Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Toyota Insurance in Europe Joins Swiss Re’s Vehicle Risk Rating System
Sep 23 2020 // Toyota is the newest partner in the Swiss Re platform that provides a risk score on vehicles so insurers can develop premiums that reflect new safety features. Through this partnership with Toyota Insurance Services...
Abandoned Vehicles a Common Problem in Omaha, Nebraska, Neighborhoods
Sep 22 2020 // The blue SUV had been parked in front of the Omaha Bike Project near 33rd and California Streets, with its windows down, for more than three months. After multiple calls to the Mayor’s Hotline failed to yield...
9 More Indicted in Louisiana Truck/Auto Staged Accident Schemes
Sep 21 2020 // With the addition of nine new indictments, 28 people now have been charged in a federal probe into the staging of automobile accidents in Louisiana, according to U.S. Attorney Peter G. Strasser. The nine defendants were...
MetLife Looks to Sell P&C Auto and Home Insurance Business: KBW Analysts
Sep 20 2020 // MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following the company Keefe, Bruyette & Woods (KBW) analysts, Ryan Krueger and Meyer Shields, said...
In a First, State Farm to Acquire Texas Nonstandard Auto Insurer GAINSCO
Sep 17 2020 // State Farm Mutual Automobile Insurance Co. is acquiring Dallas-based nonstandard auto insurer, GAINSCO, in a $400 million cash transaction. It will be the first time in State Farm’s 98-year history that it has...
Rental Car Company to Pay $80K in Penalties, Implement Reforms Over Fraud Allegations
Sep 17 2020 // A discount car rental company operating out of Newark and JFK Airports has agreed to pay $80,000 in penalties, enter binding arbitration to resolve consumer complaints and change its policies and practices following New...
House Democrats Ask Why Auto Safety Rules Are Delayed
Sep 17 2020 // Three senior Democrats in the U.S. House of Representatives on Wednesday asked government auditors to study why U.S. auto safety regulators have failed to write dozens of new auto safety regulations. The delayed rules...
South Dakota AG Thought He Hit a Deer; It Was a Man
Sep 16 2020 // South Dakota Attorney General Jason Ravnsborg said in a statement late on Sept. 14 that he realized he had struck and killed a man walking along a rural stretch of highway only after returning to the scene the next day and...
Uber Backup Driver Faces Homicide Charges in Fatal 2018 Arizona Crash
Sep 16 2020 // The back-up safety driver behind the wheel of a self-driving Uber Technologies test vehicle that struck and killed a woman in Tempe, Arizona, in 2018 was charged with negligent homicide, prosecutors said on Tuesday. Rafael...
Pennsylvania Authorities Arrest Alleged Fraud Network Participants
Sep 15 2020 // Pennsylvania authorities filed criminal charges on July 13 in Dauphin County against Kenneth Torres, Louis Torres, Ruth Negron-Acevedo, Juan Lopez-Barco and Philadelphia-based businesses EZ Multi-Services and Saul Auto...
NHC: Tropical Storm Sally Strengthens to Hurricane
Sep 14 2020 // Update 4:00 pm EST: Louisiana and Mississippi residents were under evacuation orders on Monday as Hurricane Sally churned across the Gulf of Mexico, strengthening to a hurricane ahead of expected landfall on Tuesday, the...
Michigan Auto Insurer Hagerty Adds Hunter as VP, Brand
Sep 14 2020 // Hagerty, based in Traverse City, Mich., has added Laura Hunter to its Brand team as vice president of Brand Communications. Reporting to Soon Hagerty, senior vice president of Brand, Hunter oversee public relations,...
Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon
Sep 14 2020 // Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers unless pricing and terms and conditions meet specific thresholds,...
COVID-19 Takes Toll on Canada’s Auto, Life Insurers
Sep 10 2020 // Canada’s property/casualty insurance industry thus far has fared better than its life counterpart amid the economic and market dynamics created by the COVID-19 pandemic, according to an AM Best report. In its...
S.D. Governor Disputes Report Tying COVID-19 Case Surge to Motorcycle Rally
Sep 8 2020 // South Dakota Gov. Kristi Noem has dismissed as “fiction” a recent study published by San Diego State University that ties the Sturgis Motorcycle Rally in August to a massive surge in COVID-19 cases and...
Is It Covered? The Unimpeachable Case of What ‘Are’ Is
Sep 8 2020 // One claim dispute I was involved with I refer to in seminars as “The Unimpeachable Case of What ‘Are’ Is.” It illustrates how a single word, even the tense of a verb, in a policy form can make all...
Hoy Named EVP, Auto Dealer Programs at Risk Point Underwriters in Dallas
Sep 8 2020 // Dallas-based Risk Point Underwriters LLC has named Scott A. Hoy executive vice president for the specialty auto dealer underwriting unit. Hoy will be responsible for driving profitable growth and delivering customer...
Trump Administration Eyes Pilot Program for 18-Year Old Interstate Truck Drivers
Sep 8 2020 // An 18-year-old can’t buy a beer in most U.S. states, but pretty soon he or she may be able to drive a commercial truck across state lines — and that has safety advocates alarmed. The Federal Motor Carrier...
Elephant Insurance Discounts Auto Coverage for Work From Home Customers
Sep 8 2020 // Elephant Insurance is now offering discounted car insurance rates to customers working from home. Policyholders and spouses working from home and driving less are eligible to receive the new discount, depending on the...
Berkley One Collector Vehicle Product Now Available in Minnesota
Sep 8 2020 // Berkley One has launched its Collector Vehicle product in Minnesota and and made rating enhancements to its coverage in Michigan. Berkley has provided collector vehicle owners coverage since 1974 and most recently...
