All State Insurance

Posted on Monday, 26th September 2011 by Olivia Trule

The bid battle for Lloyd’s of London insurer Omega Insurance heated up yesterday as Barbican Insurance increased its takeover offer.

Barbican has structured its offer as a reverse takeover via an all-share deal. The group appealed to Omega’s shareholders, saying it gave them the chance to participate in the enlarged group.

The offer is worth 84p per share, outflanking the 83p-per share offers tabled by Canopius Group and Haverford Bermuda.

Espirito Santo said in a research note: “The price and terms look to be a good mixture of the terms offered by the current bids on the table from Haverford Group and fellow private Lloyds syndicate Canopius.”

Tags: Bid, Bid War

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Posted on Sunday, 25th September 2011 by Mike Peterson

Who: Mad Max Rockatansky, Main Force Patrol Officer Year, make, and model: 1973 Ford Falcon XB GT Value: $75,000 (Including modifications) Annual mileage: 20,000 miles Points on license: 0 points — you’re a Main Force Patrol Officer, after all 

You’re Max Rockatansky, Main Force Patrol Officer of the dusty, dystopian Australian future, and you need car insurance. The last time you took your Pursuit Special out on a mission the damages were … how to put this? … significant, so you’re looking to get some serious protection. 

After doing a little research you realize that your Pursuit Special, a modified 1973 Ford Falcon XB GT, qualifies as a collector car. You’ve heard

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Posted on Sunday, 25th September 2011 by John Bikes

The government hopes to stem rising insurance costs by banning referral fees in personal injury claim cases.

The fees, highlighted by former Labour MP Jack Straw in June, are paid to claims management companies, garages and insurance companies who provide details of accidents – often car accidents – to personal injury lawyers.

The business is estimated to be worth £3bn a year, and successful claims are paid in most cases by insurance policies. Insurers have covered the cost by passing it on to policyholders in the form of higher premiums.

Justice minister Jonathan Djanogly said: “Honest motorists are seeing their premiums hiked up as insurance companies cover the increasing costs of more and more compensation claims. Many Read full article…

Tags: Costs, Insurance Costs, Referral Fees

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Posted on Friday, 23rd September 2011 by John Bikes

You know its a slow week when the traffic cops go after the Amish, but thats what happened earlier this summer: nine Kentucky men who are members of the extremely conservative Amish sect the Old Order Swartzentruber refused to display orange reflective triangles on their horse-drawn buggies.

They were fined for a safety violation, but subsequently refused to pay the court-ordered fines, claiming that to do so would be the same as obeying a law they believe is in opposition to their religious strictures. Their reason for not displaying the reflective symbol is that the bright orange color was against their rules of modesty.

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Tags: Amish, Amish Jailed

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Posted on Wednesday, 21st September 2011 by Olivia Trule

By Jamie Fleischner, CLU, ChFC, LUTCF President, Set for Life Insurance

Every September 11th we pause to reflect on this horrific day in our nation’s history. Each of us has a story and remember vividly where we were at the moment the first plane struck the World Trade Center in NY.

On that fateful morning, I was attending a national meeting for NAIFA (National Association of Insurance and Financial Advisors) in Salt Lake City, UT.  I woke up early while preparing to attend an early breakfast meeting when I turned on the TV. Af

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Tags: Insurance, Life Insurance

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Posted on Sunday, 11th September 2011 by admin

Choosing a life insurance policy is not as simple as buying a car insurance. You need to take into considerations various aspects before you decide the right type of life insurance to buy and get started with your search. To help you get started, we are going to discuss several basic things you need to consider hen choosing the right life insurance policy to purchase.

Let’s start by looking into the differences between whole life insurance and term life insurance. Whole life insurance offers maximum protection and cash value without any term or time limit attached to the policy. T Read full article…

Tags: Insurance Policy, Life Insurance, Life Insurance Policy, Policy

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Posted on Saturday, 27th August 2011 by Mike Peterson

In California, like many other states, it is illegal to operate a vehicle without proper insurance coverage. While that coverage can come in multiple forms, i.e. providing a cash deposit of $35,000 to the California Department of Motor Vehicles, or purchasing a bond from an insurance company in that same amount, typically drivers and drivers-to-be simply purchase auto insurance that meets or exceeds the state’s minimum requirements.

In California these minimums are set at $5,000 for property damage, $15,000 for bodily injury/death for one person, and $30,000 for injury/death for more than one person.

Often times the minimum coverage guidelines are not enough for a driver’s “peace of mind”, so additional insurance is available. At Auto

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Tags: California

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