HARRISBURG, Pa., March 15 /PRNewswire-USNewswire/ — Pennsylvania Insurance Commissioner Joel Ario today addressed how auto recalls may impact insurance coverage and urged consumers to respond to reca…  Read More →

Safeguard, one of the UK’s leading providers of caravan insurance, has launched an all new competition for 2010.Spin to Win gives customers the chance to win one of eight prizes ranging from GBP 50 of…  Read More →

Swinton Bikes, the specialist motorbike insurance division of the UK’s leading high street insurance retailer, is backing the campaign by Lincolnshire and Nottinghamshire police to improve road safety…  Read More →

The European Commission is to undertake an in-depth examination of insurance schemes that cover natural catastrophes, particularly flooding. The Commissioner for Internal Market and Services, Michel Barnier, recently told the European Parliament in Strasbourg that the study will identify examples of best practice and fix priorities at an appropriate level. The work will involve dialogue between Member States plus input from insurance experts and... 

Aviva has launched a series of online guides aimed at bringing brokers up to speed on the group’s claims process, so they can let policyholders know what to expect in the event of a claim. The series of six guides includes “The Little Book of Claims”, which explains Aviva’s overall claims service. The “Little Book” is accompanied by five guides detailing a specific class of business as follows: commercial motor... 

The Association of British Insurers (ABI) has issued advice regarding the proposed industrial action at British Airways (BA). Strikes are planned for the three days from 20th March, and the four days from 27th March, and the ABI reminds travellers that BA is responsible for flight arrangements and should therefore be contacted to discuss the options available. Travel insurance policies will set out levels of …  Read More →

The Grand Canyon State requires that motorists must show proof of financial responsibility before a vehicle can be registered in AZ; the state allows consumers to a few different ways to comply. Motorists have the choice to purchase a bond, certificate of deposit or deposit cash in the amount of $40,000 with the state; since this is not generally feasible since the average consumer does not have this amount of money lying around, therefore most... 

Lonmar Global Risks yesterday launched as a new and independent broking organisation, based in London and operating on the global stage. The firm was formerly known as SBJ Global Risks and following its rebranding will offer tailored insurance and reinsurance risk solutions to clients across more than 70 countries. The firm presently handles annual premiums exceeding $400m. Chief Executive Simon Rice has  Read More →

As Mothering Sunday approaches a little earlier this year, Defaqto has warned about the potential difficulties coping if a stay-at-home mum falls ill. Under most homemaker’s cover (part of income protection) insurers would not pay out for as long as 4 weeks. Defaqto Insight Analyst Ben Heffer has stated that many families have no plans in place to handle the situation should a stay-at-home mother fall ill or become disabled and be unable to look... 

The readers of This is Money, the Daily Mail’s personal finance website, have voted Saga Motor Insurance as the motor insurance provider with the best customer service. Five thousand of the website’s readership participated in the survey to discover which firm was considered the most trusted and equipped with the best customer service. Saga was also named the runner up for the best home insurance provider in both the best and most trusted... 

The Financial Services Authority (FSA), Office of Fair Trading (OFT) and Financial Ombudsman Service (FOS) are proposing to set up a consumer protection committee. In a discussion paper, the watchdogs state: “A key element in rebuilding consumer confidence in financial services is that firms carrying out activities regulated by the FSA and/or licensed by the OFT should treat complainants fairly.” The proposed new body would therefore... 

INSURERS paid out pounds 650million on weather-related claims in the coldest winter for 30 years, a trade body said yesterday.Around 335,000 claims were made between December 18 and January 13.The cou…  Read More →

Thousands of students in Florida believe that safety belts save lives and dozens of them throughout the state captured their artistic vision of how that happens when they entered GEICO’s annual Safe…  Read More →

GEICO Powersports has partnered with several local sponsors to raise money for the upcoming Bikers for Tykes and Troops Rally and Concerts to benefit the Children’s Hospital of The King’s Daughters …  Read More →

Most states in the U.S. mandate that drivers have some sort of automobile coverage to register and maintain registration on a vehicle and to legally operate an automobile. These requirements are designed to make sure that individuals who are involved in traffic collisions have a way of paying or receiving monies for injuries and/or property damage resulting from accidents. Although many states allow various ways for consumers to prove “financial...