Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
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...
Mass. Fraud Task Force Targets Two Cities
Apr 13 2004 // In a targeted effort to reduce the number of fraudulent auto insurance claims that drive up premium costs for residents of Springfield and Holyoke, Mass., a task force has been formed that combines the resources of the...
Liberty Mutual, BMW Car Club of America Foundation, and BMW Dealers Seated Together to Save Teen Lives
Apr 13 2004 // The BMW Car Club of America (BMW CCA) Foundation has announced a partnership with Liberty Mutual Group and BMW dealers throughout the U.S. designed to save the lives of teen drivers. Through the BMW CCA Foundation’s...
N.J. Dollar-a-Day Policy Sales Top 1,500
Apr 8 2004 // The number of drivers enrolled in the Dollar-a-Day auto insurance program in Nw jersey has surpassed 1,500, just six months after it was launched to help uninsured drivers with limited means get affordable auto insurance,...
Hawaii Not to Pursue Study on Auto Repair Shop Ownership Restrictions
Apr 7 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...
ING (Canada) Supports New Brunswick Auto Reforms
Apr 7 2004 // ING Insurance, the leading automobile insurer in the Canadian Province of New Brunswick, indcated that drivers there could reap more substantive savings than those offered by the Select Committee on Public Automobile...
N.J. Governor Again Hails Auto Improvements
Apr 7 2004 // New Jersey Governor James E. McGreevey and Commissioner Holly C. Bakke are celebrating what they say are two milestones on the road to a consumer-directed auto insurance marketplace – more than $100 million returned...
N.J. Couple Driven to Auto Accident Settlement Monies Fraud; Managed to Net More Than $25,000
Apr 7 2004 // New Jersey Attorney General Peter Harvey announced that a former Middlesex County-based insurance company employee and her boyfriend have been charged by the Division of Criminal Justice -Office of Insurance Fraud...
Mass. Gov. Romney Vows Action on Auto Market
Apr 6 2004 // Massachusetts Governor Mitt Romney renewed his call for reform of the state’s auto insurance system yesterday and vowed to introduce a plan to introduce competitive rating and modify the subsidies good drivers now...
Federal Roads Bill Upgrades States’ Driver Safety
Apr 5 2004 // Kevin Jordan is a retired State Highway Patrol trooper who believes that learning how to drive means learning what to do when the brakes lock up. “Many kids don’t get anything more than the basic stuff, and the...
How Healthy is the Mass. Auto Market’
Apr 5 2004 // In a state where independent agents write 80 percent of private passenger auto insurance, agents are worried about attracting more capital. While thinking about this question, consider the following facts: only 19...
Public Auto
Apr 5 2004 // Nuts & Bolts: Glendale, Calif.-based general agent KF&B Inc. announced a new public auto program. The program underwrites charter and sightseeing buses, limousines, tour vans, and various types of shuttle vans....
