Latest News in Car Insurance – Oct 22, 2008
October 22, 2008 by Webmaster
Filed under Car - Truck
Mich. lawmakers want gov’t to help auto financing – Miami Herald
22 Oct 2008 at 2:27pm
WASHINGTON — Michigan lawmakers plan to ask Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson to use their regulatory powers to loosen up credit to help finance car loans. The members of Congress say in a letter obtained by …
Higher Insurance Costs Erode Fuel Savings on Small Cars – Wall Street Journal
22 Oct 2008 at 6:30pm
This year’s higher gasoline prices are prompting drivers to switch to smaller, more fuel-efficient cars. The trouble is, some of the money they save may be going to higher insurance premiums. Small cars generally cost more to insure than larger ones …
Auto-related losses up as economy slips – AZCentral.com
22 Oct 2008 at 9:01pm
Arizona drivers already pay bloated premiums to cover insurance-fraud losses, and the problem could get worse before it gets better. A tough domestic economy, a growing organized-crime presence, financial pressures faced by car-repair shops, and …
Allstate Posts Loss on Investments, Hurricane Ike (Update3) – Bloomberg
22 Oct 2008 at 4:07pm
Oct. 22 (Bloomberg) — Allstate Corp. , the largest publicly traded U.S. home and auto insurer, suspended share repurchases after investment losses and claims from Hurricane Ike caused the first money-losing quarter since Katrina in 2005. The stock …
Applying the Brakes – Washington Post
22 Oct 2008 at 9:37pm
For decades, the success of NASCAR’s brand of high-octane, fender-banging stock-car racing has been intertwined with the fortunes of the U.S. automotive industry. NASCAR victories represented a nod to Detroit’s ingenuity. And showroom sales, in turn …
An eroding model for health insurance – Los Angeles Times
21 Oct 2008 at 4:13am
Jennifer and Greg Danylyshyn of Pasadena are conscientious parents. They keep proper car seats in their used BMW, organic vegetables in the family diet and the pediatrician’s number by the phone. Today : Individual policies, often the only coverage …
Want to avoid auto theft? – McAllen Monitor
17 Oct 2008 at 3:49am
Brownsville Police and the Texas Insurance Council have unveiled a crime prevention campaign meant to curb auto theft in the area. The “LOCK, TAKE AND HIDE” program involves signs that read, “LOCK your car, TAKE your keys and HIDE your belongings …
What do Insurance Companies Look At? – Best Syndication
17 Oct 2008 at 11:34am
Before you go searching for an automobile insurance policy, you need to know what they are looking for. As a purchaser of insurance, you will need to know what benefits are available to you, how the insurance company will evaluate you, and how you …
You Can Put Dent In Insurance Costs – Insurance News Net
16 Oct 2008 at 6:42am
Oct. 16–People shopping for ways to cut costs in automobile insurance should remember that policies with low premiums could disappoint when they want to collect on a claim. “We certainly advise people to be careful shoppers,” said Tom Alger, a …
Allstate sues: 17 staged accidents alleged – Weblogs.sun-sentinel.com
17 Oct 2008 at 7:31am
Allstate is suing several auto body shops, tow truck companies, chiropractors and people apparently posing as drivers and passengers for allegedly staging 17 car accidents in Dade County and filing insurance claims for them. The suit was filed last …
