All the headlines from our Auto Topic Page, ordered by recency.
May 20 2022 // Hub Launches Nonprofit Specialty PracticeInsurance broker Hub International, with decades of experience in the sector, has launched a nonprofit specialty practice to serve the risk management, insurance and human capital...
May 20 2022 // Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay a total of $1.2 billion to resolve price-fixing allegations, a panel of the U.S....
May 18 2022 // A major water leak in central Japan on Wednesday disrupted supply to more than 130 businesses near the production center of Toyota Motor Corp.The accident in Japan’s manufacturing heartland threatened interruptions...
May 11 2022 // Michigan Gov. Gretchen Whitmer announced this week that auto insurers should have issued the last of $400 per eligible vehicle insurance refunds by May 9 and that any residents who have not received their refund should...
May 11 2022 // It’s not just homeowners insurance costs that are high in Florida. A new report shows that Floridians continue to pay some of the largest auto coverage premiums in the country.The BankRate 2022 report shows that the...
May 9 2022 // An armored car company has settled its lawsuit that accused the San Bernardino County sheriff of illegally seizing over $1 million in cash it was transporting from medical marijuana businesses in California.The settlement...
May 6 2022 // Rate increases in Allstate’s auto insurance business are in integral part of the insurer’s overall plan to address the impact of inflation.Wednesday during a conference call with analysts to discuss...
May 5 2022 // Boston-based Safety Insurance Group, Inc. reported first quarter 2022 results showing net income of $7.8 million, compared to $36.2 million for the comparable 2021 period, as auto insurance claim frequency returned to...
May 4 2022 // First quarter 2022 insurance premiums earned grew 6.5% to about $11 billion at Allstate Corp., as net income was $630 million compared with a loss of about $1.4 billion during the first three months of 2021.CEO Tom Wilson...
May 3 2022 // There wasn’t a lot of talk about auto insurance at this year’s annual meeting of Berkshire Hathaway, but when the subject came up, Warren Buffett acknowledged the continued dominance of one competitor—a...
May 2 2022 // Allstate said it is raising auto insurance rates more due to continued upticks in physical damage and bodily injury severity.The personal property insurer said in a statement on April 21 that first quarter unfavorable...
May 2 2022 // The Virginia Supreme Court has ruled that an all-terrain vehicle (ATV) is not a “farm type vehicle” covered by a homeowner’s insurance policy, reversing a lower court decision.The lower court ruled for...
Apr 28 2022 // The California Labor Commissioner’s Office cited Torrance Car Wash more than $800,000 for wage theft violations affecting 35 workers, including minimum wage, overtime and contract wage violations.An investigation...
Apr 27 2022 // As the number of catalytic converter thefts has soared nationwide, one Alabama auto repair shop has begun building anti-theft cages that cover the pollution-control devices.Dean and Cory Parker, owners of Dean’s Auto...
Apr 25 2022 // Allstate said it is raising auto insurance rates more due to continued upticks in physical damage and bodily injury severity.The personal property insurer said in a statement on April 21 that first quarter unfavorable...
Apr 22 2022 // Auto insurance carriers and independent agents in New York have launched a campaign to eliminate what they say is an outdated requirement for the state’s auto insurance buyers.The group wants lawmakers to let auto...
Apr 21 2022 // The cost of a comprehensive car insurance policy in Britain touched an 18-month high in the first quarter and will continue to increase on the back of rising inflation and regulatory changes, a survey showed on Thursday.UK...
Apr 19 2022 // Michigan Governor Gretchen Whitmer announced that nearly a third of eligible Michiganders have already received their $400 auto refund checks from the Michigan Catastrophic Claims Association (MCCA) catastrophic fund...
Apr 19 2022 // A subsidiary of American Family Insurance now faces a federal class-action lawsuit in Florida, alleging it regularly charged auto policyholders a cancellation fee that was never mentioned in the policy.The size of the...
Apr 18 2022 // The Virginia Supreme Court has ruled that an all-terrain vehicle (ATV) is not a “farm type vehicle” covered by a homeowner’s insurance policy, reversing a lower court that ruled in favor of coverage.The...