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Auto Car Insurance News

Auto Club CEO Thomas McKernan Retires, Becomes Chair of the Board - MarketWatch (press release)


Auto Club CEO Thomas McKernan Retires, Becomes Chair of the Board
MarketWatch (press release)
Like the Auto Club, the insurance operation has grown significantly during McKernan's tenure, tripling the number of cars insured and increasing the number of homeowners who are insured by almost 800000. Financial strength improved ten-fold and prices ...

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Ally to Sell Non-U.S. Units as ResCap Goes Bankrupt - Bloomberg


Bloomberg

Ally to Sell Non-U.S. Units as ResCap Goes Bankrupt
Bloomberg
Ally Financial Inc. (ALLY), the auto lender whose mortgage unit went bankrupt, may sell international car- finance and insurance operations to help repay a $17.2 billion US bailout, Chief Executive Officer Michael Carpenter said.
Auto bailout: ex-GMAC puts mortgage unit in bankruptcyUSA TODAY
Ally's ResCap Files Bankruptcy, Plans SaleBusinessWeek
Ally unit ResCap files for bankruptcyThe Detroit News
Financial Times
all 316 news articles »

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Auto Windscreens nets new broker and gains ISO - PR Urgent (press release)


Auto Windscreens nets new broker and gains ISO
PR Urgent (press release)
Autonet Insurance compares products including public liability, car, van, truck, bike and motor trade insurance from a wide range of leading providers. Auto Windscreens will handle around 200 claims a month for the company.

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Spark in Sales of Cars and Trucks Drives U.S. Economy - Bloomberg


Bloomberg

Spark in Sales of Cars and Trucks Drives U.S. Economy
Bloomberg
Car sales that are running at the fastest pace in four years are poised to reverberate through the world's largest economy as a spillover into production, profits and jobs for Americans may be starting. Auto purchases have exceeded a 14 million annual ...

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When rescuers damage your vehicle, will insurance pay? - Toronto Star


Toronto Star

When rescuers damage your vehicle, will insurance pay?
Toronto Star
Eric Lai answers readers' auto questions every week for Wheels Q: I have an insurance question regarding “damage done with permission” as it were. For example, one driver uses their car to push another motorist's disabled car to the next gas station, ...

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Auto Insurance Companies With The Most-Satisfied Customers - Forbes


Forbes

Auto Insurance Companies With The Most-Satisfied Customers
Forbes
While many motorists shopping for car insurance tend to focus on their monthly premiums, price is only part of the equation. Insurance remains a service business, and the manner in which a company interacts with and treats its customers – whether in ...

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Ind. Man Seeks, Finds Late Brother's Special Car - WLWT Cincinnati


Ind. Man Seeks, Finds Late Brother's Special Car
WLWT Cincinnati
And about a year ago, the southern Indiana man splurged and bought his dream car, a yellow BMW M3. Dexter drove the car for only a few months before it was totaled. The insurance company reclaimed the car, but Dexter, 21, vowed to buy it back.

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Car Insurers Lose Traction Despite Deluge of Advertising - Forbes


Car Insurers Lose Traction Despite Deluge of Advertising
Forbes
For all the other car-insurance brands, the good news is that they generally are doing a better job of holding on to customers at a time when all their competitors are trying to claw them from their bosom. Meanwhile, noticeably, auto-insurance brands ...

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Is money stolen out of my car covered? - Fox Business


Is money stolen out of my car covered?
Fox Business
By Penny Gusner Question: If I had money locked in my glove box and someone broke into my car and stole $5000 from out of it, would the cash be covered by my auto insurance? Answer: No, car insurance does not cover money stolen from your vehicle.

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