January 21, 2008
Corporate Default Risk Soars to Record on Ambac Ratings Cut
Bloomberg - The bond insurance industry guaranteed $100 billion of collateralized debt obligations linked to subprime mortgages, $22 billion of non-prime auto loans and $1.2 trillion of municipal debt. New York-based Merrill Lynch & Co., the world's largest ...
From Corporate Default Risk Soars to Record on Ambac Ratings Cut
Posted by Ryan at 10:57 AM
N.J. back in driver's seat with insurance
TRENTON - New Jersey has fixed its auto insurance problem. Five years after the state deregulated the industry, the results are in, and by almost every measure the reform has been a resounding
From N.J. back in driver's seat with insurance
Posted by Joe at 10:24 AM
A recession touches many
St. Petersburg Times - Another sign that people are feeling the pinch is the growing number of Holly's customers who fail to renew their auto insurance until they get a threatening letter from the state. "Then they make a payment, but let it lapse until they hear from the ...
Posted by Tom at 09:49 AM
Lost phone key to theft
Baltimore Sun - Of a million auto thefts each year, about 400,000 cars are never recovered, according to the National Insurance Crime Bureau, an organization that tracks insurance fraud and vehicle theft. While many of those cars are dismantled in "chop shops ...
Posted by Rob at 08:59 AM
Car insurance industry against adding ER costs to coverage
Representatives of the auto insurance industry say two bills that require a $15,000 emergency room health plan on every auto policy sold in Colorado will drive up premium costs and force many to pay for the same kind of coverage two or three
From Car insurance industry against adding ER costs to coverage
Posted by Ken at 08:59 AM
N.J. back in driver's seat with
Philadelphia Inquirer - TRENTON - New Jersey has fixed its auto insurance problem. Five years after the state deregulated the industry, the results are in, and by almost every measure the reform has been a resounding success. Premiums are down. Competition is up. The number ...
From N.J. back in driver's seat with
Posted by Mel at 08:08 AM
January 20, 2008
Car insurance industry against adding ER costs to
Denver Business Journal - Representatives of the auto insurance industry say two bills that require a $15,000 emergency room health plan on every auto policy sold in Colorado will drive up premium costs and force many to pay for the same kind of coverage two or three times ...
From Car insurance industry against adding ER costs to
Posted by Rob at 05:06 PM
Florida's Allstate ban first big stand
When Florida Insurance Commissioner Kevin McCarty banned Allstate last week from selling new auto insurance policies in the nation's fourth most populous state after the company flouted a subpoena regarding its homeowners insurance business, he took the unprecedented step of linking the state's goals for homeowners policies to coveted car insurance
From Florida's Allstate ban first big stand
Posted by Ken at 12:32 PM
