Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Octo Telematics to Provide Commercial Fleet Telematics to Mexico Auto Insurer
Jan 30 2019 // Octo Telematics, the Rome-based provider of telematics and data analytics solutions for the auto insurance industry, has partnered with Qualitas, Mexico’s largest auto insurer with operations throughout Mexico, Latin...
Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources
Jan 29 2019 // Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co., people with knowledge of the matter...
Prime Property & Casualty Insurance Enters Kentucky Commercial Auto Market
Jan 29 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kentucky commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI offers the capacity...
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, Distracted Driving
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Texas DOT Creating Connected, Autonomous Vehicle Task Force
Jan 28 2019 // Texas Department of Transportation says its Connected and Autonomous Vehicle (CAV) Task Force will soon become a central point for CAV advancement in Texas. The task force is designed to be a one-stop resource for...
Progressive Takes Aim at Multi-Line Insurers
Jan 25 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 last...
Former Farmers, AIG Direct, 21st Century Exec DeSantis Named President, CEO of The General
Jan 18 2019 // Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to the new position of president and chief executive officer, joining Chief Operating Officer Steve Tjugum as the...
Florida Jury Awards Family $500M in Wrongful Death Suit Over Car Shooting
Jan 18 2019 // A Florida jury has awarded nearly $500 million to the family of a woman fatally shot during an argument in a car in 2011. The family of 20-year-old Kalil McCoy of Jacksonville filed a wrongful death lawsuit against the man...
Michigan Senate GOP Priority: Cutting Car Insurance Rates
Jan 17 2019 // Michigan Senate Republicans have signaled their intent to make lowering high auto insurance premiums a top priority in the two-year session, proposing legislation that would make it optional for Michigan drivers to buy...
Mass. SJC Says Police Can Make Drugged Driving Arrest Based on Observations
Jan 17 2019 // The Massachusetts Supreme Court has ruled that a state police officer was justified in arresting a suspect for driving under the influence of marijuana based on the officer’s observations of the driver’s...
Finchum Named Head of MetLife Auto & Home
Jan 17 2019 // MetLife has named Darla Finchum as head of the company’s U.S. property/casualty business, MetLife Auto & Home. Finchum has been serving in this role on an interim basis since August, 2018. She will be responsible...
Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead
Jan 16 2019 // Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report. The market improvement was driven by the...
How Lighting Could Make Autonomous Vehicles Safer for Pedestrians
Jan 14 2019 // Reducing autonomous vehicle accidents during testing may be as easy as adding lighting to warn pedestrians. South Korean car parts firm Hyundai Mobis showcased what it calls its Communication Lighting concept at the CES...
Kansas Insurance Department Issues Alert on Potential Auto Insurance Scam
Jan 11 2019 // Kansas Commissioner of Insurance Ken Selzer has issued a warning about a potential auto insurance telephone scam. According to information from insurance officials, the caller uses the following introduction: “Hi...
Denmark Bans Truck Trailers on Trains After Deadly Accident
Jan 10 2019 // Denmark has banned truck trailers on trains following a deadly accident last week in which a high-speed passenger train struck cargo that had fallen off a freight train coming from the opposite direction. The Danish...
Fiat Chrysler to Pay $700M to U.S., States, Car Owners Over Diesel Emissions Claims
Jan 10 2019 // Fiat Chrysler Automobiles NV will pay more than $700 million to resolve lawsuits from the U.S. Justice Department and diesel owners over claims it used illegal software to allow 104,000 diesel vehicles to emit excess...
California Prohibits Auto Insurers From Considering Gender When Setting Prices
Jan 8 2019 // Consumer groups applauded the outgoing California insurance commissioner for adopting regulations to prohibit gender use in auto insurance pricing in California. Outgoing California Insurance Commissioner Dave Jones issued...
Safety Sharing Economy: Toyota Offers Its Driver Assistance Technology to Competitors
Jan 8 2019 // Toyota Motor Corp. — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving technology to keep cars from crashing. The system,...
Smart Car Makers See Safety Enhancements Turning Into Revenue Opportunities
Jan 8 2019 // As vehicles get smarter, your car will be keeping eyes on you. This week at CES, the international consumer electronics show in Las Vegas, a host of startup companies will demonstrate to global automakers how the sensor...
Neon Sponsors 2nd ILS Transaction via UK Transformer Vehicle NCM Re
Jan 8 2019 // Neon announced it successfully has raised third party capital to support its second insurance linked securities (ILS) transaction through its UK-based transformer vehicle, NCM Re. This marks the first reinsurance renewal...
