| Car Insurance Rates Declined in 2006 Reports Insurance.com | | Posted Thursday, February 01, 2007 2:59:45 PM by Blog57 Team | | CLEVELAND--Insurance.com, the largest online auto insurance agency in the United States, reports a decrease in auto insurance rates depending on geographical location. The company's 2006 Auto Insurance Pricing Report shows a national decline in premiums of 5.7% or approximately $116 in 2006. Based upon data drawn from the lowest average car insurance rates viewed by over 1.1 million consumers in 2006, the 2006 Auto Insurance Pricing Report gives some interesting insights into state-specific pricing trends, as well as the general trends of insurance premiums. "We've seen a trend towards more affordable insurance over the last couple of years - Insurance.com's 2006 Pricing Report supports this conclusion," said Dave Roush, CEO of Insurance.com. States that showed a continuing decrease in insurance rates over the last two years included Minnesota, Pennsylvania and California, while Delaware, Rhode Island and North Carolina saw increases last year.... | |
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| | | Indiana Insurance Adds Online Billing Option for Commercial Customers | | Posted Thursday, January 25, 2007 1:09:55 PM by Blog57 Team | | Indiana Insurance, a member of Liberty Mutual Group, is expanding its Online Billing Service Center to allow its commercial lines customers to make online payments and view their account summaries and payment histories. Commercial customers can choose Electronic Fund Transfer (EFT), credit, or debit cards to make single payments online. Personal lines policyholders can also set-up automated, recurring EFT payments, eliminating postage expenses, installment fees, and possible late fees. MasterCard International's 2005 study on recurring payments found that more consumers (67 percent) now pay recurring bills automatically than by check (64 percent), the first time automatic payments have surpassed checks as the most common method of paying recurring household bills.... | |
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| | | Lack of flood insurance holds up home plans | | Posted Wednesday, November 15, 2006 3:00:52 AM by Blog57 Team | | COLD SPRING - His inability to obtain flood insurance has one Cold Spring resident fearing his plans to buy a new home in the city are washed up. Dan Andrews III, 30, is trying to close on a house on East Alexandria Pike along Owl Creek. But since the city doesn't participate in FEMA's National Flood Insurance Program, Andrews said he can't get flood insurance from any broker, which his bank lender has required. .... | |
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| | | S. Korea's online car insurance buyers top 2 mln | | Posted Tuesday, November 14, 2006 1:11:33 PM by Blog57 Team | | SEOUL, Nov. 8 (Yonhap) -- More than two million South Korean drivers have purchased car insurance online, as Internet-based insurers offer much lower rates than offline rivals, industry sources said Wednesday. As of September, 2.01 million automobiles, 13 percent of the total insured vehicles, were insured through online car insurance, according to the sources. Online auto insurance products, first launched in 2001 by industry leader Kyobo Auto Insurance, are sold over the Internet and by telephone. Their premiums are about 30 percent lower than those offered by offline insurers. The share of car insurance sold online, which stood at 2.3 percent of the overall auto insurance market, is expected to easily surpass 15 percent this year, the sources said.... | |
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| | | Verified Insurance Leads Made Possible by QuotesAuction.com | | Posted Sunday, November 12, 2006 7:16:32 AM by Blog57 Team | | North Hollywood, CA (PRWEB) November 10, 2006 -- Millions of Insurance buyers request insurance quotes online, but not all of them are looking to buy insurance. QuotesAuction.com has created a new technology that automatically calls prospects to verify the intent to purchase insurance. After the verification process is complete, prospects information is automatically e-mailed to agents in real time. QuotesAuction.com helped insurance agents increase sales and achieve a better closing ratio. .... | |
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| | | Malpractice insurance rates decrease for Ohio doctors | | Posted Thursday, November 09, 2006 7:19:29 AM by Blog57 Team | | COLUMBUS, Ohio — Four of the state's five largest medical malpractice insurers have revised their rates to produce an average decrease of almost 2 percent for Ohio doctors this year, following years of increases, the Department of Insurance said Wednesday. The 1.7 percent decrease in rates follows an average increase of 6.7 percent in 2005, and hikes of 20 percent in 2004 and 30 percent in each of the two previous years. "Stabilizing measures taken in the last few years by the Ohio Department of Insurance and the Ohio Legislature to reverse Ohio's medical liability insurance crisis continue to show positive results," Director Ann Womer Benjamin said in a release. "We are still closely monitoring the market and rates to ensure Ohio's health care delivery system remains functional." One of the insurers, Medical Protective Co., became the first in six years to lower rates when the department approved a 5 percent decrease in January.... | |
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| | | Health Insurance Plans and Pharmacists Launch Interactive Online Guide to Help Seniors Choose a Medicare Drug Plan | | Posted Monday, November 06, 2006 7:16:20 AM by Blog57 Team | | Millions of Medicare beneficiaries now have access to a new online resource to evaluate their prescription drug plan choices for 2007. By visiting http://www.healthdecisions.org/guide, beneficiaries can work through an interactive prescription drug plan guide to determine which type of drug plan best meets their individual needs. America's Health Insurance Plans (AHIP), the National Association of Chain Drug Stores (NACDS), and the National Community Pharmacists Association (NCPA) launched this interactive online guide as part of an ongoing national campaign to educate seniors about their prescription drug plan choices. The guide provides clear and concise information to help seniors and their loved ones evaluate their current prescription drug plan and make decisions about future coverage.... | |
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| | | Under Certain Terms, This Life Insurance Pays Off | | Posted Friday, November 03, 2006 3:24:13 PM by Blog57 Team | | Many people scoff at us buyers of term life insurance. They claim we're suckers for paying out hundreds of dollars a year for a policy we can't collect on while we're alive. That sums up several comments I fielded in a recent online discussion with Kimberly Lankford, author of "The Insurance Maze: How You Can Save Money on Insurance -- and Still Get the Coverage You Need." Her book was the Color of Money Book Club pick for October. .... | |
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| | | Lloyd's Group big in insurance | | Posted Tuesday, October 31, 2006 7:00:29 PM by Blog57 Team | | THE largest underwriting syndicate on the Lloyd's of London insurance market has been created. Bermuda-based group Catlin agreed to buy Wellington Underwriting in a £591 million cash and shares deal to bring the syndicate into being. This article: http://edinburghnews.scotsman.com/business.cfm?id=1610482006 Last updated: 31-Oct-06 11:52 GMT .... | |
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| | | InsWeb Reports Third Quarter Results | | Posted Sunday, October 29, 2006 1:14:03 PM by Blog57 Team | | SACRAMENTO, CA -- (MARKET WIRE) -- October 25, 2006 -- InsWeb Corp. (NASDAQ: INSW) today announced results for the third quarter ended September 30, 2006. Revenues for the third quarter were $7.5 million, compared to $6.9 million in the third quarter of 2005 and $7.5 million in the second quarter of 2006. Net loss for the third quarter of 2006 was $1.6 million, or $0.39 per share. This compares to a net loss in the third quarter of 2005 of $1.4 million, or $0.34 per share, and to net income for the second quarter of 2006 of approximately $247,000, or $0.06 per share, which included a gain of $2.0 million from the sale of InsWeb Insurance Services' property and casualty agency book of business. "Total revenues grew approximately 9% over the same period last year on 4% fewer consumers, a result of a 14% improvement in our overall revenue per consumer," said Hussein Enan, chairman and CEO of InsWeb.... | |
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