Battle of the Sexes Boosts Kwik Fit Insurance Sales
Thursday, July 02, 2009
Kwik Fit Insurance (KFI) played host to a battle of the sexes on Monday as they undertook their second major sales day of 2009.The day, which saw the firm negotiate discounts for its customers, was a huge success as KFI enjoyed some of its strongest sales figures since it began trading in 1995.In addition to strong car insurance figures, KFI also benefited from a surge in home insurance policy sales as the company continues to make a concerted effort to build it's presence in the home insurance market....
AIG Closes Sale of 21st Century Insurance to Farmers Group
Thursday, July 02, 2009
American International Group, or AIG, has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG's US personal auto insurance business, to Farmers Group, a subsidiary of Zurich Financial Services, for $1.9 billion.Farmers Group also assumed 21st Century's outstanding debt of $100 million.The transaction excludes AIG's private client group, which provides property and casualty insurance to high-net-worth individuals....
AIG Completes Sale of 21st Century Insurance to Zurich Financial Services Group Unit
Wednesday, July 01, 2009
American International Group, Inc. (AIG) announced today that it hasclosed the sale of 21st Century Insurance Group, the wholly ownedsubsidiaries of AIG's U.S. personal auto insurance business, to FarmersGroup, Inc. (FGI), a subsidiary of Zurich, for $1.9 billion, consistingof $1.7 billion in cash and $200 million in face amount of subordinated,Euro-denominated capital notes backed by Zurich Insurance Company,Zurich's principal operating unit. FGI also assumed 21st Century'soutstanding debt of $100 million.The transaction excludes AIG's Private Client Group, which providesproperty and casualty insurance to high-net-worth individuals....
CarInsurance.Com Premium Index Shows Significant Decreases in Car Insurance Premiums
Wednesday, July 01, 2009
CarInsurance.com announced today the current trend of car insurancepremiums. CarInsurance.com Premium Index (CPI) shows the nationalaverage of auto insurance premiums and it can be reviewed at http://www.carinsurance.com/Premium-Index.aspx.In addition to CPI, CarInsurance.com offers tools to show historicalaverage premiums, auto insurance changes, and state trends....
Insurance.Com RateWatch Reports Car Insurance Prices Increased in June
Wednesday, July 01, 2009
6 Insurance Myths That Could Cost You a BundleCLEVELAND, July 1 /PRNewswire/ -- According to Insurance.com's RateWatch for Car Insurance, average annual auto insurance rates increased in June 2009 to $1,884 after 4 months of steadily declining rates. "It's unlikely rates will change significantly in the second half of the year," said Sam Belden, Vice President at Insurance.com....
The Fayetteville Observer, N.C., Catherine Pritchard Column: Make Pleas to DMV to Keep Car Tag
Wednesday, July 01, 2009
All motor vehicles registered in North Carolina are required by law to be covered by liability insurance. At that point, the DMV sends a warning to the vehicle's owner, giving that person 20 days to prove the vehicle is covered by liability insurance before the license plate is revoked. A: You're talking about American Way Value Center, which closed earlier this year....
Insure.Com Announces the Most and Least Expensive SUVs & Minivans to Insure
Wednesday, July 01, 2009
DARIEN, Ill., July 1 /PRNewswire-FirstCall/ -- Packing up the family car for a summer trip? Results from research by Insure.com, Inc. (Nasdaq: NSUR) reveal the most and least expensive SUVs and minivans to insure.Insure.com calculated average car insurance premiums for almost 300 vehicles, including SUVs and minivans, for model year 2009....
Celebrate Your Independence
Tuesday, June 30, 2009
Fourth of July is a time for festivities with friends and family, but itis also one of the deadliest driving holidays of the year. GEICO offers the following reminder so you and your family have a betterchance of arriving home safely.Use your cell phone for emergency situations only and never textmessage while driving....
Cover-All Technologies Inc. Releases Massachusetts Commercial Auto for My Insurance CenterTM
Tuesday, June 30, 2009
Cover-All Technologies Inc. (OTC BB: COVR), a leading provider ofcomprehensive business solutions and services for the property andcasualty insurance industry, today announced the immediate availabilityof Massachusetts Commercial Automobile Rating & Policy Issuance. "We're constantly working to enhance the breadth and scope ofour offerings to help drive business results for our customers."Forward-looking statements involve known and unknown riskswhich may cause the Company's actual results in future periods to differmaterially from expected results....
Protect Your Motorcycle and Save Money With Progressive and LoJack
Tuesday, June 30, 2009
According to the National Insurance Crime Bureau, more than 60,000motorcycles were stolen last year: that's one bike stolen every 8.7minutes. The good news is that now even more riderscan save money and protect themselves from motorcycle theft by takingadvantage of a program from LoJack Corporation and Progressive.Riders can get a $50 rebate from LoJack on the LoJack for MotorcyclesStolen Vehicle Recovery System by downloading the online rebate form on motorcycle.progressive.com....