Hertz Becomes Preferred Car Rental Partner for Kia Motors America
The Hertz Corporation has been named a preferred car rental partner for Kia Motors America’s more than 640 dealerships in 50 states. Hertz will provide car rental services, including free pickup and return service and an expanded benefit program for Kia’s fixed-operations business. “A major part of Hertz’s long-term growth strategy is Hertz’s commitment to
Missouri Anti-Steering Bill Stalls But Will Be Revived in ’09
While the Missouri Senate Small Business, Insurance and Industrial Relations Committee passed Senate Bill 775 sponsored by Sen. Wes Shoemyer, the anti-steering bill isn’t likely to move any further since the legislative session ends on May 16. The bill requires insurance carriers to inform auto insurance policyholders on first contact that they can choose any
Class Action Suit Filed Against State Farm for Violation of “Make Whole Rule”
A class action lawsuit was filed today in United States Federal Court, Central District, alleging that State Farm is enriching itself with payments rightfully belonging to its insureds in violation of California law, particularly the "Make Whole Rule." When State Farm policyholder Stuart Chandler of Fresno, Calif., was rear-ended, his personal automobile insurance policy entitled
Iowa Bill to Create Consumer Advocate Bureau in State
A bill that will create a consumer advocate bureau in Iowa was recently signed into law by Gov. Chet Culver. The bill, House File 2555, deals with a number of issues relating to the Iowa Insurance Department. Under the text of the bill, the consumer advocate bureau will be "responsible for ensuring fair treatment of
Progressive’s April Profit Declined 20 Percent
Progressive recently reported a 20 percent drop in its April profit. The Mayfield Village, Ohio-based company’s net income declined to $108.9 million for the month from $136.7 million last year. Earnings per share dropped 13 percent to $0.16 from $0.19 a year ago. Total revenues for the month were $1.378 billion. Net premiums written declined
Allstate Suspension Resumed in Florida
Allstate has once again been suspended from writing new insurance policies in Florida. Florida Insurance Commissioner Kevin McCarty announced the immediate resumption of the ban late yesterday. The suspension is for all lines of business and will stay in effect until Allstate produces all the necessary documents requested by the Office of Insurance. "I’m pleased
Iowa Bill to Create Consumer Advocate Bureau in State
A bill that will create a consumer advocate bureau in Iowa was recently signed into law by Gov. Chet Culver. The bill, House File 2555, deals with a number of issues relating to the Iowa Insurance Department. Under the text of the bill, the consumer advocate bureau will be "responsible for ensuring fair treatment of
Connecticut Right to Choose Shop Bill Approved by Senate
A Connecticut bill that would require disclosure to consumers that they have the right to choose the repair facility to complete repairs to their motor vehicles was approved by the state’s Senate last week. House Bill 5152 will now go to Connecticut Gov. M. Jodi Rell for final approval. If passed, the bill would require
I-CAR Holds First Collision Repair Facility Industry Segment Advisory Council Meeting
I-CAR took another step toward better serving the collision repair industry by holding the first meeting of the Collision Repair Facility Industry Segment Advisory Council on May 7. The stated goal was to "gather feedback from the industry to provide products and services that are effective, relevant, contemporary and meet the training needs across all inter-industry segments."
Midwest Collision Industry Forum to be Held June 18
AASP of Missouri, ASA MOKAN and SCRS MOKAN have announced that the 3rd Missouri Collision Industry Forum will be hosted as the "Midwest Collision Industry Forum" on June 18, 2008. The Coalition of Associations felt that the name was appropriate since so many people from out of state chose to attend the two previous forums. “It’s a tremendous