99Insurance Blog

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (3/7/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Seeking reassurance about insurance (Boston Herald)
Q. In June 1996, at the time of my divorce, I had a federal health insurance policy that covered me, my kids and… (More)

Prudential eyes Asia’s coming insurance boom: experts (The Economic Times)
Prudential eyes Asia’s coming insurance boom: expertsPrudential eyes Asia’s coming insurance boom: experts (More)

Reveal details of insurance scheme, Bank Negara urged (MalaysiaNews.net)
KUALA LUMPUR: The Bar Council has urged Bank Negara to reveal details of a proposed basic motor insurance coverage for third party bodily injury and death. The council is opposed to the proposal, sayi… (More)

AIG to get $231 million if sale of Asian unit crumbles
American International Group Inc. will receive a termination fee of $230.6 million if the sale of its Asian life insurance business to Britain’s Prudential PLC falls through. (More)

Insurance Articles

Missing Papers and Other Travel Advice
Traveling calls for people of all sorts to safe keep their travel papers to prevent misplacing these items. Travel documents need proper care and attention for these can be quite difficult to replace … (More)

How to Find the Cheapest Car Insurance Companies
Are you interested in finding the cheapest car insurance companies? If you are in the market for a policy your answer is probably yes. Although finding the cheapest car insurance companies sounds … (More)

Legacy Modernization For Insurance
Modernizing legacy environments can reduce required maintenance time by over 50 percent and greatly reduce the technological footprint. This helps IT departments to reduce costs accelerate development cycles and assign valuable and often-expensive resources to new initiatives that can enhance – rather than just maintain – company performance. (More)

Getting Online Liability Car Insurance In TX
Texas is a state that has a higher than average level of drivers out on the road who failed to get insurance. Estimates tell us that about 4 million people will drive on a regular basis without paying… (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (2/26/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Wisconsin Senate OKs health insurance program for the poor (Pioneer Press)
The Wisconsin Senate on Thursday approved a state-run program to provide basic health insurance for thousands of low-income Wisconsin residents waiting for care. (More)

Blumenthal Wants Rate Hikes For Health Insurance Kept “Reasonable” (Hartford Courant)
Anger over rising health care costs swelled again Thursday as doctors, insurers and politicians debated whether the state is adequately regulating insurance rate hikes. (More)

Health insurance reform stirs passion (UPI)
WASHINGTON, Feb. 25 (UPI) — 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. (More)

Newt Gingrich slams House for ‘attack on insurance companies’ (The Christian Science Monitor)
Former House Speaker Newt Gingrich blasted the House of Representatives what he called an ‘attack on insurance companies.’ On Wednesday, in a bipartisan vote, the House stripped health insurance companies of their exemption from federal antitrust laws. (More)

Health Insurance Competition Vanishing: Study (HealthDay via Yahoo! News)
THURSDAY, Feb. 25 (HealthDay News) — Competition in the health insurance industry is vanishing, according to an American Medical Association report that looked at data from 43 states and 313 metropolitan markets. (More)

Insurance Articles

Understanding the Language of Insurance Quotes
Getting insurance quotes may be easy for some people. Those people are the ones that fully understand the world of insurance. For those who don’t understand the terms it might be harder to get a good insurance quote in little time. (More)

Insurance Programs For All Seasons
If there is one thing that characterizes life more than anything else it is the unpredictability surrounding it. One can never be sure what could really happen the next week, the next day or for that matter the next moment. (More)

Be Sure to Check the Additional Options Available
Whether you decide to opt for level term or decreasing life insurance, you will need to be sure that you go over the policies to see what options are available for you to consider. This is because insurance is a commodity that is specifically designed to match up with each person’s individual needs, and because of this they have worked to make sure that the additional options are available for people who want to utilize them. This means that with a little time and research you can be sure that you are getting an insurance policy that will be tailored to your lifestyle and needs. (More)

Other Coverage of Pet Insurance Policies
Coverage of pet insurance products is varying substantially. Most of the time, the insurance covers for hospitalization, treatment, and other veterinary expenses. However, some insurers offer much mor… (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (2/19/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

PM to pursue health insurance rebate (BigPond News)
Kevin Rudd won’t rule out an early election over means testing private health insurance rebates. (More)

Health insurer Humana plans to cut 1,400 jobs
Health insurer Humana says it will cut about 1,400 jobs as it pushes to save money and adjust to a smaller enrollment.The Louisville insurer says it will balance 2,500 job cuts with 1,100 additional jobs in growth areas like pharmacy management and specialty products. (More)

