Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
N.Y. Officials Announce Indictments of Auto Body Shop Insurance Fraud Ring
Aug 14 2003 // Queens District Attorney Richard A. Brown, joined by Police Commissioner Raymond W. Kelly and New York State Insurance Department Superintendent Gregory V. Serio, announced that the owner, manager and employees of a Far...
IBC Cautions PEI Auto insurance Reforms Must Limit Regulation to Control Costs
Aug 13 2003 // The Insurance Bureau of Canada gave cautious approval to measures proposed by the government of Prince Edward Island (PEI) to address rising auto insurance claims costs, calling them a “positive step...
Mercury to Travel N.J.’s Roads to Auto Competition
Aug 8 2003 // Thursday’s announcement by Governor James McGreevey that Mercury General will begin selling automobile insurance in the Garden State confirms that the strong and positive message sent by the recent passage of the New...
Ohio Casualty’s Earnings Down $2.1 Million From Year Ago
Aug 8 2003 // Fairfield, Ohio-based carrier Ohio Casualty Corp. announced second-quarter net income of $11 million, or 18 cents per diluted share, down from a year ago’s $13.1 million, or 21 cents per diluted share. The company...
Florida-based agency specializing in Collector Vehicle insurance now offers program in 44 states
Aug 5 2003 // Florida-based agency specializing in Collector Vehicle insurance now offers program in 44 states Stuart, Florida — American Hobbyist Insurance has become a national player in the collector vehicle insurance niche,...
Florida-based agency specializing in Collector Vehicle insurance now offers program in 44 states
Aug 5 2003 // American Hobbyist Insurance has become a national player in the collector vehicle insurance niche, with program availability in 44 states and additional state filings pending. The agency offers low “collector”...
Illinois Latest to Toughen Penalties Against Uninsured Motorists
Aug 4 2003 // Illinois drivers cited three times by police for driving without proof of the mandated auto liability policy will now have their drivers’ licenses revoked, while uninsured motorists involved in an accident that...
Ark. Average Auto Rates Reportedly Lower than Most Surrounding States
Aug 1 2003 // Arkansas Insurance Commissioner Mike Pickens announced the existence of a lower auto rate in Arkansas than in all surrounding states, with Tennessee being the state of exception. Arkansas ranked 33rd in 2001 for the...
Florida Auto Dealer Charged with Fraud
Jul 31 2003 // The Florida Department of Financial Services announced that Michael Bander, of Pensacola, former owner of Everyone Rides Car, Truck and SUV Center, is facing charges of organized fraud, theft, retail installment sales...
N.C. Auto Rates Drop to Ninth-Lowest in U.S.
Jul 31 2003 // The North Carolina Department of Insurance noted that a report released by the National Association of Insurance Commissioners (NAIC) indicates that North Carolina has the ninth lowest auto insurance rates in the nation,...
New Study Reportedly Shows Lack of Reform is Corrupting N.Y. Auto System
Jul 31 2003 // The Alliance of American Insurers reports that a recently completed new study shows that a lack of anti-fraud safeguards in New York State’s auto insurance system has caused New Yorkers to develop more permissive...
Alliance Again Characterizes NAIC Report on N.J. Auto Costs as ‘Misleading’
Jul 30 2003 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums is “at best a misleading barometer of who pays how much for car insurance in New Jersey,” according to...
National American Ins. Co. to Focus on Non-Standard Personal Auto
Jul 30 2003 // Rancho Dominguez, Calif.-based National American Insurance Company of California, the primary insurance subsidiary of Danielson Holding Corporation, announced its decision to focus exclusively on the California...
2002 USDOT Results Reportedly Show Need for Crash Prevention
Jul 29 2003 // The dramatically mixed results of the most recent U.S. Department of Transportation’s National Highway Traffic Safety Administration (USDOT) survey showing historic lows in crash-related injuries and historic highs...
Texas AG Reports Auto Repair Refund Deal with Farmers
Jul 29 2003 // According to Texas Attorney General Greg Abbott, the state has reached a settlement with Farmers Insurance Group that requires the company to refund an estimated $2.4 million to about 13,000 Texas motorists who may have...
Profitable Performance by Safeco’s Auto and Group Lines Drives Q2 Results
Jul 28 2003 // Profitable performance of its Auto and Group stop-loss medical insurance lines drove Safeco’s second-quarter results as the company reported net income of $111.9 million, or $0.81 per diluted share. This compares...
Insurers See Mixed Results in 2003 Legislation Affecting Motorcycle Insurance
Jul 25 2003 // As the public’s interest in motorcycle riding has reportedly grown over the last decade, so has insurance company interest grown in meeting the needs of this segment of the marketplace. According to the Motorcycle...
Farmers Lowers Kan. Auto Rates, Not Homeowners
Jul 25 2003 // An earlier Insurance Journal story incorrectly reported that Farmers Insurance Group was reducing homeowners rates in Kansas, when in actuality it was lowering auto rates. The story was based on an erroneous statement...
London American Has Four Markets for Commercial Auto
Jul 25 2003 // London American has available up to four markets for commercial auto in California. Classes include: Contractors, Retailers, Wholesalers and manufacturers. The markets offer light to extra heavy units with local to...
Zurich N.A. Enhances Small Biz Agents Web Site
Jul 23 2003 // Schaumburg, Ill.-based Zurich North America has announced enhancements to the automobile risk processing, risk processing tools and documents sections of its eZSB website for agents that write business for small...
