Saturday, August 27, 2005

Opposition Growing to Car Impound Proposal (WOAI)


Opposition Growing to Car Impound Proposal (WOAI)
This story is available on your cell phone at mobile.woai.com. Opposition is growing at City Hall to a proposal, prompted by a 1200 WOAI news report, to impound the cars of people who are stopped for any reason and found to be driving without car insurance.

Softer insurance margins weigh down Promina (Sydney Morning Herald)


Softer insurance margins weigh down Promina (Sydney Morning Herald)
Shares in Australia's second largest home and car insurer, Promina Group, tumbled more than 5 per cent yesterday after it reported a disappointing margin on its insurance products in the first half of 2005.

State Farm Lowering Insurance Rates In Arkansas (KARK Little Rock)


State Farm Lowering Insurance Rates In Arkansas (KARK Little Rock)
State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Arkansas and in the nation, is lowering its overall rate level in Arkansas an average of 1.7 percent beginning Monday, August 29. This represents an annual savings of $5.1 million to the companyb s Arkansas customers.

Softer insurance margins weigh down Promina (Sydney Morning Herald)


Softer insurance margins weigh down Promina (Sydney Morning Herald)
Shares in Australia's second largest home and car insurer, Promina Group, tumbled more than 5 per cent yesterday after it reported a disappointing margin on its insurance products in the first half of 2005.

The Hartford Works with XDimensional to Speed Process of Auto and Homeowners Insurance Placement (The Auto Channel)


The Hartford Works with XDimensional to Speed Process of Auto and Homeowners Insurance Placement (The Auto Channel)
HARTFORD, Conn., Aug. 25 -- Placing personal lines business with The Hartford just got faster for insurance agents that use Nexsure agency management system from XDimensional Technologies Inc. These agents now can link directly to The Hartford ExpressWay(SM), The Hartford Financial Services Group's new super-fast personal lines quoting tool.

Opposition Growing to Car Impound Proposal (WOAI)


Opposition Growing to Car Impound Proposal (WOAI)
This story is available on your cell phone at mobile.woai.com. Opposition is growing at City Hall to a proposal, prompted by a 1200 WOAI news report, to impound the cars of people who are stopped for any reason and found to be driving without car insurance.

Friday, August 26, 2005

Car salesman charged in alleged arson scam (Houston Chronicle)


Car salesman charged in alleged arson scam (Houston Chronicle)
An Humble car salesman was charged with arson Wednesday, accused of torching customers' cars and then selling them new vehicles paid for with the proceeds from their insurance claims. Tobias Zachery Green, 40, was arrested at his fiancee's apartment early Wednesday where authorities said he put up a brief struggle before being taken into custody.

Understand your insurance policy: General property protection won't cover flooding (Sun-Sentinel)


Understand your insurance policy: General property protection won't cover flooding (Sun-Sentinel)
When it comes to Hurricane Katrina, it's the rain, not the wind, that is expected to be the biggest peril. That means if your home is damaged by rising water, you won't be covered by your regular homeowner insurance policy.

AIG Auto Insurance Survey Found That Most People Would Prefer to be Stuck With a Spouse in Labor Day Traffic Than a (The Auto Channel)


AIG Auto Insurance Survey Found That Most People Would Prefer to be Stuck With a Spouse in Labor Day Traffic Than a (The Auto Channel)
Good morning, Today AIG Auto Insurance released the results of it's Labor-Less Labor Day which found that more of half of Americans would prefer to be with their spouse or significant other while stuck in a traffic jam then a celebrity.

The Hartford Works with XDimensional to Speed Process of Auto and Homeowners Insurance Placement (The Auto Channel)


The Hartford Works with XDimensional to Speed Process of Auto and Homeowners Insurance Placement (The Auto Channel)
HARTFORD, Conn., Aug. 25 -- Placing personal lines business with The Hartford just got faster for insurance agents that use Nexsure agency management system from XDimensional Technologies Inc. These agents now can link directly to The Hartford ExpressWay(SM), The Hartford Financial Services Group's new super-fast personal lines quoting tool.

2 more insurers join online auto liability insurance system in Japan (Kyodo via Yahoo! Asia News)


2 more insurers join online auto liability insurance system in Japan (Kyodo via Yahoo! Asia News)
_ Two more Japanese nonlife insurers will join the online computer system used by 11 others for compulsory automobile liability insurance, Aioi Insurance Co. said Friday.

