Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
New York Auto Theft Ring Shut Down; 17 Indicted
Nov 27 2000 // New York Superintendent of Insurance Neil D. Levin announced the indictment of 17 individuals in connection with the operation of a multimillion-dollar auto theft, dismantling and stolen parts ring operating in Queens and...
NEW PAGE FOR RENTAL CARS
Nov 27 2000 // Effective Jan. 1, 2001, rental car companies that offer or sell insurance must be licensed by the California Department of Insurance (CDI) as an insurance agent, broker or as a rental car agent. The CDI has added a...
Massachusetts AG Urges Auto Rate Cuts
Nov 22 2000 // Massachusetts Attorney General Thomas Reilly joined the State Rating Bureau yesterday in urging state insurance regulators to cut personal auto insurance rates. The AG’s office called for a 10 percent decrease. The...
Missouri Uninsured Driver Rate Down 18 Percent in 1999
Nov 22 2000 // Missouri’s projected rate of uninsured passenger vehicles dropped by 18 percent—or 63,000 autos—during 1999, reaching the lowest levels since the state enacted its current mandatory insurance law in 1987,...
New Rental Car Insurance Licensing Info Added to CDI’s Website
Nov 21 2000 // Effective Jan. 1, 2001, rental car companies that offer or sell insurance must be licensed by the California Department of Insurance (CDI) as an insurance agent, broker or as a rental car agent. The CDI has added a...
Feds Stop ‘Bumper Car’ Fraud Scheme
Nov 20 2000 // Federal authorities charged 53 people last week in a $1 million insurance fraud scheme in New York. The FBI arrested 29 suspects, including the managers of a physical therapy clinic. The rest were being sought, except for...
Artisan Contractor
Nov 20 2000 // Class Strong Despite construction Defect Litigation, Hardening Market and Slowing economy The building boom across much of the country resulting from nearly 10 years of economic expansion has also resulted in a business...
Predictions for the 2001 Auto Market’
Nov 20 2000 // Predictions for the 2001 Auto Market? Enforcing Uninsured Driver Laws Should Be A Top Agenda Item What will the Texas auto market look like in 2001? The question is being asked at every professional meeting, on every golf...
Questions&Answers
Nov 20 2000 // Q We have a company that says they are not going to use the benchmark rates approved in June for residential property. Can they do that and how do the benchmarks work? A If it is a Texas Lloyds company, it is not required...
Questions & Answers
Nov 20 2000 // Q. We have a company that says they are not going to use the benchmark rates approved in June for residential property. Can they do that and how do the benchmarks work? A. If it is a Texas Lloyds company, it is not...
Baldwin Park Woman Turns Herself in For Auto Fraud, Grand Theft
Nov 15 2000 // Elvira Marcela Santamaria of Baldwin Park, Calif., turned herself in to the Tulare Superior Court, Visalia Division, after learning a five-count auto insurance fraud and grand theft warrant had been issued for her...
National Insurance Crime Bureau Lists Top Autos Targeted by Thieves
Nov 14 2000 // Thieves continue to find sport utility vehicles, pickup trucks, and mini-vans attractive targets. According to a new study conducted by the National Insurance Crime Bureau, a not-for-profit insurance organization committed...
Calif. State Auto Bureau Downgraded
Nov 13 2000 // The financial strength rating (FSR) of the California State Automobile Association Inter-Insurance Bureau was downgraded from “A+” to “A” by A.M. Best. Best indicated that the downgrade reflected a...
37 Indicted in Auto Insurance Fraud
Nov 10 2000 // An insurance fraud ring run by Ukrainian and Russian immigrants was broken up Thursday with the arrest of 22 people involved in selling cars then allegedly reporting them stolen. In all, 37 people were indicted in the...
STATE AUTO TO PURCHASE MERIDIAN
Nov 6 2000 // Meridian Insurance Group will be purchased by State Auto Financial Corp. of Columbus, Ohio. The company will pay $30 a share, or more than $228 million, to buy the large Indiana insurer. The deal brings to an end the...
Autobytel.com Forms Partnerships for New Aftermarket Internet Sales Channel
Oct 31 2000 // Irvine, Calif.-based Autobytel.com Inc. announced it had formed partnerships with EyeVelocity, Source One Marketing, and automotive aftermarket accessory manufacturers LoJack, Katzkin Leather Inc., Saddleman and Steel...
Independent currents:Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
Insurance Groups Voice NAFTA Concerns
Oct 30 2000 // The provisions of the North American Free Trade Agreement have been in place for several years, but Mexico and the U.S. have yet to simplify cross-border shipping by implementing a feasible cross-border insurance system...
Independent currents Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
EU Demands Italy Lift Auto Rate Freeze
Oct 27 2000 // The European Commission, the European Union’s administrative arm, has given the Italian government three weeks in which to end its price freeze on automobile insurance premiums, in effect since the beginning of the...
