Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Two More Massachusetts Motorcycle Insurers Send Settlement Checks
Jun 8 2011 // Insurers USAA and NGM Insurance Co. will return a combined $3.4 Million to Massachusetts motorcycle policyholders as part of a settlement with state officials. Attorney General Martha Coakley said that 9,500 checks have...
Calif. Agents Group Seeks Auto Insurance Persistency Discount
Jun 7 2011 // The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance,...
Oregon Senate Passes Car Sharing Bill
Jun 7 2011 // In a seeming effort to encourage green behavior, Oregon senators have approved a bill that would remove some of the barriers to developing community car sharing programs. House Bill 3149 establishes standards for personal...
Top 5 Economic Changes by Consumers That Affect Their Car Insurance
Jun 7 2011 // From changing jobs to moving to a different house to downsizing vehicles, Americans have made decisions during the recent economic downturn that impact unexpected areas of their life – like car insurance. In fact, in the...
People
Jun 6 2011 // Tina Wrotenbery joined Hub International Rigg (Hub Rigg) as a senior employee benefits consultant. Wrotenbery will move into Hub’s existing offices in Houston and will report to Charlie Reynolds, president, Employee...
Massachusetts AG Urges Rate Reduction for Commercial Auto
Jun 6 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by a combined $1 billion over the last seven years and has asked the state’s insurance commissioner to force...
Mobile Food Vendor Market Explodes as Insurance Market Evolves
Jun 6 2011 // In just about every metropolitan area nationwide hungry customers can appease their appetites by visiting the neighborhood taco truck. The traditional taco truck sells more than just tacos these days – a lot more....
The Hartford Launches Auto, Home Program For Sierra Club Members
Jun 3 2011 // The Hartford will now provide the Sierra Club’s 1.4 million members and supporters with access to its auto and home insurance through a program that will offer discounted rates in most states. The Hartford’s...
Appalachian Underwriters, American Alternative Partner on Commercial Auto
Jun 2 2011 // Appalachian Underwriters, Inc. (AUI) has been appointed by American Alternative Insurance Corporation (AAIC) to offer nationwide commercial auto coverage. Appalachian Underwriters is a licensed national managing general...
A.M. Best Downgrades Ratings of State Auto Insurance Companies
Jun 2 2011 // A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Columbus, Ohio-based State Auto Insurance...
Driver of Car Hit by Train is Billed for Damage
Jun 2 2011 // Metro-North plans to bill a 40-year-old woman for the damage one of its trains suffered when it struck the woman’s car in Milford, Connecticut on Sunday. Metro-North spokeswoman Marjorie Anders says the commuter...
Senator Looks to Halt Rentals of Recalled Vehicles Over Safety
May 31 2011 // U.S. Sen. Charles Schumer of New York said he will introduce a bill to stop car rental agencies from renting automobiles that are under recalls for problems that aren’t yet fixed. The industry this month proposed a...
Smaller Cars Improve Safety Performance
May 27 2011 // As automakers are building more small cars, they are managing to make them safer than ever, new car safety tests show. Six of 13 small cars recently evaluated by the Insurance Institute for Highway Safety (IIHS) earned the...
Massachusetts AG Urges Rate Reduction for Commercial Auto
May 24 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by $1 billion over the last seven years and has asked the state’s insurance commissioner to slash premiums for...
U.S. Refuses to Pay Michigan Insurer for Ferrari Wrecked by FBI Agent
May 23 2011 // The U.S. Justice Department has refused to pay $750,000 to a Michigan insurance company for a Ferrari that was wrecked in Kentucky while driven by an FBI agent. In a recent response to a lawsuit in Detroit, the Justice...
State Auto Companies Elect New Officers
May 20 2011 // Kyle B. Anderson, Diane M. Dierna, Winford (Win) L. Logan and Jeffrey (Jeff) D. Wilson have been elected assistant vice presidents by the boards of directors of State Automobile Mutual and State Auto Property &...
Suit Says USAA Unfairly Denied Car Crash Claims
May 18 2011 // A Salem, Ore., attorney has filed a lawsuit accusing USAA Insurance Co, which represents military members and their families, of fraudulently denying claims after car crashes. The Salem Statesman Journal reports the suit,...
Reik Named Vice President at State Auto
May 18 2011 // State Auto Financial Corp., based in Columbus, Ohio, has elected Timothy (Tim) G. Reik a vice president following his appointment as director of Risk Evaluation and Design (RED) Operations. Reik was also elected vice...
State Auto Estimates April Storm Losses of $75M to $85M
May 17 2011 // State Auto Financial Corp., based in Columbus, Ohio, has estimated its second quarter 2011 earnings will include between $75 million and $85 million in pre-tax catastrophe losses related to April storm activity, net of...
Three Convicted in Massachusetts Auto Fraud Ring Case
May 17 2011 // A Massachusetts jury has returned guilty verdicts against three men — including a lawyer and a chiropractor — accused of staging several fraudulent motor vehicle accidents, according to the attorney general’s...
