All the headlines from our Auto Topic Page, ordered by recency.
Jan 27 2021 // Automobile insurance provider, Bluefire Insurance, has expanded its presence into Illinois.With the addition of Illinois, Bluefire, an Irving, Texas-based managing general agency, now offers coverage in eight states, with...
Jan 27 2021 // Auto theft appears to have increased considerably in 2020 compared to 2019, reversing two years of auto theft declines.A preliminary analysis by the National Insurance Crime Bureau shows there were 873,080 auto thefts in...
Jan 25 2021 // Louisiana motorists filing car accident lawsuits will encounter tougher rules to win damage awards, under a new law championed by the state’s business lobby that took effect Jan. 1, a law that backers hope will lower...
Jan 22 2021 // A long-running Silicon Valley soap opera took an unexpected twist on Wednesday after outgoing President Donald Trump pardoned a former Google engineer for stealing self-driving car secrets shortly before joining...
Jan 21 2021 // A failed attempt to settle debt insurance on a struggling French car-rental company is the latest blow to the $9 trillion market in credit derivatives, but this time the focus is on speculators.Protection buyers who...
Jan 19 2021 // Loop, a managing general agency focused on building an auto insurance model that does not utilize credit scores and ZIP codes, announced the close of a $3.25 million seed round last week.Freestyle.VC led the funding round,...
Jan 14 2021 // Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract new forms of capital.A key milestone for the Future at Lloyd’s strategy, the...
Jan 11 2021 // Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance...
Jan 8 2021 // Auto insurance rates are falling across the country an average 1.7 percent, with drivers in Michigan, Ohio, Kentucky, Arkansas and Louisiana seeing the biggest drops of more than 4 percent.This is the first time rate have...
Jan 4 2021 // Louisiana motorists filing car accident lawsuits will encounter tougher rules to win damage awards, under a new law championed by the state’s business lobby that took effect Jan. 1, and that backers hope will lower...
Jan 4 2021 // Daimler AG’s North American truck unit on Thursday agreed to a $30 million U.S. civil penalty to resolve an investigation of delayed recalls, the second time since late 2019 the German automaker has agreed to settle...
Dec 21 2020 // An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership.ACCC Insurance Co. was placed into receivership on Oct....
Dec 21 2020 // Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance...
Dec 16 2020 // Spurred by a combination of financial hardship, a decrease in miles driven and a general lack of awareness of the historic relief efforts the industry initiated in 2020, auto insurance customer loyalty has given way to a...
Dec 15 2020 // A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer.Embark General, headquartered in...
Dec 11 2020 // Hundreds of firefighters battled a fire on Dec. 10 in Chicago’s West Side that engulfed an auto parts warehouse.Crews were called to flames shooting through the roof of Best Value Autobody Supply Inc., Chicago Fire...
Dec 11 2020 // An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation.Westchester County District Attorney Anthony A. Scarpino Jr. announced...
Dec 9 2020 // Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic.Self-driving vehicle technology company Aurora will acquire...
Dec 4 2020 // A District of Columbia appeals court held that a Washington Metropolitan Area Transit Authority (WMATA) worker cannot sue his employer after requesting compensation under the Virginia Workers’ Compensation Act for an...
Dec 4 2020 // Car-sharing startup Turo Inc. is returning to New York, seven years after leaving the state that was once its biggest market over a dispute with regulators about insurance rules.Turo, which allows vehicle owners to put...