Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Independent Liquidators Set Up Run-off Vehicle
Aug 29 2001 // The provisional liquidators at PricewaterhouseCoopers, Mark Batten and Daniel Schwartzmann, announced that they have established Aurora Corporate Services as a wholly-owned subsidiary of Independent Insurance to act as a...
Insurers Slow to Meet State Auto Liability Reporting Requirements
Aug 29 2001 // It doesn’t matter how much advance notice they get from the state motor vehicle departments — many insurance companies hold off until the last minute before considering how they will comply with automobile...
Latin American Agents Association Joins the National Auto Agents Alliance
Aug 29 2001 // At its Board meeting in Atlanta, Ga., the National Auto Agents Alliance (NAAA) accepted an application for affiliation from the Latin American Agents Association (LAAA). The LAAA is a three-year-old organization...
New Fuel Added to the Fire Over NJ Auto Rates
Aug 28 2001 // The battle over New Jersey’s auto insurance rates and regulations, which began when State Farm Indemnity, the largest writer in the State, announced its intention to withdraw from the market, continues to rage as the...
Politics Can Lead to Bumps in the Road for Auto Insurance
Aug 27 2001 // Overregulation in the auto insurance industry may be an accident that has already happened in some states; but regulators can look to other states as examples of how regulatory requirements can be uniform and yet flexible...
Mercury Requests Additional Auto Rate Hike
Aug 24 2001 // According to the Los Angeles Times, Mercury General Corporation has made filings with the California Department of Insurance requesting an additional 4.9 percent to 6.9 percent increase in auto rates, depending on the type...
Esurance Teams with Patelco to Launch Integrated Online Auto Loan and Insurance Platform August 23,
Aug 23 2001 // Esurance Inc., a nationwide direct-to-consumer personal auto insurance provider and subsidiary of Folksamerica Holding Company Inc., along with San Francisco-based Patelco Credit Union, announced the launch of the first...
N.Y. to Require Speedier Processing of Injury Claims After Auto Accidents
Aug 13 2001 // The New York Insurance Department is taking a major step to help reduce insurance fraud by adopting a regulation requiring speedier processing of injury claims after an auto accident, according to the NAII. According to...
IS AUTO MARKET OVERREGULATED’
Aug 13 2001 // The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven approach to oversight, Independent Insurance Agents of America (IIAA)...
On a Collision Course with the Law
Aug 13 2001 // Investigators from the CDI Criminal Investigations Branch’s Fraud Division arrested Julian Tafolla, 20, of Riverside, on two felony counts of insurance fraud and one misdemeanor count of leaving the scene of an...
AIA Disagrees with NY Assembly’s Refusal to Extend Insurance Laws
Aug 9 2001 // The New York State Assembly’s decision to allow crucial sections of the state insurance law to expire is bad news for consumers, according to the American Insurance Association (AIA). These actions cancel the few...
Farmers Introduces New Parents Program in Utah
Aug 3 2001 // Farmers Insurance Group of Companies announced a special discount program for new parents in the state of Utah. New parents will be eligible to earn discounts on auto insurance. Farmers has also arranged for new parents to...
Travelers to Resume Writing New Commercial Auto and Umbrella Business in Ohio
Aug 2 2001 // Travelers Insurance announced it will re-enter the Ohio insurance marketplace for new commercial auto and umbrella business with the enactment of the “Uninsured/Underinsured Motorist Availability Act of...
IIAA Tells Congress Auto Insurance Over-Regulated in Certain States
Aug 2 2001 // The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven approach to oversight, Independent Insurance Agents of America (IIAA)...
Conning & Co. Study Says Auto Insurers are Paying Closer Attention to Credit Scores
Aug 2 2001 // Auto insurers are looking at more than a consumer’s driving record when determining rates; they are also examining how drivers manage their finances, according to a recent Conning & Company study. Auto insurers...
Auto Insurer Must Return Profits
Jul 31 2001 // New Jersey auto insurer the Prudential Group was ordered last week to refund $25.1 million on 325,000 auto policies in the state because the company’s auto business received more profit than the law allows. The...
Yuba City Man Arrested on Charges of Insurance Fraud
Jul 30 2001 // Investigators from the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested a Yuba City man on seven felony counts of insurance fraud, grand theft and attempted grand...
Three Modesto Residents Arrested for Staged Auto Insurance Fraud
Jul 25 2001 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested three Modesto residents on charges of insurance fraud. Johnny B. Slefo, 42, Wylet G. Slefo, 42...
Judge Decides in AIG’s Favor in Dispute over Auto Insurance Rates
Jul 25 2001 // An administrative law judge found in favor of American International Group, Inc. (AIG) subsidiary American International Insurance Company of New Jersey (AIIC), on eight of ten issues in a dispute with the New Jersey...
SAFECO Announces Changes to Create Long-term Earnings, 2Q Results Affected by Severe Weather
Jul 24 2001 // Investigators from the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested a Yuba City man on seven felony counts of insurance fraud, grand theft and attempted grand...
