Insurance News 11/2008 (Page 6)
Insurance cover lapse rate set to decrease (Business Standard India)
It may be a little harsh on policyholders who do not pay their premium on time but a uniform definition of lapse of insurance policy by Insurance Regulatory & Development Authority (Irda) is likely to ensure that more covers stay in force.
(Nov 27, 2008)
Village hoping to cut costs of insurance plan (Morris Daily Herald)
MINOOKA - The village will participate in a Minimum/Maximum Program with the Illinois Municipal League Risk Management Association as part of its insurance renewal.
(Nov 27, 2008)
Childrens health insurance priority for state (Green Bay Press-Gazette)
WASHINGTON Wisconsin has the nations fourth-lowest rate of uninsured children, but the director of a health advocacy group said the state could cover more kids if Congress expands the State Childrens Health Insurance Program, or SCHIP.
(Nov 28, 2008)
French government to offer credit insurance (VNU Net via Yahoo! UK & Ireland News)
The French government is aiming to boost the country's business by offering firms credit insurance in a bid to safeguard dwindling credit lines.
(Nov 28, 2008)
Condo insurance can be complicated, so ask questions (Anchorage Daily News)
If an earthquake, fire or theft should strike, is your home adequately protected? Unfortunately, only when the worst happens do we truly know. A devastating condominium fire last year caused us to reassess our insurance needs for a condominium unit we own. What we found was that condominium insurance was a lot more complex than we thought.
(Nov 28, 2008)
Case Considers Exclusions in Auto Insurance Policy (WOAI San Antonio)
The Texas Supreme Court must decide if an insurance company should pay in the case of a boy injured by a driver who was speeding away from police.
(Nov 28, 2008)
Regulator fines Hibernian Insurance €45,000 (RTÉ News)
The Financial Regulator has fined the Hibernian Insurance company €45,000 for breaches in the consumer code. The breaches relate to the non-disclosure of information when selling of optional extra benefits on motor insurance policies.
(Nov 28, 2008)
Texas court to decide if fleeing police voids Nationwide car insurance policy (The Columbus Dispatch)
AUSTIN, Texas (AP) - The Texas Supreme Court must decide if an Ohio insurance company should pay in the case of a boy injured by a driver who was speeding away from police.
(Nov 28, 2008)
Texas case considers exclusions in Ohio-based auto insurance company's policy (WKYC Cleveland)
AUSTIN, Texas -- The Texas Supreme Court must decide if an Ohio insurance company -- Nationwide Insurance -- should pay in the case of a boy injured by a driver who was speeding away from police.
(Nov 28, 2008)
Insurance cover lapse rate set to decrease (Business Standard India)
It may be a little harsh on policyholders who do not pay their premium on time but a uniform definition of lapse of insurance policy by Insurance Regulatory & Development Authority (Irda) is likely to ensure that more covers stay in force.
(Nov 28, 2008)
Braintree seems increasingly unlikely to join state health insurance plan (The Patriot Ledger)
Braintree’s chance to join a state health insurance plan may finally be dead. The police union’s president, leading a group of several unions, said the town’s offer fell far short. But the mayor said Wednesday that he remains optimistic an agreement can be reached.
(Nov 28, 2008)
Court asks insurance companies to be consumer friendly (Calcutta News)
A consumer court Friday reprimanded insurance companies for rejecting claims on flimsy grounds and asked them to be consumer friendly.
(Nov 28, 2008)
Small businesses get health-insurance options (The Florence Times-Daily)
An accessible and affordable health-insurance option for small business owners has been a recurring challenge for Steve Holt in his tenure as president of the Shoals Chamber of Commerce."I've been hearing it every week from our members for years," he said.
(Nov 29, 2008)
California fires an insurance wake-up call (Seattle Times)
Many homeowners in California have discovered that their homes that were destroyed by recent wildfires were underinsured. So who is to blame, the homeowners or insurance agents?
(Nov 29, 2008)
Losses major factor in setting insurance costs (Montgomery Advertiser)
The recent article on higher homeowners insurance rates in Alabama compares our average rate increase over the past five years with the national average. However, the article fails to compare losses in Alabama over the same past five years with the national average losses.
