- Follow AUTO DEALER BUZZ on WordPress.com
- Dealership Arranged Leases: Is the Lessor Liable for the Lessee’s Negligent Operation of the Vehicle?
- Dealership Arranged Financing: The Indirect Auto Lending Process
- Loss of Use: Is the At-Fault Driver’s Insurer Required to Provide a “Comparable” Rental Vehicle?
- Auto Dealer Risk Management: Negotiating Dealer-Lender Agreement Terms
- CFPB to Allow Consumers to Voice Complaints Publicly
DisclaimerThis blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not reflect those of the author’s law firm or the author’s past and present clients. By reading it, no attorney-client relationship is formed. The law is constantly changing and is different in each jurisdiction. If you want legal advice, please consult an attorney. The opinions expressed here belong only to the individual contributor(s). Gregory J. Johnson © All rights reserved 2010.
Top Posts & Pages
- Leasing, Rentals and Vicarious Liability: An Overview of the Graves Amendment
- Yikes!! Self-Insured Enterprise Rent-A-Car Required to pay $600,000 on behalf of Renter even though Insurer’s Maximum Liability would have been $50,000.
- CGL Coverage: Latent Defects and Continuous, Progressive or Recurring Damages (Allocation of Liability)
- Auto Dealer-Arranged Financing and the Truth in Lending Act: Understanding the Basics
- The Graves Amendment: Does it Shield Membership-Based Car Sharing Services from Vicarious Liability?
- The Auto Dealer Liability Policy: Analyzing Coverage for Statutory Acts, Errors or Omissions Claims (TILA, CLA, FCRA, ECOA, FTC, GLB, CFA & UDTPA)
- Auto Dealer Arranged Financing: 51 Laws Dealers Must Know
- BMO Harris Bank’s Auto Business Exiting 12 StatesThe Chicago-based bank notified dealers in approximately 12 states that it’s refocusing its indirect auto business to its core market states, including Illinois, Wisconsin, Indiana, Minnesota, Kansas, Missouri, Arizona and Florida.
- Cox Completes Acquisition of DealertrackDealertrack unloaded its inventory management solution today, clearing the way for Cox Automotive to complete its acquisition of the software maker. The announcement comes a day after the Justice Department challenged the merger between the two software giants.
- Westlake Expanding Dallas Servicing TeamThis week, Westlake Financial Service began its recruitment process as part of its plans to expand the servicing team in its Dallas production center, which opened its doors this past January.
- CFPB Takes Action Against Westlake and Its Title-Lending SubsidiaryThe bureau ordered the subprime auto finance source and its subsidiary to pay a $4.25 million civil penalty for illegal debt-collection tactics and $44.1 million in consumer redress.
- CFPB Accused of Using ‘Junk Science’ to Regulate Auto LendingCFPB Director Richard Cordray was met with hostility on Tuesday during the bureau’s semi-annual report to Congress. The hearing took place a day before a House committee passed two CFPB reform bills.
- Volkswagen Plans to Fix Emissions-Rigged VehiclesVolkswagen AG plans to refit all 11 million vehicles involved in the emissions-rigging scandal. It also announced significant changes to its top leadership, while dealers await answers.
- Cox Must Divest Dealertrack's Inventory Management Solution, DOJ SaysThe Department of Justice filed a civil antitrust lawsuit this week to block Cox Automotive’s acquisition of Dealertrack. The regulator said Cox must divest Dealertrack’s inventory management solution business in order to move forward with the transaction.
- Dealers Who Leverage Data Sell More, AutoAlert FindsConsumers are keeping their cars longer and consequently buying fewer vehicles over their lifetime. But results of a new survey from AutoAlert shows that dealers can sell more cars when they use customer data to reach out to potential buyers.
- CNA National Reaches Three Million Contracts in ForceAs of last month, CNA National now has more than three million contracts in force across its product lines, including vehicle service contracts, GAP, tire-and-wheel protection and warranties.
- Fifth Third Bank to Cap Dealer MarkupsThe CFPB and DOJ announced two actions against Fifth Third Bank on Monday, one of which requires the finance source to pay $18 million in restitution to minority auto loan borrowers, as well as limit its dealer partners’ ability to markup interest rates on auto loans.
- BMO Harris Bank’s Auto Business Exiting 12 States
- Miami Ranked Lowest for U.S. Rental RatesMiami has the least expensive rental car rates in the U.S., according to a Cheap Car Rental survey that looked at 50 U.S. cities over the past 12 months.
- Enterprise Offers $9.99 Weekend SpecialAt participating Enterprise neighborhood locations (non-airport), customers can rent vehicles at $9.99 per day when renting Friday through Monday this fall.
- Europcar Australia Sees Booking Increase for SummerEuropcar’s rental bookings for the summer have increased as more Australians plan to stay at home for the holiday this year.
