All the headlines from our Commercial Auto Topic Page, ordered by recency.
May 18 2021 // People affected by crashes causing bodily injury or death involving commercial motor vehicles would find it harder to win damages from companies under a bill that was approved by the Texas House and is making its way...
May 13 2021 // The commercial auto insurance segment posted its best underwriting result in a decade in 2020, thanks to continued big rate increases and a big drop in driving due to the coronavirus pandemic.According to a Fitch Ratings...
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...
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...
Mar 1 2021 // Four men attacked a luxury car delivery driver in suburban Chicago and took off with three high-end vehicles, authorities said.The attack, which was captured on video, took place early in the morning on Feb. 25 at Jidd...
Feb 1 2021 // The U.S. Centers for Disease Control and Prevention (CDC) issued a sweeping order late Friday requiring the use of face masks on nearly all forms of public transportation Monday as the country continues to report thousands...
Jan 13 2021 // A delivery driver was killed Sunday night when a load of construction materials fell on him at a Home Depot store in Florida, police said.News outlets report that a load of drywall struck 47-year-old Cyrenus Leroy Amon...
Nov 16 2020 // The Texas Department of Insurance (TDI) has approved the request by the Texas Automobile Insurance Plan Association (TAIPA) for a 4.8% increase in commercial auto rates, with an effective date of March 1, 2021.TAIPA...
Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
Oct 8 2020 // Waymo on Thursday will relaunch and expand its fully automated, robo-taxi ride hailing service in Phoenix, rebooting its effort to transform years of autonomous vehicle research into a revenue-producing business.Waymo, the...
Oct 7 2020 // Saudi diplomats, Sikh separatists and Indian business executives have been among those targeted by a group of hired hackers, according to research published on Wednesday by software firm BlackBerry Corp.The report on the...
Oct 6 2020 // State regulators repeatedly failed to properly oversee a poorly maintained stretch limousine with corroded brakes that hurtled down a hill at more than 100 mph and crashed in a ravine, killing 20 people, federal...
Sep 23 2020 // The Texas Automobile Insurance Plan Association (TAIPA) has filed a request with the Texas Department of Insurance to charge new insurance rates for commercial automobiles. The filed rates represent a 4.8% increase in...
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...
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...
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...
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...
Aug 10 2020 // “Black Lives Matter to me and they matter to us as an organization,” Progressive Corp. CEO Tricia Griffith wrote in a letter to shareholders.In the letter that was mostly commentary on second quarter results,...
Jul 13 2020 // Schaumburg, Ill.-based Atlas Financial Holdings Inc. has extended its agreement with National Interstate Insurance Co. (National Interstate) under which Atlas subsidiaries will continue to act as underwriting manager for...
Jul 6 2020 // The U.S. commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting...