SCOTTSDALE – CNA National announced that Tim Schilling was appointed to the newly created position of actuarial director, effective Oct. 17. Schilling bring and extensive background in reserving, pricing, market research, business development, product development and underwriting, according to CNA National. “We are excited about the breadth of experience and focused knowledge that Tim brings … Read More »

SANTA MONICA – TrueCar.com is predicting that new light-vehicle sales (including fleet) will reach 1.035 million units, a 9 percent increase from October 2010 and 1.7 percent decrease from September 2011. The forecast translates into a seasonally adjusted annualized rate (SAAR) of 13.4 million units, which is on par with August 2009 SAAR levels, the … Read More »

Ford Motor Co.’s reliability ranking in the Consumer Reports annual auto survey tumbled as its namesake brand slid to 20th from 10th last year among 28 brands while Japanese automakers captured nine of the top 10 spots. Ford’s ranking suffered because the new Explorer SUV, Focus compact and Fiesta subcompact all scored below average for … Read More »

Volkswagen AG will probably become the world’s biggest carmaker this year, vaulting past Toyota Motor Corp. and General Motors Co. on gains in emerging markets. The German company’s sales, third among carmakers in 2010, will probably rise 13 percent to 8.1 million vehicles this year, based on the average of three analysts surveyed by Bloomberg. … Read More »

DETROIT – Harley-Davidson Inc. is recalling about 308,000 motorcycles to fix a switch problem that can cause failure of the brake lights and possibly even the rear brakes themselves. The company said in documents filed last week with the National Highway Traffic Safety Administration that brake light switches can be exposed to too much heat … Read More »

LAS VEGAS — Organizers of Agent Summit 2012 have announced that John Braganini, principal of Great Lakes Companies, will deliver the event’s evening keynote address. The second annual Agent Summit, scheduled for March 12-14 at Caesars Palace Las Vegas is organized by Agent Entrepreneur and presented in partnership with F&I and Showroom. The event will … Read More »