Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
New Jersey Court: Drunk Driver Can Collect Medical Benefits
Apr 14 2005 // In a decision that could affect auto insurance policies for millions of New Jersey drivers, a state appeals court ruled Wednesday that a drunken driver can still collect medical expenses from her carrier. A provision in an...
Ill. Politicians Blame Gov. Blagojevich for Bankrupt Auto-Accident Fund
Apr 13 2005 // Members of a government oversight committee accused Illinois Gov. Rod Blagojevich’s administration Wednesday of mismanagement for its handling of an auto insurance fund that ran out of money. The $1.6 million...
AIA Commends Md. Legislature for Forceful Response to Epidemic of Teen Auto Crashes
Apr 13 2005 // The American Insurance Association (AIA) on Wednesday commended the Maryland legislature for passing of a host of bills targeting teen driver safety. The bills include HB 393, which bars novice teen drivers from carrying...
Insurers Oppose Ore. Auto Repair Shop Legislation
Apr 13 2005 // The Property Casualty Insurers Association of America (PCI) is urging the Oregon Senate to reject legislation which would mislead consumers about a valuable program designed to provide quality repairs to accident-damaged...
‘No-Cost’ Insurance Incentive Said to Boost Car Sales
Apr 12 2005 // The first test of an incentive in which an automaker paid the insurance on every new car concluded March 31 with a 23 percent rise in year-to-year sales, according to sponsors of the promotion. Two-thirds of buyers said...
N.C. Agents Detour Auto Fraud Ring Responsible for 480 Crashes, $2 M in False Claims
Apr 12 2005 // Six Chatham and Randolph County, N.C. residents suspected of masterminding an extensive auto insurance fraud ring which staged an estimated 480 auto crashes and defrauded more than $2 million have been arrested as the...
Study Says Higher Horsepower, Fewer Accidents; Costs Rise Though with More Horses
Apr 12 2005 // Think faster cars are involved in more crashes? You’re not alone. According to a recent phone survey of 1,000 people, one-third say that those who drive higher horsepower vehicles are involved in more frequent...
After Two-Hour Floor Debate, W.Va. House Passes Senate Bill 414
Apr 11 2005 // The West Virginia House of Delegates passed Senate Bill 414 on Friday prohibiting third-party bad-faith lawsuits against insurance companies. SB 414 is part of Gov. Joe Manchin’s insurance and tort reform proposals,...
Miss. Increases Minimum Auto Liability Limits
Apr 8 2005 // Mississippi lawmakers increased the state’s minimum auto liability limits during their regular legislative session which ended on Wednesday, an official of the National Association of Mutual Insurance Companies said...
Insurers Warn in Study: Unprofitable Del. Auto Insurance Market Could Face Reduced Competition
Apr 6 2005 // Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers...
Calif. Commissioner Approves -4.2% Rate Reduction for ‘Loyal’ State Farm Auto Customers
Apr 5 2005 // Insurance Commissioner John Garamendi has approved a -4.2 percent reduction in personal auto policy rates for “loyal” State Farm customers, a savings of more than $110 million for those policyholders. The...
How to Float to the Top and Other Words of Wisdom
Apr 4 2005 // Berkshire Hathaway’s Buffett on Insurance Economics, 2004 Results By Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s...
Michigan DOI Study Finds Competition Doesn’t Equal Affordability
Apr 4 2005 // Michigan’s Office of Financial and Insurance Services last month released the results of its long-awaited study of competitiveness in the state’s insurance market. While the report found competition under the...
Fla. Couple Faked Auto Accident Claim
Apr 4 2005 // A St. Petersburg, Fla., couple and a relative are facing felony insurance fraud charges after investigators determined they collected $39,000 in insurance from a staged automobile accident. Azem Jakupaj, his wife, Fikreta,...
Goodbye, Steadfast Toyota
Apr 4 2005 // I’m afraid to see my next auto insurance bill. My daughter “totaled” her car recently. Yes, it was her fault, and no, no one was seriously hurt, thankfully. She ran into the back of a pickup truck at a...
Lojack for Motorcycles Addresses Growing Risk
Apr 4 2005 // With spring right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the “Easy...
Public Auto
Apr 4 2005 // Nuts & Bolts: Union General is offering a variety of programs to address public auto exposures. The program can handle accounts up to 10 units. Public auto classes include limo, day care, airport, and hotel shuttles...
Calif. Sweep Nets Four Fraud Suspects
Apr 4 2005 // Starting Feb. 24, investigators from the California Department of Insurance’s Fraud Division conducted joint operations in the Central Valley to execute outstanding arrest warrants. CDI partnered with the Fresno...
Brothers Arrested in Auto Premium Scam
Apr 4 2005 // Carlos Vasquez-Marquez and Jose Miguel (Mike) Marquez, of Rancho Palos Verdes, Calif., have been arrested and charged with seven felony counts of grand theft. The arrests are the result of a 20-month investigation...
Some 200 Insurance-Related Bills Introduced in California Legislature
Apr 4 2005 // About 200 insurance-related bills have been introduced in the California Legislature this session, according to The Association of California Insurance Companies. “We expect during the upcoming months that the issues...
