Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Insurance Auto Auctions Opens Greenfield Facility in Tucson
Jan 21 2004 // Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, announced the opening of a new greenfield facility in Tucson, Ariz. This new 16-acre facility will provide...
Toronto-Dominion Bank to Buy Liberty Mutual Auto and Home Units
Jan 21 2004 // Toronto-based Meloche Monnex, a subsidiary of Toronto-Dominion Bank, has agreed to acquire Liberty Mutual Group’s Canadian automobile and homeowner insurance operations for an undisclosed price. When the acquisition...
PIANJ offers DOBI Suggestions on Proof of Auto Ownership
Jan 21 2004 // The Professional Insurance Agents of New Jersey Inc. said in a comment to the state’s Department of Banking and Insurance, that it supports attempts to remedy confusion about rules for effecting coverage for auto...
NAMIC Applauds Mass. Governor’s Call for Auto Insurance Reform
Jan 20 2004 // The National Association of Mutual Insurance Companies has issued a bulletin applauding Governor Mitt Romney’s call for reform of the Massachusetts automobile market. In his State of the State address, the governor...
N.J. Auto Profits’ IIANJ Disputes Findings
Jan 19 2004 // Statistics released by the National Association of Insurance Commissioners last week, have received widespread coverage in New Jersey. They seem to show that, contrary to industry statements, the state’s auto...
Esurance Announces New N.Y. Auto Coverage
Jan 19 2004 // Esurance Inc., a direct-to-consumer personal auto insurance company, will give New York drivers another option to consider when shopping for auto insurance. The company, a subsidiary of White Mountains Insurance Group,...
NYS Senate to Hold Auto Fraud Hearing
Jan 19 2004 // The New York State Senate Insurance Committee plans to hold a hearing Feb. 9 on New York’s auto insurance fraud problem. Fraud investigators and the insurance department are expected to testify on how staged...
IRC Study Reports Skyrocketing Auto Injury Losses Despite Drop in Serious Injuries
Jan 19 2004 // A new study by the Insurance Research Council (IRC) reportedly finds that reported losses in auto injury claims are escalating in spite of the fact that the rate of serious auto injuries has decreased. In the past five...
PCI Says Competition Only Solution to Mass. Auto Dilemma
Jan 16 2004 // The Property Casualty Insurers Association of America has recommenced its attack on the restrictive Massachusetts auto market, noting that just as the number of companies writing private passenger auto insurance in the...
PIANJ Offers Suggestions on Auto Application Requirements
Jan 15 2004 // The Professional Insurance Agents of New Jersey has commented on the proposed changes to the rules for effecting coverage of private passenger automobile insurance by the state’s Department of Banking and Insurance...
Survey: New Car Owners Know Little About Insurance Coverage
Jan 14 2004 // A recent national survey by the Mayfield Village, Ohio-based vehicle insurer Progressive found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it,...
The Jacobson Group Places Remmells at W. Va. National Auto Insurance Co.
Jan 13 2004 // The Jacobson Group assisted another insurance organization in its quest for talent by placing David Remmells, as Chief Financial Officer at West Virginia National Auto Insurance Company of Morgantown, W.Va. “We have...
DM&A to Handle Claims for New Calif. Auto Program
Jan 13 2004 // Los Angeles-based claims administrator David Morse & Associates will be handling all claims for a new non-standard auto insurance program being sold in California by Sun Coast General Insurance Agency. As part of the...
PIANJ President Comments on Progress of N.J. Auto Reforms
Jan 12 2004 // PIANJ President John D’Agostino Jr., CIC, joined Holly Bakke New Jersey’s Department of Banking and Insurance Commissioner, and other industry representatives at Governor James E. McGreevey’s press...
Commercial Auto Program
Jan 12 2004 // Nuts & Bolts: Cascade/Amstar is offering a commercial auto program for any size truck. Dollars: $500 minimum deductible for liability, $250 minimum for physical damage. Policy limits of up to $1 million CSL. Carrier:...
Has the N.J. Auto Market Seen the Last of 30 Years of Mismanagement’
Jan 12 2004 // Last month the National Association of Independent Insurers issued a bulletin, which described New Jersey’s auto insurance market as “once the nation’s poster child for the dangers of over...
MASS. AUTO RATES NEED REFORM:
Jan 12 2004 // Auto rates in Massachusetts are expected to average $1047 in 2004, up from $936 in 2001, and political leaders say they are willing to consider whether competition can hold down costs better than the state’s unique...
PENN. AUTO TORT DIFFERENTIAL SET:
Jan 12 2004 // Pennsylvania drivers who choose the limited tort system are entitled to save up to 40 percent off their bodily injury, first party benefits and uninsured/underinsured motorist coverage, according to state officials. The...
COURT OF APPEALS LARGELY UPHOLDS N.C. COMMISSIONER’S ORDER TO REDUCE AUTO RATES:
Jan 12 2004 // North Carolina Insurance Commissioner Jim Long recently received word that the North Carolina Court of Appeals has largely upheld his order in the 2001 auto insurance rate case to force insurance companies to drop rates by...
Miami Clinic Owner, Four Others Arrested in Auto Fraud Scheme
Jan 12 2004 // A Miami clinic owner and four others are in jail on charges of reportedly staging an accident after the clinic owner crashed his Humvee into two other cars in a scheme to collect insurance payments, according to...
