Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Fitch Sees No Ratings Change, ‘Modest Benefit’ for Liberty Mutual in State Auto Buy
Jul 29 2021 // Fitch Ratings said it does not expect Liberty Mutual Holding Co. Inc.’s ratings to be impacted by its planned acquisition of State Auto Group for an estimated $1 billion of cash consideration. “Given the...
Car-Sharing Firm Getaround Settles Over Tax Bill, Customer Damage and Thefts
Jul 27 2021 // Getaround Inc. will pay $950,000 to Washington, D.C. and revise its business practices after allegations that it misrepresented the benefits and nature of its car sharing services and failed to pay city sales taxes,...
W.R. Berkley-Backed Vehicle Inspection Firm UVeye Raises $60M in New Round
Jul 22 2021 // UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used car retailer CarMax Inc. and the insurer W.R. Berkley Corp. “The completion of...
UK’s Q2 Auto Insurance Premiums Drop to Lowest Level Since Early 2016: Survey
Jul 21 2021 // The cost of a comprehensive car insurance policy in Britain fell 12% in the second quarter to its lowest level since early 2016 due to COVID-19 lockdowns, although it might rebound to pre-pandemic levels as restrictions...
Rhode Island Governor Vetoes Auto Body Insurance Claims Legislation
Jul 19 2021 // Rhode Island Governor Dan McKee has vetoed legislation regarding auto body insurance claims that he said would ultimately burden consumers. “While I recognize the stated intent of this bill is to protect consumers,...
Washington Commissioner Wants Auto Claims, Rebate Data from Insurers
Jul 19 2021 // Washington Insurance Commissioner Mike Kreidler issued a data call of 124 auto insurance companies for recent rebates given to policyholders during the COVID-19 pandemic. Kreidler is requesting claims data for private...
17 More Arraigned in $822K California Auto Insurance Fraud Ring
Jul 16 2021 // Another 17 defendants were arraigned for their alleged involvement in an organized auto insurance fraud ring in California in which dealers reportedly purchased damaged vehicles and then filed inflated claims and even...
Liberty Mutual to Acquire State Auto Group
Jul 12 2021 // Insurer Liberty Mutual reported that it will acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio. Under the terms of the agreement, State Auto mutual members will become...
Washington Commissioner Wants Auto Claims, Rebate Data from Insurers
Jul 7 2021 // Washington Insurance Commissioner Mike Kreidler issued a data call of 124 auto insurance companies for recent rebates given to policyholders during the COVID-19 pandemic. Kreidler is requesting claims data for private...
Machinery at Montana Car Wash Severs Worker’s Lower Leg
Jul 6 2021 // An employee at a car wash in Helena got caught in a piece of machinery that severed his lower leg, Helena fire officials said. The accident happened just before 1 p.m. Tuesday at Woody’s Car Wash, Assistant Chief of...
Housing Market Boosts Personal Lines Shopping But Auto Still Lags
Jul 5 2021 // Shopping for personal lines insurance is showing signs of returning to pre-pandemic levels in the U.S., according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting firm found in...
Hawaii Boosting Peer-to-Peer Car Rental Oversight
Jul 5 2021 // The Hawaii Department of Taxation has been boosting its monitoring of peer-to-peer car rentals. The industry operates with the help of apps like Turo, which people can use to rent their personal cars to others. Department...
Tesla Auto Caught Fire During Driving, Lawyer Alleges
Jul 2 2021 // A Tesla Inc. Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the...
Recreational Vehicle Rental Site Outdoorsy to Expand Its Insurance Division
Jun 30 2021 // Recreational vehicle rental marketplace Outdoorsy said it will use some of the $120 million it recently raised to expand its digital managing general agency that sells insurance to RV owners and renters in the U.S. and...
Florida Governor Cites ‘Unintended Consequences’ in Veto of Auto Insurance Bill
Jun 30 2021 // Florida Governor Ron DeSantis has vetoed a measure intended to replace auto insurance personal injury protection (PIP) coverage with bodily injury coverage limits and a requirement that insurers offer medical payments...
Florida Legislature Sends No-Fault Auto Insurance Repeal Bill to Governor
Jun 29 2021 // The Florida legislature has sent an auto insurance measure (Senate Bill 54) to Gov. Ron DeSantis, who must now decide whether to sign or veto the legislation, which would repeal the state’s Personal Injury Protection...
Hawaii Boosting Peer-to-Peer Car Rental Oversight
Jun 28 2021 // The Hawaii Department of Taxation has been boosting its monitoring of peer-to-peer car rentals. The industry operates with the help of apps like Turo, which people can use to rent their personal cars to others. Department...
Hot Housing Market Boosts Personal Lines Insurance Shopping But Auto Still Lags
Jun 28 2021 // Shopping for personal lines insurance is showing signs of returning to pre-pandemic levels in the U.S., according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting firm found in...
More Guilty Pleas in Louisiana Staged Truck Accident Cases
Jun 28 2021 // Two more individuals have pleaded guilty to conspiring to stage automobile accidents in Louisiana in a scheme to defraud insurance and trucking companies, the U.S. Justice Department says. The U.S. Attorney’s Office...
Massachusetts Man Charged with Identity Theft in Attempt to Buy Luxury Car
Jun 24 2021 // A Massachusetts man is suspected of stealing the identities of two people in an attempt to buy an $83,000 car, federal prosecutors said. Brandon Brouillard, 27, of Worcester, was indicted last week on bank fraud and...
