Friday, February 03, 2006

Trio charged in car insurance fraud (The Sacramento Bee)


Trio charged in car insurance fraud (The Sacramento Bee)
Two Sacramentans and a Galt man have been charged with conspiracy and insurance fraud for their alleged roles in a group whose members filed multiple damage claims after staging vandalism on the same two luxury cars.
Source: www.sacbee.com

Three arrested for alleged auto insurance scam (BizJournals)
Three Sacramento-area residents have been arrested for their alleged involvement in a "staged auto vandalism" ring, according to the California Department of Insurance.
Source: www.bizjournals.com

A.M. Best Affirms Ratings of State Auto Insurance Companies (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----Feb. 3, 2006--A.M. Best Co. has affirmed the financial strength ratings of A+ and issuer credit ratings of "aa-" for State Auto Insurance Companies . A.M. Best has also affirmed the debt rating of "a-" on the $100 million 6.25% senior unsecured notes issued by State Auto Financial Corporation and its ICR of "a-".
Source: biz.yahoo.com

State Farm cuts auto insurance rates, but not for all users (Detroit News)
State Farm is lowering overall rates for auto insurance in Michigan, but not all customers will get a break.
Source: www.detnews.com

Changes in Car Designs Dramatically Reducing Deaths (The Auto Channel)
Washington DC Fevbruary 3, 2006; The AIADA newsletter reported that design changes to cars recently adopted by automakers have significantly reduced the number of fatalities of car drivers struck by an SUV or pickup.
Source: www.theautochannel.com

ON THE EARIE: Alleged insurance scam leaves showmen unprotected (Amusement Business)
Doug Colbert is one of many carnival and circus owners who got caught in an insurance scam involving Richard Brooks and Associates of River Forest, Ill.
Source: amusementbusiness.com

POLICE BRIEFS: Police foil insurance scam attempt (Bradenton Herald)
A man hired an undercover officer to steal and destroy his car so he could collect on the insurance, authorities said.
Source: www.bradenton.com

Auto Insurance Rates To Drop by 2.5 Percent (Southern Pines Pilot)
North Carolina Insurance Commissioner Jim Long has signed an order requiring a 2.5 percent reduction in private passenger auto rates and a 6 percent reduction in motorcycle liability rates, effective May 15.
Source: www.thepilot.com

The car in front is a Volvo ad: marketers have designs on your motor (Sydney Morning Herald)
WANTED - 100,000 drivers willing to turn their cars into billboards. Anyone accepted, as long they party hard, drive often and their car is in good condition. In return a Sydney company will pay your registration, insurance and fuel costs. -
Source: www.smh.com.au

How to save money on auto insurance (Market Watch)
NEW YORK (MarketWatch) -- If you want to save money on your auto insurance -- and who doesn't -- ask your agent whether you really need that part of your policy known as collision and comprehensive coverage.
Source: www.marketwatch.com

Win the Car Insurance Game (The Motley Fool)
Just like credit cards, shopping around for car insurance can save you a bundle. Just be ready to walk when you don't get the right answer.
Source: www.fool.com

Put brakes on car insurance costs (The Sunday Mail)
THE cost of car insurance if you're under 25 can drive you up the wall and off the road. Super tax cut has real merit FEDERAL Finance Minister Nick Minchin's idea to scrap the 15 per cent contributions tax on deductible super contributions the equivalent of a $3.3 billion tax cut in this year alone has re-opened debate about tax on superannuation.
Source: www.thesundaymail.news.com.au

Rate Bureau Files For Auto Insurance Increase (WRAL-TV 5 Raleigh)
The North Carolina Rate Bureau filed a request Wednesday to increase auto insurance rates by almost 7 percent.
Source: www.wral.com

$38 more for car insurance (Tri-City News)
ICBC s request for a 6.5% rate increase on basic insurance has been granted interim approval by regulators and takes effect March 15. The B.C. Utilities Commission (BCUC) approved the premium hike Feb. 1 on an interim basis.
Source: www.tricitynews.com

N.C. auto insurance rates to drop (News 14 Carolina)
Insurance Commissioner Jim Long has signed an order lowering auto insurance for North Carolina motorists. FULL STORY >> Updated: 2/2/2006 9:37 AM
Source: rdu.news14.com

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