The Hartford Works with XDimensional to Speed Process of Auto and Homeowners Insurance Placement (The Auto Channel)


The Hartford Works with XDimensional to Speed Process of Auto and Homeowners Insurance Placement (The Auto Channel)
HARTFORD, Conn., Aug. 25 -- Placing personal lines business with The Hartford just got faster for insurance agents that use Nexsure agency management system from XDimensional Technologies Inc. These agents now can link directly to The Hartford ExpressWay(SM), The Hartford Financial Services Group's new super-fast personal lines quoting tool.

Thursday, August 25, 2005

Promina Profit Rises 6% on Car, Home Insurance Sales (Update2) (Bloomberg.com)


Promina Profit Rises 6% on Car, Home Insurance Sales (Update2) (Bloomberg.com)
Aug. 25 (Bloomberg) -- Promina Group Ltd., Australia's second-biggest auto and home insurer, said first-half profit rose 6 percent after it sold more policies to individuals.

CAR INSURANCE RATES: Agents ask for bigger cut of each policy (Patriot Ledger)


CAR INSURANCE RATES: Agents ask for bigger cut of each policy (Patriot Ledger)
BOSTON - A trade group representing auto insurance agents has asked the state to approve an 18 percent increase in their commissions for 2006.

CAR INSURANCE RATES: Agents ask for bigger cut of each policy (Patriot Ledger)


CAR INSURANCE RATES: Agents ask for bigger cut of each policy (Patriot Ledger)
BOSTON - A trade group representing auto insurance agents has asked the state to approve an 18 percent increase in their commissions for 2006.

San Diego Makes Auto Theft Top 10 List (KGTV TheSanDiegoChannel.com via Yahoo! News)


San Diego Makes Auto Theft Top 10 List (KGTV TheSanDiegoChannel.com via Yahoo! News)
San Diego ranked eighth among metropolitan areas nationwide for the number of auto thefts in 2004, according to a report released Tuesday by the National Insurance Crime Bureau.

Hub ranks 222nd in auto thefts (Hattiesburg American)


Hub ranks 222nd in auto thefts (Hattiesburg American)
While an insurance industry report ranks Jackson 35th in the nation for auto thefts in the year 2004, Gulfport-Biloxi ranks down the list at 148 and Hattiesburg rated even lower at 222.

Car salesman charged in alleged arson scam (Houston Chronicle)


Car salesman charged in alleged arson scam (Houston Chronicle)
An Humble car salesman was charged with arson Wednesday, accused of torching customers' cars and then selling them new vehicles paid for with the proceeds from their insurance claims. Tobias Zachery Green, 40, was arrested at his fiancee's apartment early Wednesday where authorities said he put up a brief struggle before being taken into custody.

Wednesday, August 24, 2005

Promina Profit Rises 6% on Car, Home Insurance Sales (Update2) (Bloomberg.com)


Promina Profit Rises 6% on Car, Home Insurance Sales (Update2) (Bloomberg.com)
Aug. 25 (Bloomberg) -- Promina Group Ltd., Australia's second-biggest auto and home insurer, said first-half profit rose 6 percent after it sold more policies to individuals.

Promina Profit Rises 6% on Car, Home Insurance Sales (Update2) (Bloomberg.com)


Promina Profit Rises 6% on Car, Home Insurance Sales (Update2) (Bloomberg.com)
Aug. 25 (Bloomberg) -- Promina Group Ltd., Australia's second-biggest auto and home insurer, said first-half profit rose 6 percent after it sold more policies to individuals.

Western states tops in auto theft (CNN.com)


Western states tops in auto theft (CNN.com)
California still leads the nation in auto theft, according to a new report from the National Insurance Crime Bureau. Of the ten areas in the nation with the highest auto theft rates, seven are in California, according to the report.

Memphis car thefts decreased in 2004 (BizJournals)


Memphis car thefts decreased in 2004 (BizJournals)
The chances of a car being stolen in Memphis went down again in 2004, which should reflect positively on personal and fleet insurance rates. The situation is also better in Nashville, but be extra careful while visiting Jackson, Tenn.

Calif. cities dominate insurers' list for auto theft (USATODAY.com via Yahoo! News)


Calif. cities dominate insurers' list for auto theft (USATODAY.com via Yahoo! News)
California is the nation's stolen car capital, according to an insurance industry report to be released Tuesday. Seven of the nation's Top 10 metropolitan areas with the highest auto theft rates are in the "Golden State" with the Modesto metropolitan area toping the list for the second year in a row.

