Archive for January, 2008

Zurich?s car insurance

January 31st, 2008

Zurich?s car insurance policies have been tailored to appeal to as many drivers as possible, giving piece of mind and great value cover including:

10% discount when you purchase a Zurich car policy online
Up to 65% no claims discount
Depending upon the policy chosen cover may also include as standard:

Complimentary courtesy car while yours is being repaired by one of the company’s approved repairers
Free cover for up to 60 days per trip whilst driving your car in EU and associated countries

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(CEP News) Montreal - U.S. monoline bond insurers could be downgraded as early as today, CNBC on-air editor Chalie Gasparino reported Wednesday. Hedge fund manager Bill Ackman, a short seller of MBIA, sent a letter today that will show losses at each Continue …

JEFFERSON CITY, MO - The department today announced the revocation of Joseph E. Warden’s insurance producer license.Warden, New Albany, Ohio, misappropriated over $600,000 from Capital Reserve Life by using funds intended to reimburse employees’ medical Continue …

HONG KONG, Jan 31 (Reuters) - Investors sold financial stocks and the dollar on Thursday as concerns about two top U.S. bond insurers’ credit ratings reinforced fears about the health of the U.S. economy. Speculation on financial television network CNBC Continue …

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Car insurance help! Looking for opinions (progressive vs. state…

January 30th, 2008

What cover do I have for using my car abroad?
All of our motor insurance polices provide the minimum level of cover that is required to enable you to drive in:
Any country which is a member of the European Union and
Iceland, Norway, Switzerland, Liechtenstein and Croatia
They also give you the same level of cover that you enjoy in the UK (e.g. Fully Comprehensive) for trips of up to 30 days to these countries.
If you are to use your car in excess of 30 days for any one trip in these countries or you are visiting any other countries, you would need to contact us before you travel, get our written agreement to extend cover and pay any additional premium requested.

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Car insurance help! Looking for opinions (progressive vs. state…
So last night I got to thinking about how ridiculously high my car insurance rates are, but I also know that part of the high rate is due to living

One Reason to Move to England
…uk/, an easy-to-use website that covers a lot of the things you need for car ownership, from car loans, to car insurance, to used cars you can…

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Monoline Insurance: There’s a New Sheriff in Town…

January 29th, 2008

What type of cover is available?
There are three types of cover that are available from a Private Car Insurance policy - Comprehensive, Third Party Fire & Theft and Third Party Only.
Comprehensive cover means you will be covered for loss of or damage to your vehicle caused in an accident, or by vandalism, fire, or theft. You are also covered for damage you cause to other people’s vehicles or property in an accident, or for injuries they sustain. This cover also includes additional benefits such as personal accident cover, medical expenses and cover for your personal belongings in your vehicle.
Third Party, Fire & Theft cover means you will be covered for loss of or damage to your vehicle caused by fire or theft. You are also covered for damage you cause to other people’s vehicles or property in an accident, or for injuries they sustain.
Third Party Only cover means you will be covered for damage you cause to other people’s vehicles or property in an accident, or for injuries they sustain.

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The monoline insurers — the firms that issued default insurance on muni bonds that never default — have been buried by more than a trillion dollars worth of derivative bets, more than 10% of which have gone bad. That $130 billion worth of CDO/CDS Read more..

Three in four (75%) British adults believe that dishonesty is rife in today’s society, and almost half (46%) believe the UK has seen a significant shift in attitudes over the past decade, leading to a society that is more tolerant and accepting of Read more..

The third quarter review of the macro economic and monetary developments by RBI comes in the backdrop of heightened global economic uncertainty. The RBI Governor has resisted the pressure to cut policy rates and maintained status quo on all policy rates. Read more..

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Crisis Averted

January 29th, 2008

What if my vehicle is not kept at my home address?
The vehicle must usually be kept overnight at your home address. If this is not the case, please call us on 0800 99 1066 for a quotation.
What do I do if my vehicle is not kept on my driveway or in my garage overnight?
If your vehicle is parked anywhere other than on your drive or in your garage when it is at your home address e.g. in a nearby car park or compound, you should select the “Road” option.
How do I know whether the security devices fitted to my vehicle are acceptable to you?
If your vehicle is fitted with one or more security devices detailed below, please select the relevant description on the quotation. If your vehicle is not fitted with any security device or one that is not detailed below, please select “None”.
Alarm - the device must be an electronic car alarm and must be in working order.
Immobiliser - the device must be an electronic immobiliser that is activated either remotely or when the key is removed from the ignition and must be in working order. Many car manufacturers fit these devices to their vehicles as standard.
Mechanical immobilisers, such as a steering wheel or gear box lock, do not qualify.
Tracker - the device must be a vehicle tracking device that is fully operational at all times, when your vehicle is parked and left unattended.
Any security device you select will be a condition of your policy. If you are in any doubt as to whether your security device complies, please either do not select an option or call us on 0800 99 1066 for assistance, otherwise it could invalidate your cover in the event of a claim.

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Crisis Averted
Then there was the car insurance crisis, the details of which are too boring to relate here. Basically Massachusetts sucks, insurance sucks, DMV’s…

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Direct Line Car Insurance ? save 10%

January 28th, 2008

Buy Direct Line Car Insurance online and receive a 10% discount. You?ll also benefit from interest free monthly instalments (subject to status) and a 25% introductory discount off Direct Line Home Insurance. If you choose one of Direct Line?s repairers, your car will be collected and delivered for free, cleaned inside and out and the repair work will be guaranteed for 5 years.

