Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
First Acceptance Purchases Assets of Chicago Non-Standard Auto Agencies
Jan 12 2006 // First Acceptance Corporation, a provider of private passenger non-standard automobile insurance, has acquired certain assets of Insurance Plus Agency II Inc. and Yale International Insurance Agency Inc. These agencies sell...
Allstate Announces New Reinsurance Program for Property, Auto
Jan 11 2006 // Allstate Corp. recently announced a partially completed new reinsurance program for its countrywide personal lines property and auto insurance business. The Northbrook, Illinois-based insurer said it has placed $750...
State Farm Works with “Thieves” to Prevent Auto Thefts
Jan 11 2006 // Earl Hyser and his co-workers figure out how to steal 30 to 60 cars every year. But they aren’t thieves. “We go back to the manufacturer and say, ‘Listen, I get a lot of phone calls on this. It’s...
Colo. Lawmakers to Tackle Auto Insurance, Regulatory Issues at 2006 Legislative Session
Jan 11 2006 // The 2006 legislative agenda for property/casualty insurers in Colorado will be dominated by automobile insurance and regulatory issues, according to the Property Casualty Insurers Association of America...
Wash. Commissioner Testifies on Auto Legislation Involving Ethel Adams
Jan 11 2006 // Washington Insurance Commissioner Mike Kreidler was to testify on commissioner request legislation this week designed to prevent what happened to Ethel Adams last March from happening to any other Washington insurance...
National Advantage Offering Monoline Truck Physical Damage Coverage
Jan 10 2006 // Tustin, Calif.-based National Advantage Insurance Services Inc. has added a new market for monoline truck physical damage and/or non-trucking auto liability coverage in California, Arizona, Oregon, Texas, Alabama, Georgia...
Mass. Man’s Auto Insurance Fraud Scheme Placed in Park
Jan 9 2006 // A Groton, Massachusetts man has pleaded guilty to charges he submitted false documents to an auto insurer to collect insurance money, Attorney General Tom Reilly announced. Peter Lombardini, 48, of Groton, pleaded guilty...
AIA Backing Safety Design Improvements of Seat, Head Restraints in SUV’s
Jan 9 2006 // The American Insurance Association (AIA) on Monday said it supports recommendations from the Insurance Institute for Highway Safety (IIHS) to improve the safety and design of seat and head restraints in SUVs (sport utility...
N.H. Vows to Target Motorcycle Safety as Accident Deaths Rise
Jan 6 2006 // Around this time last year, when New Hampshire reported a dramatic increase in motorcycle accident deaths, the state announced it was working on a safety campaign directed specifically at motorcyclists. A $100,000 campaign...
EGI Financial Motors Into Ontario Motorcycle Insurance Market
Jan 6 2006 // Toronto-based EGI Financial Holdings Inc. reported that its wholly-owned subsidiary, Echelon General Insurance Company, is entering the Ontario motorcycle insurance market with a $5 million brokerage agreement with Riders...
Hybrid Car Owners Get Premium Break from Travelers
Jan 5 2006 // Travelers personal lines, a member of St. Paul Travelers, said it plans to implement a 10 percent discount on auto insurance to hybrid vehicle owners in the U.S. beginning in February 2006. Travelers said it is the first...
IRC: Insurance Fraud, Buildup Add Some $400M to Calif. Auto Injury Claims
Jan 5 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims puts a hefty price tag on the cost of claim abuse in California. In 2002, between $319 million and $432 million in bodily injury liability...
Florida’s PIP, No-Fault Sunset Concerns Council Members
Jan 3 2006 // There is no support among Florida Insurance Council members for the outright reenactment of the no-fault/PIP statute, Sam Miller, FIC executive vice president told Insurance Journal. Florida’s PIP/no-fault auto...
SUVs Not Safer Than Passenger Cars for Kids, Study Finds
Jan 3 2006 // New research from The Children’s Hospital of Philadelphia, shows that children riding in SUVs have similar injury risks to children who ride in passenger cars. The study, published today in the journal Pediatrics,...
Minimum Car Insurance Requirements, Cost to Miss. Motorists to Increase
Jan 3 2006 // Thousands of Mississippi motorists will see a higher bill when they renew their automobile insurance in 2006. A new law that took effect Jan. 1 doubles the minimum amount of liability insurance Mississippi drivers must...
Geico Lowering Colo. Auto Rates
Jan 3 2006 // GEICO is reducing auto insurance rates for its policyholders in Colorado. The statewide average rate decrease is 7.1 percent for GEICO and GEICO General policyholders. Overall premium changes for individual motorists will...
Electric Insurance Adds Tiers to N.H. Auto Insurance Pricing
Jan 2 2006 // Effective Jan. 6, 2006, Electric Insurance will expand its automobile product reach in New Hampshire by introducing additional price points. Using a multivariate pricing model, Electric has developed rate levels that the...
New year brings lowered rates for Mass. drivers
Jan 2 2006 // 8.7% rate cut is a lot more than the 0.1 percent cut recommended by insurers Private passenger auto insurance rates will be cut an average 8.7 percent in Massachusetts in 2006 under a ruling by insurance commissioner...
INSURERS TO SUPPORT LEGISLATIVE STUDY ON AUTO THEFT
Jan 2 2006 // The National Association of Mutual Insurance Companies based in Indianapolis, Ind., will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has...
Auto No-Fault
Jan 2 2006 // Medical provider failed to attach ‘Assignment of Benefits Form’ to statement of claim Progressive Express Insurance Company v .McGrath Community Chiropractic (Fla. App., 2nd Dist., Nov. 18, 2005)A medical...
