Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
N.C. Commissioner Settles Trio of Auto Rate Cases
Jul 22 2004 // North Carolina Insurance Commissioner Jim Long announced the resolution of three auto insurance rate cases – a settlement that will result in potential maximum savings of $1.2 billion for North Carolina drivers. Long...
Mass. to Hear High Risk Auto Plan Tomorrow
Jul 21 2004 // Massachusetts Insurance Commissioner Julianne Bowler has scheduled a public hearing for July 22 to hear testimony on proposed rule changes to the state’s high risk auto facility. The changes were approved by...
MI-Assistant: On the Brink
Jul 20 2004 // From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of competitive rating and...
W.Va. Auto Rates Rising
Jul 20 2004 // West Virginians paid more for auto insurance in 2001 than people in all but 15 other states, according to statistics from the National Association of Insurance Commissioners, the Associated Press and the Charleston Gazette...
Safeco Posts Strong Profits in All Major P/C Segments
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
PCI SAYS TENNESSEE AUTO PARTS REGULATION WOULD MAKE CONSUMERS ‘DOUBLE LOSERS’:
Jul 19 2004 // According to the Property Casualty Insurers Association of America (PCI), a Tennessee Department of Commerce and Insurance proposal requiring written permission from auto policyholders or third-party claimants to use...
N.Y.’s Vicarious Liability Costly for Consumers and Auto Dealers
Jul 19 2004 // New York’s so-called vicarious liability law affecting car leasing firms costs consumers more than $130 million a year and has led to a 36 percent decline in the number of vehicles leased in New York each year,...
Mich. DOI Report Details Auto Repair Rights
Jul 19 2004 // A new report released by the Michigan Office of Financial and Insurance Services aims to give consumers a better understanding of their rights with regard to auto repair under the state’s no-fault policy. The report,...
MI-Assistant: Midwest Solutions Provider is On the Brink
Jul 19 2004 // From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of comparative rating and...
Allstate Returns $15 Million to N.J. Drivers
Jul 19 2004 // New Jersey Governor James E. McGreevey, joined by Banking and Insurance Commissioner Holly C. Bakke, applauded Allstate New Jersey’s plans to return $15 million to more than 200,000 auto insurance policyholders....
MASS. TO HEAR HIGH RISK AUTO PLAN:
Jul 19 2004 // Massachusetts Insurance Commissioner Julianne Bowler has scheduled a public hearing for July 22 to hear testimony on proposed rule changes to the state’s high risk auto facility. Commonwealth Auto Reinsurers (CAR),...
The Midland Company Unveils Q2 Numbers
Jul 15 2004 // The Midland Company, an Ohio-based provider of specialty insurance products and services, reported record results for the second quarter ended June 30, 2004. Net income per share was 58 cents, which included 2 cents in...
No Hike in British Columbia Auto Rates for 2005
Jul 14 2004 // For the second consecutive year, ICBC will not be increasing basic automobile insurance rates, the corporation announced. ICBC’s submission to the British Columbia Utilities Commission (BCUC), which sets basic...
Kemper Auto & Home Names McDaniel as President
Jul 14 2004 // Thomas McDaniel has been named president of Kemper Auto and Home headquartered in Jacksonville, Fla. McDaniel succeeds Dale Hammond, immediate past president of Kemper Auto and Home who will serve as group executive for...
Losses Drive High Cost of Detroit Metro Auto Coverage, Insurance Lobby Says
Jul 14 2004 // Higher claims frequency and severity make it twice as expensive for insurers to offer full auto and homeowners coverage to residents in metropolitan Detroit than the state as a whole, according to a recent study conducted...
Va. Gov. Applauds State for Earning Special Recognition for Drop in Traffic Fatalities
Jul 9 2004 // Virginia Gov. Mark Warner on Thursday applauded Virginia’s law enforcement, transportation officials, and motorists for doing their part in making the Commonwealth’s highways among the safest in the...
Insurance Auto Auctions Adds Miss. Facility
Jul 9 2004 // Insurance Auto Auctions Inc. a provider of automotive salvage and claims processing services in the United States, announced the acquisition of Mid-South Salvage LLC, a 15-acre operation located in Jackson,...
Sacramento Mortgage Broker Arrested in Alleged Auto Insurance Scam
Jul 7 2004 // Jesse L. Jackson, 34, of Sacramento, was arrested at his residence June 28 and booked into the county jail on two felony counts of insurance fraud and one count of attempted grand theft. His arrest is the result of an...
R.I. Gov. Carcieri Vetoes Car Rental Policy Change
Jul 7 2004 // Rhode Island Gov. Donald Carcieri has vetoed a measure that would have restricted the state’s auto insurers’ ability to encourage the use of lower cost preferred providers for rental cars. The General Assembly...
N.Y. Gov. Pataki Reports Drop in Auto Rates
Jul 7 2004 // New York Gov. George Pataki announced a two percent decrease in auto insurance premiums for drivers receiving coverage under the New York Assigned Risk Plan, which will reportedly result in lower insurance payments for...
