Latest Auto Headlines

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

Insurers Warn that Drivers May Not Understand Limits of ‘Automated’ Car Technology

Apr 21 2021 // LONDON – Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn.Insurers...

Lemonade Revving Up to Enter Car Insurance Market

Apr 20 2021 // Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet and life insurance offerings in the U.S.The insurtech announced...

UK Car Insurance Premiums Drop to Lowest Level Since 2015: WTW Survey

Apr 20 2021 // The cost of a comprehensive car insurance policy in Britain slumped 14% in the first quarter of 2021, to their lowest level since 2015, as different phases of lockdowns in the country kept motorists off the streets, a...

Florida Drives Toward Repeal of Motor Vehicle No-Fault Law

Apr 20 2021 // After many years of trying, Florida is closer than ever to repealing its 50-year-old motor vehicle no-fault law.However, many industry stakeholders have expressed opposition to the legislation passed by the Florida Senate...

Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm

Apr 19 2021 // As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February.That number reflects preliminary results from a data call...

Why Nonstandard Auto Is More Critical Than Ever

Apr 19 2021 // Customers, insurance carriers and their distribution need nonstandard auto protection for drivers now more than any time in history.Although some carriers have declined to cover higher-risk drivers in the past, that could...

Deaths in Vehicle Crashes Up 38% in South Dakota in 2020

Apr 16 2021 // The number of traffic crash fatalities in South Dakota rose to 141 last year — an increase of 38% over the previous year.The South Dakota Department of Public Safety said in 2020, there were 132 crashes in which the...

Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best

Apr 16 2021 // Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto insurers, according to an AM Best special report.Last year’s number was an...

New Jersey Man Charged with Insurance Fraud for Rate Evasion After Van Accident

Apr 8 2021 // A New Jersey man has been charged with insurance fraud after an investigation revealed he failed to pay the correct premiums to insure his commercial vehicle and deprived his employees of proper insurance coverage.Passaic...

Farmers Completes Acquisition of MetLife Auto & Home Business for $3.9 Billion

Apr 8 2021 // Zurich Insurance and Farmers Exchanges have closed on buying MetLife’s U.S. property/casualty business for $3.94 billion.The business acquired includes 2.4 million MetLife Auto & Home policies, $3.6 billion of...

Maine Auto Body Manufacturing Plant Faces Nearly $400K in Fines for Safety Violations

Apr 7 2021 // A Waterville, Maine, auto body manufacturing plant is facing nearly $400,000 in proposed fines for unaddressed fall and noise hazards that placed its employees at risk.The Shyft Group Duramag LLC – formerly F3 MFG Inc....

Commercial Vehicle Accident Lawsuits Target of Texas Legislation

Apr 5 2021 // A pair of companion bills have been introduced in the Texas House and Senate that proponents say are aimed at providing consistency and uniformity in civil actions involving commercial vehicle accidents. Opponents, on the...

Battle Brews over Texas Bills Aimed at Commercial Vehicle Accident Lawsuits

Mar 25 2021 // A battle is brewing between trucking and insurance industry interests and trial lawyers in Texas over a pair of companion bills introduced in the Texas House and Senate that proponents say are aimed at providing...

Groups Pushing Auto Insurance Reform to ‘End Discrimination Against Lower-Wage Californians’

Mar 23 2021 // Millions of California drivers will see auto insurance savings with the adoption of regulations presented at a California Department of Insurance workshop on Tuesday that would “end discrimination against lower-wage...

State Farm Returning $400M to California Auto Customers

Mar 22 2021 // State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the company reported.The announcement comes as the California Insurance Commissioner Ricardo...

8K Gallons of Milk Spilled in North Dakota Truck Crash

Mar 16 2021 // Authorities say a semi-trailer hauling milk crashed in central North Dakota over the weekend and spilled nearly 8,000 gallons of milk.The North Dakota Highway Patrol says the truck went in the ditch about 4 miles south of...

State Farm Returning $400M to California Auto Customers

Mar 11 2021 // State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the company announced this week.The announcement comes as the California Insurance...

Louisiana Woman Accused of Selling Fake Auto Policies on Facebook Marketplace

Mar 11 2021 // State police have arrested a Louisiana woman accused of selling fraudulent auto insurance policies. The majority of the victims saw the woman’s advertisement for automobile coverage on Facebook Market Place,...

Auto Insurance Shopping Stabilizes, State-Level Competition Intensifies: J.D. Power

Mar 9 2021 // As the country hits the one-year mark of the arrival of COVID-19, auto insurance industry trends are beginning to show a return to the pre-pandemic baseline, which will further intensify the ongoing customer acquisition...

Fitch Sees 2020’s Personal Auto Insurer Profits as Unsustainable

Mar 8 2021 // Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don’t look anything like the 106 recorded in 2016. But they’re headed in that direction,...