Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Lessons Learned from a Cherry Red Car
Jan 3 2005 // The last Oldsmobile, painted a commemorative dark cherry red, rolled off the assembly line in April 2004. During its 107-year history, the company produced more than 35 million cars and pioneered innovations like...
GARAMENDI ANNOUNCES RESULTS OF LOW COST AUTO OUTREACH CAMPAIGN:
Jan 3 2005 // 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...
Lessons Learned from a Cherry Red Car
Jan 3 2005 // The last Oldsmobile, painted a commemorative dark cherry red, rolled off the assembly line in April 2004. During its 107-year history, the company produced more than 35 million cars and pioneered innovations like...
N.Y. No-Fault Insurance Fraud Ring Busted
Dec 30 2004 // New York Attorney General Eliot Spitzer and State Insurance Superintendent Gregory Serio on Wednesday announced the arrest of 31 members of a Bronx based no-fault insurance fraud ring that reportedly submitted phony...
Another N.Y. Auto Insurer Reduces Rates
Dec 30 2004 // New York Superintendent of Insurance Gregory V. Serio announced that Progressive Northeastern Insurance Company (PNEIC) will reduce its rates an average of 5.1 percent for 2005, saving its private passenger customers...
Dec., Jan. Worst Months for Auto-Deer Collisions in Ala.
Dec 28 2004 // There is one deer for every 2.5 registered vehicles in Alabama — 1.8 million deer and 4.5 million vehicles according to the Insurance Institute for Highway Safety in Arlington, Va. Usually, deer stay in the woods and...
Esurance Sales Center Plan Heats Up East Coast Auto Policy Competition
Dec 28 2004 // Esurance, a direct-to-consumer auto insurance company, has announced plans to open a new Tampa Sales Center and to hire 25 sales representatives. The new sales center will supplement activities at the company’s Tampa...
MetLife Names Rein to Chief Administrative Officer; Mullaney Succeeds Her at Metropolitan P&C
Dec 28 2004 // MetLife, Inc. has named Catherine A. Rein to the role of chief administrative officer, effective January 1, 2005. Reporting to MetLife, Inc. Chairman and Chief Executive Officer Robert H. Benmosche, Rein will oversee...
Met Life Agrees to Cut N.Y. Auto Rates 6%
Dec 23 2004 // Another auto insurer has agreed to reduce its rates in New York State in response to Superintendent of Insurance Greg Serio’s call for rate reviews. MetLife Auto & Home is reducing its auto insurance rates by an...
RLI Opens Commercial Auto Unit
Dec 22 2004 // RLI Transportation, a division of RLI Insurance Company, has launched a commercial auto insurance unit. According to RLI Transportation President David Dunn, the new unit will write mono-line commercial auto business with...
Calif. Mother Arrested in “Stuffed Passenger” Auto Insurance Accident Case
Dec 22 2004 // Ebony Kirk, 25, of Sacramento, was arrested and booked into the Sacramento County Jail for falsely reporting herself as a passenger in an auto accident occurring on Aug. 19, 2003. She was charged with four felony counts of...
Wis. Appeals Court: Judge Erred in General Casualty Auto Liability Limits Ruling
Dec 22 2004 // WAUSAU, Wis.—A Brown County judge erred in ruling that a car insurance policy must provide $1 million in coverage following a deadly crash involving a 16-year-old driver, a state appeals court ruled recently. The policy...
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...
