Insurance Today

GEICO to Partner with Local Businesses for Bikers for Tykes and Troops Charities

Mar 12th, 2010 | Category: Insurance Today

(BUSINESS WIRE) – GEICO Powersports has partnered with several local sponsors to raise money for the upcoming Bikers for Tykes and Troops Rally and Concerts to benefit the Children’s Hospital of The King’s Daughters (CHKD) and the USO of Hampton Roads. Tonight, join GEICO and 92.9 The Wave and head to Red Robin in Chesapeake, […]



Obama presses insurance companies, Democrats on healthcare reform

Mar 5th, 2010 | Category: Insurance Today

U.S. President Barack Obama on Thursday urged insurance companies not to block health reform while calling on congressional Democrats to show their support for a comprehensive bill. U.S. Health and Human Services Secretary Kathleen Sebelius held a meeting with largest health insurance companies at the White House, where Obama stopped by and had talks with […]



Township increases insurance coverage for auto accidents

Feb 28th, 2010 | Category: Insurance Today

(Courier Times) –  The change increases the amount of money a township employee involved in an accident could recover from a lawsuit. Middletown has beefed up its insurance coverage in a move that will increase the financial protection for township employees involved in automobile accidents that aren’t their fault. At a recent meeting, the township […]



Health Insurance Reform Stirs Passion

Feb 26th, 2010 | Category: Insurance Today

(OfficialWire) – You can agree to reform the U.S. health insurance system or you don’t; you can’t have it both ways, Vice President Joe Biden said Thursday. During a bipartisan summit about healthcare reform, including changes to the health insurance industry that were in Democratic bills and an outline offered by President Barack Obama, Republicans […]



Oxford residents should see savings in insurance

Jan 31st, 2010 | Category: Insurance Today

(The Oakland Press) – Improvements to the Oxford Fire Department may pay off in real dollars for homeowners in both the village and the township. “It’s very much something to be proud of,” said Peter Scholz, chief of the fire department. The fire department got its ISO rating lowered from a 9 to a 3 […]



Bank insurance levy gaining support at Davos

Jan 31st, 2010 | Category: Insurance Today

(BBC NEWS) – Politicians and bankers have expressed support for the idea, while the International Monetary Fund (IMF) has described it as “practical”. The levy would go into a fund which could be used to bail out the banks instead of taxpayer money. Governments across the world have spent billions of dollars saving banks. ‘Rescue […]



Admiral seals reinsurance deals for its new Elephant car insurance in USA

Jan 18th, 2010 | Category: Insurance Today

(Proactiveinvestors) – FTSE100 insurance group Admiral (LSE: ADM) has signed re-insurance contracts for its new car insurance operation in the United States, Elephant Insurance. German based re-insurance specialists Munich Re and Hannover Re will jointly take 60% of the risk through a quota share reinsurance agreement. Admiral also extended a number of European reinsurance contracts […]



2009 auto insurer complaint ranking released

Dec 31st, 2009 | Category: Insurance Today

The New York State Insurance Department upheld 948 consumer complaints against private passenger automobile insurance companies last year, according to the Department’s 2009 Annual Ranking of Automobile Insurance Complaints. “New York is a very competitive marketplace, so consumers have a wide range of choices when buying automobile insurance,” said Insurance Superintendent James Wrynn. “Consumers should […]



Five Insurance Mistakes to Avoid!

Dec 28th, 2009 | Category: Insurance Today

Avoiding these mistakes can save money on insurance and keep you financially protected. (PRNewswire) –  The Insurance Information Institute says you can save money on insurance if you avoid five big insurance mistakes: To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/iii/41715/ Mistake #1: Insuring a home for its real estate value […]



Health-Bill Benefits

Dec 27th, 2009 | Category: Insurance Today

(The Wall Street Journal) – Consumers could see some immediate gains from health-overhaul legislation in Congress. But most benefits would take years to kick in. The impact of the health bill hangs on how the final version is written, and lawmakers will have to merge the Senate and House bills. Democrats still face fierce Republican […]