(ARA) – The number of tasks that distract us while driving is growing. Who hasn’t spent their commute talking on the cell phone, switching songs on an mp3 player, texting or plugging an address into the GPS? While it may not seem like a big deal, distracted driving is dangerous and can even be deadly. […]
New York State insurance Fund (NYSIF) Executive Director David P. Wehner said the NYSIF’s 2008 fraud prevention program accounted for more than $20 million in total savings – a record amount exceeding all prior yearly totals since the program began. “We are determined to continue an aggressive attack against workers’ compensation fraud in New York […]
(Reuters) – Fund managers who buy U.S. life insurance policies to cash in the death benefits have predicted a bumper year in 2009 as investors seek uncorrelated alternatives to mainstream markets. Supply is also is expected to increase as more individuals, stung by tumbling investment portfolios, could sell their policies at discounted prices.
(BUSINESS WIRE) – Car insurance consumers now have a new source for information on road trips and the latest in car technology. A new podcast feature has been added to progressive.com’s “Articles & Blogs” section. The first podcast in Auto Tech, the section with articles on the latest car gadgets, is about how green cars […]
Eastern Carolina residents get ready. Your homeowners insurance rate is about to hit the roof. Everyone statewide will pay four percent more, unless you live in the coastal areas. The cost there? A 30 percent increase in homeowner premiums. If you live in a 150 thousand dollar home in New Hanover, Brunswick, Pender and Onslow […]
In terms of personal pleasures, buying life insurance doesn’t usually fall in the same category as buying a new car or a new wardrobe. However, despite its lack of glamour and prestige, the decision to buy life insurance can be infinitely more important to a family and its future financial security. Before you begin your […]
American International Group is in advanced talks to sell its U.S. auto insurance unit to Swiss insurer Zurich Financial Services AG, a source familiar with the matter said Tuesday. The auto insurance business is expected to fetch around $2 billion, the source said.
(Arkansas Insurance Department) – Arkansas Insurance Commissioner Jay Bradford announced two convictions in separate instances of auto insurance fraud in his state. rlandis Moore pleaded guilty in Pulaski County Circuit Court to committing a fraudulent insurance act, a Class D felony. As the passenger in a vehicle involved in a car accident, Moore presented a […]
Effective March 9, State Farm Mutual Automobile Insurance Company, the largest insurer of autos in South Carolina and in the nation, is lowering its overall auto insurance rate level in South Carolina by an average of 2.1 percent. This represents an annual savings of $10.9 million for South Carolina customers. After this change is implemented, […]
Effective March 9, State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Georgia and in the nation, is lowering its overall auto insurance rate level in Georgia by an average of 1.5 percent. This represents an annual savings of $16.2 million for Georgia customers. After this change is implemented, State Farm’s overall […]