Latest Auto Headlines

All the headlines from our Auto Topic Page, ordered by recency.

MS Amlin Launches 2nd Asia-Focused Special Purpose Reinsurance Vehicle for ILS

Jan 6 2022 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s global specialty re/insurer, announced its Singapore-based operation has launched its second local special purpose reinsurance vehicle (SPRV).Called Phoenix 2 Re Pte....

Car Makers Like Some Tech Features More Than Car Buyers Do

Dec 29 2021 // While car buyers say new vehicle technology is a leading reason they choose one vehicle over another, there are some tech features that they would just as soon do without.“New-vehicle prices are at an all-time high,...

Fire Truck Tire Explosion Kills Louisiana Firefighter

Dec 21 2021 // A northwest Louisiana firefighter died Saturday after a tire he was maintaining on a fire truck exploded.The South Bossier Parish Fire District No. 2 said 28-year-old Jessie Henry died at one the district’s stations...

Ohio Car Dealership to Pay $390K over Age Discrimination Suit

Dec 21 2021 // Davis Automotive Group, Inc., doing business as BMW Cleveland, an automobile dealership located in Solon, Ohio, will pay $390,000 and furnish significant equitable relief to settle an age discrimination lawsuit filed by...

Nephila Capital’s New Syndicate 2358 Funded by Lloyd’s-Sponsored Investment Vehicle

Dec 21 2021 // Nephila, the Bermuda-based insurance-linked securities manager, has funded its newly launched Syndicate 2358, with capital provided through London Bridge Risk PCC (LBR PCC), a Lloyd’s-sponsored protected cell...

Biden Auto Safety Nominee Vows to Address Jump in Traffic Deaths

Dec 16 2021 // President Joe Biden’s nominee to serve as the top auto safety regulator will vow to address the massive increase in U.S. road deaths, according to congressional testimony seen by Reuters.Steven Cliff, who was tapped...

Biden Auto Safety Agency Nominee to Face Senate Committee

Dec 14 2021 // The U.S. Senate Commerce Committee on Thursday is set to hold a confirmation hearing on President Joe Biden’s nominee to head the National Highway Traffic Safety Administration (NHTSA), an agency without a permanent...

AAA: Rear-End Collisions / Fender Benders Top Texas 2021 Auto Insurance Claims

Dec 10 2021 // An American Automobile Association report revealing the top auto insurance claims among Texas members in 2021 shows that rear-end collisions and fender benders accounted for 18% of all claims this year. A rear-end...

Auto Insurance Virtual Town Halls Offered to Michigan Drivers

Dec 10 2021 // The Michigan Department of Insurance and Financial Services (DIFS) will offer free town hall events for consumers about auto insurance. The town halls will take play Dec. 14 at 6 p.m. and Dec. 15 at 12 p.m. via Zoom.The...

Toyota Offering Auto Insurance With Farmers’ Toggle in 5 States With More to Come

Dec 10 2021 // Automaker Toyota’s insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois, Indiana, Ohio and South Carolina, and will soon be offering the coverage in...

Auto Insurers Can Use ‘Hybrid’ Model on Med Reimbursement, Florida High Court Rules

Dec 9 2021 // Automobile insurance carriers in Florida may limit reimbursement to health providers in keeping with a fee schedule in a personal injury protection policy, the Florida Supreme Court decided in a decision posted...

People Moves: Garland to Be President of State Auto After Liberty Mutual Acquisition

Dec 9 2021 // Liberty Mutual Insurance plans to appoint Kim Garland as president of State Auto Financial Corp. following the completion of Liberty Mutual’s pending acquisition of State Auto. The deal is expected to close in...

Michigan Drivers to Receive $400 Refund Per Vehicle

Dec 8 2021 // All Michigan drivers with auto insurance will receive a $400 per-vehicle refund next year. Gov. Gretchen Whitmer and state regulators announced the dollar amount Tuesday, more than a month after she had requested the...

Jeep, Dodge, Fiat Automaker Stellantis Plans Usage-Based Insurance Offering

Dec 8 2021 // Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.5 billion) in annual revenue from related products and subscriptions as it takes aim at rival Tesla.CEO...

Buckle, Amwins Form MGA to Offer Auto to Gig Workers

Dec 8 2021 // Buckle, a technology-based financial services company, has entered into a managing general agency agreement with Amwins Specialty Auto to place non-standard automobile insurance for gig workers in Florida. Gateway...

Minnesota Winter Storm Causes Hundreds of Car Crashes, No Fatalities

Dec 7 2021 // Snowfall reached nearly 1 foot on Sunday, Dec. 5 in some parts of northern Minnesota. The Minnesota State Patrol reported hundreds of car crashes during the storm. Authorities said 26 of the crashes resulted in injuries,...

Inflation, Loss Severity May Curb Nonstandard Auto Market’s Positive Momentum

Dec 6 2021 // Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along with elevated inflation and supply chain issues, may counteract recent positive...

Wife of Injured Kansas Officer Settles with Auto Dealership

Dec 2 2021 // A lawsuit filed against a Wichita car dealership by the wife of a police officer injured when he was run over by a sport utility vehicle from the business has been settled for an undisclosed amount.Officer Brian Arterburn...

Nebraska Garage Fire Destroys More than $1 Million in Vintage Cars, Motorcycles

Dec 1 2021 // A garage fire near Denton, Nebraska has caused more than $1 million in damage to several classic cars and motorcycles. The Lincoln Journal Star reports that the fire broke out Saturday, Nov. 27 in a detached garage....

Amazon’s New FleetWise Transfers Vehicle Data to Cloud to Aid Safety, Design

Dec 1 2021 // Amazon Web Services has launched a new cloud-based data service that could help automakers remotely diagnose issues in their vehicles to prevent recalls and improve safety, as well as manage related data, the company told...