Latest Auto Headlines

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

NTSB Finds Limo Owner Evaded Safety Rules Before Fatal New York Crash

Aug 28 2020 // The owner of the stretched limousine that crashed and killed 20 people in upstate New York repeatedly changed the listed number of seats in the vehicle and took other steps to avoid safety regulations, according to...

Teens and Seniors More Likely to Drive Less Safe Cars

Aug 27 2020 // Teen drivers and drivers 65 years and older – two age groups at a higher risk of being involved in an automobile accident – are more likely to be driving vehicles that are less safe, putting them at even higher risk of...

CDI: 3 Charged with Auto Insurance Fraud, Forgery in California

Aug 25 2020 // Three Californians have been charged with multiple felony counts of insurance fraud and forgery for allegedly filing fraudulent insurance claims on a former employee’s policy and intercepting insurance checks to...

NICB: Ongoing Towing Scams Proving Costly for Chicagoans, Insurers

Aug 25 2020 // Though perhaps not the absolute worst region in the U.S. for insurance scams involving towing abuses, towing scams in Chicago continue to cause problems for residents and insurers alike, according to the National Insurance...

11 Charged in Louisiana Staged Truck Crash Insurance Fraud Scheme

Aug 25 2020 // Eleven people have been in indicted in what law enforcement officials say is an expanding probe into tractor-trailer accidents staged in New Orleans, Louisiana, to defraud trucking and insurance companies.The 11 accused...

Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes

Aug 24 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...

Pandemic Boosted Personal Auto Insurers’ Profits in the Short-Term

Aug 24 2020 // As bad as the coronavirus pandemic has been for many insurance lines, personal automobile profits have soared thanks to reduced driving, as quarantines and shelter-at-home restrictions took hold across the United States...

One80 Launches Transportation Threat Protect Program for Commercial Auto Operations

Aug 21 2020 // One80 Intermediaries (One80), a national wholesale insurance broker and program manager headquartered in Boston, has launched the Transportation Threat Protect (TTP) program.TTP was designed to protect commercial drivers...

Overall U.S. Traffic Is Down 16% for Year

Aug 21 2020 // Travel on all U.S. roads and streets for 2020 is down by 264.2 billion vehicle miles, or 16.6%, according to the Department of Transportation.For June traffic was down 36.5 billion vehicle miles, or 13.0%, compared with...

Commissioner Notes New Auto Insurance Rate Reductions in Louisiana

Aug 18 2020 // Louisiana’s insurance commissioner has approved new rate decreases for private passenger auto policies for two major auto insurers in the state.Insurance Commissioner Jim Donelon has approved Progressive Insurance...

Auto Insurance Shopping Rebounds After Dropping During Spring

Aug 18 2020 // Auto insurance shopping and new business growth rebounded in May and June after a drop in late March and early April due to COVID-19 shutdowns, civil unrest and other events. However, there was little impact on the annual...

Root Insurance Hopes Others Join Its Vow to End Use of Credit Scoring

Aug 18 2020 // Root Insurance pledged to eliminate the use of credit scoring from its car insurance pricing model by 2025, a move the insurtech said will help remove bias and discrimination from the process.“Eliminating credit...

Pandemic Boosted Personal Auto Insurers’ Profits in the Short-Term

Aug 17 2020 // As bad as the coronavirus pandemic has been for many insurance lines, personal automobile profits have soared thanks to reduced driving, as quarantines and shelter-at-home restrictions took hold across the United States...

Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes

Aug 14 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...

Swiss Re Builds Risk Scoring System, Aiming to Reward Safe Cars with Lower Premiums

Aug 14 2020 // A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist systems that help prevent a...

Tesla Says Hedge Fund Is Behind Ex-Employee’s Lawsuit

Aug 13 2020 // Tesla Inc. says hedge fund Cable Car Capital LLC, which is shorting the company’s stock, is funding a former employee’s allegations that the company smeared him by accusing him of sabotage and stealing...

Viewpoint: Michigan Auto Insurance Reform Is Here. Agents, Are You Ready?

Aug 12 2020 // Finally, there is good reason to believe Michigan will drop the infamous distinction of being the one of the most expensive states in the country in which to insure a vehicle. As of July 2, the state’s drivers now...

Federal Auto Safety Agencies Face Scrutiny by Inspector General

Aug 12 2020 // The Transportation Department’s Office of Inspector General said on Tuesday it would audit oversight of U.S. vehicle safety standards, noting that more than 36,000 Americans were killed in traffic accidents in...

UK Auto Insurer Admiral Reinstates Special Dividend as Claims Drop During Lockdown

Aug 12 2020 // Insurer Admiral reinstated its special dividend on Wednesday as it reported a jump in first-half earnings, the latest car insurer to benefit from a slump in claims as coronavirus lockdowns kept Britons off the road in...

Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms

Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...