Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
New York Senate OKs Legislative Package to Fight Auto Insurance Fraud
May 10 2013 // The New York State Senate approved three bills that aim to cut down on auto insurance scams by increasing penalties for those who commit or assist in the fraud and by giving more flexibility to insurance companies to...
Trinity Underwriting Managers Launches New Inland Marine Program
May 9 2013 // Georgia-based program administrator Trinity Underwriting Managers, Inc. (TUMI) has expanded its commercial auto underwriting capabilities. TUMI recently established a relationship with an “A+” rated carrier in...
Paper: No Safety Inspections For Smaller California Limos
May 8 2013 // The limousine that burst into flames and killed five women in Northern California wasn’t required to undergo a state safety inspection, according to a report in the San Jose Mercury News. The limo burst into flames...
House Panel OKs Changes to Michigan Car Insurance Rules
May 6 2013 // A Michigan legislative panel has approved a bill that would end unlimited lifetime medical care for people seriously injured in car crashes. Premiums would drop at least $125 in the first year under the measure being...
San Francisco Cable Car Accidents Costs Millions
May 6 2013 // In this city of innumerable tourist attractions, the clanging, hill-conquering cable cars stand out as a top draw. The quaint conveyances also stand out for the inordinate number of accidents and the millions of dollars...
In N.C., Chairman’s Auto Insurance Bills Don’t Even Meet His Own Standards
May 3 2013 // As the push for modernization and consumer choice in North Carolina’s auto insurance system moves from the state Senate to the House, it’s worth going back to examine the goals the General Assembly set for...
Liberty Mutual Q1 Profit Falls 31% to $318M Amid Investment Losses
May 3 2013 // Boston-based Liberty Mutual reported Thursday its net income fell 30.7 percent to $318 million for its 2013 first quarter, compared to $459 million income reported during the prior year first quarter. The company’s...
Crackdown on Mass. Auto Insurance Fraud Leads to Big Savings: Report
May 1 2013 // A crackdown on auto insurance fraud in Lawrence, Mass., prompted by the death 10 years ago of a great-grandmother in a staged accident has saved the city’s motorists $68 million in premiums, and hundreds of millions...
Texas Chiropractic Clinic Owner Convicted of $3M Auto Insurance Fraud
Apr 30 2013 // The owner of a now defunct chiropractic clinic in Bryan has pleaded guilty to engaging in a conspiracy to defraud various automobile insurance companies of more than $3 million, U.S. Attorney Kenneth Magidson said. Marion...
Indianapolis Officer Charged with 2nd DWI Crash
Apr 30 2013 // A suspended Indianapolis police officer awaiting trial on charges he caused a fatal 2010 collision had a blood-alcohol level nearly three times the legal limit when he crashed a pickup truck over the weekend, authorities...
ACE Establishes Special Purpose Vehicle, Altair Re
Apr 30 2013 // ACE Limited has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralized capacity for its global reinsurance business. The capital will be used to support ACE Tempest Re’s...
Storm Costs Driving Up New Jersey Auto Insurance Rates
Apr 30 2013 // Losses from previous storms are helping to drive up New Jersey’s auto insurance rates, which are already the highest in the nation. The Record newspaper reports the state approved increases for 26 insurance companies...
Moody’s, S&P Settle Negligence Lawsuits Over Debt Vehicle Ratings
Apr 28 2013 // Moody’s Investors Service and Standard & Poor’s on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the safety of risky debt vehicles...
Report: Motorcycle Deaths Decline Slightly in Georgia
Apr 26 2013 // New numbers show that Georgia has seen a slight drop in the number of motorcycle fatalities. The Georgia Governor’s Office of Highway Safety reported that new data made available on April 24 shows that the state had...
U.S. Expected to Seek Limits on Car Touchscreens
Apr 25 2013 // U.S. traffic safety regulators are expected to propose stronger measures to keep drivers from being distracted by in-car touchscreens. Transportation Secretary Ray LaHood and National Highway Traffic Safety Administration...
Fraud is Michigan’s ‘Other’ Auto Insurance Problem
Apr 24 2013 // As legislative work picks up in earnest on Michigan Gov. Rick Snyder’s plan to reform the state’s woeful no-fault auto insurance system, we wanted to call attention to a less-noticed provision of the proposal...
19 States Approve ISO’s Telematics-Based Auto Rating Tool
Apr 22 2013 // ISO has filed its first vehicle telematics-based rating rule with insurance regulators in 33 states and received approvals in 19 states. The GeoMetric rating rule for use by insurers writing personal and commercial...
50 Top Apps For Independent Agents
Apr 22 2013 // Mobility technology is changing the way the insurance industry operates. And when it comes to working on the go, nothing is as important as mobile device applications. But what apps do independent agents use most? What...
Michigan Governor Unveils Auto Insurance Plan
Apr 18 2013 // Michigan Gov. Rick Snyder and Republican lawmakers have unveiled a proposal to end unlimited lifetime coverage for medical expenses tied to auto accidents. Drivers now pay $175 per car per year to cover catastrophic...
Newark, N.J., Cop Indicted on Auto Insurance Fraud Charge
Apr 18 2013 // Prosecutors say a veteran Newark, N.J., police officer has been indicted on insurance fraud charges. Johnathan Taylor faces charges of conspiracy, aggravated arson and insurance fraud in the indictment handed up by an...
