All the headlines from our Auto Topic Page, ordered by recency.
Oct 10 2018 // After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market...
Oct 10 2018 // The supersized limousine that crashed and killed 20 people outside a country store failed a safety inspection last month and shouldn’t have been on the road, and the driver wasn’t properly licensed, New...
Oct 10 2018 // The auto industry is a long way from seeing autonomous vehicles and ride-hailing companies put an end to traffic deaths and personal car ownership, according to one of the top U.S. auto dealers.“We have reached peak...
Oct 9 2018 // While the race to automated vehicles picks up speed, a new survey reveals consumer are skeptical of the technology and the safety claims of its advocates, a new survey finds.Also, the insurance industry may be in the best...
Oct 8 2018 // When it’s machine versus human, it’s more likely humans will be exchanging insurance information with other humans, according to data released by the electric car maker Tesla.In the first quarterly report on...
Oct 5 2018 // RVI Group, a Stamford, Conn.-based provider of residual value insurance, has appointed Wei Fan to lead its Passenger Vehicle Insurance and Analytics businesses.Under Fan’s leadership, the Passenger Vehicle Insurance...
Oct 5 2018 // The Trump administration is moving ahead with plans to revise safety rules that bar fully self-driving cars from the roads without equipment such as steering wheels, pedals and mirrors, according to a document made public...
Oct 4 2018 // Aon is partnering with Fixico to offer a fully-digital solution to handle car repairs for Aon’s fleet clients in Belgium.Fixico offers a digital platform for car repair handling, which is directly connected to a wide...
Oct 4 2018 // Final U.S. highway fatality numbers for 2017 are down following two consecutive years of large increases. In addition, preliminary estimates for the first six months of 2018 appear to show that this downward trend...
Oct 3 2018 // With automotive officials estimating that as many as 40,000 vehicles were damaged by flooding from Hurricane Florence, the Pennsylvania Insurance Department and the Pennsylvania Department of Transportation (PennDOT) are...
Oct 3 2018 // A car explosion that rocked downtown Allentown, Penn., left three males dead, including the likely “perpetrator,” officials said Sunday as federal authorities who are leading the investigation looked ahead to...
Oct 3 2018 // I had a conversation last week that gives me hope for society and makes me angry at the same time. It all goes back to an unfortunate incident where a friend had a motorcycle accident. He and his bike are in rough shape....
Oct 3 2018 // Wells Fargo & Co. has not convinced U.S. regulators it is doing enough to repay 600,000 drivers who were wrongly pushed into buying auto insurance, a leading bank regulator said on Tuesday.“We are not comfortable...
Oct 3 2018 // Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies.The tool generates suggestions by...
Oct 2 2018 // Most insurance organizations have historically built strategic plans around a few core tenets: 1) increasing sales (market share and growth); 2) improving acquisition or retention; 3) increased persistency; and 4)...
Oct 1 2018 // Insurer market power matters in hospital pricing. Patients with automobile, workers’ compensation, and other non-conventional commercial insurance plans paid much higher prices than patients with HMO/PPO health...
Oct 1 2018 // 1.State Farm Mutual Automobile Insurance CompanyMarket Share: 31.06% 2. Progressive Security Insurance CompanyMarket Share: 10.19%3. Allstate Property and Casualty Insurance CompanyMarket Share: 7.08%4. Geico Casualty...
Oct 1 2018 // Louisiana’s insurance commissioner says the state’s auto insurance market may be stabilizing, with a smaller rise in premiums expected this year compared with prior years.Insurance Commissioner Jim Donelon says...
Oct 1 2018 // The Texas Automobile Insurance Plan Association filed rate increases of 4.9 percent for private passenger auto insurance and 3.9 percent for commercial auto coverage. The proposed rate increases for new and renewal...
Oct 1 2018 // Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have...