Insurance Today

1p cut in National Insurance to help firms at England

Oct 20th, 2008 | Category: Insurance Today

DAVID CAMERON today urged an immediate 1p cut in National Insurance for small firms to save jobs at risk in the credit crunch. The reduction in payroll tax would save a small business with four staff about Ј100 a month over a six-month trial period, he claimed. His move, announced at a summit with small-business […]



Your Insurance Policy is Probably Safe

Sep 25th, 2008 | Category: Insurance Today

Worried about AIG’s tumble? Here are some steps you can take After the Federal Treasury announced its $85 billion bail-out of American International Group last week, many consumers wondered if their insurance policies were safe. AIG requested the massive loan because of a cashflow crunch, due to bad investments in mortgage derivative products, which could […]



Factors Affecting Your Car Insurance Rates

Aug 4th, 2008 | Category: Insurance Today

Increase in vehicle insurance prices has been clearly outlined since the second half of the year. According to the recent investigations the price advance makes up to 3.4% during the last six months. The data were collected from more than ten insurance companies during the last year. First of all, this price rise is caused […]



The Franchise in Auto Insurance

Jul 31st, 2008 | Category: Insurance Today

The franchise can be considered as a unconditional obligation from the insurance company to compensate at own expense a part or the caused losses in the set cases and in the set size. The franchise in auto insurance can be conditional and unconditional. In the case when the contract sets insurance with an unconditional franchise […]



Alberta drivers face auto insurance hikes

Jul 31st, 2008 | Category: Insurance Today

Albertans will learn today whether they’ll shell out more for auto insurance, after proposals to hike premiums as much as 37 per cent were made to a panel deciding what drivers should pay. Premier Ed Stelmach said Wednesday he expects the province’s Auto Insurance Rate Board will take a “very pragmatic, responsible approach” and shy […]



Insurer Issues Bike Theft Warning

Jul 31st, 2008 | Category: Insurance Today

Britain’s cyclists should face up to the theft risks inherent in bike ownership, a home insurance provider said today. Sainsbury’s Bank has released new bike theft data, showing that 1,208 cycles are stolen every day in the UK. A surprisingly large proportion – 16 per cent – of these cycles was found to have been […]



N.C. Department of Insurance OKs hike in mobile home rates

Jul 31st, 2008 | Category: Insurance Today

The state’s insurers will be able to increase rates for mobile home insurance, though not as much as they’d hoped, the North Carolina Department of Insurance said Friday. The hikes, which go into effect Dec. 1, are the first ones approved in the state in more than a quarter-century. They also vary by area. The […]



Insurance Payments Fall Short of Repair Costs after Tennessee Tornado

Jul 25th, 2008 | Category: Insurance Today

Tennessee officials razed fairgrounds bleachers damaged by a tornado in Clarksville, Tennessee. Parks and Recreation Director Kevin Cowling said the tornado on May 3 moved parts of the concrete bleachers 2 inches. A structural engineer determined they were unsafe. City chief of staff Jim Durrett said the city received $8,000 in insurance for the damage […]



Covering mortgages with insurance

Jul 18th, 2008 | Category: Insurance Today

Q: I have a three-year employment contract and have just secured my first mortgage for a new villa in Dubai. However should the contract not be renewed how would I manage to make my mortgage payments till I find another suitable position?  A: Payments towards a mortgage are usually the highest expenditure from your salary […]



Insurance candidate wants better child coverage

Jul 10th, 2008 | Category: Insurance Today

North Dakotans who have incomes twice as high as federal poverty guidelines should be eligible for government health insurance for their children, the Democratic candidate for insurance commissioner says. Jasper Schneider, who is a state representative from Fargo, said Tuesday that the change would add 3,300 children to the Children’s Health Insurance Program, which is […]