Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
More than a Dozen Arrested in Los Angeles Auto Collision Fraud Ring
Dec 21 2004 // Warning drivers that anyone can become a victim of insurance fraud, Insurance Commissioner John Garamendi and the California Highway Patrol announced the bust of an alleged auto insurance fraud ring that cost insurers...
Setting Yourself on Fire and Other Incredible Things People Do
Dec 20 2004 // … while committing insurance fraud! People may think they’re being clever when they try to cheat insurance companies, but often they end up making mistakes that get them caught, injured and sometimes even...
From Maine to Virginia … What Happened in 2004
Dec 20 2004 // Leaving aside the insurance brokerage compensation investigations, the World Trade Center trial, the St. Paul-Travelers merger and the UnumProvident settlement, all of which have their roots in this region but grew to...
A Retrospective Look at the Nonstandard Auto Market
Dec 20 2004 // The nonstandard automobile insurance sector is cyclical in nature, characterized by periods of severe price competition and excess capacity followed by periods of high premium rates and shortages of underwriting capacity,...
NAIS Offers Admitted Truck Cargo Legal Liability
Dec 20 2004 // Clifford Mapes, president and CEO of National Advantage Insurance Services, Inc., recently added a new financially stable carrier for monoline motor truck cargo legal liability. The carrier is admitted and rated A++XV by...
TENN. TO USE CARS AS BAIT:
Dec 20 2004 // Morristown, Tenn., authorities plan to use cars as bait to catch car thieves red-handed and to reduce the local car theft rate–insurance companies, noting that such programs have cut the theft rate by as much as 25...
Average Rate Cut Slightly, Inexperienced Drivers to Pay More, Under 2005 Mass. Auto Insurance Decision
Dec 17 2004 // Massachusetts Insurance Commissioner Julianne M. Bowler issued a decision in the 2005 private passenger insurance rate case that will result in a statewide average rate decrease of 1.69 percent next year. The new rate...
Zurich Board Chairman Van Wachem to Retire; Gentz Chosen as Successor
Dec 16 2004 // Zurich Financial Services announced that its Board of Directors will propose to the 2005 Annual General Meeting of shareholders on April 19 the election of Manfred Gentz (62) to the Board of Directors. When he has been...
N.Y. Insurance Department to Approve 6% Auto Rate Drop for GEICO Customers
Dec 16 2004 // New York Superintendent of Insurance Gregory Serio announced on Thursday that GEICO auto insurance customers in New York State will see an across-the-board rate reduction in 2005 resulting in a savings of 6 percent for a...
Garamendi Announces Results of Low Cost Auto Outreach Campaign
Dec 16 2004 // Insurance Commissioner John Garamendi announced the initial results of the aggressive outreach campaign launched in August 2004 to enroll eligible Los Angeles drivers in the California Low Cost Auto Insurance Program...
State Farm to Reduce Tenn. Auto Rates
Dec 16 2004 // Almost a million motorists in the volunteer state will soon pay less for their car insurance. State Farm has announced they it will lower insurance rates for drivers in Tennessee by an average of 2 percent in 2005. Overall...
Mass. 2005 Car Insurance Decision Due Today
Dec 15 2004 // Massachusetts Insurance Commissioner Julianne Bowler is expected to announce today, Dec. 15, her decision setting private passenger auto insurance rates for 2005. The final briefs in the 2005 private passenger auto...
For Mass. Insurance Agents, AG Reilly No Ally
Dec 14 2004 // Massachusetts Attorney General Tom Reilly, who is expected to run for governor, has a history of making life difficult for the state’s independent insurance agents. Last week, the Massachusetts Association of...
Nazario to Administer American Hobbyist’s Florida Office
Dec 8 2004 // Mady Nazario has been promoted from underwriter to office administrator of American Hobbyist Insurance Inc.’s national office in Stuart, Fla. The firm is a national provider of collector-vehicle insurance. The...
Auto Physical Damage
Dec 6 2004 // Nuts & Bolts: Victor O. Schinnerer and Co. has a new line of auto physical damage insurance coverage for vehicles such as trucks, buses, emergency vehicles, (including ambulances), fire trucks, police cars, and all...
Mass. Commissioner Facing Facts About Auto System
Dec 6 2004 // It’s time for Massachusetts to face the facts about its old ways of tightly regulating private passenger auto insurance and create a modern day system, Massachusetts Insurance Commissioner Julianne Bowler told agents...
N.Y. TO REVIEW AUTO RATES:
Dec 6 2004 // New York Superintendent of Insurance Gregory Serio, citing steep declines in insurer losses as a result of successful fraud fighting, has launched a review of auto insurance rates for private passenger vehicles in the...
Progressive’s Black Box: Is Big Brother Good for the Industry?
Dec 6 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
TEXAS FIRST IN CRASHES WITH ANIMALS:
Dec 6 2004 // Far more people have died in Texas motor vehicle collisions with animals than in any other state. Many of these fatalities could have been prevented if motorists had worn seatbelts or motorcyclists had worn helmets. A new...
Friends + Cars = Specialty Market Success
Dec 6 2004 // Steve Marlin is in the driver’s seat of the collector-car market in Long Island. In 1999, the Deer Park, N.Y., agent (whose passion for cars led him to the presidency of the local Corvette collectors’ club)...
