Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Travelers’ Q2 Profit Climbs 85% to $925M; Auto Unit Layoffs Planned
Jul 23 2013 // The Travelers Companies today reported net income of $925 million for its 2013 second quarter, an 85 percent jump from $499 million net income posted a year ago. The insurer credited lower catastrophe losses and continued...
R.I. Enacts Auto Body Repair Bill; Industry Group Expresses Disappointment
Jul 22 2013 // Rhode Island Gov. Lincoln Chafee recently signed into law a bill (HB 5263/SB 465) that would prevent insurers from declaring a vehicle a total loss if the vehicle can be restored to its pre-accident condition at a cost...
Florida Auto Policy Covers Modified Golf Cart: Court
Jul 22 2013 // A Florida appeals court has ruled that an automobile insurer must cover a Florida man for injuries from a collision in a golf cart that had been modified to exceed a speed of 20 miles per hour. The ruling overturned a...
OSHA Again Probes Georgia Auto Parts Plant After Worker’s Death
Jul 22 2013 // Federal authorities are questioning working conditions at a Georgia auto parts plant for the eighth time in four years, this time in connection with a worker’s death. The Occupational Safety and Health Administration...
Social Media: It’s Here to Stay
Jul 22 2013 // The Most Successful Users Know Their Markets The value of social media as a tool for marketing and selling property/casualty insurance may be a matter of debate but one thing is for certain: While the nature of social...
NICB Report Ranks Vehicle Theft Rates in Northeast
Jul 22 2013 // The National Insurance Crime Bureau recently released its annual report on a per capita review of vehicle thefts from the nation’s Metropolitan Statistical Areas (MSA). The report, based on 2012 data, shows that...
Auto Insurance, Claims Handling Top Reasons for Complaints in Illinois
Jul 22 2013 // Auto insurance was the line of coverage that topped the list of coverage complaints investigated by the Illinois Department of Insurance in 2012, with group accident and health insurance coming in second. The department in...
After Deadly Crash, Alabama Revisits Safety of Allowing Truck Cargo Bed Riders
Jul 19 2013 // Alabama politicians said that they would consider drafting legislation to prevent people from riding in the backs of pickup trucks in the wake of a rollover accident near Guntersville. U.S. Rep. Mike Rogers, R-Anniston,...
New Jersey Man Admits to Running Vehicle Theft Ring
Jul 16 2013 // A New Jersey man has admitted to supervising an auto theft ring that authorities say stole over 100 vehicles worth a total of more than $550,000. The Attorney General’s office says 33-year-old Jose D. Lopez of South...
26 Motorcyclists Killed on Minnesota Roads This Year
Jul 12 2013 // The year so far has been a deadly one for motorcycle riders in Minnesota. The state Department of Public Safety says 26 motorcyclists have been killed on Minnesota roadways this year. Last year at this time, 18 riders were...
Progressive Premium Revenue Climbs, Profit More Than Doubles
Jul 11 2013 // Progressive Corp., the fourth- largest U.S. auto insurer, said profit more than doubled as premium revenue climbed after the company raised rates for coverage. But the insurer declined in New York trading as the results...
Insurers’ Group Urges R.I. Governor to Veto Auto Body Legislation
Jul 8 2013 // The Rhode Island Legislature passed legislation before adjournment on July 3 that could impact the pockets of Rhode Islanders when they have to pay for auto body repairs, according to the Property Casualty Insurers...
NICB Report Ranks Vehicle Theft Rates in Northeast
Jul 3 2013 // The National Insurance Crime Bureau released its report last week on a per capita review of vehicle thefts from the nation’s Metropolitan Statistical Areas (MSA). The report, based on 2012 data, shows that California...
California’s Low Cost Auto Insurance Program Reduces Rates
Jul 2 2013 // The California Department of Insurance (CDI) is reducing rates for the California Low Cost Auto Insurance Program (CLCA) for the second year in a row. With annual premiums starting between $226 and $338, the program helps...
San Francisco Bay Area Car Rental Startup Faces Lawsuit
Jul 1 2013 // Out of a tiny, green shack on a parking lot in an industrial area south of San Francisco International Airport, three teenagers are trying to change the airport car rental business. To do it, all they need are your cars,...
Illinois Man Sentenced for Multi-State Auto Theft Scheme
Jun 27 2013 // A Madison, Ill., man faced jail time after being convicted in for an auto theft scheme that spanned Illinois and Missouri, according to federal officials. The United States Attorney for the Southern District of Illinois,...
Car Thefts Up for First Time in Years
Jun 26 2013 // U.S. auto thefts probably rose in 2012 after eight straight years of declines as criminals took advantage of California’s budget cuts and reduced police forces, an insurance-industry group said. Thefts rose 1.3...
Social Media Is Here to Stay, Texas P/C Professionals Say
Jun 26 2013 // The value of social media as a tool for marketing and selling property/casualty insurance may be a matter of debate but one thing is for certain: While the nature of social media may be evolving, it’s not going...
Auto Insurance Customer Satisfaction Drops Due to Rising Rates: J.D. Power
Jun 24 2013 // Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is down in 2013 from an all-time high in 2012, but remains comparatively high relative...
Virginia SIU Investigator Wins Award for Work on Staged Accident Case
Jun 21 2013 // A staged accident investigation in Roanoke, Va., led to an award for a Nationwide Insurance special investigator. Suzy Clingman-Taylor was named Investigator of the Year by the Virginia Chapter of the International...