Metlife, AIG Deal May Be Paused By Tax Dispute: WSJ
The pending $15 billion sale of a unit of American International Group to MetLife may be pushed back by a tax dispute that may require a ruling from the Internal Revenue Service, the Wall Street Journal reported. (More)

Fairfax’s Zenith deal fuels insurance rate hope (Market Watch)
Fairfax Financial Holdings’ agreement to buy Zenith National Insurance may be a sign that prices in the industry will start rising again soon, analysts and investors say. (More)

Obama Admin. vs. Health Insurance (ABC News)
A new report shows that in 2009 health insurance companies bumped up their profits over 50 percent. Meanwhile, over 2.7 million people lost their coverage all together. Insurance – Health insurance – United States – Financial Services – Business (More)

Insurance Articles

Getting Insurance Quotes Instantly
Although insurance is a matter where one shouldn’t look for instant gratification and get the first thing which comes to the sight. Insurances provide a lot of help financially and other wise in case of emergencies like clinical or dental operations, during car accidents, for property, pets, house etc. A thing which provides such security should be respected with enough time and consideration. (More)

Deciding the Level of Mortgage Payment Protection Insurance Cover
Mortgage payment protection insurance (MPPI) is a private insurance policy designed to cover mortgage loan repayments should the policyholder suffer an accident, sickness or unemployment. Individuals considering MPPI have the option to cover their full monthly loan payments and their associated home costs (both within certain limitations). (More)

Term Insurance Rates – Two Ways of Obtaining Quotes
People would now find insurance coverages as something important or a necessity and not just a status symbol or an issue of conformity with the modern financial trends. With this, many people are starting to look for term insurance rates on the internet as well as calling the insurance providers themselves. (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (2/12/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Convicted Loren-Maltese keeps Cicero insurance benefits (Chicago Tribune)
Health care no problem for soon-to-be-free politician guilty in $12 million scheme Former Cicero President Betty Loren-Maltese, who has completed an eight-year prison term for her role in a scheme that robbed the town of more than $12 million, is expected to take up residency at a Chicago halfway house next week. Her friends say her first big step will be to find a job; her health insurance, on … (More)

Insurance reinstated after mysterious glitch (Chicago Tribune)
For Dion Shaw, health insurance is a necessity. (More)

Convicted Loren-Maltese keeps Cicero insurance benefits (Chicago Tribune)
Former Cicero President Betty Loren-Maltese, who has completed an eight-year prison term for her role in a scheme that robbed the town of more than $12 million, is expected to take up residency at a Chicago halfway house next week. Her friends say her first big step will be to find a job; her health insurance, on the other hand, isn’t much of a worry. Cicero officials this week confirmed that … (More)

Insurance earnings drive Suncorp profit higher (The Age)
Suncorp-Metway has announced first-half profit rose as much as 45 per cent as its insurance business benefitted from more favourable weather conditions and higher investment returns. (More)

Burlington shareholders approve sale to Berkshire
Standard & Poor’s has followed through on its warning and lowered Berkshire Hathaway Inc.’s long-term credit rating Thursday as the Omaha firm readies to acquire Burlington Northern Santa Fe Corp. (More)

Insurance Articles

Checking Legitimacy of Insurance Companies
Going online is the fastest and easiest way to look for insurance quotes. One doesn’t need to leave the comfort of their desks and can check out up to 10 times more insurance quotes as they would have had while calling or visiting several insurance agencies. (More)

Online Insurance Quotes – Why Visit Numerous Insurance Seminars? Get Free Estimates at Home
We often see our friends and neighbors visiting many insurance companies and attending many insurance seminars in their bid to understand there’s concept better. They seem very serious about the entire matter because they know that hundreds and thousands of dollars is at stake here. Even if you save a hundred dollars per month every year, you will be saving a lot of money over a period of 20 to 25 years. (More)

Find Your Insurance Policy by Using Online Quotes – Compare and Find the Best Rates Online
What are the benefits of relying on multiple insurance quotes on the World Wide Web to find the best insurance deal? For starters, you will find the best deal in the shortest time possible. The actual time required to fill in the information on the website is very less. (More)

How To Compare Prices For High Risk Auto Insurance Companies
High risk auto insurance companies provide insurance to individuals unable to get service through a standard company. This variety of coverage is higher is price for the policy and will vary in covera… (More)

