Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Fireman’s Fund to Stay in Mass. Personal Auto Market
Oct 27 2004 // Fireman’s Fund Insurance Company, on behalf of its various subsidiary companies, has reportedly rescinded its decision to withdraw from the Massachusetts personal automobile insurance market. “Over the past...
State Auto Financial Unveils Q3 Report
Oct 26 2004 // Ohio-based State Auto Financial Corp. reported third quarter net income of $5.0 million, or $0.12 per diluted share, versus $15.6 million or $0.38 per diluted share for the same period in 2003. Net operating earnings(a)...
ALLIANCE APPLAUDS PASSAGE OF SB 1500:
Oct 25 2004 // The American Agents Alliance congratulated State Senator Jackie Speier (D-Hillsborough) on the passage of SB 1500. Her legislation, which puts an end to debate over electronic auto insurance policy data sharing, as well as...
38 People Arrested in Calif. Insurance Scam
Oct 25 2004 // On Sept. 15, authorities completed arresting 38 people for alleged auto insurance fraud at more than 30 auto body shops in Riverside and San Bernardino Counties. The suspects were arrested over five days and booked into...
Is Big Brother Good for the Industry’
Oct 25 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...
Progressive Now Offering Commercial Auto in N.H.
Oct 22 2004 // As previously reported by Insurance Journal, The Progressive group of companies has begun offering commercial auto coverages in New Hampshire through more than 200 agents. The product is being marketing under its new Drive...
The Midland Co. Reports Q3 Profit
Oct 21 2004 // Cincinnati-based The Midland Company, a provider of specialty insurance products and services, reported results for the third quarter ended Sept. 30, 2004. Net income per share was 12 cents, which included 1 cent in...
IBC: Subaru Impreza Tops List of Most Stolen Vehicles
Oct 20 2004 // The Subaru Impreza WRX 4DR AWD holds two dubious distinctions this year: the top spot on Insurance Bureau of Canada’s (IBC) top 10 list of the country’s most frequently stolen vehicles, as well as topping the...
Mass. Couple Drive Into Auto Fraud Conviction
Oct 20 2004 // Two former Pittsfield, Massachusetts residents who reportedly submitted false claims to an auto insurance company were found guilty of insurance fraud, Attorney General Tom Reilly announced. Myriam Mojica, 40, and Rafael...
N.J. Women Pulled Over in Fraud Scam
Oct 19 2004 // New Jersey’s Division of Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained a State Grand Jury indictment charging an...
Hagerty to Write Lowriders
Oct 14 2004 // They scrape the pavement with ground-effects bodywork, shake side-to-side, and feature the fanciest air ride suspension systems on the market. These amazing cars, known as lowriders, are a fast-growing segment of the...
Ambulette Companies, Two Principals Offer Guilty Pleas in N.Y. No-Fault Billing Scam
Oct 14 2004 // New York Attorney General Eliot Spitzer and State Insurance Superintendent Gregory Serio announced guilty pleas to two separate indictments by owners of several ambulette companies for submitting fraudulent transportation...
Ontario Auto Insurers Make the Grade in Claim Satisfaction According to FSCO Survey
Oct 13 2004 // Auto insurers in Ontario, Canada have once again been given a top grade by customers making a claim. The annual Auto Claims Satisfaction Survey, issued by the Financial Services Commission of Ontario (FSCO), shows that 84...
N.J. Office Charges Philadelphia Man With Participation in Auto Scheme
Oct 13 2004 // Vaughn McKoy, director, Division of Criminal Justice, announced that New Jersey’s Office of Insurance Fraud Prosecutor has charged a Philadelphia man with conspiracy and theft as part of a $23,000 automobile...
Travelers Integrates Auto Report Ordering into Agent Web Site
Oct 12 2004 // Travelers, a member of St. Paul Travelers, announced it has made it easier for personal lines independent agents to do business by integrating the ordering of auto underwriting reports into its Agent HQ Web site. For auto...
Multiple Arrests in Two California Fraud Cases
Oct 12 2004 // Two separate investigations have resulted in nine arrests on felony insurance fraud charges, including one suspect who was extradited from Arizona and a tenth suspect still at large outside the U.S., officials announced on...
MASS. ADOPTS COMMERCIAL REFORMS:
Oct 11 2004 // Massachusetts Insurance Commissioner Julianne Bowler has approved plans to implement a limited servicing carrier program for the state’s commercial auto residual market as proposed by Commonwealth Auto Reinsurers...
MASS. AG SEEKS AUTO RATE CUT:
Oct 11 2004 // Following Up On His Previous Assertion That Auto Insurance In The State Is Too Profitable, Massachusetts Attorney General Thomas F. Reilly Has Called For A 6.2 Percent Cut In Private Passenger Auto Insurance Rates For Next...
Speier Addresses Attendees at American Agents Alliance Conference
Oct 11 2004 // Over 1,400 independent agents and brokers from California and Arizona descended upon Indian Wells, California this September for the 2004 American Agents Alliance Conference & Expo. Attendees took advantage of...
Progressive Hopes to Drive Market Share Its Way with New Agency Brand
Oct 11 2004 // Progressive Insurance Co.’s move to re-brand its independent agency segment is being met with good reviews from outside financial analysts and branding experts, but mixed reviews from the independent agents who are...
