Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
California agents may get more calls from uninsured motorists
Dec 24 2006 // Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500,...
N.C. Retains Fifth Lowest Auto Insurance Rates
Dec 20 2006 // prudential North Carolina continues to stand out as the state with lowest auto insurance rates east of the Mississippi and fifth lowest in the nation. The statistics are gleaned from a report by the National Association of...
La. Woman, Stopped for Traffic Violation, Charged with Trying to Kill Officers
Dec 20 2006 // A Lecompte, La., woman was charged with attempting to kill two Pineville police officers as she fled the scene of a routine traffic stop, Pineville Police Staff Sgt. Darrell Basco said. Shelby Darlene Chambers, 45, was...
Insurance Safety Group: Death Rates in Minicars More Than Double Rates in Other Cars
Dec 19 2006 // Driver death rates in minicars are higher than in any other vehicle category and more than double the death rates in midsize and large cars, a new study shows. For the first time, the Insurance Institute for Highway Safety...
S&P Sees No Affect on Mapfre Sistema Ratings from Italian Auto Deal
Dec 19 2006 // Standard & Poor’s Ratings Services said that its “ratings and outlook on entities of the Spanish Sistema Mapfre insurance group are unaffected by its acquisition of 50 percent of the agency-based motor...
Ohio State Automobile Mutual to Purchase Beacon Insurance Group
Dec 18 2006 // Columbus, Ohio-based State Automobile Mutual Insurance Co. announced today that, through a wholly-owned subsidiary, it has agreed to acquire the Beacon Insurance Group, headquartered in Wichita Falls, Texas. Closing is...
Mass. Auto Rates Cut 11.7% for 2007
Dec 15 2006 // As expected, auto insurance rates in Massachusetts will be going down again in 2007, this time by as much as 11.7 percent on average. Massachusetts Insurance Commissioner Julianne M. Bowler today announced the decision in...
California Agents May Get More Calls From Uninsured Motorists
Dec 14 2006 // Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500,...
Ohio State Auto Financial Names New Vice President, Chief Financial Officer
Dec 14 2006 // State Auto Financial Corp. announced the appointment of Steven E. English to the position of vice president – chief financial officer. English had previously served as vice president – director of corporate...
Safety Group Promotes New Test for Vehicle Roof Crush
Dec 14 2006 // A national auto safety watchdog group this week unveiled a new test to measure a vehicle’s resistance to roof crush in a rollover, saying it offers a superior method to a current government proposal. Public Citizen...
Tillinghast: Overall U.S. Tort Costs Dropping; Fewer Auto Claims Drive Decline
Dec 14 2006 // U.S. tort costs totaled $261 billion in 2005, which is approximately $880 per person and $4 less per person than in 2004, according to the 2006 Update on U.S. Tort Cost Trends from the Tillinghast business of Towers...
Her Future’s Uncertain but Mass. Commissioner Keeps Busy
Dec 13 2006 // These are busy days for Massachusetts Insurance Commissioner Julianne Bowler. Within weeks, even days, Bowler is expected to release final plans for a new auto insurance assigned risk plan, decide on auto insurance rates...
Motor vehicle theft declines in California, but violent crime increases
Dec 11 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
COUNTRYWIDE LAUNCHES AUTO PRODUCT IN COLORADO, ILLINOIS, INDIANA, NEVADA
Dec 11 2006 // Countrywide Financial Corp. announced that Countrywide Insurance Group’s automobile insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in...
N.Y. auto profits hit
Dec 11 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson Jr....
For regional carriers, predictive modeling is about more than pricing
Dec 11 2006 // Frank J. Coyne, chief executive officer of Insurance Services Office, recently warned that insurers unable to keep up in the technological arms race face a grim prognosis. The industry leader said a chasm is growing...
P/C market takes hold of rapidly developing identity theft solutions
Dec 10 2006 // Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology/information-driven...
People
Dec 10 2006 // The Des Plaines, Ill.-based Property Casualty Insurers Association of America announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, has joined PCI as vice president of industry and...
People
Dec 10 2006 // The Des Plaines, Ill.-based Property Casualty Insurers Association of America announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, has joined PCI as vice president of industry and...
Motor vehicle theft declines in California, but violent crime increases
Dec 10 2006 // California Attorney General Bill Lockyer has released the Department of Justice’s “Crime in 2006, January Through June” preliminary report showing property crime decreased by 2.8 percent compared to the...
