Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Bay Area Trio Allegedy Conspired to Commit Fraud
Apr 29 2001 // The California Department of Insurance (CDI) Fraud Division arrested Antioch resident Rudolfo Villasenor, 28, for felony insurance fraud and possession of dangerous drugs/narcotics, along with Ruben Rodriguez, Jr., 25, of...
Fair Oaks Man Arrested on Fraud Charge
Apr 29 2001 // Stanislav Svinarenko was booked into the Sacramento County Jail with bail set at $5,000 after being arrested on one count of insurance fraud. The Fair Oaks resident faces up to five years in state prison, with a possible...
Philadelphia Resident Caught in Auto Fraud Scheme
Apr 29 2001 // The CDI announced the arrest of John Martin by the Philadelphia Police Department Felony Warrant Detail. The arrest warrant was issued in Orange Superior County Superior Court in response to two felony charges filed by the...
Conning Predicts Rise in Premium Rates for All P/C Lines
Apr 28 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Phoenix Reports Highest Rate of Car Thefts in Nation
Apr 25 2001 // Based on FBI statistics, the National Insurance Crime Bureau (NICB) said the Phoenix area reported 979 auto thefts for every 100,000 of its residents last year–the worst rate in the nation. Phoenix is the...
IRC Reports Increase in Losses in NY No-Fault Auto Claims
Apr 21 2001 // According to a new study by the Insurance Research Council (IRC), a division of the American Institute for CPCU and the Insurance Institute of America, losses in Personal Injury Protection (PIP) claims rose by 79 percent...
Top 25 US Areas for Auto Theft
Apr 11 2001 // The top 25 U.S. metropolitan areas in rates of stolen vehicles last year, according to the National Insurance Crime Bureau’s analysis of FBI figures. Listed cities include their ranking last year in parenthesis,...
This Picture’s Worth a Thousand Words
Apr 9 2001 // Following a 14-month investigation by the CDI Criminal Investigations Branch, four Southern California residents were arraigned in Los Angeles Superior Court. Lynnette Ammons, 37, of Inglewood; Anthony Graham Jr., 21, of...
AMWEST HALTS COMM. AUTO
Apr 2 2001 // Amwest Insurance Group Inc. announced March 19 that it would immediately cease writing new commercial automobile policies. The decision to discontinue this product line follows the company’s plan of reorganization...
Red-Light Runners on Film
Mar 26 2001 // Flash, flash, flash-it looks just like Oscar Night as car after car speeds through the intersection on a red light. Those of us calmly awaiting the next green shake our heads-“Can you believe that guy?” Each...
AMWEST EXITS COMM. AUTO
Mar 26 2001 // Amwest Insurance Group Inc. announced that it will immediately cease writing new commercial automobile policies. The decision to discontinue this product line follows the company’s plan of reorganization previously...
CPIA Takes National Sales & Marketing Education Conference to San Diego
Mar 26 2001 // Members of the Certified Professional Insurance Agent (CPIA) Society enjoyed a valuable National Sales & Marketing Education Conference March 7-10 in San Diego’s balmy climate. Attendees had the opportunity to...
Car Parts Monopoly Bill Defeated
Mar 23 2001 // The North Dakota House voted 74-to-22 Wednesday to reject the bill that, in its original form, would have created a car manufacturer monopoly on auto repair parts and higher costs for consumers. “The [National...
Amwest Discontinues Commercial Auto Program
Mar 20 2001 // Amwest Insurance Group Inc. announced that it will immediately cease writing new commercial automobile policies. The decision to discontinue this product line follows the company’s plan of reorganization previously...
KINGSWAY ENTERS U.S. AUTO MARKET
Mar 19 2001 // Kingsway Financial Services has entered into an agreement with The Access Group to underwrite private passenger auto insurance in the United States, beginning in Georgia, through its wholly owned subsidiary, Lincoln...
New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market
Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...
UM/UIM Developments
Mar 19 2001 // Insurance covers accidents. In the legal world, we call these “fortuities”, but it all boils down to accidental happenings. First-party insurance, for example property insurance, covers financial losses...
DRAMA in the Nonstandard Arena: The NONSTANDARD AUTO MARKET gets ready for action that will include
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...
Hanging On to Market Share (Sell ‘Em More Stuff)
Mar 19 2001 // As a distribution channel, independent agents are doing a fairly good job of holding down the fort. The Independent Insurance Agents of America recently examined market share among the three channels: direct response,...
CPIA Holds Sales, Marketing Conference in San Diego
Mar 14 2001 // Members of the Certified Professional Insurance Agent Society attended an educational National Sales & Marketing Education Conference March 7-10 in San Diego. With a smaller-than-anticipated turnout, attendees had the...
