Latest Dealerships Headlines
All the headlines from our Dealerships Topic Page, ordered by recency.
Consumer Groups Urge California to Approve Auto Repair Fraud Legislation
Sep 29 2008 // The Center for Auto Safety, Consumer Action and Consumers Union are united in urging California Gov. Arnold Schwarzenegger to sign Assembly Bill AB 2825, designed to protect motorists from auto body repair fraud. The...
Safety National Casualty Corp. Provides Workers’ Comp for Automobile Dealers
Jul 21 2008 // The board of directors of the Preferred Automobile Dealers Self Insurance Program Inc. (PADSIP) placed its members’ specific excess workers’ compensation and employers’ liability reinsurance with Safety...
Insurance Agency Joins Missouri Auto Dealer
Jun 16 2008 // First-Time Partnership Offers Agents in Small or Medium Agencies Wider Choices of Companies to Represent When buying a new or used car, cost is always an issue and car insurance shopping is always a stressful task. Just as...
Insurance Agency Joins Mo. Auto Dealer in 1st Time Partnership
Jun 5 2008 // When buying a new or used car, cost is always an issue and car insurance shopping is always a stressful task. Just as banks now have agencies connected to mortgage lending, a new day has dawned when shoppers for...
N.Y. Car Repair Shops Can Rebate Deductibles
May 5 2008 // Allowing car repair facilities to pay all or part of a deductible to an insured does not constitute a rebate prohibited under New York law, lawyers for the state’s insurance department have decided. The reasoning?...
Maryland Car Dealership Fire Causes $3M in Damage
Apr 29 2008 // Fire investigators say a blaze at a car dealership in Prince Frederick, Maryland did $3 million worth of damage. In addition to the main showroom at Bayside Automotive, five vehicles belonging to the dealership and to...
New York: Car Repair Shops Can Rebate Deductibles
Apr 22 2008 // Allowing car collision repair facilities to pay all or part of a deductible to an insured does not constitute a rebate prohibited under New York law, lawyers for the state’s insurance department have said. The...
Insurers Call Calif. Auto Repair Bill ‘Anti-Consumer’; Claim Bill Would Deny Information to Consumer
Mar 10 2008 // The Association of California Insurance Companies, the American Insurance Association and the Personal Insurance Federation of California have announced their opposition to California Senate Bill 1167, a bill that the...
Industry Groups Call Calif. Auto Repair Bill “Anti-Consumer”
Feb 26 2008 // The Association of California Insurance Companies, the American Insurance Association and the Personal Insurance Federation of California have announced their opposition to California Senate Bill 1167, a bill that the...
Texas Auto Dealers’ Dividend from Texas Mutual Approaches $1M
Sep 7 2007 // Texas Mutual Insurance Company recently announced a $985,520 dividend to the Lone Star Auto Dealers Association (LSA) workers’ compensation purchasing group. The group has earned six consecutive dividends totaling...
Farmers Wins Landmark Body Shop Fraud Lawsuit
Jul 27 2007 // Following a jury trial, a Los Angeles judge signed a $163,387 award to Farmers Insurance Exchange in a body shop fraud lawsuit with future hearings expected to double the monetary award. The Court also issued an injunction...
Texas Mutual, Frost Insurance Launch Auto Repair Purchasing Group
Jul 18 2007 // Texas Mutual Insurance Company and Frost Insurance Agency have partnered to launch the Texas Auto Repair purchasing group, Texas Mutual announced. The group offers members a money-saving workers’ compensation...
Insurance Group Urges Defeat of Wis. Auto Repair Shop Legislation
Jul 11 2007 // The American Insurance Association (AIA) today urged Wisconsin legislators to reject two bills that would make it illegal for insurers to provide their customers valuable information after a car accident. “These...
Auto Dealers Urge Congress to Make Available Data on Totaled Vehicles
Apr 11 2007 // The National Automobile Dealers Association (NADA) asked the U.S. Senate to bring more transparency to the used-car buying process by requiring insurance companies to provide consumers access to data on severely damaged,...
Mich. Body Shop Owners Defraud Insurers of Millions, Cox Says
Mar 29 2007 // A woman and two sons who run a string of Detroit-area auto body shops have been charged with conspiracy, fraud and racketeering on accusations that they tricked insurers out of millions of dollars through false...
Non-Franchised Auto Dealer’s Physical Damage Program Launched
Mar 8 2007 // Memphis, Tennessee – London American Risk Specialists, Inc. and Integon Specialty, a division of GMAC Insurance, are pleased to introduce the immediate launch of a Non-Franchised Auto Dealer’s Physical Damage...
Conn. AG Bill Targets Steering Customers to Select Body Shops
Jan 25 2007 // Connecticut Attorney General Richard Blumenthal has drafted legislation that he says would strengthen the state’s anti-steering law prohibiting insurers from forcing consumers to use a preferred auto repair shop as a...
Ill. Couple Accused of Torching Car Dealership for Insurance Money
Sep 27 2006 // After an investigation of more than four months, two McHenry, Ill. residents have been charged with the fire at a McHenry car dealership in April, police said. Arrested were John Krawec, 43, and his girlfriend, Anna...
Texas Mutual Pays $773K Dividend to Lone Star Auto Dealers
Sep 18 2006 // Texas Mutual Insurance Company announced a group dividend of $773,720 to the Lone Star Auto Dealers Association (LSA) purchasing group. LSA has earned over $1.2 million in group dividends since 2002. Group dividends are...
A lot can happen in the auto dealers’ insurance market
Aug 7 2006 // Even with a wave of consolidation through the industry, the number of new and used auto dealerships in the U.S. is close to 100,000, meaning most independent agents have multiple dealers in their own backyards. “We...
