Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Aon Study: Homeowners More Volatile than Private Passenger Auto
Mar 21 2007 // The homeowners insurance line was three times more volatile than private passenger auto druing the 14-year period 1992-2005, due in large part to the active 2004 and 2005 Atlantic hurricane seasons, according to a recent...
Pa. Town Rescue Workers Train for Hybrid Car Accidents
Mar 20 2007 // The Uniontown, Pennsylvania volunteer fire department has taught its workers to safely respond to hybrid car accidents in hopes of paving the way for similar programs nationwide. With more than 1 million gas-electric...
AXA to Buy Korean Direct Auto Insurer
Mar 19 2007 // France’s Axa Group announced that it has reached an agreement with Kyobo Life to acquire its 75 percent stake in Kyobo Auto, a major South Korean direct automobile insurer. The announcement did not state the purchase...
Gainsco Offering Auto Insurance in New Mexico
Mar 16 2007 // Dallas-based GAINSCO Auto Insurance, which insures drivers across the Southern United States, has expanded its operations into New Mexico and will sell its personal auto policies through a network of independent insurance...
R.I., Mass. Safest While Wyo., Ark. Deadliest States for Truck Crashes
Mar 15 2007 // Wyoming and Arkansas are the deadliest states for truck crashes, according to a safety group that has called for tougher federal regulation to reduce fatalities hovering above 100 a week nationwide for years. The safest...
Mich. Catastrophic Fund Assessment to Decrease
Mar 15 2007 // An assessment paid by auto insurance carriers to cover catastrophic injuries resulting from auto crashes will decrease on July 1. The Michigan Catastrophic Claims Association (MCCA) assessment, which covers costs for...
Firefighters Still Fighting Calif. Blaze Started with Stolen Car
Mar 14 2007 // Highway security videotape could hold clues about who torched a stolen car and triggered a fierce wildfire near the hills southeast of Los Angeles. Investigators believe the 2,036-acre brush fire in the Anaheim Hills...
NY Teacher, Animals Shaken up in Car Crash
Mar 13 2007 // Police sent to investigate a traffic accident found more than they expected – a small zoo. A kindergarten teacher known as the “Critter Lady” and her menagerie – including a boa constrictor,...
With Auto Surcharge Failing, Ore. Lawmakers Look to Lottery
Mar 13 2007 // With Ore. Gov. Ted Kulongoski’s proposed surcharge on auto insurance to pay for more state troopers not gaining any traction, some lawmakers are pushing for a proposal to set aside $65 million in lottery proceeds to...
State Farm announces $1.2 Billion mutual auto policyholder dividend
Mar 12 2007 // State Farm Mutual Automobile Insurance Co. recently announced it will pay $1.25 billion in dividends to its mutual auto insurance policyholders in 46 states, the District of Columbia and the Canadian province of New...
Declarations
Mar 12 2007 // Child safety “None of us wants to — as we each have done — meet with another family who has lost a child, in what is clearly a preventable death.” Sen. Hillary Rodham Clinton, D-N.Y., spoke in...
Identity theft: A ‘catch phrase for the new millennium’
Mar 12 2007 // Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating the information necessary to commit identity theft turn out to...
Tim Wagner, Nebraska, Director of Insurance
Mar 12 2007 // Director of Insurance L. Tim Wagner has spent close to 40 years in the insurance industry, the last nine as the appointed Nebraska regulator. He takes his role seriously and believes the insurance industry has a real...
News Currents
Mar 12 2007 // Insurers lose steam in auto rate reg fight A California Superior Court judge has thrown out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers’ records instead of where...
Colo. passes seat belt,motorcycle helmet bills
Mar 12 2007 // The Colorado House has passed a bill that would require children under age 18 to wear a helmet when riding a motorcycle. Passing on a 39-26 vote, House Bill 1117 would create penalties of $100 if the operator is under 18...
Editor’s Note: Hog heaven
Mar 12 2007 // Buckling up when you drive a car or wearing a helmet when you are on a motorcycle seems like it should be a “given” in 2007. But the reality is that even today, many motorcycle riders still don’t wear...
Non-Franchised Auto Dealer’s Physical Damage Program Launched
Mar 8 2007 // Memphis, Tennessee – London American Risk Specialists, Inc. and Integon Specialty, a division of GMAC Insurance, are pleased to introduce the immediate launch of a Non-Franchised Auto Dealer’s Physical Damage...
N.D. Flex Rating Proposal for Auto, Homeowners Advances
Mar 8 2007 // The North Dakota House Industry Business and Labor Committee unanimously approved legislation this week that would implement a 5 percent flex band rating system for automobile and homeowners insurance. The bill SF 2296...
Maine Insurance Company not Liable in Avon Mountain Crash
Mar 8 2007 // A federal judge has ruled that the insurance company for a Bloomfield trucking company involved in a fiery fatal crash on Avon Mountain does not have to pay victims and families of those killed. The ruling involves...
Judge Rules Truck in Conn. Avon Mountain Crash Was Uninsured
Mar 7 2007 // A federal judge has ruled that the insurance company for a Bloomfield trucking company involved in a fiery fatal crash on Avon mountain does not have to pay victims and families of those killed. The ruling involves...
