Saturday, September 10, 2005

Used-car auction house adds 40 jobs (Rochester Business Journal)


Used-car auction house adds 40 jobs (Rochester Business Journal)
Auction Direct USA L.P., a start-up used-car auction house scheduled to open its doors Oct. 1, has added some 40 jobs at its headquarters in Victor.

Car information exists; you need to know where to look (Chicago Tribune)


Car information exists; you need to know where to look (Chicago Tribune)
CarFax provides histories of used vehicles to dealers and consumers, with information from state departments of motor vehicles, police departments and insurance companies in all 50 states.

Beware of flood cars in the used market (Autoblog)


Beware of flood cars in the used market (Autoblog)
The AutoMuse is kind enough to warn us of a potential flood of, um, flood-damaged cars in the used-car market. As she points out, a car has to receive a salvage title in Louisiana for its title to be branded as having suffered water damage. If the vehicle isn t declared a total loss, there is nothing forcing disclosure that it was in a flood. Also keep in mind that if the car isn t insured,

Report: Higher insurance rates possible (CNN Money)


Report: Higher insurance rates possible (CNN Money)
Homeowners and car owners across the U.S. may see a spike in their insurance premiums following Hurricane Katrina, according to a report in the Wall Street Journal.

Friday, September 09, 2005

Cars as Investments (The Motley Fool via Yahoo! News)


Cars as Investments (The Motley Fool via Yahoo! News)
If you're wondering what kind of car makes the best investment, stop wondering. It's true that a few well-cared-for cars can appreciate over time, but in general, it's best to not think of cars as investments. For most of us, they're simply necessary means of transportation. Cars tend to decrease in value over time. That's why it's generally true that the less you spend on cars, the better. That

Amazon.com offers incentives to diaper buyers (Blogging Baby)


Amazon.com offers incentives to diaper buyers (Blogging Baby)
Are you a fan of Seventh Generation disposable diapers? Well, then, I have some good news. (No, I did not just save a bunch of money on my car insurance by switching to Geico.) Amazon.com has a deal going right now where you get a $40 Amazon gift certificate when you buy $99 worth of Seventh Generation products. There are a bunch of restrictions , of course, like you need to order by the end of

Car information exists; you need to know where to look (Chicago Tribune)


Car information exists; you need to know where to look (Chicago Tribune)
CarFax provides histories of used vehicles to dealers and consumers, with information from state departments of motor vehicles, police departments and insurance companies in all 50 states.

Around Broward County (The Wichita Eagle)


Around Broward County (The Wichita Eagle)
Brock Marion resolves insurance-fraud charge Former Miami Dolphin safety-turned-blueberry-farm-owner Brock Marion pleaded no contest Wednesday to insurance fraud, and he will not do jail time. The state portrayed Marion, 35, as unwitting stooge in a car-theft scheme. An acquaintance encouraged Marion to turn over his $54,000 Chevy van, then file a false insurance claim. The van fell into the

Thursday, September 08, 2005

Here, take my car (Arkansas News Bureau)


Here, take my car (Arkansas News Bureau)
PINE BLUFF - "Excuse me. This man wants to a donate a car." I'd been talking with Donna Booth-Johnson, head of the Jefferson County Red Cross and coordinator of hurricane refugee services at the Pine Bluff Convention Center.

Report: Higher insurance rates possible (CNN Money)


Report: Higher insurance rates possible (CNN Money)
Homeowners and car owners across the U.S. may see a spike in their insurance premiums following Hurricane Katrina, according to a report in the Wall Street Journal.

Around Broward County (Miami Herald)


Around Broward County (Miami Herald)
Brock Marion resolves insurance-fraud charge Former Miami Dolphin safety-turned-blueberry-farm-owner Brock Marion pleaded no contest Wednesday to insurance fraud, and he will not do jail time. The state portrayed Marion, 35, as unwitting stooge in a car-theft scheme. An acquaintance encouraged Marion to turn over his $54,000 Chevy van, then file a false insurance claim. The van fell into the

Here, take my car (Arkansas News Bureau)


Here, take my car (Arkansas News Bureau)
PINE BLUFF - "Excuse me. This man wants to a donate a car." I'd been talking with Dorothy Booth Johnson, head of the Jefferson County Red Cross and coordinator of hurricane refugee services at the Pine Bluff Convention Center.

Wednesday, September 07, 2005

No insurance cover for buses (The Star Online)


No insurance cover for buses (The Star Online)
PETALING JAYA: Factory, express and tourist bus operators in the country are in a fix following the decision by a major insurance company to stop covering these vehicles, considering it no longer a profitable business.

The insurance company MMA is moving into the banking market (EFMA)


The insurance company MMA is moving into the banking market (EFMA)
On 5 September 2005, the insurance group Mutuelles du Mans Assurances (MMA) will launch its first banking product, namely car loans. MMA has an important pool of potential customers since it insures more than 1.2 million vehicles.

