Auto - Latest Insurance News

Progressive Expands Commercial Auto Offerings, Introduces New Coverage

Jul 19 2012 // Progressive Insurance has expanded its commercial auto product with updated offerings and programs. The latest commercial package brings more coverage options and introduces a customer loyalty program. Highlights of the...

GM’s OnStar Car Owners Now Able to Rent Out Their Vehicles

Jul 17 2012 // General Motors is joining the sharing economy. General Motors announced that its OnStar subscribers can now rent out their idle vehicles through the RelayRides car sharing service, leveraging OnStar connectivity already...

Motorcycle Registration Up 20,000 In Utah

Jul 16 2012 // A state agency reports more than 20,000 additional motorcycles have been registered in Utah this year. The Utah Highway Safety Office reports more than 90,000 motorcycles have been registered in the state. The number is...

UK Auto Insurer Direct Line in Play as Private Equity Groups Circle

Jul 16 2012 // Direct Line, the UK’s largest motor [auto] insurer run by government-owned Royal Bank of Scotland, is a takeover target for private equity groups looking to pre-empt what would be one of the biggest initial public...

Buffalo Region Has Highest Auto Theft Rate in New York State: Report

Jul 12 2012 // The New York Insurance Association said Thursday the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State. The region had a vehicle theft rate of 161.19 thefts per 100,000...

GMI Adds Plaza Insurance to Business Auto Carrier List

Jul 12 2012 // GMI Insurance has expanded its business auto program with the addition of Plaza Insurance Co., an admitted carrier in 47 jurisdictions. Eligible accounts for GMI’s business auto program include automobile fleets that...

Driving History Seen as Predictor of Individual’s Lifespan

Jul 11 2012 // It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The same motor vehicle driving records already widely used to help determine how much a consumer pays for car...

Appalachian Underwriters, Glencar Underwriting to Offer WC, GL, Auto

Jul 11 2012 // Appalachian Underwriters, Inc. (AUI) has been appointed by Glencar Underwriting Managers to offer a workers’ compensation, general liability and auto coverage program. Appalachian Underwriters is a licensed national...

Portable Persistency Now Prop. 33; Consumer Watchdog Attacks

Jul 10 2012 // An initiative to establish portable persistency discounts for automobile insurance on Tuesday was assigned a number by the Secretary of State, and shortly afterward the newly named Proposition 33 came under attack by Santa...

New Crash Avoidance Features Reduce Claims, Says Insurance Safety Institute

Jul 10 2012 // Advanced crash avoidance technologies include some clear success stories when it comes to preventing crashes, insurance claim analyses by the Highway Loss Data Institute (HLDI) show. Forward collision avoidance systems,...

Worker Hit, Killed by Dump Truck in Work Zone

Jul 5 2012 // Authorities say a construction worker was killed in an eastern Missouri freeway work zone when a loaded asphalt truck backed over him. The Missouri State Highway Patrol did not immediately identify the the man killed at...

More Gen Y’ers Passing on Driving

Jul 2 2012 // To Shoshana Gurian-Sherman, driving seemed like a huge hassle. “Part of it was laziness,” the 23-year-old Minneapolis resident recalled. “I didn’t really want to put in the effort to learn how to...

RSA Inks Agreement w/ The Co-operative Insurance for Auto Claims

Jul 2 2012 // The UK’s RSA and The Co-operative Insurance have announced a bilateral agreement to settle outstanding motor recoveries. RSA said it is “designed to remove frictional costs, limit the need for claims handlers...

Florida’s Anti-Fraud Auto Insurance Law Now in Effect

Jul 2 2012 // A trio of constitutionally questionable measures and legislation designed to crack down on no-fault auto insurance fraud are among about 150 new Florida laws going into effect Sunday. A law that bans state and local...

Alabama Readies Auto Insurance Verification

Jul 2 2012 // Alabama’s Revenue Department is launching an online system that will allow county license plate officials to verify whether a vehicle has liability insurance. The Legislature passed a requirement last year that the...

City Drivers’ Rates Too High, Too Variable, Says Consumer Group

Jul 2 2012 // The Consumer Federation of America (CFA) says that most good drivers — those with no accidents or moving violations — who live in moderate-income areas in 15 cities are being quoted what the group maintains are high...

Report: Vehicle Theft Falls, California Still Dominates Top 10 List

Jul 2 2012 // The National Insurance Crime Bureau reported 2011 is on track for another consecutive year of declining vehicle thefts, but California still dominates the top 10 list for areas highest auto theft rates. Seven of the top 10...

J.D. Power: Auto Insurance Satisfaction Reaches All-Time High

Jul 2 2012 // Overall customer satisfaction with auto insurance companies has reached an all-time high, according to the Westlake Village, Calif.-based J.D. Power and Associates’ 2012 U.S. Auto Insurance Study. The satisfaction...

CFA: Rates for Good Drivers in Cities Too High, Too Variable