Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
People Moves: CFC Taps Markel’s Bailey to Lead Cyber U/W; Lockton Hires James as Head of Facilities & Binders; WTW Appoints Aon’s Van Ede for Trade Credit
Feb 9 2023 // This edition of International People Moves details appointments at the MGA CFC Underwriting, Lockton, and WTW. A summary of these new hires follows here. CFC Taps Markel’s Bailey as Cyber Underwriting Leader Scott...
‘Citizens’ Web Site Not Affiliated with Florida Insurer, Takes Users to Auto Quote Site
Feb 8 2023 // Investigators with Citizens Property Insurance Corp. are looking into a website that looks a lot like Florida’s largest property insurance carrier but may actually be fraudulent. “These sites typically ask for...
Wells Fargo to Pay $300M to Settle Suit Over Auto Insurance Disclosures
Feb 8 2023 // Wells Fargo & Co. agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan customers, according to documents filed in U.S. court on...
Allstate’s Plan to Return to Profit in Auto
Feb 6 2023 // Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company’s number one priority: improve margins. Allstate ended 2022 with an unprofitable 110.1...
Ohio 50-Car Train Derailment Causes Fire, Evacuations
Feb 6 2023 // EAST PALESTINE, Ohio (AP) – A freight train derailment in Ohio near the Pennsylvania state line left a mangled and charred mass of boxcars and flames Saturday as authorities launched a federal investigation and monitored...
Jumping Auto Carriers
Feb 6 2023 // Historic rate increases in the auto insurance line are moving consumers to jump ship and switch carriers, according to a J.D. Powers recent report. Shopping for auto insurance is now at an all-time high. The 12.1% shopping...
Geico Saves $5.2M as Award to Woman Who Contracted STD in Car Is Overturned
Feb 6 2023 // Geico is off the hook, at least for now, from paying a Missouri woman $5.2 million because she said she contracted a sexually transmitted disease in the car of a man who is insured by the company. The Missouri Supreme...
North Carolina Rate Bureau Files for 28% Increase in Auto Insurance Rates
Feb 3 2023 // The North Carolina Rate Bureau is asking for a 28% increase in auto insurance rates for the state, an increase that will likely be slashed significantly by the state Department of Insurance. The average statewide increase...
Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes
Feb 2 2023 // As it had warned last month, Allstate Corp. reported a fourth quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. Results were in comparison to net income of $790 million for Q4...
Woman Who Survived Train Crash into Patrol Car Files Lawsuit in Colorado
Jan 31 2023 // A woman who was seriously injured when the parked patrol car she was detained in was hit by a freight train filed a lawsuit against police, accusing three officers of acting recklessly and failing in their duty to take...
Freight Truck, Express Bus Crash in Upstate New York Kills 6, Injures 3: Officials
Jan 30 2023 // LOUISVILLE, N.Y. (AP) — Six people died in upstate New York when a freight truck and an express bus carrying more than a dozen people collided Saturday near the U.S.-Canada border, state police said. Three others were...
Auto Insurance Shopping – and Switching – Increases
Jan 24 2023 // Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the quote rate for auto insurance in...
Denny’s Responds After Falling Sign Crushed Car and Killed a Woman
Jan 23 2023 // A woman died and her daughter was injured last week in central Kentucky after high winds caused a Denny’s restaurant sign to fall on their car. News outlets reported that the 1.3-ton sign crushed the car in...
Detroit Museum Seeks Dismissal of Lawsuit Over van Gogh Painting
Jan 19 2023 // DETROIT (AP) – A Detroit museum displaying a 1888 painting by Vincent van Gogh as part of a showing of 80 of his works said it shouldn’t be pulled into a dispute over ownership of the multimillion-dollar...
Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’
Jan 18 2023 // Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the Japanese insurer that bought the famous artwork despite its tainted Nazi-era past, according to...
5 Connecticut Officers Plead Not Guilty in Police Van Paralysis Case
Jan 17 2023 // Five Connecticut police officers pleaded not guilty Wednesday to charges accusing them of cruelly mistreating a Black man after he was partially paralyzed in a police van with no seat belts when the driver braked hard. The...
Art Collector Says Van Gogh Painting on Display in Detroit Museum Was Stolen From Him
Jan 13 2023 // In October, the Detroit Institute of Arts pulled back the curtains on its three-month Van Gogh exhibit, proudly boasting that its expo of 74 paintings was one of the largest-ever collections assembled of the Dutch...
Pennsylvania Raises Auto Insurance Accident Surcharge Threshold Again
Jan 13 2023 // Pennsylvania auto insurers will not be able to surcharge private passenger policyholders with claims unless their aggregate claim cost over a three-year period exceeds $2,100. This new threshold is effective in July and is...
Geico Saves $5.2 Million as Award to Woman Who Contracted STD in Car Is Overturned
Jan 12 2023 // Geico is off the hook, at least for now, from paying a Missouri woman $5.2 million because she said she contracted a sexually transmitted disease in the car of a man who is insured by the company. The Missouri Supreme...
Safety Agency Says Trailer Truck Striking Back of Party Bus Caused Fatal Virginia Crash
Jan 12 2023 // WILLIAMSBURG, Va. (AP) — When a tractor trailer struck the rear of a bus last month carrying more than 20 people in Virginia, the passenger compartment of the bus was destroyed and several passengers were ejected, the...