Tuesday, September 06, 2005

Thief steals disabled woman's car (The Arizona Daily Star via Yahoo! News)


Thief steals disabled woman's car (The Arizona Daily Star via Yahoo! News)
A disabled Tucson woman lost her car, her walker and a precious $35 worth of groceries in a blink-of-the-eye theft this weekend.

U.S. Insurance Industry Lost More Than $16 Billion in 2004 Due to Auto Premium Rating Error (The Auto Channel)


U.S. Insurance Industry Lost More Than $16 Billion in 2004 Due to Auto Premium Rating Error (The Auto Channel)
SAN FRANCISCO, Sept. 6 -- Quality Planning Corporation (QPC), the Rating Integrity Solutions Company, today released its annual Premium Rating Error report. The report concludes that premium rating errors continue to lower the overall profits of auto insurance companies.

Sinopec Plans Stake in Anbang Property & Casualty Insurance (Asia Pulse via Yahoo! Asia News)


Sinopec Plans Stake in Anbang Property & Casualty Insurance (Asia Pulse via Yahoo! Asia News)
BEIJING, Sept 6 - China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, plans to pour 338 million yuan (US$41.7 million) into Anbang Property & Casualty Insurance Co for a 20 per cent stake to become the joint largest shareholder with Shanghai Automotive Industry Corp, an insider told China Daily.

Sinopec Plans Stake in Anbang Property & Casualty Insurance (Asia Pulse via Yahoo! Asia News)


Sinopec Plans Stake in Anbang Property & Casualty Insurance (Asia Pulse via Yahoo! Asia News)
BEIJING, Sept 6 - China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, plans to pour 338 million yuan (US$41.7 million) into Anbang Property & Casualty Insurance Co for a 20 per cent stake to become the joint largest shareholder with Shanghai Automotive Industry Corp, an insider told China Daily.

Monday, September 05, 2005

Sinopec Plans Stake in Anbang Property & Casualty Insurance (Asia Pulse via Yahoo! Asia News)


Sinopec Plans Stake in Anbang Property & Casualty Insurance (Asia Pulse via Yahoo! Asia News)
BEIJING, Sept 6 - China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, plans to pour 338 million yuan (US$41.7 million) into Anbang Property & Casualty Insurance Co for a 20 per cent stake to become the joint largest shareholder with Shanghai Automotive Industry Corp, an insider told China Daily.

Car theft rate is lowest in state (SanLuisObispo.com)


Car theft rate is lowest in state (SanLuisObispo.com)
Where's the least likely place in California a car will be stolen? Right here in our county. The vehicle theft rate of the Atascadero-Paso Robles-San Luis Obispo area landed at the bottom of the state's list during the past three years in a recent study by the National Insurance Crime Bureau.

Car theft rate is lowest in state (SanLuisObispo.com)


Car theft rate is lowest in state (SanLuisObispo.com)
Where's the least likely place in California a car will be stolen? Right here in our county. The vehicle theft rate of the Atascadero-Paso Robles-San Luis Obispo area landed at the bottom of the state's list during the past three years in a recent study by the National Insurance Crime Bureau.

SINOPEC PLANS STAKE IN ANBANG PROPERTY & CASUALTY INSURANCE (Asia Pulse via Yahoo! Australia & NZ Finance)


SINOPEC PLANS STAKE IN ANBANG PROPERTY & CASUALTY INSURANCE (Asia Pulse via Yahoo! Australia & NZ Finance)
Transport China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, plans to pour 338 million yuan (US$41.7 million) into Anbang Property & Casualty Insurance Co for a 20 per cent stake to become the joint largest shareholder with Shanghai Automotive Industry Corp, an insider told China Daily.

Police say auto thefts often faked (KVOA Tucson)


Police say auto thefts often faked (KVOA Tucson)
PHOENIX Arizona has one of the highest auto-theft rates in the country. Or does it? Phoenix area police estimate that as many as 25 percent of auto-theft reports are fake.

(AFX UK Focus) 2005-09-05 13:24 GMT: Forward diary of events (Interactive Investor)


(AFX UK Focus) 2005-09-05 13:24 GMT: Forward diary of events (Interactive Investor)
Tuesday Sept 6 INTERIMS Acambis (Q2) Admiral Group Aricom Aegis Axon Brammer BRIT Insurance Holdings Deal Group Media Erinaceous Group Ideal Shopping Direct IMI Inspace Jurys Doyle Hotel Lavendon Group Meggitt John Menzies Millfield Group PartyGaming Premier Foods Shore Capital Spirax-Sarco Engineering Staffline Recruitment Taylor Woodrow Tikit Group Wellington Underwriting George Wimpey FINALS

How to Choose an Auto Body Shop (The Auto Channel)


How to Choose an Auto Body Shop (The Auto Channel)
ANNAPOLIS, Md.--Sept. 2, 2005--You've been blindsided by a delivery truck, sideswiped in a parking lot, or a tree came down on your car in last night's big storm. Auto insurance will mostly pay the bill, but how can you be sure to get the best repair job?

