Latest Auto Headlines

Residual Markets Continue to Burden Auto Insurers

Feb 9 2004 // A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. But one...

N.C. Department Responds to Auto Rate Filing

Feb 9 2004 // Insurance Commissioner Jim Long last week announced the receipt of the 2004 auto insurance rate filing from the North Carolina Rate Bureau (NCRB). The NCRB, an independent organization representing all auto insurance...

AIA Calls for Standardized Use of Event Data Recorders to Improve Vehicle Safety

Feb 9 2004 // At a recent meeting of the national leadership of the American Automobile Association (AAA), the American Insurance Association (AIA) urged a cooperative effort between motorists and insurers to call for the...

In Mass., Good Drivers Lose Discounts While Employer Groups Retain Theirs

Feb 9 2004 // Only three of the 19 companies still writing private passenger auto insurance in Massachusetts will offer discounts to safe drivers this year. Five years ago, there were one-third more writers of the coverage and most of...

NEW HAMPSHIRE AUTO RULES:

Feb 9 2004 // A New Hampshire legislative panel with responsibility for reviewing regulatory changes has cleared the way for a streamlining of the state’s automobile insurance system. The Joint Legislative Committee on...

N.J. AUTO MAY NOT BE UNPROFITABLE:

Feb 9 2004 // New Jersey’s new image as the poster child for insurance reform was looking a bit tarnished following the publication of statistics released by the National Association of Insurance Commissioners in January. They...

Feb 9 2004 // A recent national survey by Mayfield Village, Ohio-based vehicle insurer Progressive, found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it,...

Meeting the Challenge of Department of Motor Vehicles Reporting

Feb 9 2004 // Today, more than 20 states—and the number keeps rising—require insurance companies to report vehicle insurance information to their department of motor vehicles (DMV). The states want the information to enforce laws...

AUTO INSURANCE, WORKERS’ COMP EMERGE AGAIN AS TOP LEADING LEGAL ISSUE TRENDS:

Feb 9 2004 // Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related statutes enacted by state legislatures last year, according to the fifth annual analysis of...

Talking Tort with Colorado Commissioner Doug Dean

Feb 9 2004 // Washington Governor Bill Owens appointed Doug Dean commissioner of Insurance in January 2003. As commissioner, Dean heads the Division of Insurance, which is one of eight divisions within the Department of Regulatory...

Colorado Top 40 Commercial & Private Passenger Auto Insurers

Feb 9 2004 // The information provided below was taken from the 2002 Colorado Insurance Industry Statistical Report. All figures quoted are acquired from information filed by each company with the Colorado Division of Insurance, and the...

Survey: New Car Owners Know Little About Insurance Coverage

Feb 9 2004 // A recent national survey by Mayfield Village, Ohio-based vehicle insurer Progressive, found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it,...

No Brake Yet for Personal & Commercial Auto

Feb 9 2004 // The auto insurance market has come a long way since Travelers wrote the first third-party policy for Gilbert J. Loomis’s one-cylinder car in 1897. “I’ll never insure a gasoline can on wheels,”...

South Dakota Legislature Kills Auto Liability Increase Bill

Feb 5 2004 // The South Dakota legislature has killed a House bill that would have reportedly increased the cost of auto liability insurance by as much as 20 percent. “South Dakota is Number 46 among the 51 states in auto...

Brian Duffy Appointed Sr. VP of ACE Select Markets

Feb 5 2004 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies, announced the appointment of Brian Duffy as Senior Vice President, ACE Select Markets, based in Philadelphia. He will be “responsible for the...

The van Aartrijk Group Opens New Jersey Office; Wasilewski Named Senior Associate

Feb 4 2004 // The van Aartrijk Group LLC, a marketing communications firm specializing in insurance and financial services, has named Charles Wasilewski senior associate in conjunction with the opening of a New Jersey...

Mass. Agents Assn. Stresses Need for Participation in Auto Cost Study

Feb 4 2004 // If you’re asked to participate in the 2004 private passenger auto insurance agency cost study, it’s crucial for your future to do so. That’s the message the Massachusetts Association of Insurance Agents...

Auto Insurance, Workers’ Comp Emerge Again as Top Leading Legal Issue Trends

Jan 30 2004 // Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related statutes enacted by state legislatures last year, according to the fifth annual analysis of...

N.J. Man Charged with Stealing Thousands from 9/11 Disaster Programs Notes Additional Scams

Jan 27 2004 // New Jersey Attorney General Peter Harvey announced that a Camden County man previously convicted and sentenced to 10 years in state prison for stealing more than $140,000 in 9/11 survivor benefits has admitted committing...

SHEPARD EXTENDS STATE AUTO OFFER UNTIL FEB. 13:

Jan 26 2004 // Gregory M. Shepard recently announced a second extension of the expiration date of the tender offer made by himself and his wholly owned subsidiary, STFC Acquisition Corp., for 8 million shares of Columbus, Ohio-based...