Friday, August 11, 2006

Insurance Auto Auctions Announces Second Quarter Results (Business Wire via Yahoo! Finance)


Insurance Auto Auctions Announces Second Quarter Results (Business Wire via Yahoo! Finance)
WESTCHESTER, Ill.----Aug. 9, 2006--Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, today announced results for the second quarter of 2006.

Insurance Auto Auctions Announces Second Quarter Results (The Auto Channel)
WESTCHESTER, Ill.--Aug. 9, 2006--Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, today announced results for the second quarter of 2006. The Company recorded revenues for the quarter of $78.3 million compared to $71.9 million in the second quarter of 2005, an increase of 9 percent year-over-year.

Five Great Reasons to Shop Around For Auto Insurance (Hornell Evening Tribune)
(ARA) - Shopping around is the number one way of saving money on insurance. Are you sure you're getting the best deal possible with your current insurance company?

United Way of Greater Los Angeles Names Enterprise Rent-A-Car Winner of Its Leadership and Spirit of Los Angeles Awards (The Auto Channel)
LOS ANGELES, Aug. 10 -- United Way of Greater Los Angeles today announced that it has honored Enterprise Rent-A-Car with its Leadership Award for the 2005/2006 giving campaign, based on the company having the largest amount of donors in Los Angeles County giving $1,000 or more in support of United Way and its programs.

Get More Mileage Out Of Your Auto Insurance (Kewanee Star Courier)
(ARA) - Over the past year, gas prices have done nothing but spiral upwards. Consumer frustration has risen accordingly, due to financial constraints as well as consumers' inability to purchase a new car or travel as much as they might have intended.

Safety Insurance Ups Quarterly Dividend (AP via Yahoo! Finance)
Auto insurance provider Safety Insurance Group Inc. said Thursday it raised its quarterly dividend by 7 cents to 25 cents, an increase of 39 percent over the previous quarterly dividend of 18 cents.

Drivers warned to expect car insurance costs to rise (Leeds Today)
CAR insurance in Yorkshire is expected to rise further in the next quarter, say insurance search engine www.confused.com. (10/08/2006 10:46:39)

Bid to Bar Shift in Rates for Auto Insurance Fails (Los Angeles Times)
SACRAMENTO A state judge handed major insurance companies a setback late Wednesday, saying he was prepared to reject their drive to block new regulations on automobile insurance.

Local Police Department May Collect Money For Car Accidents (NBC 13 Birmingham)
HOMEWOOD, Ala. -- A local police department is considering becoming the first in the state to collect money for car accidents in its city. Homewood may partner with a company that helps police departments collect money from insurance agencies.

Wrecked, Flooded Car Data Hard to Obtain (NPR)
The National Motor Vehicle Title Information System is a federal system intended to protect consumers from flooded and wrecked cars. But it's not working. So Sen. Trent Lott (R-MS) has introduced a bill that would require insurance companies to make public their total loss data. Jeff Brady reports.

Teens and Money (Kansas City InfoZine)
How many times have you talked to your teen or college student about saving money from his summer job? Making her own car insurance payments? Getting a credit card?

Family Holds Car Wash To Help Pay For Funeral (10 News San Diego)
A community is holding a car wash in hopes of raising enough money to properly bury a teenager killed last week.

Auto insurers take hit on judge's ruling (Inside Bay Area)
Some drivers could start seeing lower auto insurance rates by year's end now that a judge has denied a request sought by the insurance industry to block new rules requiring premiums be based more on

Auto insurance rules not blocked (Tracy Press)
SACRAMENTO A Sacramento judge issued a tentative ruling Wednesday refusing to block new regulations requiring auto insurers to base their rates mainly on motorists driving experience, records and miles driven rather than where they live.

Three Insurance Trade Associations Respond to Superior Court Ruling Today (The Auto Channel)
SACRAMENTO, Calif.--Aug. 10, 2006--A Superior Court judge today refused to grant a preliminary injunction against Department of Insurance auto insurance regulations that will now force insurers to develop rates that are unfair to their customers, according to three insurance trade associations.

Man in jail for not having car insurance beaten to death in Sherburne County (5 Eyewitness News)
A man that was put in jail for failing to have proof of his insurance has died after he was assaulted by another inmate with a handicap railing. Carl Edward Moyle, 28, was pronounced dead late Wednesday night at Unity Hospital after being severely beaten at the Sherburne County Jail.

USAA Cuts Auto Insurance Rates by 5 Percent in California; California is the Latest State to Receive Rate Cuts from USAA (The Auto Channel)
SAN ANTONIO--Aug. 9, 2006--USAA is cutting auto insurance rates by an average of 5 percent in California, saving policy holders more than $32 million in annual premiums. More than 318,000 USAA policy holders will save an average of 8 percent, or more than $100 on their annual premiums.

Refinancing Can Relieve Your Car Payment Burdens (Sleepy Eye Herald Dispatch)
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income.

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