Classic Car News
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Markets/Coverages: Classic Car Insurer OpenRoad Expands to 40 States
Aug 25 2026 // OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March. OpenRoad launched two years ago. The...
Driving Passion, Protecting Value – What Every Agent Should Know About Collector Vehicle Insurance
Nov 17 2025 // When a client buys a classic or exotic car, they’re purchasing far more than transportation–they’re investing in something personal, emotional, and often irreplaceable. Whether it’s a meticulously...
MMA Buys Collector Auto and Motorsports Agency
Nov 3 2025 // Marsh McLennan Agency (MMA) announced the acquisition of Hayden Wood Insurance Agency Inc., a Southborough, Massachusetts-based independent agency. Terms of the acquisition were not disclosed. The Hayden Wood Insurance...
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion
Oct 31 2025 // Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in...
Markets/Coverages: The Hanover, Hagerty Partner to Provide Collector Car Protection
Apr 10 2025 // The Hanover Insurance Group announced a collaboration with Hagerty to provide specialized insurance for classic cars. Hanover Collector Car, powered by Hagerty, combines the total account protection The Hanover is known...
Collectors Feel Relief as Classic Cars Evade Trump’s Auto Tariffs
Apr 8 2025 // President Donald Trump’s sweeping tariff plan has rocked global markets. But one turgid addendum issued by US Customs and Border Protection just after his April 2 tariff pronouncement provided relief for those in the...
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