Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Outlooks Revised to Positive for Michigan’s Auto Club Group
Feb 19 2019 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Dearborn, Michigan-based Auto Club...
State Farm’s Ohio Auto Insurance Customers to See Rate Cuts
Feb 19 2019 // State Farm Mutual Automobile Insurance Co. announced it is cutting its rates in Ohio for the second year in a row. The overall personal auto rate in the state is dropping by 3.7 percent, effective Feb. 18. The total...
State Farm to Lower Auto Insurance Rates in Louisiana
Feb 18 2019 // Beginning in April, Louisiana customers of State Farm Mutual Automobile Insurance Co. will see a decrease in their auto insurance rates, the insurance department announced. The department reported that Insurance...
5 Reasons Autonomous Cars Won’t Be Available Anytime Soon
Feb 18 2019 // In the world of autonomous vehicles, Pittsburgh and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when they might actually be seen carrying passengers in every...
Eating an Elephant: Tales from 9 Agency Start-Ups
Feb 18 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...
Washington Business Owner And Mom Charged with Insurance Fraud
Feb 15 2019 // Two Yakima County, Wash. residents were charged in Superior Court this week in connection with separate auto insurance fraud claims. The charges followed investigations by Insurance Commissioner Mike Kreidler’s...
State Farm Announces 4.9% Auto Insurance Rate Decrease in Virginia
Feb 15 2019 // State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for...
Travelers to Provide Auto Insurance for Lexus Complete Lease Program
Feb 15 2019 // The Travelers Companies, Inc. will be the auto insurance provider for the new Lexus Complete Lease, a two-year, 20,000-mile lease program for the Lexus UX compact crossover vehicle. The full-service leasing option bundles...
New Ventures, Driver Shortage Among Challenges in Trucking Insurance Market
Feb 15 2019 // The transportation industry is considered a barometer of the U.S. economy. If freight is trending up, so too is the U.S. economy. But capacity constraints for trucking – including a shortage of qualified drivers, low...
Auto Loan Delinquencies Keep Rising But Economists Hold Off on Alarm
Feb 14 2019 // Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York. More than 7 million Americans were 90 or more days...
Nationwide’s ‘SmartMiles’ Auto Insurance Targets Low-Mileage Drivers
Feb 14 2019 // For those who work from home, carpool frequently or use public transit more than they drive, Nationwide is launching SmartMiles, an auto insurance policy for low-mileage drivers. BuildIng on its telematics SmartRide...
Study Questions Safety Claims About Tesla Autopilot’s Steering Feature
Feb 14 2019 // An analysis of government data disputes a finding by safety regulators and promoted by Tesla Inc. that crash rates of its older vehicles declined after they were equipped with an automatic steering capability. The study,...
State Farm Lowering Auto Insurance Rates in Texas
Feb 14 2019 // State Farm Mutual Insurance Co. is cutting its Texas auto insurance rates for the fourth consecutive time in a year, the insurer said. on Feb. 18, the overall personal auto rate will drop by 4.3 percent for 2.9 million...
State Farm to Cut Auto Insurance Rates for Michigan Customers
Feb 13 2019 // State Farm Mutual Automobile Insurance Co. announced it is cutting its overall personal auto insurance rate will drop by 3.5 percent in Michigan. The total state-wide expected impact for State Farm Mutual by this rate...
State Farm Cuts Auto Insurance Rates in Missouri
Feb 13 2019 // State Farm Mutual Automobile Insurance Co. says it is cutting its rates in Missouri. As a result, its overall personal auto rate will drop by 3.9 percent. The total state-wide expected impact for State Farm Mutual by this...
Federal Preliminary Report on New York Limo Crash Offers No Cause Yet
Feb 13 2019 // The National Transportation Safety Board’s probe of a fatal limousine crash in upstate New York has not yet identified a cause, according to a preliminary report released Monday, after weeks of wrangling between...
What? Women Pay More Than Men for Auto Insurance? Yup.
Feb 12 2019 // It’s a widespread belief that men pay more for automobile insurance than women. But that’s only true for young adults. Several studies in 2018 and 2017 revealed that women over 25, particularly those between 40...
Michigan Court Revives Dispute with Car Maker over $100K Porsche
Feb 11 2019 // Was a $100,000 Porsche a lemon? The Michigan appeals court says a Kent County woman will get a second chance to make her case with a jury. Jane Meyering bought a new Porsche Cayenne in 2015, but she sued after having...
Jury Awards $123M to Victims in Washington Duck Boat Crash
Feb 11 2019 // A Washington jury has awarded about $123 million to the victims and families of a 2015 duck boat crash that killed five college students and injured more than 60 others in Seattle. After a four-month civil trial, King...
$6.1M for Motorcyclist Who Crashed after Hitting Pothole
Feb 11 2019 // Los Angeles will pay $6.1 million to a motorcyclist who hit potholes and crashed, leaving him with a serious brain injury. The Los Angeles Times reported the City Council voted the money for the settlement last...
