Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
H.E.A.T. Auto Theft Notes Reduction in Car Crimes in Michigan
Feb 6 2006 // H.E.A.T. (Help Eliminate Auto Thefts) has responded to statistics released by the Auto Theft Prevention Authority (ATPA) that indicate a decrease in auto theft in metro Detroit and across the state in 2004. “After...
Mass. needs new insurance capital to weather big storm
Feb 6 2006 // The Massachusetts economy could be battered if a major storm were to hit the metropolitan Boston area because the state’s homeowners insurance market is undercapitalized, the state’s insurance regulator is...
AAA to sell auto, homeowners policies in Hawaii
Feb 6 2006 // Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha...
Caution: Motor truck cargo insurance not for rookies
Feb 6 2006 // Transportation insurance and, more specifically, motor truck cargo insurance are not fields where an agent should dabble without some expertise. The specific nuances in this class of insurance lead to extensive errors and...
News Currents
Feb 5 2006 // One-third of all auto insurance premium fees are to be dedicated to transportation projects. Virginia Governor’s transportation plan includes insurance fee hike Virginia Governor Timothy M. Kaine is proposing an...
News Currents
Feb 5 2006 // Mass. needs new insurance capital to weather big storm The Massachusetts economy could be battered if a major storm were to hit the metropolitan Boston area because the state’s homeowners insurance market is...
AAA to sell auto, homeowners policies in Hawaii
Feb 5 2006 // Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha...
Colo. Senate Panel Backs Requiring Auto Insurers to Pay Medical Bills
Feb 3 2006 // Auto insurers would have to pay ambulance and emergency room bills in car accidents under a measure backed by a Colorado Senate panel. Officials for hospitals and ambulance services said someone needs to help them pay for...
N.C. Auto Rates Decrease 2.5 Percent
Feb 3 2006 // An agreement has been reached between the North Carolina Rate Bureau and the Department of Insurance in which Commissioner Jim Long ordered a 2.5 percent decrease in auto rates. The approved rate level change for each...
Fla. Auto Fraud Taskforce Adds Second Prosecutor; Suggests Reforms
Feb 3 2006 // More manpower and legislative remedies are the answer to combating auto insurance fraud according to Tom Gallagher, Florida’s CFO. He announced the appointment of a second prosecutor, dedicated to putting criminals...
Trio Nabbed in Calif. Auto Vandal Scam
Feb 2 2006 // Two Sacramento residents and one Galt resident have been arrested for their alleged involvement in a “staged auto vandalism” ring, according to the California Insurance Commissioner’s office. The case...
Michigan Governor, Democrats Introduce Insurance Reform Package
Feb 1 2006 // Gov. Jennifer Granholm and Democratic legislators introduced a multi-bill insurance reform package this week that is designed to reduce insurance rates. The National Association of Mutual Insurance Companies said industry...
N.C. Case to Result in $404M Savings, 2.5 Percent Overall Auto Rate Decrease
Feb 1 2006 // North Carolina Insurance Commissioner Jim Long has signed an order requiring a 2.5 percent reduction in private passenger auto rates and a 6 percent reduction in motorcycle liability rates, effective May...
In Conn., Victims, Trucking Firm Team Up Against Insurer to Claim Coverage
Jan 31 2006 // Lawsuits stemming from a deadly crash at the base of Avon Mountain in Connecticut last July have led to an unlikely alliance between the victims and the owner of the trucking company at the center of the litigation. To...
Opponents Claim USG Deal Exposes Fortune 500 ‘Windfall’ from Asbestos Bill
Jan 31 2006 // A group of smaller and medium sized businesses and their insurance companies is using the recent settlement by USG over its asbestos claims to argue that a federal asbestos trust fund would provide a windfall for large...
Mass. to Begin Reassigning 15% of Residual Auto Policies in March
Jan 29 2006 // A plan to redistribute residual market auto insurance policies among insurance carriers and agents in Massachusetts has been approved by state officials. The final plan for Commonwealth Auto Reinsurers will require that...
Mass. Economic Warning: Insurance Market Short on Capital
Jan 27 2006 // Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm hits the metropolitan Boston area, the Commonwealth’s insurance regulator is...
Black Boxes in Cars Monitor How You Drive, Assist Fraud Investigations
Jan 27 2006 // Most people don’t know it, but there is a little black box in your car that tracks the way you drive. According to a recent account in the Kansas City Star, the metal box, about the size of a carpenter’s tape...
Two Suspects Arrested for Auto Insurance Fraud
Jan 27 2006 // Two Elk Grove, Calif., residents were arrested on insurance fraud charges related to the alleged staged theft, arson, and subsequent insurance claim for a vehicle belonging to one of the suspects. According to the...
AAA To Offer Auto, Homeowners Insurance in Hawaii
Jan 27 2006 // Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, to allow it to begin offering homeowner’s and auto insurance to AAA Hawaii members. Auto and...
