Sacramento approves crash tax that could raise car insurance rates

By Dustin Mitchell on 06-02-2011

Tagged Under : Crash Tax, Tax

Last week, Sacramento, California’s city council approved a proposed crash tax that would be imposed on out-of-town drivers who get into accidents in the city.

The state capital’s officials say the proposed fee would fund the local fire department’s resources and would be imposed regardless of fault.

“It is questionable that this ordinance will generate the projected revenue,” Sam Sorich, president of the Association of California Insurance Companies, told Insurance Journal. “Moreover, if insurance policies are required to cover the response fees, consumers will pay the price because insurance costs will increase.”

City officials say the new program could generate as much as $500,000 annually. Read more…

ABI: new guidance on extended warranties and more

By Dustin Mitchell on 05-02-2011

Tagged Under : Extended Warranties, New Guidance, Warranties

The Association of British Insurers (ABI) has published new guidance on Extended Warranties, Guaranteed Asset Protection insurance and service contracts.

The Association is hopeful that insurers and retailers will do more to help consumers understand the benefits and exclusions of all three forms of insurance, once they have swatted up on the new Good Practice Guidance for Providers.

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Research tools for Search Engine Optimization

By Kathryn Green on 02-02-2011

Tagged Under : Engine, Engine Optimization

When you have a website it is essential that you maximize the site. Think of your website as a car without any engine, it cannot work, right? Well, its the same way with your website. You can spend thousands of dollars designed to create a custom logo and you can sit and wait for traffic as long as you want, but it could not come without proper optimization.

Search engine optimization allows your website to be on the search results of search engines like Google, Yahoo and MSN. Without it, youre just a sitting duck. However, you will get better PR (Page Rank), visitors, comments and sales potential based on what you sell. By definition, the Search Engine Optimization or SEO process is to improve traffic entering the site from search engines.

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House-swappers forgetful over insurance

By Dustin Mitchell on 01-02-2011

Tagged Under : Forgetful Insurance, Insurance

House-swapping as an alternative to the traditional family holiday looks set to take off this year, according to new research from Lloyds TSB Insurance.

A recent study suggests that 1.6 million Britons have arranged a house swap in 2011, twice the number estimated for 2010.

However, Lloyd’s suggests that proper planning is needed, particularly in the area of potential damage to property or possessions by the incomers.

Almost two-thirds of house-swappers questioned had run the risk of invalidating their home insurance policy by failing to tell their insurer about the exchange. <

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Where to Get the Velcro Panels for Your Needs

By Kathryn Green on 27-01-2011

Involving your company into an exhibition can be a good way to promote your company name and products. This is a part of marketing strategies that you can’t miss. Many prospective clients and customers are going to gather visiting the exhibition. Do not you can use this opportunity to introduce your products to them?

For this exhibition or this trade show, you need panel display. Are you looking for this thing right now? Do not waste your time to wander around, because everything you need has been available at Customtradeshos.com. Velcro Panels for office or tradeshows are provided with various sizes, shapes and colors. You have many options.

The tradeshow is just one reason why you should use the Velcro panel. T

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Hiscox expects “healthy” household profit despite winter freeze

By Dustin Mitchell on 26-01-2011

Tagged Under : Hiscox, Hiscox Expects

Hiscox has reported that most of the “significant and expensive” catastrophes of 2010 occurred in areas where the insurer had deliberately reduced exposure, due to weak rates.

The firm estimates net claims arising from the UK winter freeze during November and December at £16 million, but says its UK household business remains on track to make a healthy profit.

The net estimate for Chile, Xynthia and the New Zealand earthquake combined is around £115 million, including estimated net claims for the New Zealand earthquake of approximately £37 million.

Meanwhile, the insurer’s position on the Australian floods is still evolving, but looks to be “underweight”.

During the January renewal period, the group’s London Market division saw an average rate reduction of -1.5% on renewal business, while its Bermuda open market reinsurance business saw an average rate reduction of -7.5%.

Howeve

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