Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
MetLife Auto Home Enhances Agent Contracts
Dec 18 2000 // MetLife Auto & Home has made several enhancements to its Independent Agency Agreement. The contract changes will be introduced in 2001. The revisions provide for the company to defend, indemnify, and hold the agent...
New Jersey Insurer Issues Dividends to Auto Policy Holders
Dec 7 2000 // New Jersey Manufacturers Insurance is mailing special dividend checks to auto policy holders in New Jersey, Pennsylvania and New York totaling about $54.6 million. The 324,984 policy holders affected will receive an...
I.I.I. Report: Auto Insurance Rates Expected To Rise This Year
Dec 5 2000 // Automobile insurance rates are expected to rise by 1.5 percent this year, the first increase in three years. Additional increases of 2 percent to 4 percent are likely in 2001. Among the factors driving rates upward are...
New York DOI Releases Ranking of Against Auto Insurers
Dec 5 2000 // New York Superintendent of Insurance Neil D. Levin has released the department’s annual ranking of consumer complaints against New York State’s private passenger automobile insurance companies and announced...
New Mexican Auto Insurance Websites to Help U.S. Consumers, Agents
Nov 29 2000 // A new website will give tourists a chance to purchase Mexican automobile insurance before they venture south of the border. In addition, agents can order policies for their customers through a website designed for...
State Farm Introduces Vehicle Safety Discount
Nov 29 2000 // State Farm Mutual Automobile Insurance Company is implementing a new auto insurance discount. Using its actual claim payments for driver and passenger injuries by make and model of vehicle, the company is awarding...
New York Auto Theft Ring Shut Down; 17 Indicted
Nov 27 2000 // New York Superintendent of Insurance Neil D. Levin announced the indictment of 17 individuals in connection with the operation of a multimillion-dollar auto theft, dismantling and stolen parts ring operating in Queens and...
NEW PAGE FOR RENTAL CARS
Nov 27 2000 // Effective Jan. 1, 2001, rental car companies that offer or sell insurance must be licensed by the California Department of Insurance (CDI) as an insurance agent, broker or as a rental car agent. The CDI has added a...
Massachusetts AG Urges Auto Rate Cuts
Nov 22 2000 // Massachusetts Attorney General Thomas Reilly joined the State Rating Bureau yesterday in urging state insurance regulators to cut personal auto insurance rates. The AG’s office called for a 10 percent decrease. The...
Missouri Uninsured Driver Rate Down 18 Percent in 1999
Nov 22 2000 // Missouri’s projected rate of uninsured passenger vehicles dropped by 18 percent—or 63,000 autos—during 1999, reaching the lowest levels since the state enacted its current mandatory insurance law in 1987,...
New Rental Car Insurance Licensing Info Added to CDI’s Website
Nov 21 2000 // Effective Jan. 1, 2001, rental car companies that offer or sell insurance must be licensed by the California Department of Insurance (CDI) as an insurance agent, broker or as a rental car agent. The CDI has added a...
Feds Stop ‘Bumper Car’ Fraud Scheme
Nov 20 2000 // Federal authorities charged 53 people last week in a $1 million insurance fraud scheme in New York. The FBI arrested 29 suspects, including the managers of a physical therapy clinic. The rest were being sought, except for...
Artisan Contractor
Nov 20 2000 // Class Strong Despite construction Defect Litigation, Hardening Market and Slowing economy The building boom across much of the country resulting from nearly 10 years of economic expansion has also resulted in a business...
Predictions for the 2001 Auto Market’
Nov 20 2000 // Predictions for the 2001 Auto Market? Enforcing Uninsured Driver Laws Should Be A Top Agenda Item What will the Texas auto market look like in 2001? The question is being asked at every professional meeting, on every golf...
Questions&Answers
Nov 20 2000 // Q We have a company that says they are not going to use the benchmark rates approved in June for residential property. Can they do that and how do the benchmarks work? A If it is a Texas Lloyds company, it is not required...
Questions & Answers
Nov 20 2000 // Q. We have a company that says they are not going to use the benchmark rates approved in June for residential property. Can they do that and how do the benchmarks work? A. If it is a Texas Lloyds company, it is not...
Baldwin Park Woman Turns Herself in For Auto Fraud, Grand Theft
Nov 15 2000 // Elvira Marcela Santamaria of Baldwin Park, Calif., turned herself in to the Tulare Superior Court, Visalia Division, after learning a five-count auto insurance fraud and grand theft warrant had been issued for her...
National Insurance Crime Bureau Lists Top Autos Targeted by Thieves
Nov 14 2000 // Thieves continue to find sport utility vehicles, pickup trucks, and mini-vans attractive targets. According to a new study conducted by the National Insurance Crime Bureau, a not-for-profit insurance organization committed...
Calif. State Auto Bureau Downgraded
Nov 13 2000 // The financial strength rating (FSR) of the California State Automobile Association Inter-Insurance Bureau was downgraded from “A+” to “A” by A.M. Best. Best indicated that the downgrade reflected a...
37 Indicted in Auto Insurance Fraud
Nov 10 2000 // An insurance fraud ring run by Ukrainian and Russian immigrants was broken up Thursday with the arrest of 22 people involved in selling cars then allegedly reporting them stolen. In all, 37 people were indicted in the...