Four Benefits of Term Life Insurance
Term life insurance provides the most effective coverage for the lowest possible cost to the consumer. Life insurance rates for term coverage can be significantly less expensive than other types of co… (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (2/5/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

UPDATE: Bank of Beijing Cleared To Buy Into ING Insurance JV (Fox News)
UPDATE: Bank of Beijing Cleared To Buy Into ING Insurance JV (More)

Kansas part of Nationwide Insurance settlement (The Wichita Eagle)
Kansas has received $415,000 from a five-state, $2.1 million settlement with the Nationwide Insurance Co. over questionable annuities sold by Overland Park-based Waddell & Reed Inc., the Insurance Department announced Thursday. (More)

Bill allows commissioner to give insurance discounts (The Biloxi Sun Herald)
An amendment that passed the state House on Thursday would allow the insurance commissioner to give discounts to homeowners who build their homes using strong construction techniques. (More)

Insurance co. claims Okla St can’t recover $33M (AP via Yahoo! News)
The insurance company sued by billionaire booster T. Boone Pickens and Oklahoma State’s athletic fundraising foundation claims the university breached its contract and has no right to recover $33 million in premiums. (More)

Zurich Financial Q4 profit increases five-fold
Swiss insurer Zurich Financial Services Group on Thursday reported a five-fold increase in fourth-quarter net profit thanks to higher premiums and fewer writedowns. (More)

Insurance Articles

Online Insurance Quotes – How to Ensure You Get Lower Rates For the Coverage You Need
Do you want bigger savings on any insurance policy? Then read this to learn the most effective way to get and compare online insurance quotes for massive savings. (More)

Professional Indemnity Insurance – Peace of Mind Ensured
For any organisation business professionals working in the company are the ones who bring about a difference. However unforeseen situations may occur when professional indemnity insurance cover can be a godsend. (More)

Be Careful When an Insurance Broker Tries to Replace Your Policy
An insurance broker may try to sell you on one big policy to replace the various smaller ones you carry on your home and its furnishings. Is it a bargain? (More)

Different Types of Farmer’s Insurance
Farmer’s insurance is the best way to manage different sources at right time and at proper place. This way can improve your operations and utilize them in the progress of your firm. All the insurance companies would follow the terms and conditions of Farmer Underwriter Association. (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (1/29/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Greenhill invests $20M in insurance brokerages (AP via Yahoo! Finance)
Private equity manager Greenhill Capital Partners said Friday it invested $20 million a Michigan-based owner of insurance brokerages. (More)

Calif. Insurance Commissionr Insurance Says His Post Should Be Appointed (Insurance Journal)
California Insurance Commissioner Steve Poizner said that his position has become too politicized and should return to being one that’s appointed by the governor. Poizner, who is seeking the … (More)

Moody Insurance Acquires Smallwood Financial Services (dBusinessNews.com)
DENVER, CO, January 29, 2010– Moody Insurance Agency (“Moody Insurance”) today announces the acquisition of Colorado-based Smallwood Financial Services (“Smallwood Financial”), making Moody Insurance one of the largest, private, small-mid size insurance and benefits provider in the state of Colorado. (More)

Ping An Insurance Says 2009 Profit May Jump 1500% (Update1) (Bloomberg)
Jan. 29 (Bloomberg) — Ping An Insurance (Group) Co., China’s second-largest insurer, said that 2009 profit rose more than 1500 percent, citing unaudited figures. (More)

Little progress seen against health insurance fraud (USA Today)
Two years after a crackdown, the number of people charged with health care insurance fraud has barely changed, the Justice Department says. (More)

Insurance Articles

Secrets to Auto and Home Insurance
You can find tons of sites that address saving money for auto and home insurance but no answers. Pick your own price with Progressive, why this doesn’t work. (More)

Use Austin Home Insurance For Safety and Satisfaction
For most homeowners, their home is one of the most important assets that they are likely to own. This is not only because of what it costs to purchase and own a home but also because it houses your m… (More)

Understanding The Ins And Outs Of How Workers Compensation Works
Getting hurt around the job is generally painful in more ways than one. Not only is a person physically injured, but he or she can lose income resulting from the injury. What’s more, there can be medi… (More)

Life Insurance, Auto Insurance, and More in Alaska
This article provides the reader with information on the different types of insurance available in Alaska. The article is divided into four parts to make it easier for the reader. It deals with the broad topics of Home Insurance, Health Insurance, Life Insurance, and Auto Insurance. (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (1/22/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Health Insurance: Are you owed a refund? (11 News Houston)
  HOUSTON—Critics of what big insurance companies charge for health plans say Texans are due a big refund. By one estimation, the companies took in $196 million over and above what some believe can be justified. And that was in a single year. “In some years, under half of premium dollars they took in were spent on health care,” said Stacey Pogue of the Center for Public Policy Priorities, a … (More)

