Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Why Parents Should Buy Bigger, Safer Vehicles for Teen Drivers
Dec 3 2018 // The Insurance Institute for Highway Safety (IIHS) engages in a wide variety of work to reduce deaths, injuries and property damage from crashes, but most consumers know the IIHS for its safety ratings of new vehicles. The...
How the Insurance Market Will Expand in an Age of Autonomous Vehicles
Dec 3 2018 // Though it’s estimated that by 2025, auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage,...
N.J. Woman Pleads Guilty in Used Luxury Vehicle Theft Scheme
Dec 3 2018 // A New Jersey woman has pleaded guilty to fraudulently obtaining insurance identification cards as part of a scheme to steal luxury used vehicles from dealerships in New Jersey and New York. Paige Hunt, of Bloomfield, N.J.,...
Kansas Company: Feed Truck Caused Amtrak Derailment
Nov 28 2018 // The upcoming trial over the Kansas derailment of an Amtrak passenger train has been cancelled after Cimarron Crossing Feeders admitted its runaway feed truck damaged the railroad track. Trial had been scheduled to start...
One Killed, Six Injured When Car Drives into NYC Pedestrians
Nov 28 2018 // A 70-year-old driver trying to parallel park on a New York City street Monday lost control of his minivan and struck several pedestrians standing next to a fruit stand, killing one person and injuring six others, police...
Wells Fargo Seeks to Limit Payout for Faulty Auto Insurance Plan
Nov 26 2018 // Wells Fargo & Co. is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents and a source familiar with...
Santander Bank to Pay $11.8 Million to Settle Auto Loan, Insurance Claims
Nov 21 2018 // Santander Consumer USA Holdings Inc., a leading subprime auto lender, will pay $11.8 million to settle claims that it misled customers about the cost and terms of auto loans and insurance, a U.S. consumer watchdog said on...
How Insurance Market Will Expand in Age of Autonomous Vehicles
Nov 20 2018 // Though it’s estimated that by 2025 auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage, according...
AutoNation On-Demand Used Car Subscription Bundles Maintenance, Insurance
Nov 19 2018 // AutoNation Inc., the country’s largest automotive retailer, has announced a partnership with Fair, a digital subscription service, that will allow consumers to lease used vehicles on a month-to-month basis rather...
Markets
Nov 19 2018 // Fire Protection Contractors Market Detail: McNeil & Co.’s FireWatch Program (www.mcneilandcompany.com) is a comprehensive insurance and risk management program. The program offers specialty insurance products to...
Pennsylvania Charges 60 Individuals in Statewide Insurance Fraud Sweep
Nov 19 2018 // Criminal charges have been announced against 60 Pennsylvanians following investigations by the Attorney General’s Insurance Fraud Section. As a result, 23 people were charged in Eastern Pennsylvania, 10 in Central...
Michigan Man Sentenced to Prison for Staged Auto Crash Fraud Scheme
Nov 16 2018 // A Michigan man who pled guilty to participating in a multi-state staged auto accident/insurance fraud scheme has been sentenced to prison, according to the United States Attorney’s Office. Marvin David Ramirez, 45,...
New York Clinic Owner, Doctor, Attorney Arrested for Insurance Fraud Scheme
Nov 16 2018 // The owner, doctor and attorney involved with a medical clinic in Brooklyn, N.Y., have been charged for their alleged participation in a $1 million auto insurance fraud scheme. New York State Attorney General Barbara D....
Texas Automobile Insurance Plan to Raise Rates in 2019
Nov 14 2018 // Rates will increase next year for both personal and commercial auto insurance provided by the Texas Automobile Insurance Plan Association (TAIPA). Texas Insurance Commissioner Kent Sullivan on Nov. 9 issued an order...
QBE North America Sells National Farmers Union to National General
Nov 14 2018 // National General Holdings Corp. has agreed to acquire National Farmers Union Property and Casualty Co. from QBE North America. The estimated purchase price is $43 million. National Farmers Union Insurance writes personal...
Waymo’s First Driverless Car Service Seen Right Around the Corner
Nov 13 2018 // In just a few weeks, humanity may take its first paid ride into the age of driverless cars. Waymo, the secretive subsidiary of Google’s parent company, Alphabet Inc., is planning to launch the world’s first...
Awareness Campaign Aims to Curb Auto Burglaries/Thefts in Texas
Nov 13 2018 // More than 200,000 vehicles were burglarized last year in Texas, the Insurance Council of Texas reports. According to the Texas Department of Public Safety, the value loss from both auto thefts and burglaries in the state...
Can Commercial Auto Insurers Get to Profit Before Autonomous Vehicles Arrive?
Nov 9 2018 // Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line’s poor performance is a key factor...
Mile Auto Launches Pay-Per-Mile Insurance in Oregon, Illinois
Nov 8 2018 // Mile Auto Inc. has launched its pay-per-mile insurance product in Oregon and Illinois. In a press announcement, Mile Auto said its pay-per-mile model can save low mileage drivers 30 percent to 40 percent over traditional...
Pennsylvania Charges 60 Individuals in Statewide Insurance Fraud Sweep
Nov 8 2018 // Criminal charges have been announced against 60 Pennsylvanians following investigations by the Attorney General’s Insurance Fraud Section. As a result, 23 people were charged in Eastern Pennsylvania, 10 in Central...
