Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Old vs. New GM at Issue in Ignition Switch Class Action
Nov 10 2014 // General Motors Co. told a judge that claims in a $10 billion customer class-action over ignition flaws are “misleading” and should be dismissed. The 68 named plaintiffs in the group lawsuit argue that the...
Oklahoma AG Warns Against ‘Steering’ to Repair Shops by Insurers
Nov 9 2014 // Oklahoma Attorney General Scott Pruitt is warning citizens of his state about the practice of “steering” — where insurers strongly push consumers to take their vehicles to “preferred” auto body...
Michigan Orders Unlicensed Auto Insurer to Shut Down
Nov 7 2014 // The Michigan Department of Insurance and Financial Services has issued a cease and desist order to an unlicensed auto insurance provider, Great Lakes Michigan Insurance Company, its owner and associated businesses. The...
Losing Bankruptcy Liability Shield Could Cost GM $2 Billion
Nov 6 2014 // Jesse Salazar III says an ignition- switch flaw in his 2008 Chevrolet HHR has depressed its value, and he wants manufacturer General Motors Co. to make it up to him. GM will argue in court filings later today that it...
China’s PICC P&C Plans $1.2 Billion Rights Offer
Nov 5 2014 // PICC Property & Casualty Co., China’s biggest non-life insurer, said it plans to raise 7.25 billion yuan ($1.2 billion) in a rights offer in Hong Kong and China to replenish capital. The shares dropped. The...
N.J. Man Admits Staging Auto Accidents for $179K Insurance Payments
Nov 4 2014 // A New Jersey resident pleaded guilty to orchestrating two auto accident staging scams in 2010 that resulted in insurance payouts of $179,210 for medical treatment and personal injury settlement proceeds, according to...
State Auto Financial Reports $11.9M Net Income in Q3 2014
Nov 4 2014 // Columbus, Ohio-based State Auto Financial Corp. reported third quarter 2014 net income of $11.9 million, or $0.28 per diluted share, versus net income of $18.5 million, or $0.45 per diluted share, for the third quarter of...
Prices Start to Stabilize in UK Auto Market
Nov 3 2014 // Direct Line Insurance Group plc Chief Executive Officer Paul Geddes said the company had started to see prices stabilize in the U.K.’s competitive motor insurance market. Prices for its auto business were unchanged...
Homeowners No Longer Taking Back Seat to Auto for Insurers
Nov 3 2014 // Property/casualty insurers are increasingly using analytics as a tool to help with their homeowners’ pricing, reflecting a belief that the line could become a bigger growth engine than their auto business. At the...
Top States for Luxury Car Theft
Nov 3 2014 // According to the National Insurance Crime Bureau (NICB), there were 5,570 luxury vehicles for model years 2011-2013 reported stolen in the United States between Jan. 1, 2010 and Dec. 31, 2013. NICB analysts review data...
10 Insurance Myths
Nov 3 2014 // Men may be more gullible when it comes to insurance myths than women but even women think a number of popular myths about insurance are true, according to a survey by online insurance seller insure.com. Insure.com said it...
Uber Ridesharing Serving Kids and Their Busy Parents
Oct 31 2014 // As the oldest of three kids, Baily Deeter was often the last to be picked up from school by his mother. Then Uber Technologies Inc. came along. When Baily started ninth grade in August, his parents gave him an account for...
The Hartford Offers Safety Rewards, Discounts for Commercial Auto
Oct 31 2014 // The Hartford is offering small and midsize businesses the opportunity to receive commercial auto insurance premium discounts and rewards for safety. The company has also expanded its quoting system for agents and brokers...
South Carolina Liquidating Commercial Auto Insurer First Keystone
Oct 29 2014 // The South Carolina Department of Insurance last week declared an insurer that specialized in providing commercial auto insurance to be insolvent and the insurer is now being liquidated. The First Keystone Risk Retention...
Obama Reportedly Searching for New Auto Safety Chief
Oct 28 2014 // The acting chief of the NHTSA, the top U.S. automotive safety regulator, is unlikely to be nominated for the job and an active search is under way to fill the position, a source familiar with the matter said on...
Lawsuits Commence Against Takata, Auto Makers Over Air Bags
Oct 28 2014 // Takata Corp. and carmakers that install the company’s air bags were sued by U.S. drivers over claims they were duped into buying unsafe vehicles following the recall of almost 8 million cars from 10...
Arson Suspected in Dubuque, Iowa, Vehicle Fires
Oct 27 2014 // Dubuque, Iowa, police and fire department officials say they are investigating two vehicle fires as arson. The Dubuque Telegraph Herald reportsthat the fires were reported before dawn on Oct. 23 in a parking lot. Dubuque...
Fireman: Trucker ‘Zombie’-Like After Fatal Bus Crash
Oct 24 2014 // Russell Staley stared out his broken windshield as darkness engulfed him and firefighters bearing chain saws cut through fallen trees to reach the passenger door of his tractor trailer. Staley had been heading north on...
Florida Is Hot Spot for Luxury Car Theft
Oct 23 2014 // Drivers of luxury vehicles in Florida should watch out. Their cars are the least likely in the U.S. to be returned if stolen. More than 25 percent of luxury cars taken from the beginning of 2010 through 2013 were never...
LexisNexis and Jing You Plan China Joint Venture for Auto Carriers
Oct 23 2014 // LexisNexis Risk Solutions, a division of Reed Elsevier, plans to create a joint venture with Jing You, a private supplier of data, software and services to the insurance industry in the People’s Republic of China....
