Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Ohio February Winter Storm Losses Less Than Expected
Mar 17 2003 // Preliminary estimates from February’s snow and ice storms that hammered 16 states from the Mid-Atlantic to New England caused less than $20 million in insured losses in Ohio, according to the Ohio Insurance Institute...
PIACT Urges CT General Assembly to Oppose Reduced Benefit Auto Insurance Program
Mar 17 2003 // Professional Insurance Agents of Connecticut President James Pascarella, urged the Insurance & Real Estate Committee of the Connecticut General Assembly to oppose Raised Senate Bill No. 1084 during a public hearing on...
PIANJ Issues Open Letter Urging St. Patrick’s Day Demonstrations for Auto Reform
Mar 13 2003 // The Professional Insurance Agents of New Jersey Inc. has joined with the Coalition for Auto Insurance Competition to urge its members to attend a rally in Trenton next Monday, March 17, and to let legislators know their...
NAII Leads Effort for ‘Best Practices’ List on Personal Lines Auto
Mar 12 2003 // With some regulators reportedly intent on removing personal lines regulatory modernization from their agenda, the National Association of Independent Insurers (NAII) offered to lead an industry effort to review personal...
Insurance Bureau of Canada Says Industry Reached a “New Low” in 2002
Mar 12 2003 // Borrowing a phrase from Britain’s Queen Elizabeth the Insurance Bureau of Canada labeled the year 2002 an “Anni horribiles” as it reported that the financial results for the country’s P/C insurers...
NYSID Announces Top 10 ‘Rotten Apples’ for 2002
Mar 12 2003 // Gregory V. Serio, the Superintendent of the New York State Insurance Department, has announced the “Top 10 list of worst cases of insurance fraud in New York State during 2002.” The “winners” were...
Motorcycle, ATV
Mar 12 2003 // Nuts & Bolts: American Reliable Insurance Company is launching a competitive market for both standard and non-standard motorcycle risks. The program will be marketed through select General Agencies, and Independent...
Alabama to Host Auto Rate Hearings
Mar 11 2003 // The Alabama Department of Insurance recently announced two rate hearings for private passenger automobile insurance. The first will be held March 25 and the second on April 1. The March 25 public hearing will address the...
Calif. Man Arrested for Auto Insurance Fraud
Mar 10 2003 // Samuel Tufino Machado, 22, also known as Salvador Castaneda, was arrested and booked into the Sacramento County Jail on two felony counts of insurance fraud with special allegations that the crimes were committed while he...
New Swiss Re Technical Publication Issued for Calculating Claims Ratio in Third Party Auto Liability Insurance
Mar 10 2003 // Swiss Re announced that it has published a new brochure on the “Pricing of motor quota share treaties,” which will give brokers and insurers a guide on “how premiums can be profitably priced in ther...
Arrests for Insurance Fraud and Grand Theft
Mar 10 2003 // Two men were arrested and charged with felony insurance fraud and grand theft after being investigated by the Special Investigation Unit within State Farm Insurance and the California Department of Insurance (CDI) Fraud...
InsWeb Index Reveals Auto Ins. Rates Increase in 2002
Mar 7 2003 // InsWeb Corp. announced the updated results for its Auto Insurance Index based on fourth quarter 2002 data. The Index is designed to identify and track general pricing trends of personal auto insurance. According to data...
Truck Driver Charged in $78,500 Workers’ Comp Fraud
Mar 7 2003 // New York State Insurance Department Superintendent Gregory Serio, Queens District Attorney Richard Brown, and New York State Workers’ Compensation Fraud Inspector General John Burgher Jr., announced that a truck...
AIA Says N.Y. No-Fault Auto Reform Won’t Work
Mar 5 2003 // The New York State Assembly Majority’s no-fault auto insurance reform proposal seeks to improve the marketplace by creating a new bureaucracy, an approach that will not work, according to the American Insurance...
Two Bills Up for Hearing in N.H. House Commerce
Mar 4 2003 // Two significant insurance-related bills are up for hearing this week in the New Hampshire House Commerce Committee. “These two bills couldn’t be more contradictory,” Gerald Zimmerman, senior counsel for...
State Auto Financial Earns $19.3 Million in Fourth Quarter
Mar 3 2003 // State Auto Financial Corp. reported fourth-quarter net earnings of $19.3 million, or 49 cents per share, compared to 27 cents per share for the year-earlier quarter. Net operating earnings for the quarter were 40 cents per...
Coalition Says N.J. Drivers Have Fewer Choices
Feb 27 2003 // New Jersey’s insurance crisis reportedly took yet another turn for the worse Wednesday when the New Jersey Department of Banking and Insurance allowed New Jersey Manufacturers Insurance Group, the state’s...
Federal Officer Charged With Torching Truck in Fla. Scam
Feb 27 2003 // A Gulf County, Florida man who happens to be a federal law enforcement officer, was arrested for setting his 1999 Chevrolet Z71 truck allegedly in order to collect insurance money. According to the Florida Department of...
ConfirmNet Unveils Auto ID Card Service
Feb 24 2003 // ConfirmNet Corporation, a supplier of online solutions for insurance certificate management, introduced an ID card service for agents and brokers to offer to businesses with vehicle fleets. Policyholders can request auto...
PIANJ Says Auto Market Problems Stem from Availability
Feb 24 2003 // David Madara, president of the Professional Insurance Agents of New Jersey Inc., told the Assembly Banking and Insurance Committee at the state house in Trenton last week that reforms to New Jersey’s ailing...