Briefly in Business: Williams Insurance Agency honored for volunteerism (Press & Sun-Bulletin)
Trumansburg Williams Insurance Agency received the Allstate Independent Agency Hands in the Community grant award for its commitment to volunteerism. (More)

Washington Legislature must ban the insurance industry’s use of credit scoring (Seattle Times)
Washington Insurance Commissioner Mike Kreidler wants the state to ban the use of credit-scoring by insurance companies. People are finding insurance rates increased when they take advantage of no-interest offers — such as 90-days-same-as-cash deals — or used a store credit card to buy furniture. (More)

Get views of all on insurance scheme (The Star)
I UNDERSTAND from the 2010 budget that the Government proposes to have a new insurance and takaful scheme for motorists. It was also disclosed that the proposal was for policy holders to receive their compensation without delay. (More)

Insurance Articles

Mortgage Life Insurance Leads Through the Internet
For any insurance agent mortgage life insurance leads can prove to be a good profit centre. A lot of people try to secure their health so as to get support if in the future they need to buy any health insurance but without the need to pay the full value of the bills. (More)

Online Insurance Quotes – How to Save Money to Pay the High Deductible on Your Policy?
It is common knowledge that paying a higher deductible will bring down the cost of insurance. However, despite this, there are a large number of persons who continue to pay low deductibles on the insurance policy. They do so despite this wonderful option available at their disposal. (More)

It Is Not Wise To Tempt Fate By Having Inadequate Buildings And Contents Insurance
Although no one ever dreams that any type of disaster will befall them and their property, these incidents do occur and people do suffer tremendous losses. That’s why it’s always important to make … (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (1/15/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Singh Calls for More Coordination to Tackle Global Risks
Jan. 14 — Raj Singh, chief risk officer of Swiss Reinsurance Co. and co-author of the World Economic Forum’s global risk report, talks with Bloomberg’s Francine Lacqua about threats to the world economy. (More)

Accord Reached on Insurance Tax for Costly Plans (New York Times)
WASHINGTON — The White House, Congressional leaders and labor unions said Thursday that they had reached agreement on a proposal to tax high-cost health insurance policies, resolving one of the major differences between the House and the Senate over far-reaching health legislation. (More)

UPDATE: US Union Leaders Welcome Deal On Health-Insurance Tax (Fox News)
UPDATE: US Union Leaders Welcome Deal On Health-Insurance Tax (More)

China Insurance Industry Shouldn’t Be Blindly Optimistic, Xinhua (Bloomberg)
Jan. 15 (Bloomberg) — China’s insurance assets management companies should strengthen risk control and shouldn’t be “blindly optimistic”, Xinhua news agency reported today, citing Wu Dingfu, chairman of the China Insurance Regulatory Commission. (More)

Democrats Agree To Tax On High-Cost Health Insurance Plans (Fox News)
Democrats Agree To Tax On High-Cost Health Insurance Plans (More)

Insurance Articles

Critical Insurance Coverage Types You Must Have
It is wise to own certain frequently owned and some not so familiar insurance types. A well thought out insurance protection plan can prevent the derailment of a lifetime of planning. (More)

What Might Affect Your Car Or Auto Insurance Rates?
Every insurance company will have certain factors based on which they determine the policy rates. These factors include your driving record, credit ratings, driver’s sex or gender, age of the driver, … (More)

Can You Pay Less If You Drive Less on Insurance?
If you are using your husband’s car or you have your own vehicle but you don’t drive every day then there is no need to purchase a regular policy. You can opt for a more flexible one which offers you … (More)

Some Tips That Help You to Get Individual Health Insurance
The future is full of uncertainties. Nobody can predict what will happen upon him in the near future. Suppose you’re unexpectedly infected by a serious illness & you need to consult a doctor. It sugge… (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (1/7/2010). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

There’s More to a Travel Insurance Policy Than Just Money Say Go Travel Insurance (Marketwire)
BASILDON, UNITED KINGDOM–(Marketwire – Jan. 7, 2010) – With the news that overseas call centres continue to lead the way in customer frustrations, Go Travel Insurance are today advising travellers to consider customer service, as well as price and level of cover, when choosing a travel insurance policy. According to a nationwide poll of 2,000 consumers conducted in November by YouGov on behalf … (More)