Study links pain and insurance (The Age)


Study links pain and insurance (The Age)
Injured car crash victims feel more distressed and "more disabled" if they are pursuing an insurance claim, Australian research has found.

Tuesday, August 23, 2005

Car insurance rates shift into lower gear, but tiered pricing (and credit checks) may cost some drivers more (US News & World Report)


Car insurance rates shift into lower gear, but tiered pricing (and credit checks) may cost some drivers more (US News & World Report)
Drivers fuming about sky-high gas prices are at least getting good news this year from another nemesis--insurance companies. Annual jumps in auto premiums have cooled, and some drivers are actually seeing cuts.

CA Ranks No. 1 In Auto Thefts (NBC 11 Bay Area)


CA Ranks No. 1 In Auto Thefts (NBC 11 Bay Area)
On Monday, it was announced that California is once again the number one state in the nation for auto theft, according to the National Insurance Crime Bureau.

AP EXCLUSIVE: Reilly to seek double-digit cut in car insurance (WRGB)


AP EXCLUSIVE: Reilly to seek double-digit cut in car insurance (WRGB)
(Boston - AP) Attorney General Tom Reilly will seek at least a ten percent cut in the state's auto insurance rate later this month. Reilly tells The Associated Press that auto insurers enjoyed hefty profits at the expense of drivers last year and it's time for drivers to recover some of the money.

Reilly to seek double-digit cut in state auto insurance rate (WPRI 12)


Reilly to seek double-digit cut in state auto insurance rate (WPRI 12)
BOSTON Attorney General Thomas Reilly will seek at least a ten percent cut in the state's auto insurance rate _ and maybe more _ when he makes a formal recommendation later this month.

Valley still leads in car theft ranking (Merced Sun-Star)


Valley still leads in car theft ranking (Merced Sun-Star)
A young car theft suspect is taken into custody in Keyes. Stanislaus County is the car theft capital of the nation, according to the National Insurance Crime Bureau. The problem isn't limited to Stanislaus County with Stockton, Sacramento, Visalia and Fresno also ranking high.

EAST BAY / California takes 7 of nation's top 10 car-theft hot spots / Contra Costa, Alameda counties climb to No. 6 (San Francisco Chronicle)


EAST BAY / California takes 7 of nation's top 10 car-theft hot spots / Contra Costa, Alameda counties climb to No. 6 (San Francisco Chronicle)
The East Bay moved up a notch to No. 6 on an insurance industry list of the nation's top 10 auto-theft hot spots, joining six California cities on a roster that reflects the steady increase in the number of cars stolen in the Golden State each year....

Monday, August 22, 2005

AP EXCLUSIVE: Reilly to seek double-digit cut in car insurance (WRGB)


AP EXCLUSIVE: Reilly to seek double-digit cut in car insurance (WRGB)
(Boston - AP) Attorney General Tom Reilly will seek at least a ten percent cut in the state's auto insurance rate later this month. Reilly tells The Associated Press that auto insurers enjoyed hefty profits at the expense of drivers last year and it's time for drivers to recover some of the money.

Reilly to seek double-digit cut in state auto insurance rate (WRGB)


Reilly to seek double-digit cut in state auto insurance rate (WRGB)
(Boston - AP) Attorney General Thomas Reilly will seek at least a ten percent cut in the state's auto insurance rate and maybe more when he makes a formal recommendation later this month.

Car insurance rates shift into lower gear, but tiered pricing (and credit checks) may cost some drivers more (US News & World Report)


Car insurance rates shift into lower gear, but tiered pricing (and credit checks) may cost some drivers more (US News & World Report)
Drivers fuming about sky-high gas prices are at least getting good news this year from another nemesis--insurance companies. Annual jumps in auto premiums have cooled, and some drivers are actually seeing cuts.

W.F. Roemer Insurance Agency Selects Nexsure for Efficiencies in Agency Operations and Strategic Capabilities (Business Wire via Yahoo! Finance)


W.F. Roemer Insurance Agency Selects Nexsure for Efficiencies in Agency Operations and Strategic Capabilities (Business Wire via Yahoo! Finance)
XDimensional Technologies Inc., the provider of Nexsure, the Internet insurance agency management solution, announced today W.F. Roemer Insurance Agency Inc. selected Nexsure to drive operational efficiencies and to capitalize on the power of the Internet. W.F.

