Auto insurers expect 3d rate drop
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The state's automobile insurers say they are likely to ask for a rate decrease next year if the Patrick administration decides to continue regulating the prices they can charge.
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Auto parts maker Tower Automotive Inc.  TWR.N said on Tuesday its third-quarter loss would be twice  as deep as previously expected because of lower vehicle  production in North America and higher steel costs.
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European insurers face new costs and travel firms could lose business after tsunami waves killed more than 21,500 in Asia this weekend, but the financial impact is expected to be limited compared with other ...
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Some new cars lose more than three-quarters of their value within three years, Which? magazine says.
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American motorists should expect  gasoline prices to slide another 10 cents at the pumps in the  next couple of weeks, tracking a steep decline in the price of  crude oil, the AAA motorist group said on Tuesday.
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After increasing at double-digit rates for most of the last five years, corporate profits are about to decline for the second straight quarter, if analysts are correct.
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WASHINGTON -- The insurance industry is out with its latest auto safety findings, and for the first time since 2001, it has given out the lowest possible rating.
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HCC Insurance Holdings Inc. on Thursday said it expects its third-quarter losses related to Hurricane Charley after reinsurance recoveries will be less than $10 million, or 10 cents per share.
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Early loss data suggests the insurance bill from Hurricane Frances, which wreaked havoc across Florida at the weekend, may turn out to be lower than that of August's Charley, UK insurer Amlin said on Monday.
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Auto insurer posts strong earnings, but a down cycle may be about to begin.
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Kia Motors Corp.&#39;s &lt;000270.KS&gt; Spectra sedan got the lowest safety rating in a US insurance industry group&#39;s crash tests designed to simulate frontal collisions.
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Car buyers will face a new form of sticker shock when they browse dealer lots next year: Mileage estimates will be down, reflecting the way people actually drive.
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High gasoline prices and lofty insurance rates drove vehicle sales lower in Canada for another month, industry experts said. According to data provided by the auto makers and compiled by analyst
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Early loss data suggests the insurance  bill from Hurricane Frances, which wreaked havoc across Florida  at the weekend, may turn out to be lower than that of August's  Charley, UK insurer Amlin said on Monday.
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A surprise drop in regional factory   activity reported on Thursday suggested that the U.S. economy   may be losing momentum faster than most economists anticipated,   stunning financial markets on the view that the Federal Reserve   may soon have to cut interest rates to avoid a downturn.
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Tower Automotive Inc., a maker of car components, on Tuesday said it expects a greater third-quarter loss because of lower vehicle production and higher steel prices during the period.
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The obscure market for credit insurance will be put to the test as a looming economic downturn strains companiesâ finances.