Latest Dealerships Headlines
All the headlines from our Dealerships Topic Page, ordered by recency.
Bragging About an Agent’s Book of Business May Create a Greater Legal Duty of Care
May 2 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...
EEHall, NIADA to Offer P&C Program to Independent Auto Dealers
Mar 30 2011 // The National Independent Automobile Dealers Association (NIADA) has partnered with Edward E. Hall and Company (EEHall) to offer a nationwide property and casualty insurance program to independent auto dealers. The NIADA...
4 Consumer Misconceptions About Personal Lines
Mar 7 2011 // Agents, Don’t Be on Spring Break When Customers Need You to Prepare for Summer As spring draws near, it’s time to reconnect with your clients. There is no better time than now to reach out and address some...
Texas Court Halts Sale of Unauthorized Auto Insurance
Nov 17 2010 // Travis County, Texas, District Judge Suzanne Covington issued a permanent injunction on Nov. 15 barring SideCars Inc. of Joplin, Mo., from marketing and selling a form of limited physical damage insurance to used car...
Indiana Police Pose as Crooked Car Dealers to Nab Thieves
Jul 23 2010 // Northwest Indiana authorities say a nine-month sting targeting car thieves attracted 20 men and women who sold undercover police 70 vehicles valued at more than $510,000. Lake County Sheriff Roy Dominguez said that...
V3 Launches Auto Dealer Program with Optional ‘Red Flags’ Coverage
Jul 21 2010 // V3 Insurance Partners LLC, a specialty multi-line managing general underwriter, has introduced a multi-line insurance program for auto, truck and RV dealerships, wholesalers and auto auctions. Called DealerV3antage, the...
Massachusetts Warns Car Dealers over Insurance Advice
Mar 15 2010 // Auto dealers in the Bay State must be careful of what they tell car-buyers about purchasing insurance, the Massachusetts Division of Insurance warns dealers in a newly issued bulletin. State law prohibits anyone without an...
Special Reuters Report: Inside Toyota’s Epic Breakdown
Feb 10 2010 // Toyota Motor Corp., the world’s most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on...
Rhode Island Fines Allstate Over Consumer Choice in Car Repair
Dec 14 2009 // Rhode Island regulators have fined a major insurance company $5,000 for allegedly interfering with a driver’s right to choose his own garage for repair work. The Department of Business Regulation determined that...
Loss Control Leads to $801K Dividend for Texas Auto Dealers
Oct 9 2009 // Workers’ compensation insurer Texas Mutual Insurance Company announced an $801,625 dividend to the Lone Star Auto Dealers (LSA) purchasing group. LSA has earned nearly $4 million in dividends since 2002. The dividend...
AAU Comp Introduces Auto Repair Industry Program in California
Sep 3 2009 // AAU Comp, which launched in July this year, is introducing its first product, a workers compensation program for the auto repair and service industry that will be based out of its new location in El Segundo, Calif. The...
Connecticut AG Wants Car Repair Practices Investigated
Sep 2 2009 // Connecticut Attorney General Richard Blumenthal is urging his federal counterpart, Attorney General Eric Holder, to look into reports that some auto insurers improperly steer consumers toward certain body repair shops...
Car Dealers in the Storm: Dealers Left Standing Will Be Stronger, Leaner
Aug 12 2009 // Some automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that tough times have fallen on many of the nation’s car dealers...
Recession Increasing Insurance Fraud
Jul 20 2009 // Areas Where Agents Might See an Increase in Fraud Does a bad economy increase crime? According to Mike McKee, senior special agent for the National Insurance Crime Bureau, it’s too soon for statistics to confirm...
Car Dealers in the Storm
Jul 6 2009 // Dealers Left Standing Will Be Stronger, Leaner, and Better Experts Say Automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that...
Auto Repair Legislation Stalls in Rhode Island
Jul 2 2009 // The Rhode Island Senate has declined to take up auto body legislation opposed by the insurance industry. The bill would have required consumers to have an independent appraisal for car repair work that exceeded $2,000. The...
USG Insurance Offers Auto Dealerships in Liquidation Program
May 29 2009 // USG Insurance, national wholesaler and program manager headquartered in Canonsburg, Pa., has announced an insurance program for auto dealerships that are closing their doors. According to Kristen Taylor, national marketing...
Montana Legislators To Evaluate Auto Repair, Bad Faith Bills
Mar 10 2009 // The Montana legislature will hear bills this week related to auto body repair and what the insurance industry is calling bad faith legislation that could drastically affect the state’s insurance market and insurance...
New York: Insurers Did Not Steer Customers to Certain Body Shops
Jan 22 2009 // An investigation by the New York Insurance Department has found that auto insurers in the state did not engage in a widespread effort to steer consumers to certain auto body shops – a violation of state law. However,...
Motorists Mutual Launches New Product for Auto Dealerships, Garages
Oct 16 2008 // Motorists Mutual Insurance Company recently launched two new products for franchised auto dealerships and enhanced two existing products for garages and nonfranchised auto dealerships that help independent agencies offer...
