Insurance News


  CheapAutosInsurance.Com Tracks Auto Bailout Developments
Dec 16, 2008
Since its inception in 2003, CheapAutosInsurance.com has cultivated a reputation for presenting accurate and comprehensive information. Over the past few weeks, as General Motors, Chrysler, and Ford have failed to gain support from Congress for a federal bailout to stave off bankruptcy, the site has assumed the responsibility of answering consumers' questions about how things got to this point. In a new section titled "Is the Auto Industry Bailout-Worthy?," CheapAutosInsurance's writers critical...


  Drivers Struggle With Rising Car Insurance Rates
Dec 16, 2008
Save Money by Maintaining Good Credit and Keeping Policies Current ICR Sari Martin, 203-682-8345 Sari.martin@icrinc.com or Susan Hartzell, 203-682-8238 Susan.hartzell@icrinc.com Auto insurance rates continue to rise, adding pressure to cash- strapped consumers. Some drivers are letting their car insurance policies lapse, by either not renewing on time or failing to pay their bills, according to Insurance.com. In light of this worrisome trend, the company is urging drivers to explor...


  Thieves Now Targeting Auto Insurance Customers With Telephone Scam
Dec 16, 2008
InsuranceBureau.com, Independent Insurance Information Resource, Reports the Ohio Department of Insurance Has Alerted Residents of the State to a New Auto Insurance Scam InsuranceBureau.com Eric Oster, 800-647-2164 Fax: 800-647-2142 marketing@itsol.us InsuranceBureau.com, independent insurance information resource, reports the Ohio department of insurance has alerted residents of the state to a new auto insurance scam. The scammers contact auto insurance customers via telephone and inf...


  Markel Teams With J.C. Stevens, Inc. To Protect Small Crane Businesses
Dec 17, 2008
RICHMOND, Va., Dec. 18 /PRNewswire/ -- Markel Insurance Company, a division of Markel Corporation, announced today a renewed commitment to its partnership with J.C. Stevens, Inc. (JCS) to administer a tailored insurance program for small crane companies and to work with the crane companies' local agents to arrange an appropriate insurance program for them. "Small crane operations represent a very specialized market with unique needs for insurance coverage. Without the expertise of a knowledgea...


  The NoClaimsDiscount.Co.UK Free Car, Home & Pet Insurance Giveaway
Dec 28, 2008
ABERDEEN, Scotland, December 29 /PRNewswire/ -- http://www.noclaimsdiscount.co.uk/ provides thousands of consumers and industry professionals with insurance related news all year long. Now, they are helping out their readership during this tough financial period by planning a string of free insurance giveaways. The first draw is on New Year's Day -- just a couple of days away. Each draw is free to enter and whether their following the newsfeed via an RSS reader or receiving each update by emai...


  Progressive Reports November Results
Dec 9, 2008
The Progressive Corporation today reported the following results forNovember 2008: (millions, except per share amounts and ratios)November 2008November 2007ChangeNet premiums written$926.9$912.82%Net premiums earned$1,050.3$1,048.40%Net income$137.5$93.048%Per share$.20$.1451%Pretax net realized gains (losses) on securities$100.1$30.8225%Combined ratio93.894.3(.5) pts.Average diluted equivalent shares671.2686.6(2)%(in thousands)November 2008November 2007ChangePolicies in Force:Total Personal ...


  New Georgia Law Affects Consumer's Auto Insurance Premiums
Dec 10, 2008
InsuranceQuotesUS.com Reports a Sudden Rise in Auto Insurance Rates in the State of Georgia; Auto Insurance Premiums Have Gone up Almost 7 Percent on Average in Georgia Due to a New Law That Does Not Require Insurance Companies to Get State Approval before Changing Auto Insurance Rates InsuranceQuotesUS.com Eric Oster, 800-647-2164 Fax: 800-647-2142 marketing@itsolinc.us InsuranceQuotesUS.com reports a sudden rise in auto insurance rates in the state of Georgia. Auto insurance premiums...


  SafeAuto Insurance Offers Tips for Thanksgiving Travel
Nov 24, 2008
To: LIFESTYLES EDITORS Contact: Dace de la Foret, Paul Werth Associates, +1-614-224- 8114, ext. 235, delaforet@paulwerth.com, for SafeAuto Insurance Company COLUMBUS, Ohio, Nov. 25 /PRNewswire/ -- SafeAuto Insurance Company is offering tips to make sure drivers -- and their cars -- are ready and able to make the long haul for the Thanksgiving holiday. SafeAuto, a company that provides state minimum coverage insurance to uninsured drivers, provides tips for consumers based on more than a deca...


  A.M. Best Removes From Under Review and Affirms Ratings of Palisades Group
Nov 25, 2008
A.M. Best Co. has removed from under review with negativeimplications and affirmed the financial strength rating (FSR) of B++(Good) and the issuer credit ratings (ICR) of "bbb" of the PalisadesGroup (Palisades) (Berkeley Heights, NJ) and its members. Theratings have been assigned a stable outlook. Concurrently, A.M. Best has removed from under review with negativeimplications and affirmed the financial strength rating FSR of B++(Good) and ICRs of "bbb" of the High Point companies (RedBank, N...


  Video: You Can Save Money on Auto Insurance!!
Dec 2, 2008
To: LIFESTYLES EDITORS Contact: For DVC Pro/Beta hard copies or more information, Susan Stolov, +1-202-638-3400, SusanStolov@WashingtonIndependentProductions.com; or Insurance Information Institute's Communications Department, +1-212-346-5550 Tips from the Insurance Information Institute on how to cut auto insurance costs by hundreds of dollars a year NEW YORK, Dec. 3 /PRNewswire/ -- The Insurance Information Institute says there are five things consumers can do to cut auto insurance costs...


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