A new consumer advocacy report is accusing P/C insurers of colluding and needlessly raising commercial insurance rates at a time when U.S. businesses are still reeling from the slow economy.
The report, released today, is from the Americans for Insurance Reform, a project of the Center for Justice Democracy at New York Law School. It is written by consumer advocates J. Robert Hunter and Joanne Doroshow.
The Court of Appeal has dismissed appeals by Digital Satellite Warranty Cover and Satellite Services.
The businesses, which are not registered with the Financial Services Authority (FSA), provided cover for Sky satellite TV equipment, in return for an insurance premium.
Both firms described their offerings as extended warranties but in January, the FSA secured winding up orders from the High Court, when the Court ruled that the warranties on offer amounted to contracts of insurance.
A third unauthorised firm, Nationwide Digital Satellite Warranty Services, was also wound up in January but did not appeal the High Court’s decision.
The FSA’s acting director of enforcement and financial crime, Tracey McDermott, comments: “This decision will help protect satellite TV customers from inadvertently dealing with an unauthorised business, but also serves as a useful reminder to other firms that offer similar cover that they may need to seek authorisation.
The 2012 Presidential election is still pretty far away. Even so, it is a good idea to keep track of what individual candidates think about health insurance. Rick Santorum thinks that Americans die because of “bad choices”, and that it has nothing at all to do with lack of health insurance.
Rick Santorum recently held a question and answer session with students from Dordt College, (which is a Christian college in Iowa). Rick Santorum is one of the people who is hoping to become the Republican Presidential candidate for the 2012 election.
A student named Ryan Walters asked: “If not for our social programs, how can we as a society care for our poor?”
Rick Santorum answered that it was up to the individual to provide for the poor.
One of the main reasons for having life insurance is that you’re able to secure your family financially in your absence. These are the people that you love and take care of. These are the ones who look out for you when you’re not able to look after yourself. They have the privalege of doing it again one last time for you. When you pass, the closet people to you are the ones that have to take care of your burial, funeral and allow people to say their appropriate goodbyes one last time. Don’t they deserve to get one last gesture of your appreciation or love for them?
This is why getting a life insurance quote from indemnity providers is the best way to do this. Anoth Read more…
Low monthly premiums on family car insurance can help out your budget tremendously. There are many places to look in order to get the auto insurance quote that you need. Affordable prices are still available as long as you dedicate a little time to the search.
The only way that you can save money on your family car insurance is to identify your actual needs. Consider how many cars you have and how many people are driving all of these cars. Now look at your current policy or policies.