Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Ohio’s Encova Insurance Issuing 15% Personal Auto Policy Credit
Apr 15 2020 // Columbus, Ohio-based Encova Insurance plans to issue a 15% policy credit to more than 80,000 personal auto policyholders for the months of April and May. Data has continued to show that as fewer vehicles are on the road...
North Carolina Creates Process for Insurers to Legally Offer Pandemic Premium Relief
Apr 15 2020 // The North Carolina Department of Insurance says it is working with insurers to allow them to offer financial relief to policyholders without filing for department approval or risking violating state law during the current...
How Insurance Claims Pros Are Adjusting to Pandemic Complications
Apr 15 2020 // The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims managers are coping with evolving government regulations and guidelines. Crawford & Co....
Missouri’s Shelter Insurance Offering 30% Discount to Personal Auto Customers
Apr 14 2020 // Shelter Insurance, based in Columbia, Mo., and its subsidiaries AmShield Insurance, Haulers Insurance, and Say Insurance, is joining other insurers in offering assistance to auto insurance policyholders. The company said...
Alabama Regulator Eases Process for Auto Insurers to Reduce Policyholder Premiums
Apr 14 2020 // The Alabama Department of Insurance says it will waive filing fees and allow for immediate implementation of premium reductions by insurers in an effort to provide some relief to Alabama consumers. In a bulletin issued...
Cincinnati Insurance Companies Offering 15% Discount to Personal Auto Policyholders
Apr 13 2020 // Two property/casualty insurance subsidiaries of Cincinnati Financial Corp., The Cincinnati Insurance Co. and The Cincinnati Casualty Co., are offering a 15% personal lines auto credit for current policyholders. Personal...
Louisiana Insurance Commissioner: State Farm Cutting Auto, Homeowners Rates
Apr 13 2020 // Louisiana Insurance Commissioner Jim Donelon has approved overall base rate decreases of 3.5% for homeowners’ policies issued by State Farm Insurance Co., which follows his approval of an additional decrease of 2.3%...
California Orders Insurers to Refund Premiums to Drivers, Businesses Hit by COVID-19
Apr 13 2020 // California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to return insurance premiums to consumers and businesses and provide financial relief during the COVID-19 emergency. The...
How P/C Insurance Industry Can Maximize Its Response to Coronavirus: Crisis Manager
Apr 13 2020 // “I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.” That’s Richard...
Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List
Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. State...
Does Prop 103 Allow Auto Insurers to Provide COVID-19 Rebates? Maybe Not
Apr 9 2020 // As is by now obvious to everyone, Americans are driving less these days amid the COVID-19 pandemic. Across the country, schools and businesses are shut down. Many areas have curfews and stay-at-home orders that ask...
Germania Insurance to Return Nearly $6M to Personal Auto Customers in Texas
Apr 9 2020 // In light of the reduction in drivers on the road due to COVID-19 epidemic, Texas-based Germania Insurance will give back nearly $6 million in credits to its personal auto insurance policyholders. The company said through...
Canada’s Insurers to Cut Auto Premiums as Drivers Stay Home During COVID-19 Crisis
Apr 9 2020 // Insurance Bureau of Canada (IBC), an industry association for Canada’s home, auto and business insurers, on Wednesday said its members would lower costs for auto insurance to reflect reduced driving during the...
Progressive, Travelers, USAA Latest to Offer Insureds Discounts, Other Accommodations
Apr 9 2020 // More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis. Progressive...
Little Rock, Arkansas, Bans Vehicle Caravans During Outbreak
Apr 8 2020 // Arkansas’ largest city is banning vehicle caravans during the coronavirus outbreak after a large crowd of vehicles gathered over the weekend. Little Rock Mayor Frank Scott announced the executive order on April 6 in...
Bluefire Insurance to Lower Auto Insurance Rates in Louisiana
Apr 8 2020 // The Louisiana Department of Insurance has approved the filing by Bluefire Insurance to reduce its auto insurance rates in Louisiana, the company said, The 2.3% statewide rate reduction is effective March 25 Bluefire...
Van Gogh Theft Focuses Attention on Empty Museums’ Security During COVID-19 Crisis
Apr 8 2020 // The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil...
GEICO, Farmers, Liberty Mutual Join Insurers Giving Breaks to Drivers, Businesses
Apr 7 2020 // More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15...
Maryland Auto Allows Participants to Pause Payments During State of Emergency
Apr 7 2020 // Participants in FineFix, Maryland’s auto fine forgiveness program, will be allowed to pause their payment plans during the current state of emergency in Maryland. The Uninsured Division of Maryland Auto Insurance is...
Delaware Auto Insurers Take Actions to Help Consumers During COVID-19 Pandemic
Apr 7 2020 // Automobile insurers in Delaware are taking a number of actions in light of COVID-19, the Delaware Department of Insurance (DOI) announced. On Monday, Allstate announced it would embark on a premium payback program...
