Latest Auto Headlines

All the headlines from our Auto Topic Page, ordered by recency.

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...

NAII Opposes RI Insurance Legislation

Feb 28 2002 // Gerald L. Zimmerman, senior counsel for the National Association of Independent Insurers, said that several insurance-related bills scheduled to be considered by the Rhode Island Senate Corporations Committee would stifle...

AAI Objects to Changes in Calif. Auto Rate Rules

Feb 27 2002 // Proposed changes to the way California allows insurers to compute auto insurance rates will result in a return to a confusing system that generates arbitrary rates, to the ultimate detriment of consumers, according to the...

Illinois Insurance Department Releases Credit History Survey Results

Feb 25 2002 // Illinois Director of Insurance Nat Shapo announced the release of the results of a survey on the use of consumers’ credit histories by the Illinois property and casualty insurance industry. In response to public...

PIFC TESTIFIES ON SALVAGED VEHICLES

Feb 25 2002 // The California Senate Insurance Committee convened a hearing with member companies of the Personal Insurance Federation of California (PIFC) to discuss how auto insurers are complying fully with state vehicle code laws...

CDI RELEASES AUTO PREMIUM SURVEY

Feb 25 2002 // The California Department of Insurance (CDI) announced the latest edition of the Automobile Insurance Premium Comparison Survey on its Web site at www.insurance.ca.gov. The new survey provides a baseline of premium...

Truck Dealers

Feb 25 2002 // Nuts & Bolts: Myers Benner has available a truck dealers program. Available on a brokerage basis. Dollars: Minimum premiums of $25,000. Carrier: Admitted. Rated “A++.” States Available: All. Contact: Brian...

Motorcycles

Feb 25 2002 // Nuts & Bolts: Motorcycle Services is offering a new motorcycle program. According to the company, the program is for all types of motorbikes and offers competitive rates, high limits, great commissions and easy,...

Farmers Asks Auto Shops to Donate to Calderon’s Campaign

Feb 22 2002 // Farmers Insurance has tapped automobile repair shop owners for contributions to Assemblyman Tom Calderon’s campaign for California Insurance Commissioner, according to the Associated Press. Farmers sent letters out a...

Plymouth Rock Enters Conn. Auto Market

Feb 19 2002 // Boston’s Plymouth Rock Assurance Corp. recently received approval from the Connecticut Insurance Department to begin writing personal automobile insurance in the neighboring state. The company is in the process of...

Neb. Committee Kills Bill on Reporting Auto Insurance Cancellations

Feb 15 2002 // A Nebraska legislative committee killed a bill Feb. 13 that would have required insurers to report all auto insurance cancellations to the state. National Association of Independent Insurers (NAII) Counsel Ann Weber...