Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
U.K. AUTO RATES ON THE RISE
Sep 4 2000 // Drivers in the U.K. face automobile insurance premium increases of 25 percent or more within the next 12 months, warned Mintel, a marketing research firm. The average premium in 1999 was £226 ($336). It’s expected...
METLIFE METES A MILLION
Sep 4 2000 // MetLife Auto & Home’s group auto and homeowners insurance program now insures more than one million automobiles and homes countrywide. This major milestone for the MetLife Group Auto and Home Team reaffirms...
AUTO FRAUD ON THE INTERNET
Sep 4 2000 // After becoming aware of a company selling fraudulent auto policies on the Internet, Connecticut Insurance Commissioner Susan F. Cogswell is warning car owners to double-check to ensure that companies are properly licensed...
Mass. AG Promises Push for Auto Rate Cut
Aug 30 2000 // Massachusetts Attorney General Thomas Reilly said yesterday he will push for an auto insurance rate cut in 2001, but said it was premature to discuss how big a decrease is warranted. Rate hearings are scheduled to begin...
Survey Reveals Most Consumers Fail to Shop Auto Insurance
Aug 30 2000 // While most Americans believe it’s smart to shop around when purchasing high-ticket items, few actually do so when it comes to auto insurance, one of the leading annual expenses in most household budgets. Most...
GuideOne to Cut 200 Jobs; To Phase Out Nonstandard Auto, HO Lines
Aug 25 2000 // Des Moines-based GuideOne Insurance will cut 200 local jobs over the next year as the company eliminates three business lines, according to a report by The Des Moines Register. The company employs roughly 1,000 people at...
Big Increases Expected in U.K. Auto Rates
Aug 24 2000 // Drivers in the U.K. face automobile insurance premium increases of 25 percent or more within the next 12 months warns Mintel, a marketing research firm. The average premium in 1999 was £226 ($336); it’s expected to...
MetLife Auto Home Group Sales Top One Million
Aug 17 2000 // MetLife Auto & Home announced that its group auto and homeowners insurance program now insures more than one million automobiles and homes countrywide. MetLife Auto & Home began writing group auto and homeowners...
U.K. Online Bank To Offer Auto Coverage
Aug 16 2000 // Drivers in the British isles will soon be offered another option for their automobile coverage following the announcement by Egg, the U.K.’s biggest online bank, that it will begin offering automobile policies...
Esurance Extends Auto Insurance to New York, Georgia
Aug 14 2000 // Esurance Inc., a quote-to-claims Internet-based provider of personal insurance, announced the expansion of its auto insurance business to 24 states with the addition of New York, Georgia and Oklahoma. Esurance offers auto...
Personal Auto Profits Plummet
Aug 14 2000 // As Losses Top 66 Percent Will Texas Soon Bench the Benchmark System? Personal auto losses increased last year in 35 of 51 markets across the country, making for an average pure loss ratio of 65.6 percent, the highest level...
NAME YOUR PRICE
Aug 14 2000 // Internet retailer Priceline.com and insurer W.R. Berkley Corp. plan to offer car insurance online through a new joint venture called Priceline.com Auto Insurance Agency Inc. The new venture will pay Priceline.com an annual...
Worth Magazine Readers Vote The Hartford Top Auto Insurance Provider
Aug 11 2000 // Readers of Worth, a monthly magazine aimed at an upscale audience, have voted The Hartford the nation’s “best auto insurance” company. The Hartford scored highest of all auto insurers in the...
Aon Unit Lines Up First Car Loan Securitization
Aug 10 2000 // The “DART 2000-1” offering will likely feature four senior tranches: a $190 million Class A1, a $274 million Class A2, $168 million Class A3 and $83 million Class A4. The deal will likely be structured with a...
Taiyo Fire Remains In Auto Insurance
Aug 7 2000 // Taiyo Fire & Marine Insurance Co. has decided against its earlier plan to withdraw from the Japanese auto insurance business. The company reportedly made the decision based on the belief that collecting sufficient...
Are Calif. Agents Giving Low-Cost Auto the Cold Shoulder’
Aug 7 2000 // California’s low-cost auto insurance program is off and running, but a major question has already come up regarding those agents who are certified to write business for the program-how willing are they to actively...
I hate buying a new car. It is just an ugly process.
Aug 7 2000 // You see, the Chivvis household is expecting a second child in November and you know what that means. That is, aside from the crying, feeding and changing and consequent lack of sleep. That’s right. It’s time to...
State Farm Cuts Auto Rates in California
Aug 4 2000 // Further evidence that the personal auto market is far from making a complete turn: State Farm, California’s largest insurer of passenger cars, will drop rates in the state an average of 5.0 percent, effective Sept....
Missouri Auto Rate Guides Available for Consumers
Aug 3 2000 // Insurance agents wanting to assist consumers can point them in the direction of Missouri’s new insurance rate guides. Agents can also use the guides as benchmarks for their current offerings. The guides—with...
MetLife Auto Home Unveils New Advertising Campaign
Aug 3 2000 // MetLife Auto & Home began airing a new television and radio advertising campaign featuring Snoopy to build awareness that “all auto insurers are not the same” and to promote its Coverage Plus and...
