Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Mountaineer State Faces Many of the Nation’s Same Issues
Feb 26 2004 // While not the biggest state in the southeastern region, West Virginia like all other states has its insurance issues. Insurance Commissioner Jane Cline recently set aside some time to talk with Insurance Journal Southeast...
North Carolina Commissioner Orders Hearing on 2004 Auto Rate Filing
Feb 25 2004 // North Carolina Insurance Commissioner Jim Long has ordered a hearing to discuss the insurance industry’s latest request for an increase in auto insurance rates. Long will preside over the hearing, called for July 26...
AUTO RESIDUAL MARKET LOSSES RISE
Feb 23 2004 // The Property Casualty Insurers Association of America reported that residual market plans for private passenger auto insurance continue to result in significant losses. The private passenger auto residual market increased...
MICH., MO. SHARED AUTO PLANS HAD UNDERWRITING LOSSES:
Feb 23 2004 // A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies, and...
FIRST ARSON HOTLINE REWARD:
Feb 23 2004 // A $500 reward has been given to a man who called the State Fire Marshal’s Office Arson Hotline to report a case of arson. The call led to the arrest and conviction of 26-year-old Laurie Granado of Austin on charges...
Reflections from Rip Van Winkle
Feb 23 2004 // From 1979 to 1988 I had the pleasure of serving as executive V. P. of the Independent Insurance Agents of Arkansas. For the past fifteen years I have served as the lobbyist for the Arkansas Medical Society. When Kelley...
AIA CALLS FOR STANDARDIZED USE OF EVENT DATA RECORDERS TO IMPROVE VEHICLE SAFETY:
Feb 23 2004 // At a recent meeting of the national leadership of the American Automobile Association (AAA), the American Insurance Association (AIA) urged a cooperative effort between motorists and insurers to call for the...
Five Monterey County Shop Owners Arrested in Auto Fraud Ring
Feb 23 2004 // Monterey County Sheriff’s Department arrested five businesses in one of the largest undercover insurance fraud sting operations in the history of Monterey County. Arrested were: 40-year-old David Alan Long, owner of...
Brooke Subsidiary Introduces Auto Insurance Specialty
Feb 19 2004 // Shawn Lowry, president of Overland Park, Kan.-based Brooke Corp.’s franchise subsidiary, announced the introduction of a Brooke franchise for insurance agents that specialize in the sale of automobile...
N.J. Department of Banking and Insurance Unveils 2003 Auto Company Performance Info for Residents
Feb 19 2004 // In an ongoing effort to reportedly give New Jersey residents the tools they need to choose the auto insurance policy that is right for them, the Department of Banking and Insurance recently released the first Auto Company...
Hartford’s SPICE Program Augments Truck Equipment Coverage
Feb 17 2004 // The Hartford Financial Services Group, Inc. unveiled a “newly enhanced STEP SPICE policy endorsement,” which will augment coverages to its highly successful multi-line program for manufacturers, distributors,...
Mich. Commissioner Launches Auto Rate Inquiry
Feb 16 2004 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters has launched the second phase of her investigation into rising home and auto rates in Michigan. Commissioner Watters issued a letter...
ACE Select Markets Chosen by NCCC as Exclusive Provider of Collector Car Insurance
Feb 13 2004 // ACE Select Markets, a division of ACE USA, the U.S.-based retail operations of the ACE Group of Companies, announced that it has been selected by the National Council of Corvette Clubs (NCCC) to be the exclusive provider...
PCI Responds to CBS News Story on Insurer-Owned Repair Shops
Feb 13 2004 // The Property Casualty Insurers Association of America (PCI) issued a stern response to a Wednesday, Feb. 11 CBS Evening News story that reportedly contained unfair allegations from the auto body industry that insurer-owned...
Mich. Auto Rates Rise Slower Than National Average
Feb 12 2004 // Auto insurance rates for Michigan policyholders rose slower than the national average in 2003, according to the Insurance Institute of Michigan (IIM). Michigan’s auto insurance rates increased an average of 7 percent...
N.J. Man Pleads Guilty to Possessing Phony Auto I.D. Card
Feb 12 2004 // New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Camden County man has pleaded guilty to possessing a phony automobile insurance identification card in order to avoid obtaining legitimate...
Texas Arson Hotline Caller Given First Reward
Feb 12 2004 // A $500 reward has been handed over to a man who called the Texas State Fire Marshal’s Office Arson Hotline to report a case of arson. According to the Insurance Council of Texas, the phone call led to the arrest and...
Infinity Property and Casualty Corp. Releases Q4 Results
Feb 10 2004 // Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on nonstandard auto insurance, reported net earnings for the fourth quarter of $19.5 million or $0.94...
Residual Markets Continue to Burden Auto Insurers
Feb 9 2004 // A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. But one...
N.C. Department Responds to Auto Rate Filing
Feb 9 2004 // Insurance Commissioner Jim Long last week announced the receipt of the 2004 auto insurance rate filing from the North Carolina Rate Bureau (NCRB). The NCRB, an independent organization representing all auto insurance...
