Mar. 7–Area police officers rounded up scores of residents with outstanding warrants Saturday, part of a statewide focus on reducing the backlog of misdemeanor citations that will continue for a week…  Read More →

Everybody would love to have the “best” when it comes to just about anything and this should be especially true when it comes to car insurance companies. Consumers must take a moment to understand what makes up an ideal carrier before they can locate one and they must also realize that a good insurer for them may not be the right one for another individual. So if a friend or loved one refers you to a particular coverage provider... 

American International Group, Inc. (AIG) has announced it plans to sell its remaining shares in Transatlantic Holdings, Inc. (TRH). The shares are owned by American Home Assurance Company (AHAC), one of AIG’s subsidiaries. AHAC intends to try and sell the shares on 9 March or earlier, when TRH will join the S&P Midcap 400 Index. The 9,192,662 common shares owned by AHAC comprise approximately 13.8% of TRH’s total shares. Ever since... 

RSA is convinced that economic recovery is on its way and warning UK manufacturing businesses to check out their insurance cover as orders increase. Since mid-2007, orders have decreased significantly, resulting in substantial job cuts and site closures. However, new figures from manufacturers’ organisation, EEF, show growth in both output and orders, and the insurer has identified risks that could be facing companies that have downsized... 

THB Clowes, the motorsport insurance specialist, has launched a new online quote system. The new system, On-Track, gives professionals and amateurs a quick and easy way to change their on-track insurance coverage. Managing Director Karen Ellis has expressed the firm’s pride at its intimate relationship with the motorsport business, and said that the firm has developed and continues to develop new products and services to cater to the needs... 

It is already an accepted fact that women are statistically safer drivers than men but a new study conducted by the AA has revealed that woman are also 150 per cent less likely than men to have a driving conviction. Women generally can expect to get cheaper car insurance than their men-folk and this research  Read More →

Insurance broker and risk adviser Marsh has announced the appointment of Phil Angus to lead the Financial and Professional (FINPRO) National business in the Northern Region. Angus formerly led Marsh’s insurance broking operations on the Isle of Man, a post he held for five years before his new appointment. Angus will be based in Manchester and supervise the strategic development and client services of FINPRO in the North. FINPRO National... 

“Building” has warned that insurance companies, including Aviva and AXA, may refuse to cover some UK buildings because of fire risk. According to the construction magazine, recent figures from insurance research body, RISCAuthority, indicate that 40% of fires involving a loss exceeding £150,000 are related to timber-frame and light-gauge steel-frame buildings. Concerns centre on the performance of fire-stopping devices in cavities... 

The Bank of England held the Bank Rate at 0.5% for the twelfth consecutive month on Thursday and, as widely expected, kept its programme of quantitative easing on hold, reports shareprices.com, a free…  Read More →

The Lone Star State requires that a motorist may not operate an automobile before establishing financial responsibility for the vehicle. Financial responsibility is a law used to ensure that compensation is in place for injuries or damages to property of another party that an individual may cause with their automobile as a result of a traffic accident. There are a couple of ways to comply with this law; a deposit or bond can be placed…  Read More →

With spring finally on its way, summer won't be long in coming (we hope!) and the country's university students will start heading home, many of them hoping to use their parents' car in the summer months. Temporary car insurance might be just the right option for them. Many students cannot afford their own insurance policy, and  Read More →

Novae Group plc has released its preliminary financial results for 2009. The firm recorded underlying pre-tax profits (excluding foreign exchange loss on non-monetary items) of £17.7m, down substantially on the £27.3m of 2008. Including notional foreign exchange loss the pre-tax profits were further reduced to £4.2m. Post-tax profits were recorded at £26.4m, down from £37.1m in the previous year. However, the firm did incur a £2.1m pre-tax... 

Capita Insurance Distribution’s pet insurance arm Thornside has announced it is collaborating with Home Retail Group to administer its new pet insurance programme in Ireland. Thornside presently offers home insurance via Home Retail Group’s UK-based brands Argos and Homebase brands and will expand upon this to provide the firm’s Irish Argos brand with sales, fulfillment services and claims handling services. Home Retail Group’s... 

Auger is claiming an industry first with the launch of a new insurance-backed warranty scheme. The drainage inspection specialist has developed DrainShield UK, an independent, stand-alone, decade-long warranty on any work carried out by the firm. Cover applies across both the commercial and domestic property sectors and is transferable from one property owner to another. Best of all, it apparently comes at no cost to the customer. Auger managing... 

Male drivers are almost one-and-a-half times more likely to have a motoring conviction than their female counterparts, although it should be noted that men are clocking-up 20% more mileage than women, on average. According AA research 18% of the UK’s motorists have at least one conviction (compared with 14% a decade ago) and 4% have two or more. A breakdown by offence is as follows: 85% for speeding; 9% for jumping traffic lights; 2% for...