Angie’s List: Save on your homeowner’s insurance (ABC Action News Tampa Bay)
With everyone stretching dollars these days, Angie’s List has some advice for cutting expenses in a place you might not have thought of: your homeowners insurance policy. (More)

Free job-loss mortgage insurance? (Bankrate.com via Yahoo! Finance)
Insurance — often for free — can pay your mortgage in the event you lose your job. (More)

Global travel group opposes proposed Delta-JAL tie-up as eroding competition
A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition. (More)

Acuity Brands 1st-quarter profit rises 20 percent
Lighting-equipment maker Acuity Brands Inc. said Wednesday its fiscal first-quarter profit rose 20 percent as the company cut costs to offset lower sales. (More)

Brown & Brown buys Alamo Insurance
The purchase price was not disclosed in a release announcing the acquisition. Alamo Insurance Group, headquartered in San Antonio, Texas, has annual revenue of about $4.3 million, the release said. (More)

Insurance Articles

Diamond Insurance – Know Your Basics
Having your diamond insured is something you should consider when you are thinking about safeguards around your diamond. When you buy an expensive car, for example, you wouldn’t think twice about insuring it, so why should a diamond be any different? (More)

Information About Online Auto Insurance Comparison
When a lot of people are online they hardly consider using the internet for finding information about auto insurance. For the most part people are busy in online chat rooms discussing matters of minor… (More)

Why You Need Auto Insurance Quotes Online
Some people may assume that they need an insurance because it is the only way they can get over with their registration in order to drive. With this in mind, they ask for the cheapest insurance or the… (More)

Insuring Your Risk
A business owner needs to know the basics of insurance. Reviews what types of insurance to purchase for your business. (More)

8 Ways to Get Yourself Covered by Insurance
There are 8 different kinds of insurances. Life insurance is the wrong name altogether. What we’re really talking about here is death insurance. If you die, the people you’ve named as heirs in the policy get some money. (More)

This newsletter is provided by 99Insurance.com.

Dear 99Insurance.com Readers,

Welcome to the Insurance Newsletter (12/31/2009). In this edition we have included news, articles and videos. You can find more resources on our website: 99Insurance.com.

Insurance News

Post: AIG Worried About Its Condition One Year Before Bailout
The former chief of American International Group’s Financial Products unit, which developed its business of insuring holders of mortgage-backed securities against the risk of defaults, fielded “probing e-mails” coming “from every direction” inside the company during the summer and fall of 2007, the Washington Post reported Wednesday . (More)

Car Insurance Premiums to Rise for Many Louisiana Drivers (Insurance Journal)
A law that goes into effect Jan. 1, 2010, increasing the required minimum liability auto insurance coverage is expected to increase insurance rates for more than 1 million Louisiana … (More)

Govt gives GMAC $3.8B in new aid, boosts stake
The government gave GMAC Financial Services another $3.8 billion in cash and took a majority stake in the auto lender, aiming to stabilize the company as it struggles with big losses in its home mortgage unit. (More)

Government insurance for long-term care likely to slip into final healthcare bill (Los Angeles Times)
The plan would let any employee pay into the program and later receive benefits for in-home assistance to the elderly and disabled. The proposal has drawn majority opposition but little attention. A government insurance plan to provide in-home assistance to the elderly and disabled is poised to become law despite a majority of senators voting against including the proposal in the healthcare … (More)

Insurance Articles

Buy Only the Insurance Policy You Need
We’ve all been faced with one loss or the other in life like auto accident (damage to a car by us or by another driver), earth quake, flood, fire, loss of job, etc. Which makes everyone talk of the purchase of every available type of insurance policy for something that one can’t help. (More)

Should You Carry Life Insurance?
Any life insurance broker will recognize how hard it can be to even get somebody to listen to the benefits of getting a life insurance policy. It’s likely because people tend to link policies generall… (More)

What is a New Build Warranty?
A new build warranty is a type of insurance taken out by the house builder and is aimed at protecting them for ten years against defects in the homes they build. The home builder pays for putti… (More)

Finding Cheaper Insurance Quotes
We all wish to make savings on our insurance but in the past residents of Northern Ireland have often struggled. However, it may be possible to find cheaper insurance quotes Northern Ireland with a specialist website. On such a website, you are given access to companies that do offer insurance to residents, which may save you a great deal of time and effort. (More)

This newsletter is provided by 99Insurance.com.