Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Texas AG Reports Auto Repair Refund Deal with Farmers
Jul 29 2003 // According to Texas Attorney General Greg Abbott, the state has reached a settlement with Farmers Insurance Group that requires the company to refund an estimated $2.4 million to about 13,000 Texas motorists who may have...
Profitable Performance by Safeco’s Auto and Group Lines Drives Q2 Results
Jul 28 2003 // Profitable performance of its Auto and Group stop-loss medical insurance lines drove Safeco’s second-quarter results as the company reported net income of $111.9 million, or $0.81 per diluted share. This compares...
Insurers See Mixed Results in 2003 Legislation Affecting Motorcycle Insurance
Jul 25 2003 // As the public’s interest in motorcycle riding has reportedly grown over the last decade, so has insurance company interest grown in meeting the needs of this segment of the marketplace. According to the Motorcycle...
Farmers Lowers Kan. Auto Rates, Not Homeowners
Jul 25 2003 // An earlier Insurance Journal story incorrectly reported that Farmers Insurance Group was reducing homeowners rates in Kansas, when in actuality it was lowering auto rates. The story was based on an erroneous statement...
London American Has Four Markets for Commercial Auto
Jul 25 2003 // London American has available up to four markets for commercial auto in California. Classes include: Contractors, Retailers, Wholesalers and manufacturers. The markets offer light to extra heavy units with local to...
Zurich N.A. Enhances Small Biz Agents Web Site
Jul 23 2003 // Schaumburg, Ill.-based Zurich North America has announced enhancements to the automobile risk processing, risk processing tools and documents sections of its eZSB website for agents that write business for small...
Safeco Makes Commercial Auto Ins. Sales Faster, Easier
Jul 23 2003 // Safeco Business Insurance has expanded its online sales platform to make it faster and easier for agents to sell commercial auto insurance to small businesses. The platform, called ESP(TM), allows agents to quote, bind and...
Comm. Auto Comparative Rater Available Online from Superior Access
Jul 22 2003 // Irvine, Calif.-based Superior Access Insurance Services Inc. has announced the availability of its new Commercial Auto Comparative Rater for California agents. The current carriers participating in this exclusive on-line...
Truck Driver Found Guilty of Theft Against IWIF
Jul 22 2003 // A route truck driver working for a Baltimore County trucking company was recently found guilty of felony theft against IWIF, Maryland’s largest workers’ compensation insurance company, in Baltimore County...
N.Y. Officials Announce Arrest in 9/11 Auto Fraud Case
Jul 22 2003 // New York City Police Commissioner Raymond Kelly and New York State Insurance Superintendent Gregory Serio announced the arrest of Peter Perouza, 32, who is charged with insurance fraud and grand larceny stemming from a...
Mother and Son Face Fla. Auto Accident Fraud Charges
Jul 22 2003 // A woman and her son are facing insurance fraud charges after the two allegedly faked injuries from an automobile accident, according to the Florida Department of Financial Services. AIG Insurance Co. reported the...
As Summer Heats Up, So Does Vehicle Theft
Jul 21 2003 // While some of us may be living easy at the beach or in the mountains during the summer, it’s typically the season when auto thieves do most of their work. And it’s also a time when vehicle theft watchers come...
State Auto President Responds to Shepard Filing
Jul 21 2003 // State Auto President and CEO Robert H. Moone released the following statement in response to an SEC schedule 13D filing made today by investor Gregory M. Shepard, who is attempting a takeover of the Columbus, Ohio,...
CDI Busts Auto Fraud Ring
Jul 21 2003 // Eight people were arraigned recently on charges of insurance fraud and assault with a deadly weapon resulting from an ongoing investigation by the California Department of Insurance (CDI) Fraud Division, the California...
AIG Postpones N.J. Withdrawal Plan in Response to Auto Reforms
Jul 16 2003 // New Jersey Banking and Insurance Commissioner Holly Bakke announced a broad-ranging agreement recently to protect consumer access to automobile insurance in New Jersey, in which subsidiaries of American International Group...
N.J. Woman Charged With Using Phony Auto Insurance Card
Jul 15 2003 // New Jersey’s Attorney General Peter Harvey announced that an Essex County woman has been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with allegedly possessing a...
Calif. Trio Charged with 28 Counts of Auto Fraud
Jul 14 2003 // Three suspects were arrested and charged with 28 felony counts after an investigation by multiple agencies into a staged auto collision ring in the Los Angeles area, which cost insurance companies an estimated $1 million...
State Auto Financial Expects Storms to Impact Earnings
Jul 10 2003 // Ohio-based State Auto Financial Corporation has increased its estimate of May storm losses by $16 million, bringing the total to $39 to $42 million, pre-tax. This will add seven loss ratio points to the previous estimate...
Thieves Target Pickups in Texas
Jul 9 2003 // According to the Texas Department of Transportation, American-made pickup trucks are the most popular vehicles for thieves to steal in the state. And those most often stolen are not necessarily new. TxDOT named the General...
Chase to Return to Auto Leasing in R.I.
Jul 9 2003 // Chase Manhattan Automotive Finance Corporation, a subsidiary of JPMorgan Chase Bank, announced that it will return to the auto leasing business in Rhode Island immediately after the Governor signs a new bill limiting...
