Posted by admin | Posted on 11-01-2012
Being a small entrepreneur is sometimes hard, although it is a rewarding initiative and the satisfaction of doing something for you is immense. However, if you work with people, or you work in an area that implies responsibilities, you should be covered with a liability premiums for professionals policy.
This insurance policy has more coverage options than expected. You will need this type of coverage if you are a lawyer, a doctor, or even a driver or a safeguard. People today have the tendency to take any matter into court, and you will never guess when one of your clients would sue you. The reasons are numerous, and sometimes those clients win their cases. Read more…
Posted by Matthew Reimann | Posted on 09-01-2012
The organization representing state insurance commissioners is promoting life insurance as an “overlooked” potential source of immediate funds.
Adam Hamm
“In tough economic times, people look everywhere — an IRA or 401(k), credit cards, even under their mattress — for emergency cash,” according to a National Association of Insurance Commissioners statement.
A recent NAIC survey found that 63% of consumers have life insurance, yet it is often forgotten as a source of revenue.
When thinking about everyday finances, life insurance is not top of mind for most Americans, said Adam Hamm, NAIC vice president and North Dakota insurance commissioner, in the statement. According t
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Posted by Matthew Reimann | Posted on 03-01-2012
An investigation by Which?, the consumer group, has accused insurers of changing terms after the policies are sold, often leaving British travellers without any cover.
The report found cases of people who had their medical cover removed even though their doctor said they were fit to travel, and were left travelling with no insurance.
Some then lost all medical cover because of a new minor illness.
But the Which?
Read more…
Posted by Matthew Reimann | Posted on 25-11-2011
The U.S. government filed a federal suit against a benefit plan administrator and its president, seeking to restore $436,322 to two benefit plans of Columbus, Ohio-based Clark Graphics.
The U.S. Department of Labors Employee Benefits Security Administration alleges in the suit that the plans administrator, Pension Retirement Planning, along with its president, Marcia Dowdell, failed to account for money deposited to the plans in violation of the Employee Retirement Income Security Act.
Additionally, the suit alleges that the owners of Clark Graphics — Mary Clark, James Clark and Stephen Clark — failed in their fiduciary responsibilities as plan trustees by neglecting to monitor the actions of Dowdell and Pension Retirement Planning. The
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Posted by Matthew Reimann | Posted on 20-11-2011
One in three consumers is paying over the odds for car insurance, according to the RAC.
Nearly half of Brits do not bother to seek a number of quotes and one in four renew their car cover instantly, without using the opportunity to save hundreds of pounds.
So, given that premiums are rising steadily, it it is well worthwhile following our ten steps to lower premiums.
1. Shop around for the best deals. Savings of hundreds of pounds can be found if you shop around when you renew your cover, but the experts say you need to obtain at least seven quotes to get the best deal, although most people get only three.
Read more…
Posted by admin | Posted on 03-11-2011
Where getting the cheapest price is very important while comparing the auto insurance online, you would also need to compare every provider for better satisfaction and customer service along with the policy with limits and coverage options. Having insurance from a provider who is offering a poor customer service to you or insuring under the policy, which is not completely covering the total cost in case of an auto accident would be quite pointless. Although people may save a little bit on their coverage, but at the same time they would be risking more every time they get into their car. Read more…
Posted by Matthew Reimann | Posted on 31-10-2011
Insurance Australia Group (IAG, ASX:IAG) says it is on track to deliver on its full year financial guidance after an encouraging performance in the first quarter.
Chief executive Mike Wilkins told the insurer’s annual general meeting on Wednesday that gross written premium growth in the first few months of the financial year was encouraging, while natural peril activity has been benign.
However the company is adversely affected by volatile investment markets, he said.
“We remain on track to deliver our full year guidance of an improved insurance margin of 10 to 12 per cent and gross written premium growth of six to nine per cent,” Mr Wilkins said.
IAG also said it was considering selling $NZ150 million (US$119 million) of unsecured subordinated bonds to the New Zealand public.
The proceeds would be used for general corporate purposes and to provide additional flexibility in managing future refinancing requirements, the company said.
It is expected the bonds would have a term to maturity of 25 years and be callable at IAG’s discretion on the fifth anniversary of their issue and on each interest payment date thereafter.
Interest would be payable quarterly in arrears.
More details of the offer are expected to be available in November.
Posted by Matthew Reimann | Posted on 23-10-2011
Shopping for a new boat is so much fun! Knowing that the new boat is covered adequately makes everyone even happier! Getting adequate boat insurance coverage first starts with the boat insurance application and knowing what to expect can make the boat application process quicker so one can get that new boat out on the water faster.
