Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Insurance Auto Auctions Records Higher Earnings
Apr 26 2004 // Illinois-based Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, reported higher net earnings for the quarter ended March 28, 2004. The company recorded net...
New Mexico Court Invalidates Family Exclusions in Umbrella Policies
Apr 26 2004 // Insurance companies in New Mexico may no longer exclude family members from coverage under so-called umbrella policies, the state Supreme Court has ruled in two cases involving auto accidents. Such exclusions “are...
CIS, Inc. announces entry into S.C. non-standard auto market
Apr 26 2004 // Jess Chappell, President and CEO of Savannah, GA based CIS, Inc., announced that CIS will enter into the South Carolina non-standard auto market by taking over the administration of an already existing program. “We...
Texas AG Settles Refund Agreement with Auto Insurers
Apr 21 2004 // Texas Attorney General Greg Abbott’s final settlement with two auto insurers will result in estimated refunds of more than $700,000 to Texas policyholders who paid more on their claims for auto repairs than their...
Mass. Proposal Sees New Auto Plan by 2008
Apr 21 2004 // The campaign to change the way Massachusetts handles high risk private passenger auto policies moved forward last week with the emergence of a draft outline agreed upon by two major players in the effort, the Massachusetts...
Most Midsize Cars Fail Side Impact Safety Test
Apr 20 2004 // The Toyota Camry and Honda Accord equipped with optional side airbags are the only inexpensive midsize cars to earn good ratings in side impact crash tests conducted by the Insurance Institute for Highway Safety. The...
Arkansas AG: Think Twice About Scooters, ATVs
Apr 20 2004 // Attorney General Mike Beebe is asking Arkansans to think carefully before purchasing scooters, small all-terrain vehicles (ATVs) or small utility vehicles. Many of the purchasers of these scooters and small ATVs are...
Mass. Gov. Vows Action on Auto:
Apr 19 2004 // Gov. Mitt Romney vowed to introduce a plan to introduce competitive rating and modify the subsidies good drivers now pay in the Massachusetts auto system. Romney said his plan would include changes to the residual market...
Automakers’ Product Could Help Prevent Drowsy-Driving Crashes
Apr 19 2004 // Volvo is trying to retain its image as a leader in safety with new technology designed to help drowsy drivers. Volvo and its owner, Ford Motor Co., released results of a study on the problem at the New York Auto Show and...
ISO Symbols Rate Liability By Make and Model
Apr 19 2004 // Insurance Services Office, Inc. (ISO) has introduced a personal auto rating program carriers can use to tailor the cost of insurance for bodily injury and property damage liability and no-fault/medical payments coverage...
2 MICH. AUTO INSURERS FACE PENALTIES FOR LATE DATA:
Apr 19 2004 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters said that two insurance companies that failed to submit information requested through an auto insurance data call by March 15 now face...
Reports Find Wide Range of Auto Rates Across U.S.
Apr 19 2004 // Two recently released studies on trends in automobile insurance rates show a wide variation in the costs for coverage across the nation. At first glance, they also seem to show a big discrepancy in their findings. It turns...
Springtime Means Rain, Hail and Tornadoes in South Central States
Apr 19 2004 // Spring is here and with it comes unstable weather conditions that can cause problems for consumers and agents alike in the South Central region of the United States. As if ushering in the season, insurers and insurance...
COLORADO LEGISLATURE PRESERVES ACCESS TO MOTOR VEHICLE REPORTS:
Apr 19 2004 // The Colorado Legislature defeated a bill (SB-52) that would have kept Motor Vehicle Reports (MVRs) confidential for up to the first six points of driving violations, according to the American Insurance Association (AIA)....
HAWAII NOT TO PURSUE STUDY ON AUTO REPAIR SHOP OWNERSHIP RESTRICTIONS:
Apr 19 2004 // A resolution that calls for a study of the need to prohibit insurance companies from owning auto repair facilities was deferred indefinitely following a hearing on the issue in Honolulu recently. Senate Concurrent...
Calif. “Insider” Conspirators Arrested
Apr 19 2004 // Insurance Commissioner John Garamendi announced the arrests of nine suspects by the California Urban Auto Fraud Task Force for embezzlement, conspiracy and tax evasion in connection with an “insider” insurance...
Mass. Streamlines and Equalizes Agents’ Access to CAR’s Commercial Auto High Risk Operation
Apr 17 2004 // The Massachusetts auto insurance industry is streamlining the way it handles high risk commercial auto risks by reducing the number of servicing carriers involved in handling them and equalizing access to the residual...
Calif. AGO’s Report Shows Jump in Auto Theft
Apr 16 2004 // While violent crimes showed a decrease, California Attorney General Bill Lockyer announced that preliminary statistics show property crimes rose 2.8 percent in the state’s most populous cities and counties in...
Fla. Hires Prosecutor to Help Combat PIP Fraud
Apr 15 2004 // Florida’s Chief Financial Officer and Miami-Dade’s top prosecutor are teaming up to combat auto insurance fraud, which reportedly costs Florida families as much as $250 annually. CFO Tom Gallagher, who oversees...
G.J. Sullivan Co. Offers A New Market for Auto Dismantling and Repossessors
Apr 14 2004 // G.J. Sullivan Co. (http://www.gjs.com/e&s), a Southern Calif.-based program manager and wholesaler, announced a new market for auto dismantlers and repossessors that will provide admitted paper with A.M. Bests...
