Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
AIG Finalizes Sale of U.S. Personal Auto Insurance Units to Farmers
Jul 1 2009 // American International Group, Inc. (AIG) has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to Farmers Group, Inc. (FGI), a subsidiary...
Merchants Flexible Choice Auto Product Introduced in Ohio
Jul 1 2009 // Buffalo, N.Y.-based Merchants Insurance Group launched its newest insurance product in Ohio, Merchants Flexible Choice Auto, effective July 1, 2009, for new business and Sept. 1 renewals, the company announced. Merchants...
State Auto to Offer Flood Insurance
Jun 30 2009 // Beginning June 30, Columbus, Ohio-based State Auto Insurance Companies will add flood insurance to the list of State Auto coverages available for home, business and farm offered through more than 3,400 independent...
Car Insurance Mandate in Wisconsin Budget; No Driver’s Card for Illegals
Jun 29 2009 // Wisconsin drivers would have to buy liability insurance for their vehicles but illegal immigrants would not be issued special cards so they could drive legally on the state’s roads under the state budget poised to...
Collector Car Specialist Hagerty Expands into Canada
Jun 25 2009 // Beginning in June 2009, Michigan-based Hagerty Insurance, a major provider of provider of collector vehicle insurance, expanded its operations into Canada. “The move will allow Canadian enthusiasts similar insurance...
Connecticut Trucking Company Owner Sentenced to 6 Years in Prison
Jun 25 2009 // The former owner of a Connecticut trucking company has been sentenced to six years in jail on manslaughter and insurance fraud charges for his role in a fiery truck crash at a major suburban intersection that left four...
Former State Auto Chairman Dies at 81
Jun 25 2009 // Theodore R. (Ted) Magley, a nearly 45-year employee of Ohio-based State Auto Insurance Companies and former chairman of the board, died at home on June 22, after a brief battle with cancer. He was 81. In 1949, shortly...
California Commissioner Seeks Comments on PAYD Auto Insurance
Jun 25 2009 // California Insurance Commissioner Steve Poizner has issued proposed regulations for Pay-Drive (Usage Based Auto Insurance), and is accepting public comments on the proposal until 5 p.m., Thursday, July 9, 2009. According...
Wisconsin’s Capitol Insurance Adds Commercial Auto Coverage
Jun 25 2009 // Capitol Insurance Companies (Capitol) based in Middleton, Wis., has launched a commercial automobile insurance product. The company said the product is available for appointed insurance agents and brokers through a newly...
Study: Number of Customers Shopping for New Insurance Providers Declines
Jun 24 2009 // Good news for insurers and their agents. Fewer insurance customers are shopping for another insurance provider — 28 percent, compared with 36 percent in 2008. Across the industry, 90 percent of auto insurance...
Insurer Groups at Odds with Proposed Wisconsin Auto Insurance Bill
Jun 23 2009 // Wisconsin lawmakers are considering legislation that would increase costs for low- and middle-income insurance consumers, according to the National Association of Mutual Insurance Companies (NAMIC) and the Property...
California Motorcycle Collisions on the Rise
Jun 22 2009 // As more travelers take to the road for summer vacations, the California Highway Patrol is warning all drivers — motorcyclists included — to take road safety seriously California Highway Patrol (CHP)...
Van Wagoner Promotes Browning, Adds New Underwriter
Jun 19 2009 // Dallas, Texas-based wholesale insurance broker, Van Wagoner Companies Inc., has promoted Amber L. Browning to vice president and appointed Chip Shattuck as a commercial lines underwriter. Browning has been with Van Wagoner...
Recession Can Be Risky Time to Skimp on Insurance Coverage
Jun 18 2009 // Barry Miller figured he was saving $100 a month when he scaled back his disability insurance. After all, he was healthy. “It just looked like the policy was too expensive,” said Miller, who was paying for his...
Western New York Highway Workers Hurt in Collision
Jun 18 2009 // Several county highway workers are being treated for injuries after their vehicle was struck by a car while they painted a center line on a road in suburban Rochester, New York. Police in the town of Irondequoit say the...
Van Wagoner Names Bancroft as Executive VP
Jun 18 2009 // Dallas-based wholesale insurance broker, Van Wagoner Companies, a wholly owned subsidiary of Lloyd’s broker Chesterfield Group, has appointed Simon Bancroft as executive vice president. Bancroft has more than 30...
Michigan Regulator: Home, Auto Insurance Forms Must Be Filed with State
Jun 15 2009 // Michigan’s insurance regulator is reinstating a requirement that insurance companies submit all home and auto insurance documents and forms to the state insurance department for review prior to using them. The order...
Declarations
Jun 15 2009 // Never Say Never “I never rule out the option of a special session… The idea that somehow or another these agencies are going to go away, that’s not going to happen.” —Texas Gov. Rick Perry. After...
Social Networking for Fun and Profit
Jun 15 2009 // Why Agents Should Use Twitter, LinkedIn and Facebook to Build their Brand Whether it’s used to market new insurance products or interface with current clients, social media is transforming the insurance industry...
Ohio’s State Auto Announces New Management Positions
Jun 11 2009 // Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company have announced new managers in various divisions. Robert (Bob) A. Bachtell is claim manager for State...
