Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
I.I.I. Reports Auto Rates on the Rise
Sep 8 2003 // Rising costs of medical care, vehicle repair, jury awards, automobile theft and fraud are expected to drive up auto insurance rates by six percent in 2004, according to an analysis by the Insurance Information Institute...
N.C. Auto Body Manager Arrested on Fraud Charges
Sep 3 2003 // North Carolina Insurance Commissioner Jim Long announced the arrest of Jim Goodman, manager, foreman and estimator for USA Custom Paint and Body Shop of Raleigh, N.C., on six counts of making a false statement to procure...
AMS Adds State Auto to List of TransactNOW Clients
Sep 3 2003 // AMS Services, Inc. announced that State Auto Insurance Companies, which services 26 states, has joined TransactNOW(TM), becoming the 17th carrier to participate. Introduced this past March at the AMS National Users’...
Farmers Lowers Ill. Auto Rates
Sep 2 2003 // Direct writer Farmers Insurance Group announced it is reducing auto rates in the state of Illinois. Farmers customers in Illinois will see a rate decrease of 4.2 percent effective Sept. 1. Farmers will also be introducing...
Ontario Auto Insurance Reforms ‘Excellent News’ for Consumers Says IBC
Sep 2 2003 // The Insurance Bureau of Canada lauded the Ontario government’s enactment of the latest package of automobile insurance reforms, indicating that they will help to cut costs and reduce fraudulent claims. The reforms...
CIS Inc. Enters S.C. Non-Standard Auto Market
Aug 29 2003 // Jess Chappell, president and CEO of Savannah, Ga.-based CIS Inc., announced that CIS plans to enter into the South Carolina non-standard auto market by taking over the administration of an already existing...
American Family Ins. Auto Rates to Increase in Nev.
Aug 29 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of American Family Mutual Insurance Company (American Family) for an overall statewide increase of 4.4 percent for private passenger automobile...
AIG Completes Acquisition of GE’s Japan Life and U.S. Auto Business
Aug 29 2003 // American International Group, Inc. announced that “the acquisition of the GE Edison Life Insurance Company in Japan and GE’s U.S.-based auto and home insurance business has been completed, effective...
Alleged Auto Fraud Ring Busted in N.C.
Aug 28 2003 // North Carolina Insurance Commissioner Jim Long announced the arrest of five suspects believed to be part of an extensive auto insurance fraud ring operating in Forsyth and Guilford Counties. Criminal investigators from the...
J.D. Power and Associates Says Auto Premiums Continue Significant Growth, Customer Satisfaction Stable
Aug 28 2003 // Automotive insurance premiums show no sign of leveling off as rates increased an average of 13 percent since 2002, according to the J.D. Power and Associates 2003 National Auto Insurance Study(SM). Despite increasing...
CIS, Inc. announces entry into S.C. non-standard auto market
Aug 28 2003 // CIS, Inc. announces entry into S.C. non-standard auto market 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...
Arch Insurance Names Robert T. Van Gieson President & CEO of Arch London
Aug 27 2003 // Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced that Robert T. Van Gieson has been named to the position of President and CEO of Arch Capital UK Ltd., Arch’s London operation,...
Shepard Announces Offer, State Auto Advises Patience
Aug 25 2003 // Investor Gregory Shepard, who owns approximately 5 percent of Columbus, Ohio-based State Auto Financial Corp., announced a cash tender offer for 8 million of STFC’s almost 13 million public shares for $32 per share,...
N.J. MVC Employee Pleads Guilty in Motor Vehicle Title Scam
Aug 25 2003 // New Jersey Attorney General Peter Harvey announced that a former Motor Vehicle Commission (MVC) supervisor has pled guilty to a charge of official misconduct for reportedly selling a fictitious duplicate motor vehicle...
Oregon Drivers Spend Less than Average for Insurance
Aug 22 2003 // Oregonians spend less than the national average for personal automobile insurance, according to a recent report comparing premiums nationwide. The estimated average expenditure for personal auto insurance in Oregon was...
Cadillac Escalade SUV Drives Off As Top Theft Target, Worst Overall Theft Losses
Aug 22 2003 // According to the latest report from the Highway Loss Data Institute (HLDI), an affiliate of the Insurance Institute for Highway Safety, the Cadillac Escalade SUV has the most frequent theft claims among 2000-02 model...
Kemper Auto & Home Opens New Lackawanna County Facility
Aug 20 2003 // David Yeager, Director of Pennsylvania Governor Edward G. Rendell’s Action Team, participated in a ribbon-cutting ceremony for Kemper Auto and Home, which is moving into a larger Lackawanna County facility. The...
State Auto Boards Appoint Mrozek and Couger
Aug 19 2003 // The boards of directors of Columbus, Ohio-based State Auto Financial Corp. (STFC) and State Automobile Mutual Insurance Co. elected Matt Mrozek and John Couger assistant secretaries of the State Automobile Mutual and State...
NYSID Issues Guidelines on Personal Auto Insurance
Aug 19 2003 // The New York State Insurance Department has issued Circular Letter #12, addressed to “All Insurers Authorized To Write Motor Vehicle Insurance In New York State; Rate Service Organizations; And Insurance Producer...
Uninsured Drivers Travel Under the Radar
Aug 18 2003 // Two things are abundantly clear when it comes to the issue of uninsured motorists: The problem is a big one and it’s nearly impossible to know with any certainty how many uninsured drivers there are on the...
