Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
I.I.I. Study Cites AOB Abuse for Increasing Insurance Costs In Florida
Dec 12 2018 // A new study released by the Insurance Information Institute (I.I.I.) finds that Florida’s assignment of benefits (AOB) crisis has cost consumers billions of dollars in unnecessary litigation and inflated claim costs...
A.M. Best Sees Private Passenger Auto Turnaround, Stable Outlook for 2019
Dec 10 2018 // Ratings analysts at A.M. Best said improved underwriting performance in the private passenger auto line of business, lower—albeit still elevated— catastrophe experience and favorable investment returns have convinced...
How to Deliver Restaurants from Risks of Take-Out Boom
Dec 10 2018 // With a growing number of apps and on-demand services, millennials in particular are increasingly ordering take-out food from their favorite restaurants. As more restaurants expand services into delivery, risk managers must...
The Bad News About High Auto Insurance Customer Satisfaction
Dec 10 2018 // Record high customer satisfaction among auto insurance customers is clearly good news for customers, especially at a time when their overall customer experience is being tested by the rising cost of auto insurance. For...
Manhattan Man Convicted in Two Identity Theft Schemes
Dec 7 2018 // A Manhattan man has been convicted of engaging in two separate identity theft schemes between 2013 and 2014 and has been sentenced to seven-and-a-half to 15 years in state prison. An investigation by New York Attorney...
Distracted Driving Laws Save Motorcyclists’ Lives, Research Finds
Dec 6 2018 // Laws to ban or curb drivers’ use of cell phones and other handheld devices have greatly reduced the rate of fatalities for motorcyclists. States with moderate to strong bans have motorcycle fatality rates that differ...
Chinese Manufacturer Ninebot’s Dominance Has Startups Sharing Scooter Product Risks
Dec 6 2018 // Scooter-sharing company Lime recently relayed a troubling message to its users: a portion of its fleet was at risk of bursting into flames. The startup recalled about 2,000 vehicles, less than one percent of its scooters,...
California Highway Patrol May Have Used Tesla Autopilot to Stop Speeding Car
Dec 5 2018 // The California Highway Patrol says it may have used the Autopilot system of a Tesla to stop the car after its driver fell asleep. The CHP says officers attempted to stop the Tesla Model S, which was doing about 70 mph on a...
Waymo Self-Driving, Fare-Generating Taxis Hit the Road in Arizona
Dec 5 2018 // Alphabet’s Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, the company has...
Self-Driving Vehicle Regulation Bill Gets Late Push in Senate
Dec 4 2018 // Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill. Staff for Republican Senator John Thune...
Several Injured in North Texas School Bus/Car Accident
Dec 3 2018 // Investigators say one adult has been critically injured and several students were slightly hurt when a school bus was hit head-on by a car in North Texas. The Department of Public Safety says the Bridgeport Independent...
Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer
Dec 3 2018 // Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia’s second-biggest car insurer at...
Insurance Brokers Sharing in the Sharing Economy
Dec 3 2018 // As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million...
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...
