Latest Dealerships Headlines
All the headlines from our Dealerships Topic Page, ordered by recency.
Hoy Named EVP, Auto Dealer Programs at Risk Point Underwriters in Dallas
Sep 8 2020 // Dallas-based Risk Point Underwriters LLC has named Scott A. Hoy executive vice president for the specialty auto dealer underwriting unit. Hoy will be responsible for driving profitable growth and delivering customer...
IAT Insurance Adds Open Lot Coverage for Franchised Auto Dealerships
Jul 28 2020 // IAT Insurance Group has expanded its multi-line DealerPack offerings for franchised auto dealerships to include dealers open lot insurance. Key elements of the policies include: Available as an option within the DealerPack...
North Carolina Kids, Teens Steal $1M in Vehicles from Dealerships
May 4 2020 // Police in North Carolina have accused a group of teenagers and children as young as 9 of stealing more than $1.1 million in vehicles from car dealerships. Investigators think 19 suspects ranging in age from 9 to 16 were...
Insurers Win Antitrust ‘Steering’ Lawsuits Filed by Body Shops
Mar 16 2020 // A federal appellate court threw out most of the claims by automotive body shops in Indiana, Utah and Mississippi that alleged that major insurers violated antitrust laws and engaged in anticompetitive practices by steering...
Texas Auto Body Shop Owner Get 2 Years for Insurance Fraud
Mar 1 2020 // The owner of an auto body shop in San Antonio, Texas has been sentenced to two years in jail for cashing insurance claim checks without fixing the car he was being paid to repair. The Texas Department of Insurance said...
Wisconsin’s Understory Launches Hail Insurance for Auto Dealers in 5 New States
Feb 13 2020 // Madison, Wis.-based Understory, which offers parametric insurance for severe weather risks, has launched its supplemental hail insurance product for automotive dealers in five new states: Arizona; New Mexico; Ohio;...
Hail Has Damaged Insurance Market for Car Dealers. Parametric Insurance May Help.
Nov 14 2019 // Nick Pacifico has been working at his family’s Cadillac dealership in Denver since 2003. He’s never seen insurance costs this bad. “Getting coverage is nearly impossible,” said Pacifico, vice...
Texas Mutual Pays $623.3K Dividend to Lone Star Auto Dealers Safety Group
Sep 19 2019 // Workers’ compensation insurer, Texas Mutual Insurance Co., has awarded a dividend of $623,341 to the Lone Star Auto Dealers Association (LSADA) Safety Group, which includes franchised auto, truck, RV, boat and...
Chubb Personal Auto Service Protects Insured Info for Total Loss Vehicles
Sep 18 2019 // Chubb has launched a new service designed to help personal auto clients remove sensitive electronic information from their vehicles in the event of an insured total loss. “While hands-free GPS and mobile connectivity...
Feds Sue Oklahoma Car Dealership for Sex Discrimination
Sep 16 2019 // Federal employment officials have sued a car dealership in Norman, Oklahoma, saying the company unlawfully refused to hire a sales job candidate because she was female. In the lawsuit, the U.S. Equal Employment Opportunity...
Louisiana Law Strengthens Policyholder Choice of Auto Repair Shops
Jul 1 2019 // A new law in Louisiana aims to ensure that auto insurance policyholders have the option to choose a particular motor vehicle repair shop. Under Act 317 (House Bill 411), which has been signed by Gov. John Bel Edwards,...
New Louisiana Law Aims to Protect Policyholder Choice of Auto Repair Shop
Jun 21 2019 // A new law in Louisiana aims to ensure that auto insurance policyholders have the option to choose a particular motor vehicle repair shop. Under Act 317 (House Bill 411), which has been signed by Gov. Jon Bel Edwards,...
Digital Car Repair Platform Fixico Raises €7M to Expand Internationally
Jun 18 2019 // Fixico, the Amsterdam-based digital platform for car damage repair, has raised €7 million ($7.9 million) to grow its international footprint and fleet and insurance partnerships. The technology company offers a digital...
Suits Filed Against Indiana Auto Dealerships Over Car-Buying Fees
May 3 2019 // Dozens of Indiana auto dealerships face lawsuits that accuse them of charging excessive fees to prepare sales-related documents. At least seven lawsuits, all pursuing class-action status, were filed in April, the...
Massachusetts Auto Repair Shop Owner Charged in $170K Vehicle Fraud Scheme
Apr 3 2019 // A Shrewsbury, Mass., man who owns two automotive repair businesses has been indicted in connection with a motor vehicle fraud scheme in which he damaged vehicles and stole $170,000. Adam Haddad was indicted last week by a...
Texas Body Shop Owner Pleads Guilty in Insurance Fraud Case
Apr 1 2019 // A Travis County body shop owner was sentenced on March 13 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...
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...
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...
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...
Zurich Insurance Acquires Dallas Digital Applications Firm, Sea Pine Technologies
Feb 26 2019 // Schaumburg, Illinois-based insurer Zurich North America has acquired 100 percent ownership of Sea Pine Technologies, a Dallas-based company specializing in digital applications for the marketing of vehicle protection...
