Latest Personal Auto Headlines
All the headlines from our Personal Auto Topic Page, ordered by recency.
Valuation Drivers
Apr 4 2005 // For an insurance agency there are just a few critical valuation drivers necessary to build up the value of the firm. Although they are easy to identify, they are not always easy to turn around. The following is a summary...
Driving Up Agency Valuation
Apr 4 2005 // Which comes first, the chicken or the egg? There is a general perception that agency value has been increasing the past few years. This belief is partially true and is the result of a self-fulfilling prophecy. In the past...
DRUNK DRIVING LEGISLATION
Apr 4 2005 // Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses cleared the Oklahoma House and awaits action in the...
From Detroit and Philly to Chattanooga and Roanoke, City Drivers Pay More or Less
Apr 1 2005 // Average annual insurance premiums vary from nearly $5,200 in Detroit, Michigan to under $760 in Roanoke, Virginia, according to the latest analysis by Runzheimer International, the Rochester, Wisconsin-based vehicle...
Drunk Driving Legislation Advances in Okla.
Mar 28 2005 // Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses has cleared the House and now awaits action in the...
In Conn., Bad Driver Retraining Called a ‘Joke’
Mar 24 2005 // Connecticut officials are alarmed at the high recidivism rate of aggressive drivers forced to attend traffic offender school. Nearly 42 percent of the 77,000 motorists who attended driver retraining between 2001 and 2003...
Mich. DOI Study Finds Competition Doesn’t Equal Affordability; Insurers Say Losses Driving Rates
Mar 24 2005 // Michigan’s Office of Financial and Insurance Services last week released the results of its long-awaited study of competitiveness in the state’s insurance market. While the report found competition under the...
Maryland House Advances Teen Driving Bills
Mar 22 2005 // The House of Delegates gave its preliminary approval this week to a package of bills that tightens rules governing young drivers, in an attempt to cut down the number of grisly teen crashes. “This is not a silver...
Conn. Finds Aggressive Drivers U-Turn into Trouble After Retraining
Mar 21 2005 // Connecticut officials are alarmed at the high recidivism rate of aggressive drivers forced to attend traffic offender school. Nearly 42 percent of the 77,000 motorists who attended driver retraining between 2001 and 2003...
TEEN DRIVER FATALITIES DECLINE:
Mar 21 2005 // The number of Vermont teenagers who died in traffic crashes has declined sharply to where the state has one of the lowest death rates in the country. Highway safety officials credit the new “graduated” licenses...
Okla. Bills Tackle Uninsured Drivers
Mar 21 2005 // Two bills addressing uninsured drivers are making their way through the Oklahoma Legislature. House Bill 1351, which would require a system for instant verification by law en-forcement officers of a driver’s auto...
UNINSURED DRIVER LEGISLATION FILED
Mar 21 2005 // Texas State Rep. Bill Callegari, Katy, filed House Bill 2573 to establish a motor vehicle financial responsibility program in Texas. According the House Media Services Division, HB 2573 is similar to a measure that passed...
Del. Moves to Yank License Plates of Uninsured Drivers
Mar 18 2005 // Delaware Insurance Commissioner Matt Denn has asked the Senate Public Safety Committee to send Senate Bill 20, a bipartisan bill improving the state’s enforcement tools against uninsured drivers, to the full Senate...
Safety Insurance Net Income Jumped in 2004
Mar 16 2005 // Safety Insurance Group, Inc. reported that net income for the 2004 was $45.0 million, or $2.90 per diluted share, compared to $28.5 million, or $1.86 per diluted share, for 2003. Safety’s book value per share...
Uninsured Driver Legislation Filed in Texas
Mar 14 2005 // State Representative Bill Callegari, Katy, filed House Bill 2573 to establish a motor vehicle financial responsibility program in Texas. According the House Media Services Division, HB 2573 is a version of a similar...
Vermont Reports Decline in Teen Driver Fatalities
Mar 9 2005 // The number of Vermont teenagers who died in traffic crashes has declined sharply to where the state has one of the lowest death rates in the country. Highway safety officials credit the new “graduated” licenses...
Study Shows Tort-Based Auto System Provides Savings for Colo. Drivers
Mar 7 2005 // A Colorado study shows that since the state scrapped its ailing no-fault automobile insurance program in favor of a tort-based system, rates for some consumers have dropped between 19.5 percent and 27.1 percent. The study,...
Graduated Licensing Laws for Teen Drivers Reduced Fatalities, Study Finds
Mar 7 2005 // The fatal crash rate for 16-year-old drivers declined sharply after states began enacting graduated licensing laws in the 1990s, according to a new study by the Insurance Institute for Highway Safety. The study found that...
Drivers Dialed Into an Accident’
Mar 1 2005 // More motorists than ever are using cellular phones while they drive, according to the latest survey released Tuesday by the National Highway Traffic Safety Administration (NHTSA). In 2004, at any given daylight moment, an...
Study Shows Tort-Based Auto System Provides Savings for Colo. Drivers
Feb 25 2005 // A Colorado study shows that since the state scrapped its ailing no-fault automobile insurance program in favor of a tort-based system, rates for some consumers have dropped between 19.5 percent and 27.1 percent. The study...
