Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
GE RE FORMS AUTO
Apr 3 2000 // GE Reinsurance Corp. has formed an auto segment based at the company’s Lincolnshire, Ill., headquarters, which will be headed up by Kenneth Anderson, who joins GE Re from GE Capital Auto Financial Services. No...
Auto Club, Chicago Motor Club Ratings Unaffected
Feb 3 2000 // The acquisition of Chicago Motor Club Insurance Co., by the Auto Club Insurance Association, Dearborn, Mich., has no impact on A.M. Best Co.’s ratings of either company. A.M. Best views the Jan. 31 cash transaction...
Study Says Auto Accidents Down, Injury Claims Up
Feb 2 2000 // According to findings in a new study conducted by the Insurance Research Council (IRC), there was a significant decrease in the frequency of auto accidents from 1980 to 1998. However, during the same time period, bodily...
IFPA Announces Top 10 Fraud Cases of 1999
Feb 2 2000 // The Pennsylvania Insurance Fraud Prevention Authority (IFPA) released its top 10 insurance fraud cases of 1999. IFPA’s billboards say, “Commit Insurance Fraud. Enjoy Luxury Living.” They threaten jail...
Georgia Bill Proposes Ban on Non-OEM Parts
Feb 2 2000 // In Georgia, a new House Bill (214) proposes a restriction on the use of generic auto replacement parts. The National Association of Independent Insurers (NAII) said the restriction could end up costing consumers more money...
Brazil Copes with Fake Auto Theft Claims
Feb 1 2000 // According to a report by Reuters News Agency, the Brazilian Insurance Federation can only verify about 70 percent of the claims received by local insurers concerning lost or stolen vehicles. A record 353,000 cars were...
