Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
N.J. Auto Reforms Continue Drive Forward
Mar 3 2004 // New Jersey Banking and Insurance Commissioner Holly Bakke announced this week that the competitive auto insurance marketplace that is emerging in New Jersey reportedly as a result of Governor McGreevey’s reforms is...
FastSnap.com announces new photo service designed to assist Auto Claims Departments
Mar 3 2004 // Fastsnap.com, an online digital photo service provider for the P&C Industry, is pleased to announce a new service targeted at Claims Divisions. This new service will provide timely and accurate digital photos of...
Visa Expands Auto Rental Insurance Coverage
Mar 2 2004 // Visa USA has begun providing car rental insurance to all of its credit card holders, effective March 1. The company, based in San Francisco, said the insurance — also known as collision damage waiver coverage —...
Progressive Offers Commercial Auto in Dakotas
Mar 1 2004 // The Mayfield Village, Ohio-based Progressive group of insurance companies, the country’s number one monoline commercial auto insurer, has announced plans to start selling its commercial auto product in both North and...
Fitch: Competition May Brake Auto Rate Increases
Mar 1 2004 // The U.S. auto insurance sector may be approaching a yield sign of increased competition after cruising through favorable pricing conditions for the last three years, according to a special report by Fitch Ratings. Though...
Midsize Cars Earn Poor or Marginal Ratings in Low Speed Bumper Crash Tests
Mar 1 2004 // Five of six new midsize cars earned poor or marginal ratings in low-speed crash tests conducted by the Insurance Institute for Highway Safety. Only one model, the Mitsubishi Galant, earned the second highest rating of...
Auto, HO Rate Changes in the Works in Pennsylvania
Mar 1 2004 // The industry’s Insurance Services Office, Inc. has asked the Pennsylvania Insurance Department to permit a loss cost decrease of 1.8% on all policies written on or after Dec. 1, 2004 for private passenger automobile...
ISO A-PLUS Delivers Vehicle-Registration Reports to Auto Insurers
Feb 27 2004 // Auto insurers are now able to receive accurate, comprehensive Vehicle-Registration Reports on their policyholders from Insurance Services Office, Inc.’s (ISO) A-PLUS – unit, making it easy to assess auto risks...
New Brunswick Insurers Plan to Lower Auto Rates
Feb 26 2004 // The Insurance Bureau of Canada (IBC) has announced an action plan to bring premium rates down quickly throughout the province of New Brunswick. It’s being adopted in response to government pressure and public outcry...
N.Y. Gov. Pataki Announces $4.3 Million in Grants to Combat Auto Theft and Fraud
Feb 26 2004 // Governor George E. Pataki has announced $4.3 million in grants to 27 programs to reduce motor vehicle theft and insurance fraud across New York State. The funding will be distributed to programs that provide law...
Mountaineer State Faces Many of the Nation’s Same Issues
Feb 26 2004 // While not the biggest state in the southeastern region, West Virginia like all other states has its insurance issues. Insurance Commissioner Jane Cline recently set aside some time to talk with Insurance Journal Southeast...
North Carolina Commissioner Orders Hearing on 2004 Auto Rate Filing
Feb 25 2004 // North Carolina Insurance Commissioner Jim Long has ordered a hearing to discuss the insurance industry’s latest request for an increase in auto insurance rates. Long will preside over the hearing, called for July 26...
AUTO RESIDUAL MARKET LOSSES RISE
Feb 23 2004 // The Property Casualty Insurers Association of America reported that residual market plans for private passenger auto insurance continue to result in significant losses. The private passenger auto residual market increased...
MICH., MO. SHARED AUTO PLANS HAD UNDERWRITING LOSSES:
Feb 23 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, and...
FIRST ARSON HOTLINE REWARD:
Feb 23 2004 // A $500 reward has been given to a man who called the State Fire Marshal’s Office Arson Hotline to report a case of arson. The call led to the arrest and conviction of 26-year-old Laurie Granado of Austin on charges...
Reflections from Rip Van Winkle
Feb 23 2004 // From 1979 to 1988 I had the pleasure of serving as executive V. P. of the Independent Insurance Agents of Arkansas. For the past fifteen years I have served as the lobbyist for the Arkansas Medical Society. When Kelley...
AIA CALLS FOR STANDARDIZED USE OF EVENT DATA RECORDERS TO IMPROVE VEHICLE SAFETY:
Feb 23 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...
Five Monterey County Shop Owners Arrested in Auto Fraud Ring
Feb 23 2004 // Monterey County Sheriff’s Department arrested five businesses in one of the largest undercover insurance fraud sting operations in the history of Monterey County. Arrested were: 40-year-old David Alan Long, owner of...
Brooke Subsidiary Introduces Auto Insurance Specialty
Feb 19 2004 // Shawn Lowry, president of Overland Park, Kan.-based Brooke Corp.’s franchise subsidiary, announced the introduction of a Brooke franchise for insurance agents that specialize in the sale of automobile...
N.J. Department of Banking and Insurance Unveils 2003 Auto Company Performance Info for Residents
Feb 19 2004 // In an ongoing effort to reportedly give New Jersey residents the tools they need to choose the auto insurance policy that is right for them, the Department of Banking and Insurance recently released the first Auto Company...
