Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Gateway Insurance Ratings Affirmed; Outlook Revised to Negative
May 26 2011 // A.M. Best Co. has revised the outlook to negative from positive and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Gateway Insurance Co. (Gateway) in St. Louis,...
Massachusetts AG Urges Rate Reduction for Commercial Auto
May 24 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by $1 billion over the last seven years and has asked the state’s insurance commissioner to slash premiums for...
Bus, Taxi Drivers Targeted in Ongoing New York Crackdown
May 11 2011 // The latest and broadest sting in a crackdown on commercial drivers that has ensnared 173 of them since a deadly March tour bus crash has netted nearly four dozen more arrests of drivers of tour buses, New York City buses,...
S.H. Smith & Co. Opens Northwest Office
Mar 25 2011 // S.H. Smith & Co. Inc., a wholesaler and managing general agent, announced it is expanding its market presence into the West by opening an office in the Northwest. Scott Smith, president, said, “We will focus on...
Progressive Extends Pet Injury Coverage to Commercial Auto Customers’ Pets
Mar 8 2011 // Business owners can now protect their dogs and cats with Progressive’s free Pet Injury coverage. How it works: If a dog or cat is hurt in a vehicle accident, Progressive will pay vet bills up to $1,000. Key Points:...
Starr Indemnity Launches Primary Commercial Auto Facility
Jan 10 2011 // Starr Indemnity & Liability Company, Inc. (Starr Indemnity) has launched primary commercial auto to complete their primary casualty offerings. “With the introduction of our primary auto capabilities, Starr...
2 Get Life Sentences in Missouri Murder-for-Hire Insurance Case
Sep 27 2010 // Two eastern Missouri men have been sentenced to life in federal prison for a murder-for-hire plot. James Kornhardt and Steven Mueller were convicted in June in connection with the 1992 killing of Danny Harold...
Chartis Introduces Alternative Fuel Deductible Option on Commercial Auto
Sep 7 2010 // Chartis has introduced an Auto Physical Damage Alternative Fuel Incentive Deductible designed to assist business customers in their efforts to be environmentally responsible. The enhancement allows customers to be...
Maine City: Golf Cart ‘Taxi’ Must Be Licensed, Carry Insurance
Aug 19 2010 // The City Council in Maine’s largest city has effectively put the kibosh on a young man’s golf cart transportation service on Peaks Island. Nineteen-year-old Matt Rand has offered rides in his golf cart in...
Cars Explode at New Jersey Taxi Company, Burning Two
Aug 13 2010 // Authorities say a fire in the garage of a New Jersey taxi company caused several cars to explode, burning two employees. Jeff Welz, co-director of North Hudson Regional Fire and Rescue, says the fire broke out at Rapido...
Cheyenne Aims to Tighten Taxi Requirements
Jul 21 2010 // Cheyenne, Wyo., may tighten its rules for taxi cab companies that operate in the city. The council is set to vote next week on a requirement for taxis to display the vehicle’s commercial insurance policy. The new...
National Interstate Expands Commercial Auto to 4 More States; Seeks Agents
Jul 14 2010 // National Interstate Insurance Co. is now making its commercial vehicle insurance product available in Alabama, Georgia, Tennessee and Virginia. The Richfield, Ohio company said it is actively seeking to increase its...
Texas DPS Takes 1,738 Vehicles, 160 Drivers Off the Road
Jun 30 2010 // During the Texas Department of Public Safety’s Roadcheck 2010, which ran from June 8 through June 10, DPS troopers inspected 6,906 commercial vehicles. Twenty-five percent of them, or 1,738, were placed out of...
Insurance an Issue as Mississippi City Seeks to Restore Taxi Service
Jun 17 2010 // Vicksburg officials hope to attract one or more taxi companies as the city prepares to relaunch local cab service. The city has been without taxi service for nearly a year. Jim Stirgus Jr., president of the recently...
It Figures
Mar 7 2010 // $285 Million Amount sought in a lawsuit filed by the wife of a Bronx, New York man who was fatally shot by a police officer while defending his stepdaughter. The suit names the city and Officer Michael Falcione. Sandra...
Connecticut Jury Awards $1M to Victim of Alleged Rape
Feb 24 2010 // A Connecticut teenage girl who says she was raped in the back of a taxi in Naugatuck in 2007 has been awarded $1 million in a lawsuit against the alleged attacker and the cab company. A Waterbury Superior Court jury...
Insurance Agent, Researcher Charged in Illinois Murder-for-Hire Scheme
Jan 21 2010 // A suburban Chicago insurance agent and a former university research technologist are charged in an alleged murder-for-hire scheme aimed at killing a federal prosecutor and drug enforcement agent, officials said. Jack Mann,...
Four Agents Plead Guilty to Insurance Fraud in New Jersey
Jan 14 2010 // Four former insurance agents have pleaded guilty for their role in a scheme to steal hundreds of thousands of dollars in premiums, New Jersey’s attorney general said. They are Thomas Hurd, of Bensalem, Pa., William...
Florida’s Newly-Formed Ascendant to Rescue First Commercial Policies
Sep 21 2009 // The new company will use independent agents and brokers for sales. Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with First...
Florida’s Newly-Formed Ascendant to Rescue First Commercial Policies
Sep 21 2009 // The new company will use independent agents and brokers for sales. Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with First...
