Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Every Day, More Than 200 Cars with Keys Inside Are Stolen in U.S.: NICB
Mar 27 2019 // U.S. motorists appear to forgetting one of the earliest lessons of car ownership: Don’t leave the keys in the car. The National Insurance Crime Bureau reports that the number of vehicles stolen because drivers left...
ISO Offers Policy Rule, Rating Factors for Insuring Cars with Driver Assist Features
Mar 27 2019 // ISO has introduced a new policy manual rule and rating factors to help auto insurers underwrite and price coverage for the growing number of cars with advanced driver assistance systems (ADAS). ISO provides forms, rules...
Arkansas Insurance Department Warns of Fake Auto Policy Scam
Mar 26 2019 // Arkansas Insurance Commissioner Allen Kerr is warning consumers in his state to be wary of individuals posing as car insurance agents to sell fraudulent policies at car dealerships. In a media release, Kerr said the...
Errors a Problem for Oklahoma Program Targeting Uninsured Drivers
Mar 25 2019 // Nearly 5 percent of vehicles flagged as uninsured in Oklahoma were identified by error, according to a prosecutor who leads a new program that includes automatic license plate readers. The Oklahoma District Attorneys...
Analysis: Warren Buffett Champions an Inferior Product in THREE Policy
Mar 25 2019 // Warren Buffett, often ahead of the curve, sounded like a disrupter in a 2004 shareholder letter. Fifteen years ago, Buffett wrote, “Insurers have generally earned poor returns for a single reason: They sell a...
NTSB Says Impaired Truck Driver Likely Cause of GOP Train Crash in Virginia
Mar 25 2019 // A trash truck driver who had marijuana in his system likely caused a fatal collision last year with an Amtrak train that was carrying Republican lawmakers, federal investigators concluded. The National Transportation...
New York Man Arrested for Alleged Car Dealership Insurance Fraud Scheme
Mar 22 2019 // A Bronx County, N.Y., man has been arrested and arraigned on a felony complaint for an alleged insurance fraud scheme. Barrington Mayne, who is not an insurance broker, allegedly used his position and contacts at various...
9 Insurance Agency Start-Ups: Why and How They Set Out on Their Own
Mar 22 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...
Volvo Hopes to Deploy Sensors to Detect Drunk Drivers, Making Insurance Less Pricey
Mar 21 2019 // Volvo Cars is planning to fit its next generation of autos with cameras and sensors that will detect drunk or distracted drivers and intervene to stop dangerous rides. From the early 2020s, Volvos will have the ability to...
Texas Body Shop Owner Sentenced in Auto Insurance Fraud Case
Mar 20 2019 // A Travis County body shop owner has been sentenced to 10 years of probation after pleading guilty to reporting wrecks that never took place and damaging vehicles to increase insurance payouts, the Texas Department of...
How Laws Will Tell Humans From Robots Is No Joke: Viewpoint
Mar 18 2019 // There’s a lot of loose talk about convergence between people and robots. As some see it, the rise of artificial intelligence will make humans obsolete — or at least force people to think more like machines. Whether...
Wading into Flood Waters
Mar 18 2019 // Agents Should Place Added Focus on Coverage Differences in Expanding Private Flood Market It has been a long-held insurance axiom that flood is not considered an insurable peril due to its potentially catastrophic nature....
Progressive Looks to Lead the Pack of Multiline Insurers
Mar 18 2019 // With much of the property/casualty insurance industry’s attention focused on external threats from insurtechs and digital native companies, perhaps the greatest disruption is coming from within. Following the past...
Consumer Advocacy in an Age of Consumer, Insurer Options
Mar 18 2019 // Today’s Insurance Consumer Advocates Are Tackling Some New and Old Issues Years ago, insurance consumer advocates in the states were most often focused on getting consumers access to insurance at fair prices. They...
No Criminal Liability for Uber in Fatal 2018 Arizona Self-Driving Car Crash
Mar 18 2019 // Uber Technologies Inc. is not criminally liable in a March 2018 crash in Tempe, Ariz., in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said earlier this month. The Yavapai...
State Farm to Cut Auto Insurance Rates in South Carolina
Mar 18 2019 // State Farm Mutual Automobile Insurance Companies, the largest auto insurer in South Carolina, will cut its auto rates in the state for the second time in two years, according to a statement from the insurer. Overall...
Florida Governor Urges Lawmakers to Address AOB as Reforms Move Forward
Mar 15 2019 // Just over a week into the 2019 legislative session, insurance industry-supported bills aimed at reforming Florida assignment of benefits (AOB) abuse are making progress in the state legislature. Lawmakers in the Florida...
AGCS Launches Product Recall Cover for UK Auto Parts Manufacturers
Mar 14 2019 // Allianz Global Corporate & Specialty (AGCS), Allianz’ specialist corporate insurer, launched Automotive Component Parts Product Recall cover for the UK market, which enables customers to mitigate the risk of...
Moderating Auto Insurance Rates Help Explain Low Inflation
Mar 13 2019 // The latest culprit for cooling U.S. inflation: safer driving. A measure of underlying price pressures watched closely by policy makers continued to moderate in February, missing forecasts, according to data published...
North Carolina Insurance Fraud Round-Up: January, February
Mar 13 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to...
