Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Laying the Bike Down. Where Insurance and Motorcycles Meet
Oct 3 2018 // I had a conversation last week that gives me hope for society and makes me angry at the same time. It all goes back to an unfortunate incident where a friend had a motorcycle accident. He and his bike are in rough shape....
Wells Fargo Must Do More to Repay Cheated Auto Insureds, Says U.S. Comptroller
Oct 3 2018 // Wells Fargo & Co. has not convinced U.S. regulators it is doing enough to repay 600,000 drivers who were wrongly pushed into buying auto insurance, a leading bank regulator said on Tuesday. “We are not...
Credit Karma Enters Auto Insurance Market
Oct 3 2018 // Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies. The tool generates suggestions by...
Linking P/C Auto Insurance Customer Experience to Improved Financial Value
Oct 2 2018 // Most insurance organizations have historically built strategic plans around a few core tenets: 1) increasing sales (market share and growth); 2) improving acquisition or retention; 3) increased persistency; and 4)...
Why Hospitals Charge Auto Insurance, Workers’ Compensation Patients Much More Than Health Insurers
Oct 1 2018 // Insurer market power matters in hospital pricing. Patients with automobile, workers’ compensation, and other non-conventional commercial insurance plans paid much higher prices than patients with HMO/PPO health...
Top 20 Private Passenger Auto Liability Insurers in Louisiana
Oct 1 2018 // 1.State Farm Mutual Automobile Insurance Company Market Share: 31.06% 2. Progressive Security Insurance Company Market Share: 10.19% 3. Allstate Property and Casualty Insurance Company Market Share: 7.08% 4. Geico Casualty...
Louisiana Auto Insurance Rate Hikes Lower This Year
Oct 1 2018 // Louisiana’s insurance commissioner says the state’s auto insurance market may be stabilizing, with a smaller rise in premiums expected this year compared with prior years. Insurance Commissioner Jim Donelon...
TAIPA Files Private Passenger, Commercial Auto Rate Increases
Oct 1 2018 // The Texas Automobile Insurance Plan Association filed rate increases of 4.9 percent for private passenger auto insurance and 3.9 percent for commercial auto coverage. The proposed rate increases for new and renewal...
Commercial Auto: Profitability Issues Remain, but There’s Light at the End of Tunnel
Oct 1 2018 // Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have...
Toyota Eyes Future When People Don’t Buy Cars, Pushing Ride-Hailing Ties, Insurance
Sep 27 2018 // Toyota Motor Corp., Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars. That’s behind the hefty investments that the company has made in ride-hailing providers, most...
Insurers Tell Congress Trump Tariffs Harm Insurance Consumers
Sep 27 2018 // As the Trump Administration continues to slap tariffs onto various consumer products, property/casualty insurers are increasingly concerned how some of these actions will affect the cost of auto and home insurance. Auto...
Florida Auto Shop Suffers $800k in Damage After Car Crashes Into It, Causes Fire
Sep 27 2018 // Fire officials say a Florida auto shop erupted in flames when a vehicle crashed into it. Tampa Fire Rescue reports multiple people called 911 early Saturday morning to report the fire at a Havoline Express Lube shop. The...
FEMA Chief Long to Keep Job, Repay Government for Car Misuse
Sep 24 2018 // The head of the federal disaster response agency used government vehicles without proper authorization, but will not lose his job over it, Homeland Security Secretary Kirstjen Nielsen said Friday. Federal Emergency...
Donelon: Louisiana Auto Insurance Rate Hikes Lower This Year
Sep 20 2018 // Louisiana’s insurance commissioner says the state’s auto insurance market may be stabilizing, with a smaller rise in premiums expected this year compared with prior years. Insurance Commissioner Jim Donelon...
Assurant Invests in Connected Car Services Startup
Sep 20 2018 // Niche market specialty insurer Assurant has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a technology platform and...
Kansas City Star: Changes Urged After Spike in Deadly Big Truck Crashes
Sep 17 2018 // Tractor-trailers and other large trucks aren’t required to have crash-avoidance technology, despite thousands of crashes annually and repeated calls for it to be mandated. Federal data shows that more than 4,300...
Auto Dealers Safety Group Gets $1M Dividend from Texas Mutual
Sep 17 2018 // Texas Mutual Insurance Company, a policyholder-owned company, recently awarded a dividend of $1,060,313 to the Lone Star Auto Dealers Association (LSADA) safety group, which includes franchised auto, truck, RV, boat and...
VW, Other Carmakers in Talks Over Autonomous Vehicle Standards
Sep 17 2018 // Germany’s Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive News reported on Friday. The Volkswagen Group is discussing the initiative with more than...
High Customer Expectations Leads to New Challenges for Insurance Satisfaction
Sep 17 2018 // Record high customer satisfaction among auto insurance customers is clearly good news for customers, especially at a time when their overall customer experience is being tested by the rising cost of auto insurance. For...
Texas Auto Insurance Residual Plan Files Rate Increases
Sep 14 2018 // The auto insurer of last resort in Texas has filed rate increases for both private passenger and commercial auto coverage. The Texas Department of Insurance reported that the Texas Automobile Insurance Plan Association has...
