Monday, February 22, 2010

 

Insurer Reported Toyota Claims in 2004, Reuters Says

State Farm Life Insurance Co., the largest U.S. auto insurer, alerted regulators in 2004 about a trend of accidents involving Toyota Motor Corp.’s cars, three years earlier than it initially said, Reuters reported, citing the company.

The insurer said earlier this month it had contacted the National Highway Traffic Safety Administration in late 2007, Reuters said. After reviewing its records, the insurer found that it contacted safety regulators for the first time in 2004, according to the report, which cited an e-mail from State Farm spokesman Phil Supple...

Business Week: Insurer Reported Toyota Claims in 2004, Reuters Says

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