Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
A.M. Best Withdraws West Virginia National Auto, Downgrades Ratings
Jan 8 2018 // A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and Long-Term Issuer Credit Rating to “bb-” from “bb” of West Virginia National Auto Insurance Co. (Morgantown, WV)....
N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates
Jan 8 2018 // The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers...
Minnesota Chiropractor, Runners Convicted in Auto Insurance Fraud Scheme
Jan 8 2018 // An Edina, Minnesota, chiropractor and his recruiters have been found guilty of auto insurance fraud, the Minnesota Department of Commerce announced in late December 2017. Federal prosecutors reported that Adam John Burke,...
Epic Winter Storm Brings Car Wrecks, Broken Water Mains, Power Outages to Southeast
Jan 5 2018 // A brutal winter storm smacked the coastal Southeast with a rare blast of snow and ice Wednesday, hitting parts of Florida, Georgia and South Carolina with their heaviest snowfall in nearly three decades. The same system...
Telematics CEO: 5 Trends to Watch in 2018 in Auto Insurance
Jan 5 2018 // Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for UBI, 2018 will break the...
North Carolina Vehicle Thefts On the Rise After 10-year Decline
Jan 5 2018 // Vehicle thefts are on the rise again in North Carolina after a decade-long decline. The State Bureau of Investigation says 15,007 vehicles were stolen in North Carolina in 2016. That was nearly 4,000 more stolen vehicles...
How Takata Bankruptcy Could Affect Compensation for Car Owners
Jan 4 2018 // The judge overseeing the bankruptcy of Takata Corp.’s U.S. unit on Wednesday cleared the way for the company’s creditors to vote on its Chapter 11 plan, which critics say limits the legal rights of those...
Neon Launches First ILS Vehicle in UK, NCM Re
Jan 3 2018 // Neon announced it has launched the first ILS vehicle in the UK, NCM Re (UK PCC) Ltd., and raised third party capital to support the UK’s first ILS transaction. NCM Re is the first UK-domiciled protected cell company,...
RightSure Acquires Auto & Property Insurance Solutions in California
Jan 2 2018 // RightSure Insurance Group has acquired California-based Auto & Property Insurance Solutions. Auto & Property Insurance Solutions is RightSure’s 14th book of business acquisition. Auto & Property Insurance...
Top Insurance Journal National Stories of 2017
Dec 29 2017 // It wouldn’t feel right to close out the year without looking back at the most popular stories on Insurance Journal during the past 12 months. Here are the national stories that attracted the most readers in 2017,...
Deploying Technology, Security Measures to Fight Weaponization of Autos
Dec 28 2017 // A deadly attack this month in Melbourne, Australia, in which a man plowed an SUV into a crowd of Christmas shoppers, comes from the same playbook used by terrorists in recent years around the globe. Many new vehicles...
Fired Wisconsin Food Worker Charged in Car Rampage at Lambeau Field
Dec 28 2017 // A fired food service worker is charged with ramming other vehicles at Lambeau Field in Green Bay, Wis., last week. Forty-year-old Chay Vang was charged with two felony counts of first-degree recklessly endangering safety...
Root Approved to Sell Auto Insurance in Arkansas
Dec 28 2017 // Columbus, Ohio-based insurtech company, Root Insurance, has received authorization to sell property/casualty (excluding workers’ compensation) products in Arkansas. Root is a private passenger auto insurance company...
A.M. Best Withdraws West Virginia National Auto, Downgrades Ratings
Dec 28 2017 // A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and Long-Term Issuer Credit Rating to “bb-” from “bb” of West Virginia National Auto Insurance Co. (Morgantown, WV)....
Self-Driving Technology Being Developed to Enable Driving on Snowy Roads
Dec 27 2017 // Self-driving cars may be the future, but relinquishing control of the wheel certainly takes some getting used to. It’s one thing to go (slowly) with the flow on well-marked city streets, for which many self-driving...
Zurich Acquires Bright Box, Specialist in Telematics, Connected Car Technologies
Dec 22 2017 // Zurich Insurance Group announced it has purchased 100 percent of the shares of Bright Box HK Ltd. and its subsidiaries – an acquisition designed to increase its capabilities in connected car technologies and...
Startup Trov, Munich Re to Insure Riders of Waymo’s Self-Driving Car Service
Dec 20 2017 // Trov, an on-demand insurance startup, plans to provide trip insurance for passengers using Waymo’s soon-to-be launched self-driving, ride-hailing service. Waymo, formerly Google’s self-driving car project,...
N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates
Dec 19 2017 // The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers...
Former Tennessee Deputy Insurance Commissioner Giannini Killed in Car Crash
Dec 18 2017 // A former deputy commissioner of the Tennessee Department of Commerce and Insurance has died in a car crash. Media outlets report that Bill Giannini, who also was a former chairman of the Shelby County Election Commission...
Missouri at ‘High-Risk’ for Deer/Vehicle Accidents
Dec 18 2017 // Insurance companies have classified Missouri as one of three states deemed “high-risk” for deer collisions. The other two states considered “high-risk” are Arkansas and Kansas according to State...
