Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Mt. Washington Offers Group Auto Plan for N.H. State Employees
Nov 16 2005 // Mt. Washington Assurance Corporation has announced its new group automobile program for the State Employees’ Association of New Hampshire (www.seiu1984.org), offering its 8,000 members a 10 percent auto insurance...
Gov. Romney, AG Reilly and Industry Differ Over Mass. Auto Reform Plan
Nov 16 2005 // Massachusetts Gov. Mitt Romney and Attorney General Tom Reilly sparred over auto insurance this week, with Reilly saying the governor’s reform plan would create chaos for drivers and Romney accusing Reilly of failing...
N.J. Agents Back Change in Insurers’ Auto Expense Formula
Nov 16 2005 // The Professional Insurance Agents of New Jersey Inc. recently provided comments supporting the New Jersey Department of Banking and Insurance’s proposal to change the method for calculating the maximum allowed...
Auto Fraud Case Link Suspected as Discarded Medical Records Discovered in Longwood, Fla.
Nov 15 2005 // A trash bin in Longwood, Fla. near Orlando has revealed boxes of medical records containing photographs, names, Social Security numbers and other personal information about chiropractic patients in Lawrence, Mass. treated...
Mass. Lawmakers to Hear Romney Auto Insurance Reform Package Today
Nov 15 2005 // After weeks of television ads by warring factions of insurance companies and public forums on the road by some legislators, the Massachusetts Financial Services Committee today will hold the first public hearing at the...
Detroit Mayor Targets High Auto, Homeowner Insurance Rates
Nov 14 2005 // Detroit Mayor Kwame Kilpatrick said he will attack the high cost of auto and homeowner’s insurance in Detroit first by negotiating with the insurance industry. If that doesn’t work, Kilpatrick said, he’ll...
Natural Catastrophes, Aftermarket Auto Repair Parts, Credit Scoring Top AIA’s Agenda at NCOIL Meeting
Nov 14 2005 // The American Insurance Association (AIA) said it looks forward to an open dialogue with state legislators regarding the recent hurricanes and their ramifications for the insurance industry during the annual meeting of the...
S&P to Assign Rating to AXA’s Auto ART – A “Landmark Transaction”
Nov 10 2005 // Standard & Poor’s Ratings Services announced that it has assigned its preliminary credit ratings to the €200 million asset-backed floating-rate notes to be issued by FCC SPARC, an SPE, involving the...
Insurance Auto Auctions Announces Improved Q3 Results
Nov 10 2005 // Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, announced record vehicle returns during the third quarter. These results were driven by increased buying...
W.Va. Study Shows Auto Collisions With Deer Average $1,700 Per Claim
Nov 9 2005 // The average cost of an automobile claim directly attributable to a driver having a collision with deer or wildlife is more than $1,700 per claim and totaling approximately $33 million, according to an annual study...
Study Blames Bad Regulatory System, Not Bad Drivers, for Mass. Auto Woes
Nov 9 2005 // A new study suggests that the high cost of auto insurance in Massachusetts should be blamed on bad government, not bad drivers. The state’s rate setting system encourages drivers to file too many minor accident...
Safe Auto Adds Colorado Call Center
Nov 8 2005 // Safe Auto Insurance Co. has announced it is adding a call center in Sterling, Colo., northeast of Denver. The Whitehall, Ohio.-based insurer, which specializes in minimum auto insurance coverage, said it plans to employ...
Safeco Automating Sales Process for Mid-Market Commercial
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of...
W.Va. Big ‘I’ Members Learn About Policy ‘Glitches,’ Coverage ‘Fixes’
Nov 7 2005 // Glitches” in policies agents select for insureds and possible coverage “fixes” to close these gaps or lapses in coverage were discussed by Fred Macy, president of Gray Wolf Insurance Seminars, during the...
W. Va. Legislation Effectively Reduced Homeowners, Auto Rates
Nov 7 2005 // Automobile and homeowners rates have been dramatically reduced as a result of legislative changes made by the West Virginia Legisla-ture, Insurance Commissioner Jane L. Cline, told Professional Independent Insurance Agents...
ARIZONA AUTO INSURANCE RATES RISING
Nov 7 2005 // Automobile ins-urance costs in Arizona are on the rise and remain on the high side nationally. The average rate has gone up 16.6 percent in Arizona in the latest five-year measurement, although the increase is lower than...
Michigan Governor Seeks 20% Discount on Auto, Homeowners Rates
Nov 6 2005 // Michigan Gov. Jennifer Granholm and Democratic lawmakers want to give homeowners and motorists a 20 percent cut in their insurance rates, a move the insurance industry says isn’t justified and is politically...
W. Va. Legislation Effectively Reduced Homeowners, Auto Rates
Nov 6 2005 // Automobile and homeowners rates have been dramatically reduced as a result of legislative changes made by the West Virginia Legisla-ture, Insurance Commissioner Jane L. Cline, told Professional Independent Insurance Agents...
W.Va. Big ‘I’ Members Learn About Policy ‘Glitches,’ Coverage Fixes
Nov 6 2005 // Glitches” in policies agents select for insureds and possible coverage “fixes” to close these gaps or lapses in coverage were discussed by Fred Macy, president of Gray Wolf Insurance Seminars, during the...
News Briefs
Nov 6 2005 // California CDI Amends Proposed “Action Notice” Filing Regulations The California Department of In-surance has deleted a section of proposed regulations that would have required insurers to notify CDI when a...
