Did you know that liability car insurance has a list of things that it will not cover? Most people don’t realize this although you have a list of the things it doesn’t cover if you have a policy. All the excluded things are in a policy and that is why I know you have them but even so, I will tell you what some of them are in order to make your life a lot easier.
One of the things that liability insurance doesn’t cover is your property. This is very important to know because you could be driving too fast, swerve to miss a car and run right into your house, and it would be all on you to fix it. This is an example that would most likely never happen but I just want to make sure you get the picture. Some Read more…
By Dustin Mitchell on 25-08-2011
American International Group (AIG) gave the U.S. Treasury Department $2.15 billion this week after completing the sale of a Taiwan unit. This brings the life insurance company that much closer to its goal of repaying the department completely for the bailout it received after the financial crisis.
On Thursday, AIG announced it had closed the sale of a Taiwan unit called Nan Shan Life Insurance Co. After struggling to sell the unit for months, AIG said in a statement that it had closed the sale to a previously disclosed buyer, Ruen Chen.
The reason for the difficulty in sale was because regulators in Taiwan had blocked a prior deal, ruling that an earlier buyer lacked financial strength and commitment to Nan Shan to qualify for purchase.
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By Christine Johnson on 25-08-2011
Chartis will enter into a contractual agreement with NYA International Limited , a kidnap and extortion response consultancy. Beginning December 1, 2011, NYA will be responsible for providing kidnap, extortion, malicious product tampering and maritime piracy consultancy services to the Chartis insurers crisis management policyholders.
NYA provides crisis management response and advice to clients facing incidents of kidnap and extortion, piracy and international emergency problems. NYAs team of consultants have managed over 350 response cases in many parts of the world including, but not limited to, Latin America, Asia, Africa, Europe and the Middle East.
Buying business liability insurance is an even more complicated process than buying health or homeowner’s insurance. The stakes are even higher because when you start a business you open yourself up to all kinds of lawsuits, frivolous and serious. Without insurance you are left to pay all your costs out of pocket and you could end up losing not only the business itself, but also your house and personal savings too. The first thing you should do is get professional help in evaluating what kinds of insurance you need and how much. Then you can begin to get quotes from different insurance companies, both online and over the phone.
Once you have all those quotes, though, don’t just go with cheapest one. You Read more…
By Dustin Mitchell on 20-07-2011
only one per market—are selected by capability, integrity, growth potential, quality and breadth of services. For a complete list of Assurex Global Partners or for more information, visit http://www.assurexglobal.com.
By Dustin Mitchell on 17-07-2011
Joseph LacherNorthbrook, IL – July 18, 2011 - The Allstate Corporation today announced that Joseph Lacher, president, Allstate Protection, is leaving the company, effective immediately. Until new leadership is in place, the presidents of the various Allstate Protection businesses, and the heads of claims and product operations, will report to Thomas J. Wilson, chairman, president and chief executive officer.
