Credit and information management firm TransUnion released end of third-quarter results of its proprietary Auto Insurance Risk Index, noting a slight increase of 0.03 percent after four consecutive quarterly declines. The index now registers 98.85, three basis points higher than Q2 2011; 31 basis points lower than a year ago at this time; and 73 basis points lower than its recessionary peak in Q2 2009.
TransUnion’s Auto Insurance Risk Index was developed as a risk barometer specifically for the auto insurance industry and is designed to illustrate the relative expected insurance loss ratio for market segments throughout the country.
“When looking at the Auto Insurance Risk Index on a state-by-state basis, it appears that the level of auto insurance risk is transitioning toward a period of higher risk,” said Chet Wiermanski, TransUnion’s global chief scientist. ” Read more…
The Supreme Court will hear arguments on the constitutionality of the healthcare reform law and other issues pertaining to it for three days starting March 26.
Analysts and lawyers do not expect a decision in the case until late June.
The hearings will open March 26 with a one-hour debate on the threshold issues of whether a federal law called the Anti-Injunction Act makes challenges to the mandate premature until 2015.
George Patton Jr., an appellate lawyer with Bose McKinney & Evans LLP in Washington, D.C. and Indianapolis, explains that anti-injunction deals with whether the Court must wait until a tax is imposed on those who don’t want to buy individual insurance, and then a lawsuit filed, before it can act on the case. T
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Turns out driving habits and modifications aren’t the only factors knocking up car insurance premiums. A poll by Confused.com has found that insufficient tyre maintenance is another headache to be added on your things-to-do list for a successful premium.
The study claims that bald or defective tyres could set you back by as much as 10,000 pounds and a denial of your car insurance claim. Adding to the sorry figures, you could also be hit with three penalty points, which will only keep adding up every time you are caught.
Starting with a fine of 2500 pounds and three penalty points, the fines will simply keep mounting, reaching apoplectic sums of 10000 pounds.
However, the deplorable truth, as revealed by the survey, is that almost 60% of UK drivers stay nonplussed about the correct tyre depth, 1.6 mm. I
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Maincom Services has appointed Adrian Morton as Business Development Manager, based at its Brisbane office. Mr Morton has more than 14 years’ experience working for a combination of property repair related suppliers and loss adjusters within the insurance industry in Australia and overseas.
Most seasoned caravanners are extremely fond of our caravans and it is therefore perfectly natural that we would seek the best caravan quote we can in order to try and maximise protection.
Of course, there is also the question of cost and for some people the best caravan quote may be that which is the cheapest.
So, is it possible to definitively state which is the best caravan insurance quote?
In practice, this may be difficult, bordering impossible.
The fact is that no two people are likely to have the same idea of what best means in terms of their caravan insurance.
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