auto insurance - Page 2 of 19 - Shore News Network

Five More Plead Guilty to Conspiring to Stage Automobile Accidents in Order to Defraud Insurance and Trucking Companies

NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced that LOIS RUSSELL (“RUSSELL”), age 61 of Gibson, Louisiana, TANYA GIVENS (“GIVENS”), age 43, of Gibson, Louisiana; HENRY RANDLE (“RANDLE”), age…

June 3, 2021

Toms River to Drop Insurance Carrier Tied to Democrat Political Boss George Norcross

TOMS RIVER, NJ – Toms River Mayor Dan Rodrick says that since taking office, he has been trying to undo contracts and agreements previous mayors and councils have made with questionable, politically…

September 24, 2025

Teen Driver’s Insurance Rates Spike Almost 200% in New Jersey

TRENTON, NJ – As the back-to-school season gets underway, parents of teen drivers are facing a steep financial hit, with annual auto insurance premiums jumping by an average of $3,252 nationwide when…

August 8, 2025

New Jersey Group Seething After Commissioners Require Liability Insurance for Anti-Government Protest

NEWTON, N.J. — Advocacy group NJ 50501 is pushing back against a new Sussex County policy requiring individuals or groups to secure extensive insurance coverage before using Newton Green for public expression.…

July 9, 2025

Husband of ‘The View’ co-host Sunny Hostin accused in federal insurance fraud case

NEW YORK — Dr. Emmanuel “Manny” Hostin, the longtime husband of The View co-host Sunny Hostin, is facing allegations of insurance fraud in what federal prosecutors are calling one of the largest…

January 8, 2025

Car Insurance Premiums See Double Digit Increases in New Jersey in 2024: Here’s How Much

It’s no secret that auto insurance rates have been climbing higher than Spider-Man scaling a skyscraper, and if you’re in New Jersey, the trend continues. According to recent data from the New…

November 30, 2024

Warren Township Man Charged with Insurance Fraud

WARREN TWP., NJ—Somerset County authorities have arrested 36-year-old Rajinder S. Randhawa of Raspberry Trail, Warren Township, on charges of insurance fraud. Somerset County Prosecutor John P. McDonald, Chief of County Detectives Francisco…

May 29, 2024

Car Insurance In New Jersey is About to Spike Over Crime, Inflation, and Rising Rates

TRENTON, NJ — Auto insurance rates in New Jersey are facing steep increases, driven by a combination of rising crime rates and economic challenges, according to industry experts. Insurers have been requesting…

May 13, 2024

‘It’s Scary Right Now’: Autoworkers Worried Biden’s Electric Vehicle Push Could Kill ‘Thousands Of Jobs’

‘It’s Scary Right Now’: Autoworkers Worried Biden’s Electric Vehicle Push Could Kill ‘Thousands Of Jobs’ Will Kessler on February 19, 2024 Michigan autoworkers are worried that President Joe Biden’s policies pushing for…

February 20, 2024

Kids in college? Here is how to save on car insurance

By Chris Taylor NEW YORK (Reuters) – If you are a proud parent whose child has grown up and gone off to college, congratulations! Now stop reading this and call your auto…

January 30, 2024

Hamilton Insurance shares rise 1.7% in NYSE debut

By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Hamilton Insurance Group notched a valuation of $1.68 billion as shares rose 1.7% in a tepid market debut on Friday, indicating limited investor appetite…

November 10, 2023

Auto strikes to reduce US payrolls count in October -government report

By Lucia Mutikani WASHINGTON (Reuters) – Strikes by members of the United Auto Workers (UAW) union including against Detroit’s Big Three car manufacturers could subtract at least 29,000 jobs from U.S. nonfarm…

October 27, 2023

Potential UAW strike presents a near-term headwind for auto insurers – JPM

By Reshma Rockie George (Reuters) – J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices…

September 7, 2023

Automakers’ contract negotiations will decide potential EV future for idled Illinois plant

By Bianca Flowers BELVIDERE, Illinois (Reuters) – A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit’s automakers as…

July 5, 2023

Insurance broker Acrisure prepares for 2024 IPO at over $20 billion valuation – source

(Reuters) – Insurance broker Acrisure has begun interviewing banks for an initial public offering next year which could fetch it a valuation of over $20 billion, a source familiar with the matter…

June 16, 2023

Explainer – Why are other automakers chasing Tesla’s ‘Gigacasting’?

(Reuters) – Toyota Motor said this week it will adopt a technology Tesla pioneered known as “Gigacasting” as part of a strategy by the Japanese automaker to improve the performance – and…

June 14, 2023

It Will Be Years Before EVs Are As Affordable As Gas-Powered Vehicles, Auto Exec Says

It Will Be Years Before EVs Are As Affordable As Gas-Powered Vehicles, Auto Exec Says John Hugh DeMastri on June 1, 2023 Ford CEO Jim Farley told investors on Wednesday that electric…

June 4, 2023

State Farm stops new home insurance sales in California as wildfire risks grow

By Noor Zainab Hussain (Reuters) – State Farm said it would stop selling new insurance policies to homeowners in California, exacerbating troubles for thousands in the wildfire-prone state, who are already feeling…

May 30, 2023

Falsified Claim Leads to Arrest and Charges for Jersey City Men on Insurance Fraud Charges

HUDSON COUNTY, NJ – On Monday, two Jersey City men, Shelton Sutton, 36, and Kevin London, 36, have been arrested and charged with insurance fraud following an investigation by the Hudson County…

April 6, 2023

Deutsche Bank shares plunge, default insurance at highest since 2018

By Amanda Cooper LONDON (Reuters) -Deutsche Bank shares tumbled on Friday after the cost of insuring the bank’s debt against the risk of default shot to more than four-year highs, highlighting concerns…

March 24, 2023

Owner Of Insurance Firm Pleads Guilty In $40 Million Scheme To Steal Client Healthcare Funds And Defraud Lenders

Damian Williams, the United States Attorney for the Southern District of New York, announced today that ANTHONY RICCARDI, an owner and manager of the Connecticut insurance firm Employee Benefit Solutions LLC (“EBS”),…

February 22, 2023

Illinois judge temporarily blocks state ban on semiautomatic gun sales

By Steve Gorman (Reuters) – An Illinois judge temporarily blocked on Friday a newly enacted state ban on many semi-automatic firearms, a measure lawmakers swiftly passed after a gunman killed seven people…

January 23, 2023

Former insurance agent pleads guilty to defrauding customers by creating life insurance policies in their names without victims’ knowledge

CINCINNATI – A former insurance agent pleaded guilty in U.S. District Court to defrauding dozens of victims in the Cincinnati and Dayton area. Specifically, Seneca Birchmore, 45, of Cincinnati, admitted to…

January 11, 2023

Gibson Man Sentenced for Conspiring to Stage Automobile Accidents

NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced that HENRY RANDLE (“RANDLE”), age 66, of Gibson, Louisiana, was sentenced on December 14, 2022 for Conspiracy to Commit Mail Fraud,…

December 15, 2022

China auto market faces slowdown as inventory builds – CMBI

SHANGHAI (Reuters) – Automakers in China delivered a record number of cars to dealers in the first nine months of the year even as retail demand slowed, setting up the market for…

October 19, 2022

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