Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
TRUCK DRIVER, PRISON GUARDS INDICTED
Jul 4 2005 // Texas Mutual Insurance Company reported that in unrelated cases Texas grand juries indicted a truck driver and two prison guards on workers’ compensation fraud charges. The guards and the truck driver were allegedly...
Romney Auto Reforms Hit Roadblocks from Mass. Agents and Court
Jul 4 2005 // When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at one point...
Minnesota’s No-Fault Law to Blame for High Auto Rates
Jul 4 2005 // If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has...
News Briefs
Jul 4 2005 // ILLINOIS Feds Subpoena CNA on Finite Reinsurance: Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite...
News Briefs
Jul 4 2005 // Louisiana Three Arrested for Accident Staging The Louisiana State Police Insu-rance Fraud Unit arrested three Ville Platte residents on felony insurance fraud related warrants. The state police said the arrests were the...
Industry Fears ‘Serious Impact’ on Auto Market of N.J. Court Ruling
Jul 4 2005 // A New Jersey Supreme Court decision handed down last month that eliminates a “serious life impact” test under the auto insurance verbal threshold will dramatically increase automobile insurance losses and rates...
AUTO RESIDUAL MARKET RATES UP 3.8%:
Jul 4 2005 // An average 3.8 percent increase in rates for private passenger auto policies insured through the Virginia Automobile Insurance Plan is now in effect. The industry had requested an average 5.5 percent rate increase. The...
Minnesota’s No-Fault Law to Blame for High Auto Rates
Jul 4 2005 // If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has...
Sentry/Middlesex Drops Mass. Auto Line Citing Residual Market
Jul 1 2005 // Middlesex Insurance Company, a member of the Sentry Insurance group, has informed Massachusetts Division of Insurance that it will stop offering private passenger auto insurance in the state after this year. The company...
Texas Teacher Charged with Giving Passing Grades if Students Burn Car
Jun 30 2005 // A chemistry teacher in Houston who was months behind on her car payments gave passing grades to two failing students after asking them to steal her Chevrolet Malibu and burn it so she could collect on its insurance,...
AIA Urges La. Gov. Blanco to Veto Anti-Safety Bill
Jun 30 2005 // The American Insurance Association has called on Louisiana Gov. Kathleen Blanco (D) to veto House Bill 509, which would prohibit insurers from adequately pricing personal auto, motorcycle and liability insurance coverage...
American Hobbyist Adds Online Rating, Submission to Site
Jun 29 2005 // American Hobbyist Insurance, a national provider of collector-vehicle insurance, has added real-time online quoting and submission capabilities to its newly redesigned Web site. “The collector-car market is sizzling...
Kemper Auto and Home Unveils Real-Time Rating in Conn. Via SETWrite
Jun 29 2005 // Rackley Solutions has joined with personal lines carrier Kemper Auto and Home (KAH) to launch a real-time connection allowing KAH’s Connecticut agents access to auto rates through SETWrite, Rackley’s new...
N.Y. Auto Ring Parked; 12 Indicted in Orange County
Jun 29 2005 // New York Attorney General Eliot Spitzer and State Superintendent of Police Wayne Bennett recently announced the indictment of 12 individuals involved in reported auto theft and insurance fraud in Orange County. The arrests...
Mich. Auto Rates Up 4% in 2004
Jun 28 2005 // The average cost of an auto insurance policy in Michigan increased 4 percent in 2004, according to a study by the Insurance Institute of Michigan. The average auto insurance premium in 2004 was $1,130, compared to $1,086...
Condon & Skelly Brings Collectible Vehicle Coverage to Texas
Jun 28 2005 // New Jersey-based Condon & Skelly, a provider of collectible vehicle insurance for more than 30 years, announced it is now providing coverage in Texas. Condon & Skelly provides insurance coverage for a wide range...
N.Y. Trial Bar, Auto Insurers Agree on Court Changes to Expedite Claims
Jun 27 2005 // With encouragement from insurers led by Progressive Insurance Co. and the state’s trial lawyers, New York lawmakers last week passed a bill that should both cut down on questionable small claims lawsuits and speed up...
N.Y. Auto Premium Cuts Continue
Jun 27 2005 // New York officials announced that American International Group, Chubb, and General Motors Acceptance Corporation have joined the list of insurers reducing their auto insurance premiums for new and existing customers. The...
Bad Week for Romney Auto Reforms Continues as Mass. Agents Oppose Competitive Rating
Jun 22 2005 // The day after a court struck a blow to his administration’s reforms of the state’s auto insurance residual market, the powerful independent agents’ lobby also pulled the rug out from under some of Gov....
Ohio Auto Thefts Down 2% for 2nd Straight Year
Jun 22 2005 // Auto thefts in Ohio appear to have declined more than 2 percent for the second consecutive year, according to estimates released by the Ohio Insurance Institute. Based on auto theft survey results of 17 major Ohio city...
