Latest Insurance News

Go Green With the Help of WITT

By Rosemary Gallagher A NUMBER of financial groups joined forces with the government this week to launch the We're in This Together (WITT) campaign to help consumers do their bit for the environment. The initiative is backed by the Climate Change Group and partners include Barclaycard, Scottish Gas, HSBC and Royal & Sun Alliance. As part of this, More Than, the consumer division of Royal & Sun Alliance, has launched two green products. The first is a "telematics" car insurance policy ...

Md. Court of Appeals Rules Site of Crash Affects Amount of Money Recovered

By Caryn Tamber A Maryland couple whose daughter died in a car accident in Delaware can pursue a claim for underinsured motorist benefits under Delaware law, which could entitle the couple to recover more money than if the claim proceeded under Maryland law. Considering questions referred by the U.S. District Court for the District of Maryland, the Court of Appeals held that where an automobile insurance contract was executed in Maryland but the accident occurred elsewhere, the law of the...

State's House, Senate Take Different Roads on Auto Insurance: As This Year's Legislative Session Winds Down, the House and Senate Had Different Approaches to the No-Fault Auto Insurance Law

By Beatrice E. Garcia, The Miami Herald Apr. 25--With less than two weeks before the end of the 2007 session, lawmakers once again are focused on auto insurance. But the two proposals now moving to fix the state's controversial no-fault auto insurance law take completely different routes. The Senate bill, approved Tuesday by the General Government Appropriations committee, could have slim chances of winning greater approval. As it stands, the bill only extends the no-fault law for anoth...

Teen Driving Restrictions May Pay Off for Parents: Some Insurers Dropping Rates After Change in Law

By Denise Trowbridge, The Columbus Dispatch, Ohio Apr. 25--Parents with teen drivers might get a break on their car insurance bill, thanks to a new law limiting the privileges of teens behind the wheel. Changes to Ohio's driving-license law, which went into effect April 6, limit the nighttime hours teens are allowed to drive and the number of passengers they can have in the car. In states with similar laws, auto insurance rates are dropping along with the teen accident rate. "States w...

Insider Info - The Stories Behind the Stories

Verizon absent from Web site The coalition that was created last month to push a bill that would make it easy for telecom companies to get TV cable franchises here calls itself Massachusetts Consumers for Technology and Cable Choice. But the group's Web site, consumersfortechchoice.org, doesn't mention that its primary founder isn't really a consumer at all. The group was launched by Verizon - the same New York-based company that is steadily expanding its TV service in many states, includ...

New York State Court of Appeals Lists More Filings for March 23 Through 29

By Daily Record A list of appeals with short title, jurisdictional predicate, subject matter and key issues is prepared each week. Some of these filed appeals may never reach decision on the merits because of dismissal on motion, sua sponte, time deficiencies or because of stipulated withdrawals by the parties. Also, some counsel fail to file timely preliminary appeal statements, therefore the list should not be treated as comprehensive for any particular week. The court welcomes motion...

R&SA Announce Two New Green Insurance Products

At the launch of the UK prime minister-led campaign 'We're in this Together,' which is aimed at encouraging individual action on climate change, More Th>n, the direct arm of general insurer Royal & SunAlliance, announced two new green insurance products.The new products include a telematics car insurance policy that uses GPS technology to help people drive in a greener way and save money on fuel, and an eco car discount of up to 15% and free carbon offsetting for the first 3,000 miles. Bri...

City Firm Backs PM in Eco-Campaign

LIVERPOOL insurance giant Royal & SunAlliance has joined Prime Minister Tony Blair in launching a new environmentally-friendly campaign. We're in this Together encourages individuals to take action on climate change and R&SA was one of eight major UK companies who pledged to encourage customers to join the drive. R&SA general insurance arm More Than announced two 'green' products: Customers buying car insurance will get a GPS device to help them drive more efficiently and drivers can opt ...

YOUR Money: Golden YEAR ; THERE's NEVER BEEN A BETTER TIME TO BE GREY

By JOHN HUSBAND THE Swinging Sixties generation have become today's Golden Oldies. They're the richest and fittest older generation ever - and they can look forward to living longer. Half of all 60-year olds and two thirds of the over 65s own their homes outright. At that age, your most important asset is your pension and the longer you put off spending it the bigger it becomes. A pounds 100,000 pension pot produces pounds 121 a week at 60, pounds 140 a week if you delay touching it t...

State's House, Senate Take Different Approaches on Auto Insurance Fixes: House and Senate Take Different Approaches on No-Fault Auto Insurance As This Year's Legislative Session Winds Down

By Beatrice E. Garcia, The Miami Herald Apr. 25--With less than two weeks before the end of the 2007 session, lawmakers once again are focused on auto insurance. But the two proposals now moving to fix the state's controversial no-fault auto insurance law take completely different routes. The Senate bill, approved Tuesday by the General Government Appropriations committee, could have slim chances of winning greater approval. As it stands, the bill only extends the no-fault law for anoth...