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Inszone Acquires Commercial Insurance of Texas

Insurance Journal

Inszone Insurance Services announced the acquisition Commercial Insurance of Texas Agency Services, a specialized agency based in Texas. This strategic acquisition strengthens Inszone’s presence in Texas and significantly expands its expertise in the automotive, heavy truck aftermarket and equipment dealers’ …

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Sedgwick: Product Recalls Dropped in Q2 in 5 Key Industries

Insurance Journal

decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, according to a new report from Sedgwick. Product recalls in the U.S. Sedgwick’s U.S. Recall Index found the 788 recalls across those …

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Florida Coach and Co-Defendants Ask Court to Drop Jaden Rashada NIL Lawsuit

Insurance Journal

Napier, Florida booster/automotive technology businessman Hugh Hathcock … (AP) — Florida coach Billy Napier and two co-defendants on Tuesday filed motions to dismiss quarterback Jaden Rashada’s lawsuit regarding a failed name, image and likeness deal worth nearly $14 million.

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Florida Businessman Pleads Guilty to Rolling Back Odometers by Thousands of Miles

Insurance Journal

Drew Mitchell Schreiber, owner of Central Florida Automotive Group, in Winter Garden, admitted that he … A Florida car dealer is awaiting sentencing after he pleaded guilty to rolling back the odometers on at least three vehicles by thousands of miles.

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Detroit Area CBP Director Charged in FEMA Fraud Scheme

Insurance Journal

A federal criminal complaint was unsealed today charging the Director of United States Customs and Border Protection’s (CBP) Center for Excellence and Expertise over Automotive and Aerospace Engineering with engaging in a scheme to defraud the Federal Emergency Management Agency …

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Tariffs Will Lead to 2M Fewer Auto Sales in US This Year, Firm Forecasts

Insurance Journal

million vehicles this year and be stagnant over the next decade if the global trade war escalates, a Detroit-area automotive advisory firm forecasts. By Kalea Hall and Nora Eckert U.S. and Canada auto sales could decline by 1.8 If the …

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Major Automakers Want Congress to Bar California 2035 Electric Vehicle Plan

Insurance Journal

Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.