- Follow AUTO DEALER BUZZ on WordPress.com
- Minnesota First-Party Coverages: Recovering Consequential Damages in Addition to the Policy Benefits when the Insurer Declines or Unreasonably Delays Payment.
- Auto Coverage: Minnesota No-Fault Act Does not Apply to Out-of-State Insurers?
- Guest Article Jim Ragodna: Compliance vs. Ethics: The Lines are Getting Blurry in the Car Business
- The Liability Insurer’s “Hidden” Duty to Defend– the Obligation to Pay for its Insured’s Affirmative Claims.
- Minnesota Supreme Court Rules in Nissan Dealer Relocation Case under MVSDA
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 2015.
Top Posts & Pages
- Auto Dealer-Arranged Financing and the Truth in Lending Act: Understanding the Basics
- Leasing, Rentals and Vicarious Liability: An Overview of the Graves Amendment
- Dealership Arranged Financing: The Indirect Auto Lending Process
- 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.
- The Graves Amendment: Is an Auto Dealer Vicariously Liable for a Customer’s Negligent Operation of a Loaner Vehicle?
- Minnesota Supreme Court Rules in Nissan Dealer Relocation Case under MVSDA
- The Graves Amendment: Does it Shield a Taxi-Cab Company from Vicarious Liability?
- Hey Dealer, Can I Get a Loaner?
- Liability Insurance: The Risks of Denying a Duty to Defend
- Auto Dealers & Regulatory Compliance: If the FTC Comes Knocking
- May 2016 (1)
- March 2016 (4)
- February 2016 (5)
- January 2016 (1)
- December 2015 (2)
- November 2015 (1)
- October 2015 (2)
- August 2015 (1)
- July 2015 (1)
- April 2015 (2)
- March 2015 (5)
- January 2015 (1)
- November 2014 (5)
- October 2014 (3)
- September 2014 (11)
- August 2014 (9)
- November 2010 (6)
- October 2010 (3)
- September 2010 (5)
- August 2010 (7)
- July 2010 (2)
- June 2010 (8)
- Nine Los Angeles Dealerships Charged With Payment Packing, Yo-Yo FinancingThe Federal Trade Commission today charged nine Los Angeles-area dealerships and their owners with a wide range of deceptive, and unfair sales and financing practices, including payment packing and using "yo-yo" finanicng tactics.
- Dealership Wages Outpacing Private Sector, NADA Study ShowsEmployees at new-car dealerships made, on average, $69,718 a year in 2015, a 1% increase compared to the year prior, according to NADA’s 2016 Dealership Workforce Study. General managers and F&I managers experienced double-digit percentage earnings growth rates, while sales managers and sales consultants increased 4.5% and 2.7%, respectively.
- 5,519 Dealers Now Using DealerVault to Control Their DataAside from its customer count, the provider of a cloud-based system designed to put dealers in control of their data announced it now has 450 vendor partners.
- Alpha Warranty Services Releases Claims TrackerAlpha Claims Tracker allows vehicle owners, dealers, and even agents to track claims in real time on a mobile device. The F&I product provider said the new offering is designed to improve the customer experience.
- Auto Finance to Get More Competitive, Equifax ReportsSlowing demand for new vehicles points to auto finance sources having to contend with increased compeittion for consumer loans. That was the conclusion of Equifax's Nation Consumer Credit Trends report for August, which showed that auto originations for the first six months of year grew 3.5% compared to a year ago.
- KAR Promotes Fields to VP of IT Shared ServicesGary Fields, who joined the KAR group in 2003, was promoted to vice president of KAR IT Shares Services. He will be responsible for overseeing the coordination of any enterprise-wide technology solution implementations, as well as identifying and researching relevant emerging technologies.
- Black Book: Car Depreciation Shows Signs of SlowingThe car segment retained its value well last week, with the wholesale value of 2008-2014 model-year cars decreasing by 0.68% last week. This was in line with the 0.67% decline the segment has experienced over the last six weeks, according to Black Book’s Market Insights report.
- Manheim Now Offering Enhanced Vehicle Imaging at 74 AuctionsManheim has nearly tripled the number of auctions offering enhanced vehicle imaging (EVI), expanding from 25 to 74 locations throughout North America, the company said this week
- Confessions of a DMS ExpertADT gets the inside edge with Dealertrack DMS’s Sharon Kitzman.
- Kontos: Average Wholesale Price in August Up 4.6% YOYADESA's chief economist reported this week that the continued strength of the truck segment drove a year-over-year increase in wholesale prices, while weak car sales contributed to a month-over-month price decline.
- Nine Los Angeles Dealerships Charged With Payment Packing, Yo-Yo Financing
- Airport Van Rental Looks to Continue U.S. ExpansionAirport Van Rental (AVR) has announced that it has corporate locations and franchise stores available for purchase. Currently, the company has expanded to 14 corporate locations in seven states.
- Record360 Offers Facial Recognition Security CheckBy including an upfront license identification process, rental companies will not only be complying with federal law but will also be alerted in the event that a customer is on the watch list.
- Why Do We Visit Capitol Hill?Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.
- Trucks Continue to Keep Wholesale Yearly Prices UpWholesale prices for trucks were up 7.3% on a year-over-year basis while cars were down 1.3%, according to ADESA.
- Enterprise Alerts Government on Customers’ Traffic Fines, TicketsTo help address outstanding fines for traffic, parking, and toll violations by car rental customers, Enterprise Holdings Inc. has notified more than 7,700 local governments in the U.S. and Canada.
