Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Nonstandard Auto
Jul 22 2002 // Nuts & Bolts: Viking Insurance of Madison, Wis., is reintroducing its Viking brand of nonstandard auto insurance. Characteristics of the Viking auto insurance product include shorter policy terms, (30 days typically),...
Palm Springs Man Sentenced to 5 Years
Jul 22 2002 // James Keith Simpson, of Palm Springs, was sentenced to five years in state prison by the Indio Superior Court, after pleading guilty to one count of insurance fraud. He was also ordered to pay $11,128.84 in restitution to...
Body Shop Goes Belly-Up for Fraud
Jul 22 2002 // An investigation by the California Bureau of Automotive Repair (BAR), the Kings County District Attorney’s Insurance Fraud Unit, and the CDI Criminal Investigations Branch’s Fraud Division led to the conviction...
La. Auto Rates Rising
Jul 22 2002 // Citing increasing medical and repair costs, a weak stock market, and the effects of state laws enacted in 1998, Louisiana insurance regulators anticipate a rise in auto rates in their state. The Times-Picayune reports that...
Insurance Auto Auctions Makes Mo. Acquisition
Jul 19 2002 // Illinois-based Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services in the United States, acquired Southern Missouri Insurance Pool, Inc., a 27-acre operation located in...
Auto Theft Charges Brought Against Pair of Fla. Men
Jul 19 2002 // The Florida Office of Statewide Prosecution has charged Ramy Vaserman and Joseph Korinek with five counts each of grand theft after the two allegedly bought 31 cars at auto auctions using bad checks. An investigation by...
Calif. Authorities Bust Major Auto Fraud Ring
Jul 18 2002 // In its largest bust to date, the Los Angeles County Organized Auto Fraud Interdiction Task Force and 120 law enforcement officers and investigators executed arrest warrants July 16 for 28 individuals charged with insurance...
ISO Integrater Expanded to Include Commercial-Auto Rating Information
Jul 17 2002 // Insurance Services Office, Inc. (ISO) has expanded ISO IntegRater™ to deliver commercial-auto advisory loss costs and rating factors so insurers can directly incorporate the information into their rating and...
New Market: Nonstandard Auto
Jul 12 2002 // Viking Insurance of Madison, Wisconsin is reintroducing its Viking brand of nonstandard auto insurance. Characteristics of the Viking auto insurance product include shorter policy terms (typically 30 days), low down...
State Farm: No New LA. Auto Policies
Jul 8 2002 // Indicating it is seeking a 16 percent rate increase for auto policies in Louisiana, State Farm Insurance Co. has stopped writing new auto policies in that state. The company estimates that the rate increase would generate...
State Farm: No New LA. Auto Policies
Jul 8 2002 // Indicating it is seeking a 16 percent rate increase for auto policies in Louisiana, State Farm Insurance Co. has stopped writing new auto policies in that state. The company estimates that the rate increase would generate...
AIA Says Inaccurate Motor Vehicle Records Increase Premiums for Good Drivers, Jeopardize Highway Saf
Jul 2 2002 // Inaccurate, incomplete motor vehicles records (MVRs) not only compromise highway safety and force good drivers to subsidize bad drivers, they also cause insurers to rely on other methods to fully assess individual driver...
Minn. Commissioner Levies Charges Against State Farm
Jul 1 2002 // Minnesota Commerce Commissioner Jim Bernstein is charging State Farm Fire and Casualty Company and State Farm Mutual Automobile Insurance Company with more than 13,000 violations of Minnesota insurance law. Based on a...
Coalition Supports Bill to Reform NJ Auto Insurance Regs
Jun 28 2002 // After months of discussion, and a last minute compromise which assured that State Farm will continue in New Jersey’s automobile insurance market for at least the next three years, Legislators have finally introduced...
New Market: Arrowhead of Texas Offers Commercial Auto Program
Jun 28 2002 // Arrowhead General Insurance Agency of Texas Inc. has a new commercial automobile program for Texas agents. Target classes include artisan contractors, wholesale/manufacturing/industrial, heavy construction, local and...
Former Calif. Teacher Arrested for Alleged Auto Fraud
Jun 27 2002 // Jeremy Christian Brickner, 25, of Sacramento, was arrested and booked into the Sacramento County Jail on one count of insurance fraud. The arrest was the result of an investigation by the California Department of Insurance...
NJ, State Farm Agree to Delay Withdrawal for 3 Years
Jun 26 2002 // State Farm Indemnity, New Jersey’s largest auto insurer with around 735,000 policyholders, has reached agreement with the governor and the NJ Department of Banking and Insurance (DOBI) to delay its withdrawal from...
Warrantech Inks Five-Year Vehicle Service Deal with Royal & SunAlliance USA
Jun 25 2002 // Warrantech Corporation, a provider in administering service contracts and extended warranties, has signed a five-year agreement with Royal & SunAlliance USA, the U.S. operation of London-based Royal & SunAlliance...
State Farm Ceases Writing New La. Auto Policies
Jun 25 2002 // State Farm Insurance Co. announced it would stop writing new auto policies in Louisiana, and would also request a 16 percent rate increase to generate more than $150 million to offset losses. According to A.M. Best and The...
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...