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Latest News in Car Insurance - Oct 1, 2008

October 1, 2008

Auto briefs - Detroit News

30 Sep 2008 at 9:48pm
WASHINGTON — Several car booster seats do a poor job of positioning children to fit in their seat belts, according to a review by the insurance industry and researchers. The Virginia-based Insurance Institute for Highway Safety and the University of …

How the financial crisis is hitting Michigan - Detroit Free Press

1 Oct 2008 at 1:02am
Beaumont Hospital may have to pay more money to build new emergency and operating rooms at its Royal Oak campus. JADDA Capital Management of Mt. Clemens is seeing more customers looking for short-term loans because they can’t get financing from banks …

Legislators keep Indiana in mind when voting - Lafayette Journal and Courier

1 Oct 2008 at 12:26am
WASHINGTON — Indiana Rep. Joe Donnelly voted for a financial rescue bill that failed in the House on Monday because he believes the credit crunch will hurt Indiana consumers, businesses and their employees. “If there’s no credit, nobody is going to …

ICICI have never squandered capital: K V Kamath - Economic Times

1 Oct 2008 at 12:12am
This quarter we will peak on the provisioning. In some businesses, where we saw a little larger-than-expected delinquencies, we have exited them. We have tightened our credit parameters in various other products in the past six months. The effect of …

K V Kamath - Economic Times

1 Oct 2008 at 12:12am
ICICI Bank has fought quite a few battles in the financial market. Over the past few years, the country’s largest private lender has taken the fight for leadership right into the camp of foreign and large Indian banks. However, over the past few …

Town shows economic woes weighing on election - Associated Press

30 Sep 2008 at 10:31pm
WAKARUSA, Ind. (AP) — In this corner of America known as the RV capital of the world, Todd Brink once made a good living producing the gleaming behemoths that cruised the nation’s open roads. He was prospering. So, too, was the industry. Then hard …

TARP, Baby! - Slate

30 Sep 2008 at 5:24pm
If Nancy Pelosi had wanted to screw Sen. McCain, could she have done a better job? Just asking! … 8:19 P.M. Mo’ Rezko: He “has been quietly visiting Chicago’s federal courthouse, setting off” … you know. … speculation ! … [ Do you really …

Taxpayers Shouldn’t Fund Wall Street’s Bailout - BusinessWeek

29 Sep 2008 at 5:53pm
To say that the situation on the Street is alarming is like saying that a tornado is windy. The financial backbone of the economy is in dire need of help, and in the excitement, a $700 billion bailout is taking shape in the halls of Congress. But in …

Main St already hurt as Wall St stumbles - ninemsn

30 Sep 2008 at 5:02pm
Main Street has some news for lawmakers who say the Wall Street bailout is aimed at protecting average Americans: they’re already suffering. President George W Bush on Tuesday warned of “painful and lasting” economic hardship that will impact “the …

Auto insurance industry decries state rate-cut plan - Baltimore Sun

29 Aug 2008 at 5:54pm
The private auto insurance industry objected yesterday to a rate-lowering proposal from the state’s insurer of last resort, arguing that the Maryland Automobile Insurance Fund’s plan to make coverage more affordable puts the private sector at …

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