Archive for March 2009

Mass. AG Questions Insurer’s High Risk Insurance Auto Rates

Mar 6th, 2009 | Category: Insurance Today

Massachusetts Attorney General Martha Coakley wants a public hearing to review the auto insurance rates of a new company entering the market in Massachusetts. Occidental Fire and Casualty Insurance Co. of North Carolina is asking to charge Massachusetts drivers rates that are based on the rates companies charge “high risk” drivers and to add additional […]



Oregon Home Insurance Costs Below National Average

Mar 4th, 2009 | Category: Insurance Today

At an average cost of $502 per year, home insurance in Oregon is among the least costly in the nation, according to a nationwide survey. For example, the average homeowner’s premium was $1,257 in Louisiana and $603 in neighboring Washington. The average premium nationwide was $804, and Oregon ranked 48th lowest out of the 50 […]



AIG Scraps Philippine Unit Sale, Makes It Part of AIA

Mar 4th, 2009 | Category: Insurance Today

(Bloomberg) – American International Group Inc., the insurer that may need a fourth bailout by the U.S. government, scrapped a separate sale of its Philippine life insurance unit and will make it part of its AIA group. “It was appropriate at this time to include the Philippine American Life and General Insurance Co. in the […]



CT Insurance Department Recovered $3.1 Million In 2008

Mar 3rd, 2009 | Category: Insurance Today

(CompNewsNetwork) – Insurance Commissioner Thomas R. Sullivan announced recovery on behalf of consumers totaling $3,088,500 for 2008. This is on par with previous years. The Consumer Affairs division recovers an average of $3 to$4 million dollars per year. “We are here to help,” said Commissioner Sullivan, “and I think this demonstrates that the efforts of […]



How To Handle A Car Insurance Claim In A Snap

Mar 3rd, 2009 | Category: Insurance Today

(NAPSI) – An accident can take seconds to occur, but if your car is damaged, managing the repair process can take days. From reporting the claim and getting a rental car to choosing a repair shop, it’s a lot of work and really, who has the time? Fortunately, drivers with a claim have other options. […]



Do you need business insurance for your home based business?

Mar 3rd, 2009 | Category: Insurance Today

Operating a home based business is a great way to earn income for many people. According to statistics, three out of ten people work at home. This type of business has a lot of benefits in comparison with traditional 9 to 5 office jobs: you can be your own boss, work in your pajamas, set […]