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  • Red River Valley Flood Risk Keeps Receding

     The risk of significant flooding in the Red River Valley is down from recent years and even lower than last month’s forecast due to the lack of snow, forecasters said on Jan. 26 ? bolstering hopes the region may be …

  • Federal Government Rejects Texas Insurance Waiver

     The federal government has rejected a request by Texas to be excluded from a new law that limits how much health insurance companies can spend on overhead. The law is part of the Affordable Care Act, changes made in federal …

  • Boron to Lead Illinois Department of Insurance

     Illinois Gov. Pat Quinn has named a new top state insurance regulator. Andrew Boron has been appointed director of the Illinois Department of Insurance (DOI), the governor’s office announced. The department has been under the direction of three separate acting …

  • Oklahoma Lawmakers File State Insurance Opt-Out Bill

     Two Oklahoma lawmakers have filed legislation to increase the number of state employees who could opt out of state insurance coverage. The measure expands a 2011 law that allowed state employees and lawmakers to refuse state-funded coverage if they are …

  • California Insurance Commissioner, Insurers Settle on Iran Investments

     California Insurance Commissioner Dave Jones and a group of insurers have settled litigation over insurer investments in companies doing business in Iran, it was announced on Friday. The terms of the settlement permit the Jones to “maintain a public list …

  • Best Revises Chartis, Lexington & Members Outlooks to Stable; Affirms Ratings

     In connection with its revision of its outlook on AIG, A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings (ICR) of ?a? of Chartis US Insurance Group and its members and the Lexington …

  • Best Revises AIG and Subs Outlook to Stable; Affirms Ratings

     A.M. Best Co. has revised the outlook to stable from negative and affirmed the issuer credit rating (ICR) of ?bbb? of American International Group. It has also revised the outlook to stable from negative and affirmed the financial strength ratings …

  • Swiss Re?s Chief Economist Sees Fed Actions Calming Debt Crisis

     Swiss Re’s Chief Economist, Kurt Karl, has predicted that the decision by the Federal Reserve to maintain the target fed funds rate at zero to 25 basis points would help calm some of the turmoil in the global financial markets. …

  • Arctic Ice Melt Lifts Hopes for Russian Maritime Trade

     When severe snowstorms prevented life-sustaining fuel supplies from reaching the frozen Alaskan town of Nome, U.S. officials turned to a Russian company for help. The relief mission through perilous, ice-choked seas was the first mid-winter fuel delivery to western Alaska, …

Insurance Journal » News Mon, 30 Jan 2012 11:00:19 +0000

Gap Insurance - Gap Insurance
...but how many people know what gap insurance is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the deprecation on a car in the event of it being stolen and never recovered. How does it work you might wonder and do you need to take it out if you have outstanding finance on the vehicle? Say you have ten thousand pounds worth of car finance on your car but when it gets stolen the insurance company says it`s only worth eight grand. It means you`ll have to find the extra two thousand pounds to pay off the finance company. If you take out gap insurance on the car, this amount will be covered, so you don`t have to find any additional money to pay off the debt. Most people buy cars and decide to keep them for a set amount of time so they know how much fina...
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Courier Insurance - Courier Insurance
...e costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing services. It is not uncommon for people to lose their mail before it reaches a desired destination. We make sure that your mail is covered sufficiently so that if you happen to lose it while it is on its way, you will be compensated. Many people may not see this as a necessary step until they experience a loss. So, why wait for it to happen to you? Get your insurance now and save yourself from huge losses. ...
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Car Gap Insurance - Car Gap Insurance
...st and say that I had never heard of car gap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a car being stolen and never recovered or one that is deemed a total loss by the insurers. If you still owe money on the car to a finance company then the gap insurance will pay off the difference between what the insurer says the car is worth and what finance you have left on it. Some of the policies will even leave you with some money to use as a deposit on another car. It`s, probably something that many people would never even consider when they take a car out on finance. If the insurance company decides that the car is worth less than you thought it might be when it is deemed a total loss then you could have to stump up the money to pay off the bal...
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Hgv Courier Insurance - Hgv Courier Insurance
...er Insuranceis a very different type of insurance that you would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore they will be able to advise you on all your insurance needs, to make sure you are completely covered, leaving no room for mistakes. The following is a list of the specifications that you may need to include in any haulage insurance cover and what can be potentially covered with the correct policy: Legal liability for injury or death to any other individual, including any such passengers. Legal liability for damage to outside property. Legal costs can be fully covered with the Insurers consent, in connection with an insurance claim against your policy. Your own damage (subject to any excess). Vehicle replacement, in the event of an accid...
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