Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
New La. Auto, Homeowners Rate Comparison Guides Available
Aug 20 2002 // Louisiana Acting Commissioner of Insurance J. Robert Wooley announced the compilation of new rate comparison guides for auto and homeowners insurance, which are available free of charge. “Both the auto and the...
State Auto Financial Announces Dividend Increase
Aug 19 2002 // The board of directors of Ohio-based State Auto Financial Corporation voted to increase the quarterly cash dividend to $0.035 per share, payable Sept. 30, 2002, to shareholders of record at the close of business on Sept....
Calif. Woman Arrested for Auto Fraud
Aug 19 2002 // Monique E. Henriquez, 37, of Elk Grove, Calif., surrendered to authorities in Sacramento County on four counts of insurance fraud. According to an investigation by the CDI, Henriquez’s State Farm automobile policy...
Friends Caught in Auto Fraud Scheme
Aug 19 2002 // A Sacramento man was arrested by the CDI’s Organized Auto Fraud Interdiction Task Force on charges of auto insurance fraud. An Oregon man who allegedly acted as an accomplice is expected to surrender to authorities...
Mo. Ranks 32nd in Costs for Insuring Passenger Cars, Trucks
Aug 16 2002 // Residents of 30 states and the District of Columbia on average paid more in 2000 to insure their autos than Missourians, according to a new national study. With about 4 million passenger cars and trucks on the road in the...
Ala. Dept. to Hold Auto Rate Hearing Sept. 17
Aug 16 2002 // The Alabama Commissioner of Insurance will hold a hearing Sept. 17 at 10 a.m. at the offices of the Alabama Department of Insurance, 201 Monroe Street, Suite 1700, Montgomery. The hearing will be used to discuss a revision...
Kemper Expands Web Training for Agents
Aug 14 2002 // Kemper Auto and Home, formerly Individual Family and Group (IFG) are adding a pair of training seminars to its roster. To date, more than 3,000 new and existing agents have participated in the program since it was first...
Vesta Declares Cash Dividend, Receives Negative Outlook from Fitch
Aug 9 2002 // Alabama-based Vesta Insurance Group, a holding company for various insurance and financial service firms, announced its board of directors has declared a quarterly cash dividend of $0.025 per share for the period ending...
New Jersey Skylands Group Targets Local Auto Market
Aug 7 2002 // OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. announced the formation of New Jersey Skylands Insurance Group as part of a restructuring of its New Jersey Personal Lines operation....
Calif. Authorities Bust Major Auto Fraud Ring
Aug 5 2002 // In its largest bust to date, the Los Angeles County Organized Auto Fraud Interdiction Task Force and 120 law enforcement officers and investigators executed arrest warrants July 16 for 28 individuals charged with insurance...
ISO Integrater
Aug 5 2002 // Insurance Services Office Inc. (ISO) has expanded ISO IntegRater™ to deliver commercial-auto advisory loss costs and rating factors so insurers can directly incorporate the information into their rating and...
FARMERS EXCHANGE AND TRUCK EXCHANGE SUE BODY SHOP
Aug 5 2002 // Farmers Insurance Exchange and Truck Insurance Exchange began serving summons and complaints July 16 upon a Contra Costa County, Calif. body shop and its owners, accusing them of taking part in a large-scale scheme...
Calif. Authorities Bust Major Auto Fraud Ring
Aug 5 2002 // In its largest bust to date, the Los Angeles County Organized Auto Fraud Interdiction Task Force and 120 law enforcement officers and investigators executed arrest warrants July 16 for 28 individuals charged with insurance...
Calif Men Arrested for Alleged Fraud, Arson
Aug 2 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested two men on insurance fraud and arson charges. Emmanuel Benavides Torres, 25, and Oscar Gomez...
NAII Requests Veto of Two N.Y. Bills
Aug 2 2002 // New York Governor George Pataki should veto two bills that would cause problems for consumers by expanding auto insurance liability for personal and rental vehicles, according to the National Association of Independent...
Ohio Casualty Reports Drop in Net Income for 2ndQ
Aug 2 2002 // Ohio Casualty Corporation, based in Fairfield, Ohio, announced net income of $13.1 million, or $0.21 per share, for the second quarter ended June 30. In the same quarter of 2001, the Corporation reported net income of...
AAI Characterizes NAIC Report on N.Y., N.J. Auto Costs ‘Misleading’
Jul 31 2002 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums, released last week, is “nothing more than an exercise in irrelevance and a misleading barometer of who pays...
Van Eeten Installed as AAIP President
Jul 31 2002 // The Austin Association of Insurance Professionals (AAIP), formerly known as Insurance Women of Austin, Texas, elected and installed Kathy Van Eeten, Crump Insurance Services, as its president for 2002/2003. Other officers...
IIABA Outlines Models for Auto Reform to NCSL
Jul 31 2002 // Today’s auto insurance oversight system suffers from a lack of efficiency, cost effectiveness, and timely decision-making, but greater regulatory reliance on market competition would help streamline and depoliticize...
Ohio Auto, Homeowners Rates among the Lowest in Nation
Jul 30 2002 // Ohio automobile insurance consumers continue to fair well when compared to consumers in other states according to Ohio Insurance Director Lee Covington. According to an annual survey and analysis of national automobile...
