Latest Personal Auto Headlines
All the headlines from our Personal Auto Topic Page, ordered by recency.
NAII Commends NYSID Approval of Rate Raises for High-Risk Drivers
Aug 11 2003 // The National Association of Independent Insurers has issued a statement commending the New York State Insurance Department’s action in approving a statewide average rate increase of 19.7 percent for high-risk drivers...
Calif. Gov. Signs Bill Allowing Driver Discounts
Aug 5 2003 // Gov. Gray Davis signed SB 841 Aug. 2, which will allow discounts to drivers who maintain auto insurance coverage, according to the Associated Press. The measure could reportedly lead to higher premiums if drivers let their...
National American Ins. Co. to Focus on Non-Standard Personal Auto
Jul 30 2003 // Rancho Dominguez, Calif.-based National American Insurance Company of California, the primary insurance subsidiary of Danielson Holding Corporation, announced its decision to focus exclusively on the California...
GAO Report Cites Losses as Primary Driver of Medical Liability Costs
Jul 30 2003 // A new report from the General Accounting Office (GAO) concluding that medical liability losses are the primary drivers of insurance rates reportedly corroborates data provided to the GAO last December by the National...
Truck Driver Found Guilty of Theft Against IWIF
Jul 22 2003 // A route truck driver working for a Baltimore County trucking company was recently found guilty of felony theft against IWIF, Maryland’s largest workers’ compensation insurance company, in Baltimore County...
IBC Lauds BC’s Introduction of Graduated Drivers’ License Reforms
Jun 5 2003 // The Insurance Bureau of Canada issued an announcement calling the proposed reforms of British Columbia’s graduated licensing system an “excellent public policy that should serve as a model for other...
PIFC Says Auto Rates will Skyrocket for Drivers in 51 Calif. Counties if Territorial Rating is Eliminated
May 30 2003 // Four California Insurance Commissioners and the California Supreme Court reportedly agree – the use of territory as a factor in determining automobile insurance rates is fair and equitable under Proposition 103...
The Hartford’s BMG Agency Survey Finds Employee Shortage Driving Compensation, Education
May 23 2003 // While the rest of the economy struggles with worker layoffs, independent insurance agencies are reportedly facing a very different problem: filling their jobs with knowledgeable workers. As a result, more firms facing a...
Integra Financial’s Backend is Driving it Forward
May 19 2003 // In this new Insurance Journal series we will spotlight agencies that have made a name for themselves in the industry in special or unique ways. Integra Financial Group does not operate as an insurance agency, but it grew...
Farmers Insurance Group and I Saw You Safety & Scholarship Foundation Begin Pilot Program for Teen Drivers
May 2 2003 // Because teen drivers are responsible for a death every 90 minutes and an injury every single minute in our country, I SAW YOU SAFETY & SCHOLARSHIP FOUNDATION and FARMERS INSURANCE GROUP are launching a pilot program...
NAII Fears Vermont Uninsured Auto Bill Could Raise Rates for All Drivers
Apr 8 2003 // The National Association of Independent Insurers fears that a bill dealing with uninsured motorist coverage, passed by the Vermont Senate, could drive auto insurance prices higher in an already hard market. “Because...
S&P’s Report Says Asbestos Driving Rift Between Insurers/Reinsurers
Apr 1 2003 // Asbestos exposure foreshadows a growing rift between insurers and the reinsurance companies that back them, according to a new report by Standard & Poor’s. “Disputes between insurers and reinsurers appear...
Does the economy drive sub-standard automobile insurance in California’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite but it is my opinion that we are closing in. Although insurance company annual statements do not...
Is the Economy Driving the Sub-Standard Auto Market in Texas’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite, but it is my opinion that we are closing in. Although insurance company annual statements do not...
AIA: Industry Investment Losses Not Driving Med Mal Premiums
Mar 19 2003 // Rising claims costs, not stock market losses, are the real culprit behind increasing medical malpractice premiums for Illinois physicians, a policy analyst for the American Insurance Association (AIA) told legislators at a...
Truck Driver Charged in $78,500 Workers’ Comp Fraud
Mar 7 2003 // New York State Insurance Department Superintendent Gregory Serio, Queens District Attorney Richard Brown, and New York State Workers’ Compensation Fraud Inspector General John Burgher Jr., announced that a truck...
Coalition Says N.J. Drivers Have Fewer Choices
Feb 27 2003 // New Jersey’s insurance crisis reportedly took yet another turn for the worse Wednesday when the New Jersey Department of Banking and Insurance allowed New Jersey Manufacturers Insurance Group, the state’s...
SODA DRIVER PLEADS GUILTY
Feb 24 2003 // Armando M. Villesca Sr. of Fort Stockton, Texas, pleaded guilty to charges of workers’ compensation fraud in a Travis County District Court. Texas Mutual Insurance Company said the court ordered Villesca to submit to...
Soda Delivery Driver Pleads Guilty to Workers’ Comp Fraud
Feb 14 2003 // Armando M. Villesca Sr. of Fort Stockton, Texas, pleaded guilty to charges of workers’ compensation insurance fraud. A Travis County District Court judge ordered Villesca to submit to three years of community...
ITC Adds Undisclosed Driver Database to Comparative Rater in Texas
Jan 31 2003 // Carrollton, Texas-based Insurance Technologies Corporation, a provider of new business rating products for personal lines agencies and insurance companies, announced the addition of an undisclosed driver database to its...
