Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Amwest Discontinues Commercial Auto Program
Mar 20 2001 // Amwest Insurance Group Inc. announced that it will immediately cease writing new commercial automobile policies. The decision to discontinue this product line follows the company’s plan of reorganization previously...
KINGSWAY ENTERS U.S. AUTO MARKET
Mar 19 2001 // Kingsway Financial Services has entered into an agreement with The Access Group to underwrite private passenger auto insurance in the United States, beginning in Georgia, through its wholly owned subsidiary, Lincoln...
New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market
Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...
UM/UIM Developments
Mar 19 2001 // Insurance covers accidents. In the legal world, we call these “fortuities”, but it all boils down to accidental happenings. First-party insurance, for example property insurance, covers financial losses...
DRAMA in the Nonstandard Arena: The NONSTANDARD AUTO MARKET gets ready for action that will include
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...
Hanging On to Market Share (Sell ‘Em More Stuff)
Mar 19 2001 // As a distribution channel, independent agents are doing a fairly good job of holding down the fort. The Independent Insurance Agents of America recently examined market share among the three channels: direct response,...
CPIA Holds Sales, Marketing Conference in San Diego
Mar 14 2001 // Members of the Certified Professional Insurance Agent Society attended an educational National Sales & Marketing Education Conference March 7-10 in San Diego. With a smaller-than-anticipated turnout, attendees had the...
DRAMA in the Nonstandard Arena
Mar 12 2001 // The NONSTANDARD AUTO MARKET gets ready for action that will include increased RATES, risking LOSSES and overall market VOLATILITY. The nonstandard auto market enjoyed above-average growth and profitability across the...
Western Motorcycle Market Cruises Along
Mar 12 2001 // In at least one way, there is a strong parallel between learning to ride a motorcycle and insuring motorcycle operators. For the novice rider, the first 90 days of vehicle ownership is an especially risky period for...
Hanging On to Market Share (Sell ‘Em More Stuff)
Mar 12 2001 // As a distribution channel, independent agents are doing a fairly good job of holding down the fort. The Independent Insurance Agents of America recently examined market share among the three channels: direct response,...
Kingsway To Offer Private Passenger Auto Insurance in U.S.
Mar 8 2001 // Kingsway Financial Services has entered into an agreement with The Access Group to underwrite private passenger auto insurance in the United States, beginning in Georgia, through its wholly owned subsidiary, Lincoln...
Liberty Mutual Assists in Probe of Car Theft Ring
Mar 6 2001 // Liberty Mutual Insurance Co. lent its cooperation in an investigation, conducted by the Westchester district attorney’s office, the Westchester County Dept. of Public Safety, the New York State Police and the New...
Fireworks at the Capitol
Mar 5 2001 // Commercial auto deregulation was supposed to be a yawner for the 77th Legislature. Sure, there was opposition, but with the Texas Department of Insurance backing the measure, no one could have expected the fireworks...
Progressive Survey Finds Agents Still in the Driver’s Seat
Feb 27 2001 // Results of an extensive countrywide survey by Progressive Insurance show that while people ages 18 to 34 were more likely to use the Internet to purchase auto insurance than people ages 35 to 64, a majority of consumers...
Commercial Auto-The LONG Road Back to Profitability
Feb 19 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Contractors’ Equipment Losses: Knowledge of Hazards Can Reduce Risk
Feb 19 2001 // Contractors and operation managers run a risky business. One area that is often overlooked is equipment security. Theft, vandalism or malicious mischief represent more than one-third of all losses to contractors’...
NAFTA Panel: U.S. in Violation of Treaty
Feb 19 2001 // On Feb. 6, a North American Free Trade Agreement arbitration panel upheld an interim ruling opening the United States border to Mexican trucks. Many in the insurance industry say they will cautiously review the changes the...
Colorado Auto Bill Defeated in House
Feb 14 2001 // A bill that would have created special insurance coverage for low-income Colorado drivers was defeated on the House floor. H.B. 1089 would have established a reduced-limits auto policy for low-income consumers, similar to...
Commercial Auto: The Long Road Back to Profitability
Feb 12 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Contractors’ Equipment Losses: Knowledge of Hazards Can Reduce Risk Prevention tips from the Inland
Feb 12 2001 // Contractors and operation managers run a risky business. One area that is often overlooked is equipment security. Theft, vandalism or malicious mischief represent more than one-third of all losses to contractors’...
