Insurance Agents Boosted By Clunker Sales

Most consumers who sped off dealership lots in new vehicles, thanks to the government's cash rebate incentive Clunkers also departed from something else - more expensive car insurance.

Car Allowance compensation system has boosted sales of new cars 700.000 of the country after the driver in the course of their older gas guzzlers for new, more fuel efficient vehicles.

Local insurance agents say, new cars require more coverage, and their customer traffic began to increase when it entered into force on 27 July, did not end until August 24.

"We are seeing increased traffic and talked with some cash to customers clunker said Wilson Brown of Nationwide Insurance at 405 N. Elm St." A lot of people have added comprehensive and collision coverage of their policies (after buying new cars). "

Since most of the "clunkers" are older vehicles that have not been paid, many clients who have participated in the program are covered only by liability insurance or coverage that is offered for bodily injury or property damage for which the insured driver is deemed responsible . New cars bought through a loan or lease, however, is required by most lenders have collision coverage that pays for the insured driver of the vehicle when they are involved in the accident.

"People trade in many older cars, which not only responsibility, and because they are buying new cars, they are adding to their policy," said James Whitley, the Morton Whitley Insurance at 2610 N. Main St. It has created a business and increase premiums.

Whitley said customers also visited the agency before going to the dealership in order to determine whether he can afford the new policy.

Dewey Beckner, an agent with Allstate Insurance Co. said it is impossible to know how much money an average customer Clunkers increased their car insurance payments, because it depends on the number of vehicles are attached to the policy, but the program still mixed a few new businesses.

"We are disappointed that we did not get a new policy from the program, and it is people who have insurance, adding," he said. But there were many good things about this program. "
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Are Insurance Limits Too Low?

A new statistical analysis shows that more than 28.000 companies of the carrier vehicles, which operate 200,000 trucks violations of federal safety regulations.

Process Bar Association, the American Association for Justice (AAJ), said he found commuters share the road with trucks, which suffered one thousand safety violations such as faulty brakes, bald tires, loads that exceed the weight limits dangerously and driving with little or no training or alcohol, drugs and addictions.

Group also stated that the current minimum insurance requirements Truckers are inadequate.

AAJ said that the data on the safety performance of U.S. companies ride from the Federal Motor Carrier Safety Administration (FMCSA).

States in which the ratio of companies found in violation of safety above the national average to West Virginia, North Dakota, Nebraska, Vermont, Iowa, Montana, Delaware, Idaho, Arkansas, Connecticut, Kentucky, Minnesota, North Carolina, Oregon, Indiana, Mississippi, Wisconsin and South Dakota.

According to the FMCSA more than 4,000 people die every year in collisions with trucks and 80000 are more seriously injured. Moreover, while trucks account for less than four percent of all passenger vehicles on the road in the U.S., they are involved in 12 percent of all motor vehicle fatalities.

AAJ also argues that the minimum insurance requirements for commercial trucks are "totally inadequate to compensate those who were seriously injured in collisions involving multiple vehicles and multiple victims. In 1980 Congress set a minimum level of insurance to $ 750,000, after factoring in inflation , $ 750,000 only $ 292,000 in 1980 dollars, according to the analysis.

While large companies driving may carry more than the required level of coverage, smaller companies often perform only the minimum, according to the AAJ. AAJ Analysis of the U.S. horse industry found that 87 percent of companies in violation of safety standards for small businesses that have fleets of 10 trucks or less.

AAJ said that many fatal accidents involving trucks dangerous are not recorded as a breach of security. 2005 Government Accountability Office (GAO) study showed that almost one-third of commercial motor vehicle accident that the states are required to report on the federal government have not been registered. In addition, do not, bug reports, the State has always been accurate.

The following analysis AAJ July 2009 GAO study, which showed that more than 1,000 commercial trucking companies, which have been procured from service because of federal safety violations to avoid compliance by operating under a different name, but often use the same owner, address, and employees.

AIG, Former CEO Greenberg, CFO Smith Agree to Binding Arbitration

American International Group, Inc., its former Chairman and Chief Executive Officer Maurice R. Greenberg, and its former Chief Financial Officer Howard I. Smith jointly announced today that they have agreed on terms for binding arbitration of various legal disputes between AIG, on the one hand, and Greenberg and Smith, on the other
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Fortis secures £20m Toyota contract

Fortis Insurance UK has won a £20 million contract to provide car insurance to Toyota customers.

Fortis said the offer in consultation with the UK partner of Aioi Insurance Toyota, will help it build its position as the third largest UK motor insurer.

Aioi Motor and General insurance claims will continue, and Fortis will be responsible for sales, administration and claims services. Fortis will be undertaking some activity guaranteed by Aioi.

Three-year contract will create about 70 new jobs in the UK offices in Stoke-on-Trent and Gloucester.

Barry Smith, CEO of Fortis UK, said, "expects" to work with Aioi.

"This new relationship is a significant step forward in our multi-channel distribution strategy, reinforcing our strength in the private car insurance market," Smith said.

"Our approach is customer-driven and market-leading performance are key ingredients for our growth in the global affinity, which recently secured the number of new compounds.

Final binding partnerships to be agreed within the next two months.

Toyota said the company is "pleased" with the cooperation with Fortis.

State Auto Insurance Appoints New Chief Claims Officer

The State Auto Insurance Companies has appointed Stephen Hunckler as director of claims. He succeeds John Melvin, who previously announced his retirement in 2009.

