Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
New Mexico Appeals Court Rejects Market-Value Loss Claim
Jun 15 2006 // A man who wrecked his new truck is not entitled to payment from his insurance company for the resulting loss of market value, the New Mexico Court of Appeals ruled. In the first ruling in New Mexico on the issue, the court...
Universal Casualty Appoints Milton O. Johnston to Write Commercial Auto
Jun 14 2006 // Universal Casualty Company (A.M. Best: A -), a member of Kingsway Financial Services Inc., announced the appointment of Milton O. Johnston and Company Ltd. of Houston, Texas, as an underwriting general agent to write...
S&P Affirms Kingsway’s ‘BBB- Ratings
Jun 13 2006 // Standard & Poor’s Ratings Services has affirmed its “BBB-” long-term counterparty credit and senior unsecured debt ratings on Toronto-based Kingsway Financial Services Inc. with a stable...
Insurers Defend Job, Education as Auto Insurance Pricing Criteria in N.J.
Jun 13 2006 // Insurance industry representatives urged New Jersey lawmakers not to restrict insurers’ use of certain rating variables including occupation and education in the pricing of auto insurance policies, insisting that the...
Trade Group Urges Gov. Granholm to Veto Bill Repealing Mich. Helmet Law
Jun 13 2006 // The American Insurance Association (AIA) has called upon Michigan Gov. Jennifer Granholm (D) to veto Senate Bill 297, which would repeal the state’s mandatory motorcycle helmet law. “The facts do not lie,...
Study: Stability Control Technology Could Reduce Fatal Crashes
Jun 13 2006 // Ten thousand fatal automobile crashes a year, nearly one-third of all such accidents, could be prevented if more vehicles were equipped with technology that helps to keep them from rolling over, the insurance industry said...
Old Car Insurance Law Catches Some Oklahomans Unaware
Jun 12 2006 // A law implemented in the early 1990s designed to catch uninsured motorists instead has caused mostly innocent Oklahomans to have their drivers’ licenses suspended – and in many cases, they don’t even know...
Washington Rental Cars May Not Need Collision Waiver
Jun 12 2006 // One out of five Washington drivers might be wasting money by purchasing the additional collision damage waiver (CDW) offered by rental car companies, according to PEMCO’s latest Northwest Insurance...
Buell Motorcycle Selects Wis.-based Sentry Insurance as Preferred Provider
Jun 8 2006 // Buell Motorcycle Company has selected Wis.-based Sentry Insurance as the preferred insurance provider for Buell owners in the United States, company officials said in a written statement. Buell Motorcycle Company, a...
Three Californians Arrested for Allegedly Staging Auto Theft
Jun 8 2006 // California residents Cameron Harris, 44, of Norco, and Michael Weaver, 45, and Kelly Weaver, 43, of Corona, Calif., have been arrested for suspected insurance fraud. All three suspects were booked into the Riverside County...
Cadillac Escalade Most Likely to be Stolen; Lancer Evolution Next in Line
Jun 8 2006 // The Cadillac Escalade, the bold and shiny luxury sport utility vehicle popular with Hollywood’s A-List, rappers and star athletes, apparently also attracts an ill-intentioned constituency: car thieves. Escalades had...
S.C. Governor Vetoes Auto Insurance Proposal
Jun 8 2006 // South Carolina Gov. Mark Sanford has vetoed several bills, including one that raises the minimum liability insurance requirement on cars. The governor said he vetoed the bill because he believes it would increase...
Mich. House Passes Controversial Motorcycle Helmet Repeal Bill
Jun 7 2006 // With hundreds of motorcycle riders outside the Capitol, the Michigan state House today passed a controversial repeal of a mandate for riders to wear helmets. The legislation passed by a 66-37 vote and is awaiting the...
Back-Over Injuries to Children Greater with Trucks, Minivans
Jun 6 2006 // Every year children are seriously injured and killed when they’re hit by a vehicle backing out of a driveway. But a child is up to 2 1/2 times more likely to be backed over by a minivan or truck than by a car,...
Modesto, Calif., Ranked Car Theft Capital of the Nation
Jun 5 2006 // The rural Stanislaus County community that’s grabbed unwanted headlines as home of convicted killer Scott Peterson and former U.S. Rep. Gary Condit now has another unflattering distinction: The nation’s car...
Mass. Proposal Would Phase-In Competitive Rating Over 5 Years; Retain Some Subsidies
Jun 5 2006 // Massachusetts would phase-in competitive rating of private passenger auto insurance over a five year period utilizing “flex band” rating while retaining certain subsidies and restricting how high liability...
N.J. Drivers ‘Clear Winners’ Under ’03 Reforms, Claims Industry Report
Jun 5 2006 // New Jersey drivers are the “clear winners” due to auto insurance reforms enacted by lawmakers in 2003 according to the Property Casualty Insurers Association of America (PCI), which released a report about the...
California Commissioner says insurers earning ‘excess profits’
Jun 5 2006 // California Insurance Commissioner John Garamendi has released a new report, “Lower Claims, Higher Profits: Where Do Your Premium Dollars Go?” on the profitability of homeowners and private passenger automobile...
Why selling insurance is not like selling a car
Jun 5 2006 // Have you ever wondered why it seems a little — or even a lot more difficult — to sell insurance than to sell … say a car that comes in all price ranges? That is not to say selling a car is a piece of...
Repealing mandatory helmet law–not a wise choice
Jun 5 2006 // Another national holiday, Memorial Day, has just come and gone. The great memories of picnics, long bike rides, parades and afternoons at the beach are positive snapshots of the holiday. Unfortunately, vehicle accidents,...
