctions Opens New Ill. Facility
Jan 11 2005 // Westchester, Ill.-based auto salvage and claims processing provider Insurance Auto Auctions Inc. has opened a new greenfield facility in Lincoln, Ill. Located midway between Chicago and St. Louis, the new 15-acre location...
Okla. Legislation Aims to Override April 1 Auto Rate Hike
Jan 11 2005 // Oklahoma vehicle owners could combat an April 1 increase in auto insurance rates if a bill proposed by Rep. Jerry Shoemake (D-Morris) passes the Oklahoma Legislature. Shoemake has filed a petition to override a law,...
