Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Cost of UK Auto Insurance in 2021 at 6-Year Low, but Cost Pressures Begin to Bite: ABI
Feb 7 2022 // The average price paid by motorists for their motor insurance in 2021 fell to its lowest level in six years according to the ABI’s latest Motor Insurance Premium Tracker. However, there is evidence that sustained...
Commercial Auto Among Lines With Flattening Rates in 2022, USI Forecast Predicts
Feb 7 2022 // Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial auto liability coverage rates are starting to...
Florida Senate Pushing Ahead with No-Fault Auto Repeal, Despite Last Year’s Veto
Feb 4 2022 // The Florida Senate is trying again to repeal the state’s no-fault auto insurance requirement with a bill that major insurers oppose and which the governor vetoed last year. Sen. Burgess By a vote of 10-1, the Senate...
Kemper Eyes Rate Hikes, Agency Cancellations to Regain Footing After Q4 Fall
Feb 3 2022 // Kemper Corp. said it is taking rating and other actions, including canceling some agents, as it seeks to recover from inflation-riddled fourth quarter financial results. Kemper Corp. reported a net loss of $105.8 million...
Q4 Net Income Drops 50% for Allstate on Higher Auto Claims
Feb 3 2022 // Allstate Corp. said fourth quarter 2021 net income plummeted 50% compared to results of the prior year quarter as auto claim frequency and severity increased. Adjusted net income for Q4 was $796 million compared to about...
Louisiana Department of Insurance Fines Auto Insurer $350,000 Over Improper Activity
Feb 2 2022 // Auto insurer Lyndon Southern Insurance Company has paid a maximum $350,000 fine after the Louisiana Department of Insurance performed a comprehensive market conduct examination of the company and found 32 instances of...
How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers
Feb 2 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...
Man Injured in 2019 New Hampshire Motorcycle Crash Sues Massachusetts Registry
Feb 1 2022 // A Massachusetts man severely injured in a 2019 crash in New Hampshire that killed seven members of his motorcycle club has filed a lawsuit against the Massachusetts Registrar of Motor Vehicles for allegedly failing to...
Nebraska Says Trash Truck Caused $200,000 Damage to Capitol
Feb 1 2022 // State officials say a Lincoln trash truck caused more than $200,000 damage to a limestone wall at the Nebraska State Capitol. The Lincoln Journal Star reports the state filed a lawsuit last week against Uribe Refuse...
Maryland Coalition Wants End to Truck-Towing Companies Charging Huge Fees
Feb 1 2022 // A Maryland coalition of insurance interests and trucking firms is hoping a House bill will put the brakes on towing companies that haul away big trucks after accidents and charge exorbitant fees. “It is not...
California Auto Insurance Fraud Investigation Results in Charges for Couple
Jan 31 2022 // Edwin Saghian, 51, of Tarzana, California, was arraigned on Monday at the Fresno County Superior Court on five felony counts of insurance fraud after allegedly setting fire to his own vehicle and then reporting it stolen...
Tesla’s Musk Tweets Off on California Regulator Lara Over Car Insurance
Jan 31 2022 // Tesla founder and CEO Elon Musk thinks California Insurance Commissioner Ricardo Lara is responsible for high auto insurance rates in the state because the state does not permit consideration of its data from its auto...
Tesla Auto Insurance Expands Into Ohio
Jan 28 2022 // Tesla has expanded its own brand of auto insurance into Ohio, using real-time driving behavior for Model S, Model 3, Model X and Model Y owners. Ohio joins Texas, Arizona, Illinois and California as states where Tesla...
Tesla’s Musk Sees Safe Self-Driving Vehicle This Year and Humanoid Robot Next Year
Jan 28 2022 // Tesla’s most important products this year and next will not be cars, Chief Executive Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot. The audacious promises by the...
Michigan Woman Sentenced For Committing $15,000 in Auto Insurance Fraud
Jan 28 2022 // Michigan Attorney General Dana Nessel and Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced that a Michigan resident who pled guilty to auto insurance fraud has been sentenced to...
Ford Motor, ADT $105M Joint Venture Targets Vehicle Security Systems
Jan 24 2022 // Ford Motor Co. and ADT Inc. have launched a $105 million joint venture, Canopy, to develop and market in-vehicle security systems for commercial and retail customers, the companies said. The first standalone systems, due...
Louisiana Woman 30th Guilty Plea in Staged Auto Crash Cases
Jan 24 2022 // A Louisiana woman pled guilty to Conspiracy to Commit Mail Fraud arising out of a staged automobile accident with a tractor-trailer occurring in New Orleans, making her the 30th guilty plea in “Operation...
Consumer Reports, Insurance Safety Institute to Rate Vehicle Driver Automation Systems
Jan 21 2022 // Two nonprofit bodies, Consumer Reports and the Insurance Institute for Highway Safety (IIHS), said separately on Thursday they are reviewing safeguards put in place by automakers for vehicles with partial automation. The...
New Jersey Governor Signs Auto Insurance Bad Faith Bill Into Law
Jan 20 2022 // New Jersey Gov. Phil Murphy has signed into law a bill that proponents have said makes the auto insurance claims process fairer for policyholders and businesses have warned will raise premiums. The New Jersey Insurance...
UK Car Insurance Premiums Expected to Be Volatile in 2022: Survey
Jan 19 2022 // The cost of a comprehensive car insurance policy in Britain is expected to be volatile this year, after rising 5% in the final quarter of 2021 as more drivers took to roads on easing COVID-19 curbs, a survey showed on...
