Texas Concerns Information Contact on Named Driver Policies, Excluded Driver Endorsements

The Texas Department of Insurance coverage has issued a particular information contact to receive info from insurance coverage companies writing private passenger automobile insurance in Texas.

TDI mentioned the information requested is in response to legislative inquiries and pertains to bodily injury and property damage liability claims below named driver policies or policies with an excluded driver endorsement.

Insurers must respond to this data contact no later than March 3, 2015, TDI stated.

At least 2 bills — HB 318 by Rep. Mark Keogh and HB 335 by Rep. Ed Thompson — have been introduced in Texas that would prohibit automobile insurers from issuing named driver policies in the state. HB 335 would enable a named driver exclusion beneath certain circumstances.

For the purposes of the data get in touch with, TDI is making use of the following definitions:

• Named Driver Policy – An automobile insurance coverage policy that does not provide coverage for an person residing in a named insured’s household specifically unless the individual is named on the policy. The term contains an automobile insurance policy that has been endorsed to supply coverage only for drivers specifically named on the policy.


• Excluded Driver Endorsement – An endorsement attached to a private passenger automobile insurance policy that excludes coverage for a particular person particularly named in the endorsement.


• Regular Policy – A private passenger automobile insurance coverage policy that supplies coverage for the named insured, named insured’s spouse, household members residing in the household, and other people using the insured automobile.  A normal policy does not consist of a named driver endorsement or an excluded driver endorsement.


• Other Policy Types – Any other type of private passenger automobile policy that is not a Named Driver Policy or a Normal Policy, and is not a policy with an excluded driver endorsement.


• Claim – A claim that is reported per occurrence for liability combined, not per claimant or per coverage.

Reported policy varieties should equal 100 percent of the total book of private passenger automobile enterprise.

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Texas Concerns Information Contact on Named Driver Policies, Excluded Driver Endorsements

Gearhead and Former AMG Chief Ola Källenius Named to Daimler Management Board

Daimler’s shooting star Ola Källenius will join the company’s board of management on January 1, 2015, which will at that point have grown to 8 members. He will be responsible for international advertising and marketing and sales for Daimler’s automobiles. The appointment runs through the end of 2017. At age 45, Källenius will be by far the youngest member of Daimler’s board. Daimler’s truck chief Wolfgang Bernhard and China boss Hubertus Troska are each 9 years his seniors. Källenius would be a all-natural contender for the prime job when 61-year-old CEO Dieter Zetsche retires, which could occur as soon as the end of 2016.

Obtaining joined Daimler in 1993 soon after earning degrees in International Management and Finance and Accounting, Källenius quickly rose up via the ranks. His stops incorporate leading Mercedes-Benz Higher Performance Engines—formerly Ilmor—in Brixworth/UK, leading Daimler’s U.S. plant in Tuscaloosa, Alabama, and running AMG from April 2010 by means of September 2013. Function on the Mercedes-AMG GT began under his watch. And together with chief designer Gorden Wagener, he pushed for the resurrection of Maybach.

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Källenius, whose first automobile was a VW Golf Mk I, is a accurate auto guy. When we asked him some time ago which book he would advocate, the Swede described Bob Lutz’s Automobile Guys vs. Bean Counters: The Battle for the Soul of American Organization. We also approve of his favorite piece of road: Mazda Raceway Laguna Seca. Källenius’s promotion bodes properly for the future of Daimler.

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Gearhead and Former AMG Chief Ola Källenius Named to Daimler Management Board

Lamborghini Could Be Arranging 2+2 Model Named the Asterion for Paris Auto Show

Nicely, this is unexpected: Lamborghini has announced on its Facebook page that it will debut . . . something at the Paris auto show next week. We suspect that anything is a automobile, based on the teaser sketch accompanying the Italian automaker’s Parisian declaration, and that that vehicle is one thing completely fresh from Lamborghini.

Look closely at the black-and-white photo above—does that side window look a bit . . . lengthy? Lamborghini’s 2 existing models, the Huracán and the Aventador, both feature stunted side glass typical of 2-seat, mid-engine sports automobiles. Furthermore, Lamborghini has hinted that this car, which trademark filings indicate could be named Asterion, could seat much more than 2. A nebulous statement on an invitation to the vehicle’s reveal in Paris reads: “Once perfection is accomplished, you can just double it.”

Adding to the mystery are what appear to be leaked pictures or renderings of the Asterion taken from a magazine spread, which have been floating around the internet this week following originating on zero2turbo.com. The pictures show what seems to be a wedge-shaped, mid-engine Lamborghini with a taller roof and rear-quarter windows peeking into a possible—gasp!—back seat.

A 1960s-era Lamborghini 400GT (a 2-plus-2) also pictured in the magazine spread lends credence to the concept that Lamborghini could be cooking up a new sports auto with a back seat. Watch for our coverage of Lambo’s large announcement subsequent week to see what’s in store—our interest is undoubtedly piqued.

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Lamborghini Could Be Arranging 2+2 Model Named the Asterion for Paris Auto Show

What a Jolt: Subsequent-Gen Base Chevy Volt Could Be Named “Bolt”

Could a more affordable, entry-level Chevrolet Volt be called “Bolt” when the new plug-in hybrid debuts next year? According to a current trademark filing found by GM Authority, yes, it’s in the cards.

Common Motors applied with the U.S. Patent and Trademark Workplace last week for “Chevrolet Bolt,” and while there’s absolutely nothing more to it, “Bolt” plays along with GM’s other electrically themed names, Volt and Spark. Offered the timing of the 2016 Volt’s split into 2 models, which includes one particular that will supposedly be sold for $ 30,000, “Bolt” could be a playful rhyme next to the company’s flagship plug-in. Or it may just be cover in case a Chinese organization decides to steal GM’s thunder. At worst, it could make people believe of the loose metal bolts coming off of GM vehicles in the company’s most current spate of recalls. But we digress.

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• Chevrolet Volt Research: Pricing, Efficiency Information, Photos, Evaluations, and More


• EV Comparo: Spark vs. Focus, Leaf, For2, 500E, and Fit


• Subsequent-Gen Chevy Volt Spied: Sleeker, More affordable, and Offered in Several Strengths

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In the same week, GM also submitted applications for “Sierra Elevation”—which sounds like GMC’s take on the Silverado Higher Country—and requested to revive the Hummer name for the “portable electric energy generators” category. If a Hummer generator wasn’t weird adequate, how about a GMC barbecue grill, which GM also applied for final week? Here’s hoping the ignition switch works on that 1.

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What a Jolt: Subsequent-Gen Base Chevy Volt Could Be Named “Bolt”