Latest News in Car Insurance – March 31, 2009
March 31, 2009 by Webmaster
Filed under Car - Truck
Mich. auto insurance to rise in July – Lansing State Journal 31 Mar 2009 at 12:55am The Michigan Catastrophic Claims Association on Monday raised the annual assessment to $124.89 per vehicle. The assessment is passed on from insurance companies to drivers’ annual insurance bills. The MCCA reduced the charge by about $18 to $104.58 … [...]
Latest News in Home Insurance – March 30, 2009
Auto insurance changes attracting competition – Worcester Telegram & Gazette 30 Mar 2009 at 1:24am BOSTON — For decades, Massachusetts had some of the nation’s highest automobile insurance premiums and was the last state to have rates determined by the government, not the open market. That changed one year ago this week, as Gov. Deval [...]
Latest News in Life Insurance – March 26, 2009
March 26, 2009 by Webmaster
Filed under Whole Life Insurance
Life’s Market Value Falls as Seniors Unload Insurance Policies – Bloomberg 25 Mar 2009 at 9:47pm March 26 (Bloomberg) — Retirees seeking extra cash last year could sell a $5 million life insurance policy to investors for $1 million. Today, the price is as low as $600,000. Sales of so-called life settlements declined 20 percent [...]
Latest News in Health Insurance – March 25, 2009
March 25, 2009 by Webmaster
Filed under Group Health
Disability Decisions – GovExec.com 19 Mar 2009 at 5:58pm Most federal employees understand the benefits associated with their health and life insurance. But as one Retirement Planning reader asks, do feds also need disability coverage? According to the Social Security Administration, three in 10 workers … Coral Gables Mayor Slesnick says new city manager Salerno [...]
Texas Hurricane Insurance Claims Create 2008 Loss for Insurers
March 24, 2009 by Be Safe Insure
Filed under Homeowner's Insurance, hurricane insurance, Insurance Companies
For half a decade, Texas insurance companies showed strong profitability with loss ratios of only < 60%. That was before 2008. Then, in 2008, Taxes insurers were force to pay out on one of the most destructive hurricanes in state history, i.e. hurricane Ike hitting Galveston and Houston, the Texas Department of Insurance reported. The [...]
Latest News in Car Insurance – March 24, 2009
March 24, 2009 by Webmaster
Filed under Car - Truck
4 of 12 small SUVs get good roof rating – Detroit News 23 Mar 2009 at 11:58pm WASHINGTON — The Insurance Institute for Highway Safety said just four of 12 small SUVs received good ratings for roof strength in its first tests. To receive a “good” rating, a vehicle roof must withstand a force of [...]
Latest News in Home Insurance – March 23, 2009
Larry Pegram of Team Foremost Insurance Superbike Team Signing … – PR Inside 23 Mar 2009 at 1:18am Team Foremost Pegram will be a single rider squad competing this weekend at the AMA Superbike race at Fontana Auto Club Speedway. Accomplished racer Larry Pegram will compete on the 1098 R, Ducati’s flagship Superbike. Pegram opened [...]
Latest News in Life Insurance – March 19, 2009
March 19, 2009 by Webmaster
Filed under Whole Life Insurance
Matilda named beneficiary of Ledger’s life insurance money – Top News India 14 Mar 2009 at 1:29am Sydney, Mar 14: Matilda, Heath Ledger’’s three-year-old daughter, has been officially named the sole beneficiary of his life insurance policy. Following a Los Angeles court hearing, her custodian John Laviolette and lawyer William Shernoff emerged … Matilda named [...]
Insurance Companies to Disclose Climate Change Risk
March 18, 2009 by Be Safe Insure
Filed under Car - Truck, Earthquake Insurance, Fire Insurance, Flood Insurance, hurricane insurance, Insurance Regulation
US insurance regulating body, National Association of Insurance Commissioners (NAIC), now demands insurance companies to disclose how climate change will affect them. NAIC is aware of the huge risk that environment change entails, however it lacks information of how the insurance industry is planning to respond. Concerns are the availability and affordability of insurance policies [...]
Latest News in Health Insurance – March 18, 2009
March 18, 2009 by Webmaster
Filed under Group Health
Alcoholics pocket £10m in disability payouts – Manchester Evening News 17 Mar 2009 at 11:08pm MORE than 4,000 alcoholics are claiming full-time disability benefits in Greater Manchester – landing taxpayers with a £10m annual bill. The shock figures were obtained by the Manchester Evening News from the government under Freedom of Information … Benefit concert [...]