- Korea’s AJ Rent-A-Car to Launch in Los AngelesSouth Korea’s AJ Rent-A Car will kick off its U.S. operation next month in Los Angeles.
- Evercar Expands Service to California’s Bay AreaEvercar, a provider of shared electric vehicles for on-demand drivers like Uber and Lyft, has expanded to the Bay Area with two new locations in San Francisco and Oakland.
- Sixt Held Sweepstakes for Free RentalsFrom Sept. 23 through Sept. 25, Sixt rent a car USA LLC held its “Every SIXTh for free” sweepstakes. Every sixth entrant won a free car rental.
- Enterprise’s Shared Services Building Earns LEED GoldEnterprise Holdings’ Shared Services building in Tulsa, Okla., has been awarded the Leadership in Energy and Environmental Design (LEED) Gold designation through elements like water-efficient landscaping and a reduction in electric power.
- Dent Wizard Names VP of OEM ServicesDent Wizard International, which specializes in automotive reconditioning, recently appointed Scott Goodwin as vice president of OEM services for KhS (Know How Systems) business unit.
- Airport Van Rental Looks to Continue U.S. Expansion
- Matthew Becomes Category 3 Hurricane in Central Caribbean SeaHurricane Matthew has strengthened into a Category 3 hurricane on the Saffir-Simpson Wind Scale while moving west- southwestward over the Caribbean Sea, the U.S. National Hurricane Center (NHC) said on Friday. Matthew was located about 495 miles (800 kilometers) southeast …
- California Governor Approves Public Adjuster Reform BillCalifornia Gov. Jerry Brown has signed a bill that establishes fair practices standards for public insurance adjusters and enhances consumer protections. Senate Bill 488, authored by state Sen. Marty Block, D-San Diego, and sponsored by Insurance Commissioner Dave Jones, was …
- Argo Group Names Schaffer to Lead U.S. Commercial Programs in ColoradoBart Schaffer will now be leading U.S. commercial programs at Argo Group. Schaffer is located in Denver, Colo. Schaffer was previously head of binding operations within Argo Group’s Colony Specialty company. Schaffer joined Colony Specialty in 2007 as regional vice …
- JLT Re Names Brodsky Senior Vice President in Washington Workers’ Comp UnitJLT Re has named John Brodsky a senior vice president in Seattle, Wash. Brodsky will be part of the workers’ compensation unit, and will focus on the expansion and development of JLT Re’s casualty practice. He was previously with Guy …
- Heavy Rains in North Carolina Bring Floods, Prompt RescuesStorms that dumped as much as 8 inches of rain prompted rescues from rising waters and the closing schools in two North Carolina counties. Storms inundated areas around Raleigh and to the south overnight Wednesday, knocking out power to some …
- Argo Group Names AIG’s Hernandez to Lead International BusinessBermuda-based specialty insurer Argo Group International Holdings announced the appointment of Jose A. Hernandez to lead the company’s international business, which includes all insurance and reinsurance operations outside of the U.S. Hernandez joins Argo from American International Group where he …
- Maryland’s Amended Premium Increase Notice Requirement to Take EffectThe reenacted Maryland Insurance Article set to take effect on Saturday, Oct. 1, is expected to lift the administrative burden and lack of clarity caused by mandatory notification of minor premium increases, according to a press release issued by the …
- European Union Nations Fast-Track Approval of Paris Climate AgreementEuropean Union nations agreed to a fast-track ratification by the 28-member bloc of the Paris climate agreement, a step that could enable the most sweeping accord to combat global warming to come into force next month. The European Parliament, whose consent …
- CNO Financial Ends Ties with Beechwood Re, Sues Over Hedge Fund ExposureCNO Financial Group Inc. on Thursday said that two of its subsidiaries were terminating agreements with reinsurer Beechwood Re, after regulators in two states said that many assets managed by Beechwood were not compliant with insurance company guidelines because of …
- New Jersey Train Service Suspended as Investigators Seek Cause of CrashThousands who rely on the Hoboken terminal in New Jersey may face longer than usual commutes and heavy crowds on Friday as investigators try to determine why a commuter train crashed into the station, killing a woman and injuring more …
- Matthew Becomes Category 3 Hurricane in Central Caribbean Sea
Tag Archives: Rental Car
By Greg Johnson. I recently wrote an article for the Minnesota Automobile Dealer Association’s MN Dealer Outlook Magazine (Winter 2015). If your Minnesota dealership provides dealer-owned loaner vehicles to customers while the customer’s vehicle is being repaired, you’ll want to … Continue reading
I was recently interviewed in connection with a most interesting article by Chris Brown of the Auto Rental News: “Enter the world of brokering, where fleet funding, commercial insurance and even car ownership are not necessities. As the name suggests, … Continue reading
By Greg Johnson. This article provides a brief overview of Minnesota rental car coverage law, from priority of payment for bodily injury and property damage liability claims to uninsured and underinsured motorist claims to no-fault claims to rental vehicle damage … Continue reading
By Greg Johnson. This is the first in a series of articles addressing claims for damage to, and loss of, rented vehicles. It provides an overview of the types of damages a rental car company may sustain (and, thus, may … Continue reading
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.
By Greg Johnson. 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. … Continue reading
By Greg Johnson. The determination of whether a self-insured retention (SIR) constitutes “insurance” within the meaning of an “other insurance” clause of another policy generally depends on the particular circumstances presented. See, e.g., Champlain Cas. Co. v. Agency Rent-A-Car, Inc., … Continue reading