Latest Classic Car Headlines

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

How Social Media Enhances Value of Luxury Cars

Jul 20 2015 // David Beckham may have more of an influence on you than you think.According to analysis by Black Book, the prevalence of modern and classic luxury cars on social media platforms like Instagram directly influences their...

Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance

Jun 26 2015 // Bermuda-based specialist insurer Hiscox announced it has reached an agreement with Willis to acquire its specialist UK classic car business, RH Specialist Insurance.This acquisition complements Hiscox’s existing...

Hagerty to Join RenRe Board as MacGinnitie Steps Down

Feb 24 2015 // Bermuda-based RenaissanceRe Holdings Ltd. announced that W. James (“Jim”) MacGinnitie, 76, who has served as a member of the Board since 2000, will retire as a Director, and that William F. (“Bill”)...

Michigan-Based Insurer, Hagerty, Hires Hutchinson as President

Jan 7 2015 // Classic vehicle insurer, Traverse City, Mich.-based Hagerty, hired Richard Hutchinson as the company’s president, effective Jan. 5, 2015. Hutchinson joins Hagerty from the Progressive Corp., where he has held many...

Premium for Most Expensive Car Close to Income for Typical American Family

Aug 21 2014 // A Ferrari 250 GTO Berlinetta last week became easily the most expensive car sold at auction by when a bidder at a California auction agreed to buy it for $38.1 million, according to Hagerty Group LLC, a Traverse City,...

Houston-Based Agency MaximGroup Adds Hagerty, Matel, McIver

Mar 19 2014 // MaximGroup, headquartered in Houston, has added three new employees to its team of insurance, risk management and financial experts: Debbie Hagerty, Roxanne Matela and Greg McIver. Hagerty has a long history with...

NSM Insurance Group Acquires American Collectors Insurance

Jan 6 2014 // NSM Insurance Group, a national insurance program administrator based in Conshohocken, Penn., announced its acquisition of American Collectors Insurance in Cherry Hill, N.J. NSM Insurance Group said the acquisition of...

Fireman’s Fund Enhances Art Collection Product with ‘Death of An Artist’ Coverage

Dec 11 2013 // Fireman’s Fund Insurance Co. has introduced new death of an artist loss settlement provisions, as well as seven other coverages to additional states as part of their Prestige Collections Coverage.Fireman’s Fund...

AXA Assistance Extends Classic Car Service Deal with Broker Footman James

Jan 28 2013 // AXA Assistance UK, a leading motor and property assistance provider (part of the global AXA Group) announced that it has extended its long-term partnership with specialist classic vehicle insurance broker Footman James to...

OneBeacon Cuts Ties with Hagerty Agencies, Selling Essentia to Markel

Nov 19 2012 // OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Markel Corp., according to company announcements. The deal is subject to regulatory approvals and is expected to be completed in January...

Business Moves – East

Nov 5 2012 // OneBeacon, Markel Corp.Bermuda-domiciled OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Glen Allen, Va.-headquartered Markel Corp. Essentia focuses on the collector car and boat business that...

Business Moves – Southeast

Nov 5 2012 // Cooper Gay Swett & CrawfordCooper Gay Swett & Crawford (CGSC) has agreed terms with Lightyear Capital LLC and institutional co-investors for a substantial investment into the CGSC Group. The investor will own 55...

OneBeacon Cuts Ties with Hagerty Agencies, Selling Essentia to Markel

Oct 17 2012 // OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Markel Corp., according to company announcements this morning.Essentia focuses on the collector car and boat business that the company writes...

EPIC Expands into Vintage Auto, Racing Industry

Sep 25 2012 // EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has formed a new division, EPIC Motorsports. Operated by EPIC’s own collectors and racers, this...

Collector Cars Deserve Specialty Coverage

Aug 6 2012 // If you know any car collectors, then you know they give their cars special attention. They store their cars under protective coverings, keep them in garages and drive them on special occasions. So if a storm, intruder or...

Hagerty Classic Car Insurance Now Available to Canadian Brokers

Jun 4 2012 // Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, Hagerty Canada, LLC, will make similar coverage available to all brokers in Canada. The...

5 Things to Know About Classic Car Insurance

Mar 5 2012 // With warmer weather around the corner, classic car owners are beginning to take their beloved vehicles out of storage for the driving season. Agents may find this an opportune time to contact their clients to review their...

Chubb Adds Gooding Auction Data to Classic Car App

Nov 3 2011 // The Chubb Group of Insurance Companies has added Gooding & Co. automobile auction data to its Classic Car Guide mobile app. “As part of a sponsorship renewal with Gooding, users of Chubb’s app will be able...

American Collectors Enhances Collector Vehicle Coverage

Apr 29 2011 // American Collectors Insurance has broadened the availability of specialty collector vehicle insurance to vehicles of any year, make, and model, and also introduced several enhancements for collector vehicle insurance.The...

Hagerty Marine Announces Broker Program in Canada

Apr 18 2011 // Hagerty Classic Marine has created a broker referral program for its Canadian product. This move will allow brokers in Canada to refer collector boat insurance clients and receive commission for new and renewal business....