Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
UK Insurers Warned They Could Face Regulatory Action Over Car, Home Policies
Aug 25 2021 // LONDON – Insurers in Britain that are not ready to implement tougher “value for money” rules on car and home policies could face disciplinary action, the Financial Conduct Authority said on Wednesday. The FCA...
It Turns Out That Humans Are Secret Weapon for Autonomous Vehicle Startups
Aug 23 2021 // Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past year, with an additional feature: Human operators. While there is no driver behind the wheel,...
Effective Sept. 1 All Auto Insurers in Texas Must File Rates with Actuarial Support
Aug 20 2021 // A bill that becomes effective in Texas repeals a section of the state’s insurance code that allows certain auto insurers to file rates with the Texas Department of Insurance (TDI) without providing actuarial support...
Digital Auto Insurer Root Will Add Independent Agents to Its Distribution
Aug 20 2021 // Digital auto insurer Root saw its loss ratio spike in the 2021 second quarter as higher costs for repairs, used vehicles and miles driven rose above pre-pandemic levels. But the Ohio-based insurer continues to report...
Classic Car Specialist Hagerty to Become Public Company in SPAC Deal
Aug 18 2021 // Classic car insurance specialist Hagerty is planning to go public in a deal with special purpose acquisition company Aldel Financial Inc. Upon the closing of the transaction, Aldel will be renamed Hagerty, Inc., and become...
Settlement Reached on PIP Coverage for Michigan Car Accident Victims
Aug 17 2021 // Michigan insurance regulators and the state’s personal injury protection (PIP) medical coverage program have reached an agreement regarding unlimited coverage for persons injured in an automobile accident prior to...
Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance
Aug 17 2021 // Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select states. VOOM will distribute the per-mile product both directly to riders and through...
Oneglobal Launches Netherlands Office, Naming van der Wyck as CEO
Aug 16 2021 // London-based Oneglobal Broking announced the launch of a Netherlands office with Alex van der Wyck named CEO of Oneglobal Netherlands. Oneglobal’s start-up in the Netherlands, continues the strategic build-out of its...
Another Guilty Plea in Louisiana Staged Truck Accident Schemes
Aug 12 2021 // A Louisiana man pleaded guilty of participating in insurance fraud scheme involving staged accidents with commercial trucks in the New Orleans area. The U.S. Justice Department said Dewayne Coleman, age 22, of Marrero,...
Hagerty and State Farm Partnering on Classic Vehicle Insurance
Aug 12 2021 // State Farm is collaborating with Traverse City, Michigan-based Hagerty to introduce a new insurance product for classic vehicles, State Farm Classic+, beginning in 2022. Hagerty is an automotive lifestyle brand and a...
Texas Auto Recycler Settles Disability Discrimination Suit for $90K
Aug 11 2021 // A Texas-based auto recycler will pay $90,000 to settle a federal disability discrimination lawsuit, officials said. In addition, K&L Auto Crushers in Tyler will furnish other relief to settle a disability...
Van Carrying 25 in Texas Crashes; Leaves at Least 11 Dead, Others Injured
Aug 6 2021 // An overloaded van carrying about 25 passengers crashed Aug. 3 on a remote South Texas highway, killing at least 11 people and injuring more than a dozen others, authorities said. The crash happened shortly after 4 p.m. on...
Progressive Insurance Hurt by Rise in Auto Claims, Low Premiums in Q2
Aug 6 2021 // Progressive Corp. reported a 56% decrease in net income to $790.1 million for the second quarter. Net income was down 9% for the first six months. The company said the largest contributor to the year-over-year decreases...
U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway
Aug 5 2021 // A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center in China, according to the California firm, Plus, that provided the driverless...
Texas Awards $13.6M in Grants to Fight Motor Vehicle Crime
Aug 4 2021 // Communities across Texas are sharing $13.6 million in grant funding aimed at reducing and preventing motor vehicle crime in the state. The Texas Motor Vehicle Crime Prevention Authority (MVCPA) grants provide support for...
Sigo Seguros Launches Spanish-First Auto Insurance Product in Texas
Aug 4 2021 // Sigo Seguros, an auto insurance provider serving the Spanish-speaking community, launched its own auto insurance product in Texas that it says is transparent, affordable and natively available in Spanish and English. By...
Ex-Boston Police Department Auto Repair Worker Will Plead Guilty to Fraud Scheme
Aug 4 2021 // A former Boston Police Department auto repair technician has agreed to plead guilty to a scheme to embezzle more than $260,000 from the department in auto parts and supplies, federal prosecutors said. Bahram Gharony bought...
New Hampshire State Police Discover 100-Plus Commercial Vehicle Violations
Aug 3 2021 // The New Hampshire State Police discovered 189 commercial vehicle violations following a day-long focus on safety. Police said 42 of the violations discovered were so severe that they created a condition where the vehicle...
Parents Suing Vehicle Maker a Year After 9 Troops Died Off California Coast
Aug 2 2021 // The families of eight Marines and one sailor who died when their amphibious assault vehicle sank off the Southern California coast last summer plan to sue the manufacturer of the vehicle that resembles an armored seafaring...
Recreational Vehicle Rental Site Outdoorsy to Expand Its Insurance Division
Aug 2 2021 // Recreational vehicle rental marketplace Outdoorsy said it will use some of the $120 million it raised this year to expand its digital managing general agency that sells insurance to RV owners and renters in the U.S. and...