(Nov 29, 2008)
Crop disasters prompt record insurance payouts (Victoria Times Colonist)
Drought in the Peace River, cold snaps and hail in the Okanagan Valley, and a cool wet spring in the Lower Mainland amount to record payouts predicted to exceed $30 million this year under the provincial crop insurance program.
(Nov 29, 2008)
Judges seek to expedite insurance lawsuits (Galveston County Daily News)
Galveston County judges are devising ways to fast-track a predicted spate of Hurricane Ike-related lawsuits against insurance companies.
(Nov 29, 2008)
Celina Insurance Group to celebrate 50 years of business with Scharer Insurance (The Marion Star)
CELINA - Celina Insurance Group recently announced it will celebrate 50 years of doing business with the Scharer Insurance Agency of Marion.
(Nov 29, 2008)
Parents fighting insurance company (The Bryan-College Station Eagle)
AUSTIN -- The Texas Supreme Court must decide whether an insurance company should pay in the case of a boy injured by a driver who was speeding away from police ...
(Nov 29, 2008)
Commissioner’s court changes insurance and signs juvenile defendant agreement (Cleveland Advocate)
The Liberty County Commissioner’s Court voted to increase insurance coverage for county employees and their families. The vote expanded the limits for chiropractic, dental, orthodontic and preventive care.
(Nov 29, 2008)
State insurance costs going up, benefits cut (Williamson Daily News)
A vote on the final version of the 2009-10 plan by the Finance Board of Public Employees Insurance Agency health coverage will take place on Dec. 4 leaving many across the state concerned about the increased cost and loss of benefits.
(Nov 29, 2008)
Insurance cos ready to clear claims (Business Standard India)
Insurance industry is gearing up to clear claims from the attack on Mumbai even as many of the injured are finding it tough to produce the required documents.
(Nov 29, 2008)
Court to examine insurance policy in police chase (Houston Chronicle)
The Texas Supreme Court must decide if an insurance company should pay in the case of a boy injured by a driver who was speeding away from police.
(Nov 30, 2008)
State insurance costs going up, benefits cut (Williamson Daily News)
A vote on the final version of the 2009-10 plan by the Finance Board of Public Employees Insurance Agency health coverage will take place on Dec. 4 leaving many across the state concerned about the increased cost and loss of benefits.
(Nov 30, 2008)
Terror insurance (rediff.com)
As the country mourns the dead in the terror attacks in Mumbai and governments may announce compensation to the bereaved families - insurance claims may not really be settled easily - thanks to the 'fine print' and in fact, lack of a proper cover against terrorist violence.
(Nov 30, 2008)
See if lender will let you pay insurance, taxes (San Francisco Chronicle)
Q: Why does one have to pay monthly insurance payments in escrow to the lender? Also, after having paid this payment in escrow for five to six years, why can't this be canceled? A: First, let me express my view. I dislike the concept that homeowners have to...
(Nov 30, 2008)
5 things to know about travel insurance (Seattle Times)
A primer on what travel insurance covers, how much it costs and where to find coverage.
(Nov 30, 2008)
ESCONDIDO: Insurance requirements for cabs stirring debate (North County Times)
ESCONDIDO ---- A recent decision to triple the liability insurance requirements for Escondido cab drivers has raised questions about the survival of small cab companies in the city.
(Nov 30, 2008)
Insurance scammer to serve more than 5 years in prison (The Des Moines Register)
A Las Vegas insurance salesman who attempted to cash in on the deaths of 37 terminally ill people will spend more than five years in federal prison.
(Nov 30, 2008)
Include Life Insurance in Your 'Must Have' Budget (Lexington Clipper-Herald)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.
(Nov 30, 2008)
Terror insurance premium to rise (Business Standard India)
With terror attack claims likely to wipe out over 70 per cent of the Rs 700-crore terror pool, insurers are expected to chip in with additional funds to replenish the corpus and raise the premium paid for terrorism insurance.
(Nov 30, 2008)
Insurance cos ready to clear claims (Business Standard India)
Insurance industry is gearing up to clear claims from the attack on Mumbai even as many of the injured are finding it tough to produce the required documents.
(Nov 30, 2008)
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