Saturday, January 14, 2006

Auto insurers warn on rates (The Sacramento Bee) SAN FRANCISCO


Auto insurers warn on rates (The Sacramento Bee)
SAN FRANCISCO - Insurance industry officials defended their auto policy pricing practices Thursday, then warned regulators that revamped regulations would tax rural motorists and drive up rates for most California drivers.

New option makes car insurance affordable for low-income drivers (KESQ)
Car insurance isn't affordable for many drivers, with rates on the rise. Now there's a new option for low income drivers here in the valley. Here in California, one out of every four drivers doesn't have car insurance. Many simply can't afford it. And those who can say rates are still too expensive.

New, Controversial Car Insurance Fees (donga.com)
Under a controversial new auto insurance premium system, drivers have to pay extra when they violate traffic laws, even if they have not had a car accident.

Insurance fraud (phillyburbs.com)
The Burlington County Prosecutor's Office is slated to receive a boost in state funding this year to continue its crackdown on insurance fraud.

More Auto show (Detroit Free Press)
Actor Dennis Haysbert helped to kick off the launch of Allstate Insurance Co .'s Your Choice Insurance at the 2006 North American International Auto Show in Detroit on Tuesday.

Ameriprise Auto & Home Insurance Renews Partnership with Costco Wholesale (The Auto Channel)
GREEN BAY, Wis.--Jan. 1, 20063, 2006--Ameriprise Auto & Home Insurance and Costco Insurance Agency Inc., a wholly-owned subsidiary of Costco Wholesale Corporation, have renewed their current partnership for an additional five years.

BurlCo sees 100 percent increase in insurance fraud cases (Courier-Post)
A man who used a fraudulent insurance card to buy controlled drugs in Burlington County ended up in state prison for theft. Another man set fire to his car on the New Jersey Turnpike, the reported it stolen so he could collect insurance money. He landed in criminal court on arson charges.

Insurance Plans You Can Avoid (BusinessWeek Online via Yahoo! News)
At least once a week, offers for mortgage life insurance land in my mailbox. Without hesitation, these letters go straight to the shredder, as do the myriad offers for other "insurances" that I really don't need. Name a hazard of life, no matter how trivial or unlikely, and companies will offer to insure against it. The latest trend is insurance against the costs of identity theft -- which,

No-fault auto insurance, plagued by fraud, may expire (Palm Beach Post)
Florida's system of paying for medical care after a car accident will disappear unless lawmakers act this year.

The New Honda Civic Has It Covered (carpages)
Customers buying a new Honda Civic can now get free car insurance for seven days, so they can buy and then drive away. The new Civic is offered with free Hondacare 7-Day Driveaway insurance.

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