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You've Been in an Accident. Your Car's Been Totaled. Now What? (The Auto Channel)
If you get into a car crash, chances are better than ever that your vehicle will be declared a total loss - in other words, your insurance company will tell you that your car would cost more to fix than it's worth.

GEICO's Mechanical Breakdown Insurance makes history with sale of one millionth policy in Arizona (Business Wire via Yahoo! Finance)
WASHINGTON----Aug. 2, 2006--GEICO sold its one millionth mechanical breakdown insurance policy recently and used the occasion to remind auto owners of the benefits of this unique coverage.

Insurance Auto Auctions Acquires Salvage Management of Syracuse (The Auto Channel)
WESTCHESTER, Ill.--Aug. 1, 2006--Insurance Auto Auctions, Inc., a leader in automotive total loss and specialty salvage services in the United States, today announced the purchase of Salvage Management of Syracuse (SMS) in Cicero, NY. The 20-acre facility includes a large warehouse for indoor inspections and the Run & Drive(R) auction, plus ample private office space for the needs of insurance

Mount Dora car crash cuts power to 2,220 (Orlando Sentinel)
Hundreds of city residents felt the summer heat Tuesday after a car struck a power pole on Highland Street, knocking out electricity to more than 2,200 utility customers, police said.

When Buying a Used Car, Beware Flooded Vehicles (About.com)
If you're in the market for a used car, beware flood-damaged cars that have been declared a total loss by insurance companies, sold at auction and cleaned up by salvage...

Insurance firm takes new sales approach (Tennessean)
Direct General Corp., a Nashville car insurance company that started 15 years ago with a strategy of cutting out the middleman, said Tuesday it will start using independent agents in some rural areas where it doesn't have offices to boost sales.

Life insurance now offers varied types, range of uses (New Orleans Times-Picayune)
Typically, when we think of insurance, we think of car insurance or homeowner's insurance a policy that we pay into, but hope we never need. There's another type of insurance that can help you build assets and protect what you already have.

14 indicted in auto insurance fraud scam (AP via Yahoo! News)
A doctor and 13 other people were indicted Monday in a multimillion dollar auto insurance scam involving staged crashes in New York City, authorities said.