Farmers Insurance Group Implements Mobius ViewDirect TCM for Enterprise Content Management Initiative (PR Newswire via Yahoo! Finance)
Mobius Management Systems, Inc. , the leading provider of software for total content management , today announced that Los Angeles-based Farmers Insurance Group , the nation's third-largest provider of personal lines property and casualty insurance, has implemented ViewDirect TCM as a strategic solution for delivering diverse information to employees and independent Farmers agents nationwide.

State Auto to double dividend (bizjournals.com via Yahoo! Finance)


State Auto to double dividend (bizjournals.com via Yahoo! Finance)
State Auto Financial Corp. said Monday it will double its dividend to 9 cents a share.

AutoOne Insurance Names Paul DiFrancesco Senior Vice President and Chief Operating Officer (PR Newswire via Yahoo! Finance)
AutoOne Insurance, a division of OneBeacon Insurance Group, announced today that it has named Paul DiFrancesco to the new position of Chief Operating Officer.

W.F. Roemer Insurance Agency Selects Nexsure for Efficiencies in Agency Operations and Strategic Capabilities (Business Wire via Yahoo! Finance)
XDimensional Technologies Inc., the provider of Nexsure, the Internet insurance agency management solution, announced today W.F. Roemer Insurance Agency Inc. selected Nexsure to drive operational efficiencies and to capitalize on the power of the Internet. W.F.

W.F. Roemer Insurance Agency Selects Nexsure for Efficiencies in Agency Operations and Strategic Capabilities (Business Wire via Yahoo! Finance)


W.F. Roemer Insurance Agency Selects Nexsure for Efficiencies in Agency Operations and Strategic Capabilities (Business Wire via Yahoo! Finance)
XDimensional Technologies Inc., the provider of Nexsure, the Internet insurance agency management solution, announced today W.F. Roemer Insurance Agency Inc. selected Nexsure to drive operational efficiencies and to capitalize on the power of the Internet. W.F.

Wausau Insurance President Urges All Stakeholders to Aim for 'Noble Goals' of the Original U.S. Workers Compensation (PR Newswire via Yahoo! Finance)
The U.S. workers compensation system needs evolutionary changes, but all industry stakeholders must never lose sight of the original "noble" goals from nearly a century ago, according to Wausau Insurance President and Chief Operating Officer Joe Gilles.

Scarlett Johansson Paparazzi Chase Ends in Car Smash (Hollywood.com)


Scarlett Johansson Paparazzi Chase Ends in Car Smash (Hollywood.com)
Scarlett Johansson's trip to California theme park Disneyland ended in disaster yesterday afternoon, when her Mercedes hit another car as the paparazzi chased her.

Reilly to seek double-digit cut in state auto insurance rate (WPRI 12)


Reilly to seek double-digit cut in state auto insurance rate (WPRI 12)
BOSTON Attorney General Thomas Reilly will seek at least a ten percent cut in the state's auto insurance rate _ and maybe more _ when he makes a formal recommendation later this month.

Farmers Insurance Group Implements Mobius ViewDirect TCM for Enterprise Content Management Initiative (PR Newswire via Yahoo! Finance)
Mobius Management Systems, Inc. , the leading provider of software for total content management , today announced that Los Angeles-based Farmers Insurance Group , the nation's third-largest provider of personal lines property and casualty insurance, has implemented ViewDirect TCM as a strategic solution for delivering diverse information to employees and independent Farmers agents nationwide.

W.F. Roemer Insurance Agency Selects Nexsure for Efficiencies in Agency Operations and Strategic Capabilities (Business Wire via Yahoo! Finance)
XDimensional Technologies Inc., the provider of Nexsure, the Internet insurance agency management solution, announced today W.F. Roemer Insurance Agency Inc. selected Nexsure to drive operational efficiencies and to capitalize on the power of the Internet. W.F.

AP EXCLUSIVE: Reilly to seek double-digit cut in car insurance (WRGB)
(Boston - AP) Attorney General Tom Reilly will seek at least a ten percent cut in the state's auto insurance rate later this month. Reilly tells The Associated Press that auto insurers enjoyed hefty profits at the expense of drivers last year and it's time for drivers to recover some of the money.