Latest Classic Car Headlines

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

AIG Expands Coverage as Whisky Collecting Gains Among Wealthy

Dec 10 2018 // With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma, head of global collections at AIG’s private client...

People

Nov 5 2018 // Valerie Butt has been named head of Casualty for Zurich North America Commercial Insurance. Based in Chicago, Butt will lead the casualty business with responsibility for new and renewal business.Butt takes on the role...

Hagerty Promotes Champagne to COO

Oct 3 2018 // Traverse City, Michigan-based Hagerty has promoted Collette “Coco” Champagne, chief operating officer. Champagne previously served as the insurer’s chief people officer.Champagne joined Hagerty in 1999 as...

Famed Pebble Beach Classic Car Show Attracting New Models

Aug 16 2018 // Next week more than 20,000 car enthusiasts will trek to Pebble Beach, Calif., the Pacific peninsula 90 minutes south of Silicon Valley, for one of the most important classic car shows on earth, the Pebble Beach Concours...

NSM’s Vantage Acquires UK Personal Lines Broker Fresh Insurance in Redditch

May 21 2018 // U.S.-based NSM Insurance Group’s UK subsidiary, Vantage Holdings, has acquired Fresh Insurance Services Group Ltd,. an insurance broker based in Redditch, West Midlands that specializes in non-standard personal lines...

Great American, Grundy Insurance to Offer Classic Car Restoration, Repair Program

May 8 2018 // The Alternative Markets Division of Great American Insurance Group has launched a new national program in conjunction with Grundy Insurance focused on coverages for antique and classic car restoration and repair shops...

Insurer Hagerty’s 10 ‘Hot’ Future Collectible Cars from 2018 Models

Apr 12 2018 // While the future of new car ownership may be up for debate, 2018 has ushered in a new class of vehicles that promise to be sought-after collectibles. According to Hagerty, which specializes in insurance for collectible...

White Mountains Buys Majority Stake in Program Manager NSM

Apr 2 2018 // Bermuda-based insurance holding company White Mountains Insurance Group is acquiring a majority equity stake in NSM Insurance Group (NSM), the specialty insurance program administrator.The transaction values NSM at...

Fire Destroys Classic Cars, Business in Kansas

Feb 12 2018 // The owner of a Topeka-area auto body and restoration shop says it was “brutal” watching his business burn, knowing that six classic cars inside the building were destroyed.High Torque Racing Auto Body and Paint...

Top Insurance Journal Midwest Stories of 2017

Dec 29 2017 // A bad broker, classic cars that got destroyed in a fire and insurer rating downgrades were among the most widely read news stories in Insurance Journal’s Midwest region in 2017.One story that generated much interest...

Dreams Come True with Hagerty Insurance-Backed Classic Car Sharing Service

Aug 25 2017 // Many Americans dream of driving fabulous, unique, vintage cars. The vast majority of Americans never get to actually do it.Sure, we see them around—I live in Brooklyn and I don’t own a car, but as I walk around my...

Classic Cars Worth Millions Destroyed by Fire in Illinois

Aug 11 2017 // Dozens of antique vehicles were destroyed when a fire swept through a garage outside the southern Illinois community of Staunton.Staunton Fire Protection District Chief Rick Haase says about a third of the building that...

NJM Partners with American Modern to Offer Enhanced Collector Car Insurance

Mar 13 2017 // NJM Insurance Company has announced an expanded partnership with American Modern Insurance Group for coverage available in New Jersey and Pennsylvania.American Modern offers comprehensive collector car insurance policies....

Now’s the Time to Invest in ’80s-Era Classic Cars

Feb 24 2017 // Thirty years ago, a person of means could walk into an import car dealership, drop a sum that would double the average annual household income, and drive out with a grand touring coupe—a two-door, four-seater powered by...

Felony Charges for California Pair in $250K Classic Car Claim

Dec 5 2016 // Two people from California were arrested on a scheme allegedly involving the reported theft of an expensive classic car.Constantine Petros, 54, of Petaluma, was arrested on Oct. 19 in Sonoma County. Also arrested was...

Felony Charges for California Pair in $250K Classic Car Theft Claim

Nov 16 2016 // Two people from California were arrested on a scheme allegedly involving the reported theft of an expensive classic car.Constantine Petros, 54, of Petaluma, was arrested on Oct. 19 in Sonoma County. Also arrested was...

Pennsylvania Based NSM Insurance Group Makes First International Acquisition

Oct 26 2016 // NSM Insurance Group, a Conshohocken, Penn., based insurance program administrator, has acquired Vantage Holdings, a U.K.-based collector car and outdoor leisure program administrator. The acquisition is subject to FCA...

Car Insurer Hagerty Opens its First U.S. Regional Office in Colorado

Oct 13 2016 // Hagerty has opened its first U.S. regional office in Golden, Colo.McKeel Hagerty, CEO of Hagerty, said Golden was chosen because it has a diverse workforce, friendly business environment and proximity to a major airport....

NSM Insurance Acquires Florida-Based Heacock Classic

Mar 4 2016 // NSM Insurance Group, has acquired Heacock Classic, a division of Florida-based Heacock Insurance Group that provides collector car insurance. This marks NSM Insurance Group’s third acquisition in the collector car...

Thinking of Investing in a Classic Car? Think Again

Aug 17 2015 // A Ferrari 365 from 1972 was expected to fetch somewhere around $450,000 during the annual Pebble Beach Concours d’Elegance in Monterey, Calif. this weekend. When it was last bought in 2008, the car was worth...