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Struggling Friends Provident puts the final touches to strategy
The board of Friends Provident will meet today to hammer out the final details of its long-awaited strategic review, which is due to be announced on Thursday. The struggling insurer is in talks with JC Flowers, the American private equity firm, over a

New iniative aims to cut young driver car insurance premiums
Almost one million young people (912,000) have been in, or know someone who has been in, an accident at night in the last three years, according to new research from car insurer More Than. Despite representing only 10% of the total driving population, statistics show that young car drivers are involved in over a quarter (28%) of all accidents where a driver is killed or injured. In a move aimed

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Movers: Microsoft, Nokia, Ambac, E*Trade, Amgen

January 27th, 2008

I have more than one occupation - which one should I select?
If you or any driver has more than one occupation, please call us on 0800 99 1066 for a quotation as we are unable to offer you an on-line quotation.
What do I do if I do not know the registration number of the vehicle?
When entering the details of your vehicle, if you do not have a registration number, please just click on “Get Vehicle” and select your vehicle from the drop down boxes.
If you know the registration number of your vehicle, enter this and click on “Get Vehicle”. We will find the vehicle details for you and ask you to confirm these are correct. If the incorrect vehicle details are shown, please click “no” and proceed to manually select the correct vehicle.
If you have not previously entered a registration number during your quotation you must enter it on the Summary page when buying your policy.
Please note that we can only cover vehicles that are registered with DVLA (Swansea).
What is Estimated annual mileage?
This is the total mileage that you estimate that your car will do in the next year, including use by you and any named driver, for pleasure and business purposes (if included).
If I have to make a claim, will the value I enter be the amount you will pay me for my vehicle?
Please note that in the event of a total loss, we will pay the market value of your vehicle immediately before the loss and not the estimated value you have given. If your vehicle is less than 12 months old at the time of the loss, we will replace it with a new vehicle of the same make, model and specification - see the Car Insurance policy for the terms and conditions.

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billion a year ago, fourth quarter net profit on 34% revenue rise. Expects very slight growth for the mobile and fixed infrastructure and related services market in euro terms in 2008. S&P maintains sell Harley-Davidson (HOG) posts $0.78, vs. $0.97 a Continue …

Homes at risk of flooding might be refused cover after insurers warned that flood-defence funds announced by Alistair Darling are insufficient Flood Continue …

OMAHA, Neb. (AP) — TD Ameritrade’s chief executive, Joe Moglia, received compensation the company valued at nearly $7.6 million in fiscal 2007, but Moglia and other executives at the online brokerage received only 90 percent of their annual incentives. Continue …

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Bond insurer group says no taxpayer aid sought

January 26th, 2008

Which employment status should I select?
When identifying your occupation we first ask “What is your employment status”? The list of adjacent occupations and employer business types are then customised according to your employment status. For example, selecting an employment status of “Household Duties” will customise the occupation list to show only the applicable “Housewife” and “Househusband” entries and will default employers business type to “Not in employment” making your occupation selection easier. Similarly, selecting an employment status of “Full time Education” will show only those occupation entries relating to student activities where you are “Not in employment”.
I cannot find an exact match for my occupation or employer’s business?
If you cannot find an exact match, please select the description that most closely matches the occupation or business. If you still cannot find a match, please call us on 0800 99 1066 and we will help you.

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Bond insurer group says no taxpayer aid sought
The Association of Financial Guaranty Insurers, which represents firms, including industry leaders MBIA Inc and Ambac Financial Group Inc , said its members are determined to preserve their good credit ratings. Fallout from the subprime mortgage crisis

Manulife May Gain As U.S. Government Agencies Shun Bond Insurers
Extract not available.

Avoid a holiday insurer dispute
As the peak holiday season approaches, it’s vital to make sure travel insurance is watertight. Top of the list for disputed claims are those bearing on the health of family members family on beach

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Cover your child as school starts

January 25th, 2008

As the school year begins, it’s vital to ensure your children are properly insured, whether it be for losing valuable equipment or suffering a sports injury School children at desks Read more..

Car insurers are linking up with police to send a tough message to drivers without insurance Crushed Car Read more..

Thousands of older people lured into buying life insurance by daytime television advertising are seeing their savings and cover go up in smoke The Pratts - Whole-of-life mis-selling. Read more..

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Buffett move boosts Swiss Re

January 24th, 2008

Buffett move boosts Swiss Re
Warren Buffett’s Berkshire Hathaway group has taken a 3 per cent stake in and struck a commercial alliance with Europe’s Swiss Re. The move, which lifted shares in the world’s biggest reinsurance company on another day of downturn in global stock

U.S. STOCKS - Dow soars near 300 points as banks, insurers rally
NEW YORK (Reuters) - U.S. stocks snapped a five-day losing streak on Wednesday, with the Dow surging nearly 300 points on optimism that a government plan to rescue ailing bond insurers is taking shape and could prevent billions more in credit losses. The

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Privilege car Insurance

January 23rd, 2008

If you haven.t claimed in the last 4 years, we guarantee to beat your renewal quote. Get 25% introductory discount when you buy Privilege Home Insurance online


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BEIJING — China will allow the nation’s banks to buy equity stakes in insurance companies to help expand their sources of revenue and reduce risk, the banking and insurance regulators said. Cooperation between banks and insurers ‘will improve and Read more..

Joseph H. Moglia joined TD Ameritrade Holding Corp. as Chief Executive Officer in March 2001. Mr. Moglia joined the Company from Merrill Lynch, where… Full Bio | | Reprints NEW YORK, Jan 22 (Reuters) - Online brokerage TD Ameritrade (AMTD.O: Quote, Read more..

BEIJING_A major Chinese insurer has announced plans to raise up to US$22 billion for acquisitions at a time when U.S. and European banks, battered by mortgage losses, want infusions of Asian capital to replenish their balance sheets. Read more..

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