Two Congressional leaders are requesting information from five large auto insurers on accidents involving recalled Toyotas. The lawmakers have sent letters to Allstate, Farmers, GEICO, Progressive and State Farm. The letters were sent to chief executives of the five insurers …
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 taxpayer-funded life support. But in …
Massachusetts has reached a settlement with the Bay State’s largest auto insurer, Commerce Insurance Co., over its failure to report at-fault auto accident determinations made by the state’s board of appeals, according to the attorney general’s office. The board of …
Toyota owners should place safety first and follow the car manufacturers’ instructions regarding the recalled vehicles, insurers say. After the recall of some 8 million Toyota vehicles, insurers are urging vehicle owners not to hesitate on contacting Toyota dealers. “If …
Private insurer State Farm informed a U.S. government regulator of a worrying trend of vehicle-caused accidents involving Toyota Motor Corp. as far back as late 2007, an official at the company said. “When you start to see significant claims activity …
A California voter initiative that will appear on the June 8, 2010, ballot aimed at rewarding drivers who have had insurance for some time to be eligible for a “persistency discount,” even if they change carriers could result in a …
Since its inception in 1985, tips to Michigan’s Help Eliminate Auto Thefts (H.E.A.T.) program have led to recovery of more than $51 million in stolen property and arrests of more than 3,300 suspects involved in auto theft-related crimes Livonia-based H.E.A.T. …
The Michigan Senate adjourned before Christmas without taking action on a property/casualty insurance bill package already passed by the House of Representatives. The package would, among other things, give the insurance commissioner more authority over rates and strip insurers of …
An insurance trade group says a bill passed by the Michigan House of Representatives threatens to increase auto insurance costs and harm the state’s job market and economy. The Property Casualty Insurers Association of America (PCI) says the House passed …
Arbella Insurance Group, the third-largest auto insurer in Massachusetts, announced two promotions within the senior management team. Steve Jacobs will become vice president of Marketing and Tracy Hurley will assume the role of vice president of Claims. Jacobs assumes responsibility …
