Sunday’s Post 1/15/12 – Even though efforts to change auto accident repair laws in the State of Massachusetts have all failed in the recent past, a car insurance trade organization has renewed its efforts to change the laws which would support a more standard and fair process for setting repair shop charges. There is a…
Saturday’s Post 1/14/12 - Extreme weather and natural disasters have been hard on the profitability of both Auto Insurance and Homeowners Insurance Companies the last few years. Although many of these Car and Homeowner Insurance Companies are needing to increase rates this year, insurance analysts warn these premium payment increases may backfire if their customers are…
Thursday’s Pos 1.13.12 - The American Automobile Association (AAA) surveyed the connection between a persons driving advice and what those same drivers do when they actually drive their cars. The survey determined as many as 8 out of 10 drivers do not drive secured by a seat belt. These same drivers do not encourage their passengers to drive with a Safety Belt. Sadly; this includes their own children…
Thursday’s Post 1.12.12 – Allstate Auto Insurance Company shows their commitment to complete customer satisfaction with their program to pay customers who receive Poor Claims Service. Insurance Policyholders whom feel their claims needs were e not met are now eligible for a credit refund on their Auto Insurance Policy. Allstate will reimburse any Auto Insurance Customer…
Wednesday’s Post 1/11/12 - The Independent Insurance Agents Association & Brokers feel it should be the responsibility of Insurance Carriers and not the Insurance Agents to tell their customers their insurance policy is being cancelled. These notifications of cancellation affect Certificates of Insurance (COI’s), which are documents issued to both an insurance client and the clients customer which contain information on that client’s coverage amounts and abilities. Companies that…
Tuesday’s Post 1/10/12 - Technology is forcing all industries to change the way they do business. Both Auto Insurance Agents/Brokers and Auto Insurance Companies have not escaped this trend. Car Insurance Customers are now using their Smart Phones to request quotes and information and even purchasing direct car insurance coverage using Internet and their Cellular Phone. A new report outlines these changes and the auto insurance industry’s need to…
Monday’s Post 1.9.12 - Delaware’s Blue Cross/Blue Shield (BCBSD) announced an offer for twenty million dollars of assistance to the company’s DCF fund, upon approval of its joint venture with Philadelphia’s Highmark Health Insurance Concern. The funding will begin in the first quarter of 2012 and continue for 9 to 10 years. BCBSD has spent two million dollars since 2008. According…
Sunday’s Post 1.8.12 - A major Insurance Company which underwrite many products such as Auto Insurance, Homeowners Insurance, Title Insurance and Financial & Investment Services; Fidelity National (FNF) Inc. will off-load eighty-five percent of its personal coverage lines policies to a Memphis insurance carrier, WT Financial. WT Financial will buy the FNF Co, FN Property/Casualty Insurance Co, and Fidelity National Insurance Svcs., while…
In a 4 to 3 vote,. The case hinged on how a person get out of his or her car and whether the car door is attached to the vehicle or a part of the entire automobile its self. The plaintiff in the law suit against Allstate Car Insurance was awarded a large cash payment in accordance with Michigan’s zero fault system. The women was getting ready to leave for…
Friday’s Post 1/6/12 - The bottom line is; business owners in the United States have no plans to buy health care plans from or through the Federal government when Obama Care becomes fully available in 2014. The majority of those business owners polled think there’s no reason for the U.S. Federal Government to require medical coverage under the new healthcare law. The survey revealed…
Thursday’s Post 1.5.12 – Allstate Auto Insurance started the year with a little better news for its agents nationwide. Prior to the end of 2011, Allstate Insurance Company notified it agents it would be cutting its agents commissions by 20% This week the insurer has made revisions to that compensation plan that would have forced reps to incur cuts 20% in their earnings. …