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New York proposed a series of changes to the state’s no-fault automobile insurance rules that Superintendent James J. Wrynn said are aimed at preventing and rooting out fraud, hastening claims processing and simplifying procedures. No-fault insurance regulations were first promulgated in 1974 and last significantly revised in 2002, according to the insurance department. The draft [...]
Archive for February, 2010
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The Good in Internet Life Insurance Leads
Posted by gary on February 13th, 2010
What is so good about internet life insurance leads? Why are more and more agents talking about these? If you don’t know the answer to these questions you need to continue to read. When it comes down to it, agents are generating internet life insurance leads for a reason. And once you are on the [...]
INSURER TOWER AUSTRALIA BOOKS 32 PCT DROP IN FULL YEAR PROFIT
Posted by gary on February 13th, 2010
Tower Australia Ltd’s (ASX:TAL) full year profit declined by 32 per cent as the life insurer’s investments were hit by volatile markets and a higher amortisations charge. Net profit fell to A$46.4 million for the 12 months to September 30, Sydney-based Tower said in a statement on Thursday. Australia’s biggest specialist life insurer said underlying [...]
Tags: Ratings Recap: ProAssurance, Lawyers Mutual
Posted by gary on February 13th, 2010
Standard & Poor’s Ratings Services revised its outlook on ProAssurance Corp. (PRA) to positive from stable and affirmed its ‘BBB-’ credit rating on the counterparty company. “The outlook revision reflects our view of the improved leverage of PRA and operating performance that were enhanced by strong support and fixed parameters of interest coverage and leverage [...]
Endsleigh Life Insurance Reveals the Main Reasons for Not Staying Healthy This Winter
Posted by gary on February 13th, 2010
It is advisable to take out a life insurance policy just in case something does happen, just for peace of mind, if nothing else. Eating unhealthy The best way to stay healthy is to keep your body in good shape and the healthier the fuel, the healthier the vehicle, so to speak. Try to eat [...]
Cassidy David improves web-based PPI sales facility
Posted by gary on February 12th, 2010
Cassidy Davis Insurance Group, Personal Lines Insurer by Lloyds has a number of improvements to the Web-based payment protection insurance (PPI) sales platform. The initiative aims to increase the flexibility of choice of products for customers of intermediaries, networks and intermediary lenders away. Amendments may be distributors for the entire process of selling PPI through [...]
When a Dream Property Turns into an Insurance Nightmare
Posted by gary on February 9th, 2010
Sometimes property dreams turn into nightmares when it comes to getting insurance, especially if the property is a bit unusual and doesn’t tick all the boxes. Adrian Flux Insurance Services, one of the leading home insurance brokers in the UK, has set up specialist expertise on hard-to-insure properties within its Household Division to deal with [...]
House Republicans Offer Health Overhaul Plan
Posted by gary on February 9th, 2010
House Republicans unveiled their health reform proposal Tuesday night. Their alternative health care bill “would reward states for reducing the number of uninsured, limit damages in medical malpractice lawsuits and allow small businesses to band together and buy insurance exempt from most state regulation,” The New York Times reports. “In its opening section, the Republican [...]