(AFX UK Focus) 2005-09-05 13:24 GMT: Forward diary of events (Interactive Investor)


(AFX UK Focus) 2005-09-05 13:24 GMT: Forward diary of events (Interactive Investor)
Tuesday Sept 6 INTERIMS Acambis (Q2) Admiral Group Aricom Aegis Axon Brammer BRIT Insurance Holdings Deal Group Media Erinaceous Group Ideal Shopping Direct IMI Inspace Jurys Doyle Hotel Lavendon Group Meggitt John Menzies Millfield Group PartyGaming Premier Foods Shore Capital Spirax-Sarco Engineering Staffline Recruitment Taylor Woodrow Tikit Group Wellington Underwriting George Wimpey FINALS

Drivers urged to shop around (Manchester Online)


Drivers urged to shop around (Manchester Online)
MOTORISTS are being urged to shop around for insurance as they come to the end of the one-year's free cover offered on many of last September's new car deals.

Insurance ratings control car choice 2 September 2005 (Fleet News Net)


Insurance ratings control car choice 2 September 2005 (Fleet News Net)
COMPANIES can use vehicle insurance ratings as a vital method of control when allowing drivers to opt out of their company cars into private car schemes.

More Metro drivers join car-rental club to save (Detroit News)


More Metro drivers join car-rental club to save (Detroit News)
Dorothy West hated having to rely on the bus to get around Detroit after her car was stolen last year.

Katrina will add to already rising insurance rates (BizJournals)


Katrina will add to already rising insurance rates (BizJournals)
Even though South Florida did not take Hurricane Katrina's worst hit, businesses and consumers in the tri-county area should expect more property insurance rate increases next year.

Sunday, September 04, 2005

New Orleans residents lament lack of insurance (RedNova)


New Orleans residents lament lack of insurance (RedNova)
By Belinda Goldsmith NEW YORK (Reuters) - Packing just a few T-shirts and some shorts, Jenny Bagert joined the hordes fleeing New Orleans after a warning that one of the fiercest hurricanes in U.S.

New Orleans residents lament lack of insurance (RedNova)


New Orleans residents lament lack of insurance (RedNova)
By Belinda Goldsmith NEW YORK (Reuters) - Packing just a few T-shirts and some shorts, Jenny Bagert joined the hordes fleeing New Orleans after a warning that one of the fiercest hurricanes in U.S.

State Auto Financial to Present at the 2005 KBW Insurance Conference (Business Wire via Yahoo! Finance)


State Auto Financial to Present at the 2005 KBW Insurance Conference (Business Wire via Yahoo! Finance)
State Auto Financial Corporation today announced it will present at the Keefe, Bruyette & Woods Insurance Conference, to be held Sept. 7 and 8, 2005 in New York. Treasurer and CFO Steve Johnston will present an update on State Auto Financial Corporation on Thursday, Sept. 8, 2005, from 11:15 to 11:45 p.m.

Motor shock: your car costs you at least Lm4 a day (Malta Today)


Motor shock: your car costs you at least Lm4 a day (Malta Today)
How much money would you have to drop into your car every day if instead of the keys to start off the engine it had to operate like a slot machine? Well, if you re driving a modest car in the price region of Lm6,000 to commute to work, your car costs should be around Lm4.02 daily, Lm1,470 a year.

New Orleans residents lament lack of insurance (Reuters via Yahoo! News)


New Orleans residents lament lack of insurance (Reuters via Yahoo! News)
Packing just a few T-shirts and some shorts, Jenny Bagert joined the hordes fleeing New Orleans after a warning that one of the fiercest hurricanes in U.S. history was about to hit the low-lying southern city.

Police say auto thefts often faked (KVOA Tucson)


Police say auto thefts often faked (KVOA Tucson)
PHOENIX Arizona has one of the highest auto-theft rates in the country. Or does it? Phoenix area police estimate that as many as 25 percent of auto-theft reports are fake.

2 Dems call for probe of car insurance rates (Denver Post)


2 Dems call for probe of car insurance rates (Denver Post)
Two Democratic lawmakers are calling on the state insurance commissioner to investigate car insurance companies that have not dropped their rates by 15 percent since the switch from a no-fault system to a tort system. In a letter to Insurance Commissioner David Rivera, Reps.

'Under-Bought' Flood Insurance Proves Its Value (Washington Post)


'Under-Bought' Flood Insurance Proves Its Value (Washington Post)
For nearly 40 years the federal government has made flood insurance available to property owners, filling a gap left by private carriers, which generally decline to write the coverage.