- Carvenient’s Carsharing Service Launches in ReadingCarvenient Club’s has launched its smart fortwo carsharing fleet in the city of Reading, England.
- AgentCars Partners with Sales Agent to Expand in Latin AmericaRentingCarz, the holding company for AgentCars’ online rental car platform, has teamed up with Discover the World’s sales teams to reach 13 Latin American countries.
- Hertz UAE Adds Fuel-Efficient ModelsThe car rental company has added more than 1,600 new vehicles that offer low carbon dioxide emissions and high fuel economy.
- Servodidio Now Leading Avis Budget's International MarketMark J. Servodidio has started his new role as president, International, for Avis Budget Group, as part of a senior management succession plan.
- September Airport Rates Down in All RegionsThe September 2015 average rate quote decreased $5.92 from last year, according to The Tennant Group and Rate-Highway’s 50-City rate survey. All five U.S. regions saw a drop in rates.
- Spin City Launches Carsharing in CroatiaSpin City Carsharing will launch its carsharing service in Croatia’s capital city this fall. The company will operate 30 vehicles around the city of Zagreb.
- Paris Tops Car Rental Pickup Cities for U.S. TravelersAfter looking at the most popular rental pickup cities around the world from June through August 2015, Auto Europe’s study found that European capital cities (including Paris) stood out as the favorites for U.S. travelers.
- Miami Ranked Lowest for U.S. Rental Rates
- Delaware Bans Use of Price Optimization in Insurance PricingDelaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said in its Bulletin No. 78 on Oct. 1 that “while price optimization has no universally accepted deﬁnition, it generally refers …
- N.Y. Broker Pleads Guilty to Stealing Nearly $830K in Premiums, Other FundsA Jericho, New York, insurance broker pleaded guilty to stealing nearly $830,000 in insurance premiums and other funds, said Acting Nassau County District Attorney Madeline Singas’ office. Singas’ office said Tuesday that Joseph Koch, 57, pleaded guilty before Acting Supreme …
- AssuredPartners Acquires Moscker Insurance Agency in MarylandAssuredPartners Inc. announced that its subsidiary, AssuredPartners of New Jersey, has acquired Moscker Insurance Agency Inc. in Severna Park, Maryland. Terms of the transaction were not disclosed. Moscker Insurance Agency specializes in coverage for individuals, businesses, and life and health …
- New York AG Schneiderman, EBSA Agree to Joint Insurer OversightNew York’s Attorney General Eric Schneiderman and the federal Employee Benefits Security Administration have agreed to share information and address violations of laws covering health insurance offered as worker benefits. They say the five-year memorandum enables them to conduct joint …
- Southeast Storm Update: Significant Auto Losses ExpectedClaims are already starting to trickle in from the major storm that hit South Carolina over the weekend and that is now causing additional flooding problems in North Carolina. According to State Farm Spokesman Justin Tomczak, the insurer had …
- Robinson Joins Horace Mann as Sr. VP, ClaimsHorace Mann Educators Corp., based in Springfield, Ill., added Allan Robinson as senior vice president, Claims. In this role, Robinson will lead the property/casualty claims operations. Robinson comes to Horace Mann from The Hanover Insurance Group, where he recently served …
- Report Shows 120 Louisiana Workplace Fatalities in 2014A new federal report says 120 Louisiana workers died on the job last year — six more than in 2013. New Orleans City Business reports that the Bureau of Labor Statistics found the largest number of such deaths — 37 …
- Ohio Insurance Institute: Deer-Vehicle Crashes Down, Costs RisingThe Ohio Insurance Institute (OII) reports that deer-vehicle crashes in the state decreased in 2014 by 2.5 percent over 2013. Nationally, however, claim costs from such collisions are up by more than 6 percent this year. According to the Ohio …
- CRC Insurance Services to Acquire Connecticut UnderwritersCRC Insurance Services Inc., a wholesale insurance unit of BB&T Corporation’s principal subsidiary Branch Banking and Trust Company, announced an agreement to acquire Connecticut Underwriters Inc. in Middletown, Connecticut. Terms were not disclosed. Founded in 1964, Connecticut Underwriters is an …
- Halliburton Offers Settlements over Chemical in Oklahoma WellsHalliburton is offering settlements to dozens of property owners after a chemical compound called ammonium perchlorate showed up in residents’ private wells. The company has offered settlements to 130 plaintiffs involving more than 80 properties in Duncan. As of Oct. …
- Delaware Bans Use of Price Optimization in Insurance Pricing
Tag Archives: Rental vehicles
Oops!! Self-Insured Owner of Rental Vehicle that had no Obligation to Afford Omnibus Coverage to Permissive Users not entitled to recover $260,000 Settlement Payment.
In an unusual twist, a rental car company insisted it was obligated to pay damages to a third party who was injured by the permissive operator of its rental vehicle and the renter maintained it was not. In Enterprise Rent-A-Car … Continue reading