So far State Farm is the only insurer to unearth data linking auto accident claims to problems with Toyota manufactured cars and trucks, but airing industry statistics is still likely during two House hearings.
Toyota's recalls will have little impact on the ratings of auto and commercial lines insurers, according to Moody's, but a law firm said directors and officers carriers could face major exposure.
Only State Farm has unearthed data linking auto accident claims to problems involving cars and trucks manufactured by Toyota, but industry statistics are still likely to be aired during two House hearings on the issue this week.
So far State Farm is the only insurer to unearth data linking auto accident claims to problems with Toyota manufactured cars and trucks, but airing of industry statistics is still likely during two House hearings next week.
So far State Farm is the only insurer to unearth data linking auto accident claims to problems with Toyota manufactured cars and trucks, but airing of industry statistics is still likely during two House hearings next week.
Toyota's recalls will have little impact on the credit of auto and commercial lines insurers, according to a rating organization, but a law firm said directors and officers carriers could face major exposure.
Toyota's recalls will have little impact on the credit of auto and commercial lines insurers, according to a rating organization, but a law firm said directors and officers carriers could face major exposure.
A House committee has asked five insurance companies to provide it with information by next week regarding accident trends involving cars and trucks manufactured by Toyota.