Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Minn. Senate Passes Glass Repair, Fraud Unit Bills
Mar 21 2002 // Incentives such as “free” steaks, that drive up insurance costs for auto glass repairs may soon be history in Minnesota if the legislature can reconcile the differences in the House and Senate versions of House...
Rutgers Study Finds NJ Auto Insurance Laws Fundamentally Flawed
Mar 20 2002 // A study by John D. Worrall, professor and chair of economics at Rutgers University – Camden, concludes that “New Jersey’s auto insurance laws are fundamentally flawed, guaranteeing an inefficient and...
Divorce Leads Calif. Man to Fraud Arrest
Mar 19 2002 // On March 12, 2002, investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested Jamel Hassan Nichols, 33, for insurance fraud. According to investigators,...
Toyota Camry Makes It Five Years in a Row As Most Stolen Vehicle
Mar 19 2002 // The Toyota Camry has made it five-for-five, ranking in 2001 as tops on the target list of auto thieves, according to a report from CCC Information Services Inc. It was the 1991 model Camry that captured the No. 1 slot...
CDI Commissioner Conserves National Automobile & Casualty Company
Mar 18 2002 // California Insurance Commissioner Harry Low has conserved National Automobile & Casualty Insurance Company as a result of its insolvency. Domiciled in California and headquartered in Pasadena, the company is a wholly...
Col. Auto Choice Bill Passes One Committee,
Mar 18 2002 // The House Business Affairs and Labor Committee approved March 14 House Bill 1351, giving consumers the option of remaining under Colorado’s no-fault auto insurance law or returning to the traditional tort system. The...
NY Charges 30 in $1.6 Million Stolen Car Insurance Fraud
Mar 13 2002 // The New York State Insurance Department and NYC law enforcement officials announced that 24 car owners and 6 “middlemen” have been charged with participating in a fraud scheme to collect insurance recoveries...
Minn. House Passes Auto Glass Reform Bill
Mar 13 2002 // Minnesota, the most expensive state in the nation to get automobile glass repaired, is advancing legislation aimed at controlling costs. The House recently passed HB 2570, which allows insurers to treat auto glass repairs...
PIANY Opposes Reinstatement of Collision Damage Waivers
Mar 12 2002 // The Professional Insurance Agents of New York State has gone on record as opposing proposed legislation to reinstate collision damage waivers on private passenger vehicle rentals. Collision Damage Waivers (CDWs) –...
Neb. DOI Warns of Fictitious Vehicle Damage Claims
Mar 12 2002 // The Nebraska Insurance Fraud Prevention Division of the state’s insurance department announced it was recently notified of an alleged fictitious vehicle damage fraud scheme involving individuals from New Jersey and...
Minn. Commerce Commissioner Makes Appointments to Auto, Workers’ Comp Boards
Mar 12 2002 // Commerce Commissioner Jim Bernstein recently announced appointments to both the Governing Committee of the Minnesota Automobile Insurance Plan and the Minnesota Workers’ Compensation Insurers’ Association board...
Revolution or Evolution’ The Internet Goes Mainstream
Mar 11 2002 // The insurance industry is notoriously reluctant to change. So it was little surprise that the Internet—a tool that has the power to introduce cost-saving efficiencies into the insurance process for carriers and agents...
A ‘gym dandy’ of a story
Mar 11 2002 // Gerardo “Jerry” Mendez of Parlier was arrested and booked on a $10,000 warrant at the Fresno County Jail on two counts of auto insurance fraud. An investigation by the CDI revealed Mendez allegedly submitted...
Revolution or Evolution’ The Internet Goes Mainstream
Mar 11 2002 // At last, the gap between potential and reality is shrinking as agents explore their online options. The insurance industry is notoriously reluctant to change. So it was little surprise that the Internet—a tool that has...
Revolution or Evolution’ The Internet Goes Mainstream
Mar 11 2002 // At last, the gap between potential and reality is shrinking as agents explore their online options. The insurance industry is notoriously reluctant to change. So it was little surprise that the Internet—a tool that has...
Los Angeles Man Arrested for Alleged Auto Fraud
Mar 8 2002 // The California Department of Insurance Criminal Investigations Branch’s Fraud Division has arrested Keith Aaron Hayes on four counts of auto insurance fraud. Hayes, 48, a resident of Hacienda Heights was arrested...
NAII Says Court Ruling Victory for N.J. Auto Reform
Mar 8 2002 // The New Jersey Appellate Court’s March 4, 2002 decision to uphold the pre-certification medical guidelines of the Auto Insurance Cost Reduction Act of 1998 (AICRA) is a positive step in promoting true auto reform,...
AAI Objects to Calif. Limits on Considering Persistency in Auto Rating
Mar 7 2002 // Alliance of American Insurers has submitted written testimony objecting to proposals by the California Insurance Departments to ban the use of “persistency” as a factor for setting auto insurance...
Insurance Auto Auctions Reports Decreased 4Q Revenues
Mar 5 2002 // Automotive salvage and claims processing services provider, Insurance Auto Auctions Inc., based in Illinois, reported decreased revenues for the fourth quarter 2001, but recorded a $0.6 million operating profit before...
State Auto Financial Announces 4Q Losses, Higher Annual Revenues
Mar 1 2002 // Ohio-based State Auto Financial Corporation, a regional property and casualty insurance holding company reported net losses for the fourth quarter of 2001 and increased revenues for the year. The company, which primarily...
