Latest Commercial Auto Headlines
All the headlines from our Commercial Auto Topic Page, ordered by recency.
Judge: NYC Taxi Agency Must Help Disabled Riders
Dec 27 2011 // A federal judge has barred New York City’s Taxi and Limousine Commission from issuing permits for taxicabs unless they’re accessible to people with disabilities. Advocates for the disabled say it’s a...
All Risks Ltd. Set to Offer New Market for Charter Buses
Dec 13 2011 // All Risks Ltd. has obtained a new market for charter bus companies of all sizes effective Jan. 1, 2012. The coverage will be available through the company’s York, Penn.-based livery unit, which will serve as the...
Texas DPS: More than 66K Unsafe Commercial Vehicles Sidelined This Year
Nov 21 2011 // Since the beginning of the year, Texas public safety officers have removed more than 66,000 unsafe commercial vehicles and more than 12,000 unsafe commercial drivers from the state’s roadways, the Department of...
Insurance Association Head Says China May Open Auto Market to Foreign Firms
Nov 16 2011 // China, the world’s largest auto market, is likely to open its mandatory auto insurance market to foreign companies next year, chairman of the Insurance Association of China said on Wednesday. The 200 billion yuan...
Europe’s Fleet Vehicle Market Valued at $23 Billion
Oct 18 2011 // New research by Finaccord, a specialist market research consulting firm, estimates that the market for motor insurance for fleet vehicles across ten European countries is worth €15.8 billion [$21.77 billion] in premiums...
Maryland Brothers Acquitted in Alleged Murder-for-hire Plot
Sep 9 2011 // Two brothers accused of carrying out the slaying of a blind and mentally disabled man as part of an insurance scam have been found not guilty of all counts, including conspiracy to commit murder. James and Kareem Clea...
Ohio Cycle Bar Puts Party on the Road; $2M Insurance Policy Helps
Sep 6 2011 // Taylor Glascock/AP As the peculiar yellow vehicle moved into the Short North neighborhood north of downtown Columbus, Ohio, bewildered pedestrians stopped in their tracks, fumbling for their cellphone cameras. Drivers...
Maryland Brothers Face Trial for Murder-for-Hire Insurance Scam
Aug 24 2011 // Opening statements are expected this week in the trial of two brothers accused of carrying out the killing of a blind and mentally disabled man as part of an insurance scam in Baltimore. Jury selection has already begun in...
Two Brothers Face Trial for Murder-for-hire Insurance Fraud Scheme
Aug 24 2011 // Opening statements are expected this week in the trial in Baltimore of two brothers accused of carrying out the killing of a blind and mentally disabled man as part of an insurance scam. Jury selection began on Monday in...
MMA Insurance UK Expands Commercial Auto Coverage
Aug 22 2011 // The UK’s auto (motor) insurance market is extremely competitive, and over the past few years usually unprofitable. As a result a number of insurers are reducing capacity and/or contracting their distribution for...
New York Stops Tour Bus Operators Following Crashes
Jul 27 2011 // New York Gov. Andrew Cuomo, following a recent rash of tour bus crashes, said he will suspend the operating licenses of eight charter and tour bus companies and their 100 buses after repeated failures in safety...
Commercial Auto Claims on the Rise – Will Rates Come Next?
Jul 4 2011 // An increase in claims from cargo theft and freight physical damage is expected to lead to higher insurance rates in the commercial auto class, a welcome development for some insurers after years of prices going...
Texas Takes 26.5% of ‘Roadchecked’ Commercial Vehicles Out of Service
Jun 24 2011 // During the recent 72-hour Roadcheck 2011 program, the Texas Department of Public Safety and other Texas law enforcement agencies inspected 7,993 commercial vehicles. Of the vehicles inspected, 26.5 percent were placed out...
Massachusetts AG Urges Rate Reduction for Commercial Auto
Jun 6 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by a combined $1 billion over the last seven years and has asked the state’s insurance commissioner to force...
Appalachian Underwriters, American Alternative Partner on Commercial Auto
Jun 2 2011 // Appalachian Underwriters, Inc. (AUI) has been appointed by American Alternative Insurance Corporation (AAIC) to offer nationwide commercial auto coverage. Appalachian Underwriters is a licensed national managing general...
Wash. Seeks Comment on Workers’ Comp Policy on For-Hire Drivers
Jun 1 2011 // Washington’s Department of Labor and Industries is seeking comment on proposed rules to implement legislation requiring workers’ compensation coverage for certain for-hire vehicle operators such as taxi and...
Gateway Insurance Ratings Affirmed; Outlook Revised to Negative
May 26 2011 // A.M. Best Co. has revised the outlook to negative from positive and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Gateway Insurance Co. (Gateway) in St. Louis,...
Massachusetts AG Urges Rate Reduction for Commercial Auto
May 24 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by $1 billion over the last seven years and has asked the state’s insurance commissioner to slash premiums for...
Bus, Taxi Drivers Targeted in Ongoing New York Crackdown
May 11 2011 // The latest and broadest sting in a crackdown on commercial drivers that has ensnared 173 of them since a deadly March tour bus crash has netted nearly four dozen more arrests of drivers of tour buses, New York City buses,...
S.H. Smith & Co. Opens Northwest Office
Mar 25 2011 // S.H. Smith & Co. Inc., a wholesaler and managing general agent, announced it is expanding its market presence into the West by opening an office in the Northwest. Scott Smith, president, said, “We will focus on...