Mr. Hunckler was recently vice president and chief claims Balboa Insurance in Irvine, California, where he was responsible for the overall implementation of the claims and supporting the company's strategy 3 billion U.S. dollars of accounting firms.

His 33 years of professional experience, but includes all six in the real estate and insurance claims arising from accidents, senior management functions held at CNA, Travelers, AIG and Zurich American.

Mark Blackburn, State Auto vice president and general manager, said: "We are fortunate that someone is Steve our experience and success leading organizations claim that meets the promise we make to our independent agents, policyholders and applicants daily. Steve understands our promises and looks forward to leading already talented organization contends that even more effective. "

Auto Insurance Saving

Hartford Financial Services Group has advice for saving on auto insurance. Learn more on hartfordauto.com.

This three-step, 10-minutes plan is designed not only to help you save money but also help keep protected:

Step 1 - think long term: Most insurance companies think in the longer term also, and they prove it by offering additional benefits for a long time, loyal customers. Drivers of change in mind, insurers simply to save on your monthly payments should first contact their insurer to see additional savings may be eligible for fast.

Step 2 - Step discounts when insurance companies have their own set of numbers that are used to assess the potential risks of individual drivers, there are ways to make the numbers work for you by consolidating. For example, many suppliers offer a group of employers or through professional, business and alumni groups or other associations. You can also consider the family discount. Similar to any cell phone family plan, most companies are able to offer special discounts when many households motor or even homes in the same plan. Another discount is a low mileage discount which is good, who hitch-hiking.

Step 3 - Pay wisely: Believe it or not, paying rent period may actually have an impact on the cost of car insurance. That's because your credit score is an important factor in determining prices. And that means an account payable acrobatics may actually cost more to insure. If you find yourself with the best of the difficult financial decisions, try to increase the deductible on your policy. Increasing the deductible from $ 250 to $ 500, for example, can reduce collision and comprehensive premiums reach 15 to 30 percent while keeping you protected in the event of an accident.
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Aon expects rates rise on motor insurance

UK companies renewing their motor insurance policies in this quarter is expected to see an increase in premiums, Aon warned this week.

The survey by the insurance companies brokers predicted a 91% increase in rates for the third quarter.

This is in contrast to the second quarter, when an individual insurer respondents said rates would be suspended.

However, as the recession strengthens its grip companies reduced their fleet of vehicles, and thus their insurance issue, the increase in premiums.

The poll also found 40% of brokers expect the third quarter growth rates for the accident / liability insurance, and 35% expected growth in property insurance.

"Insurers continue to tell us that the fastest growth rates in order to return to a sustainable level of profits," said Steve Redgwell, head of broking for Aon for medium and large companies.

"However, while the reserves are enough surplus in some areas, fueled by new entrants and competition among insurers in respect of the income, is to keep rates down.

"Aon contends that the overall result in minor changes to the real estate and insurance, but it is expected that the growth rates for these categories in Q4.

"There is a strong consensus among the motor insurers' rates will continue to grow slowly for P3 and P4 as the losses are simply unsustainable."

BBC weatherman caught driving without insurance

BBC Weatherman Des Coleman has been a ban on driving for three months after they were stopped by police driving without insurance.

Former Eastenders actor, who presents the weather for the East Midlands Today, was sentenced in court this week after the crime was committed in November last year.

Coleman, 44, faced the minimum six month ban, but the prohibition period reduced by the court, he claimed that his cause undue hardship.

"We found that exceptional hardship has been proven, because of the impact and loss of income for your family," said the judges.

Coleman told the court he was unaware that his insurance expired, because the warning was not issued by insurance companies.

"I am absolutely gutted," he said in court.

"In a sense I am glad they stopped me because otherwise I could have been driving without insurance for a long time."

He added that he was "ashamed" of a crime

In addition to the prohibition on driving, was fined £ 800 plus £ 200 costs and £ 15 victim surcharge

Potrero Media Responds to Client Demand in Auto Insurance Category

Potrero Media a leading performance marketing agency, announced today that expands its offerings to the automotive insurance division. Potrero Media offers comprehensive, expert advice for consumers looking for all types of insurance, and brings her years of insurance experience ever automobile.

The economy, where people are closely watching their budgets, saving for a car such as insurance means a lot to consumers, a growing number of online shoppers. As of June 2009 Google Compete.com Webinar "Shopping For Auto Insurance: Role of Search in Consumer Research Online," a monthly Auto Insurance shopper volume increased by 17% from the January / February 2008 to January / February 2009. Despite the shrinking of vehicle sales online auto insurance applications rose in early 2009 - in part because 64% of the buyers want to be auto insurance policy to replace an existing vehicle.

Media Potrero expansion auto insurance comes as a result of both increased customer demand and needs of consumers. Potrero Media customers have demonstrated that the level of service not be used otherwise than for other comparable providers - Potrero Media focuses on the consultative approach to customer acquisition, providing brand and marketing services provide consumers with interested customers. This emphasis on quality service and results in different experiences for customers - customers and answered more questions Potrero Media.

"Our entrance into the categories of auto insurance may not be time better. In addition to the growing wave of online auto insurance application, your own insurance carrier for our customers to provide the same services and technology solutions, which have offered them in the health, life and home category," said Potrero Media President Rick Natsch. "Because our platform is based on high performance and scalability, we are able to quickly add this important category of insurance carriers and consumers on the Internet."

Potrero media is able to use technology and marketing knowledge refined over the past 10 years to help buyers find a need at a price range can afford, with particular emphasis on high quality results for clients. To ensure the best possible results for their clients, Potrero Media is informed about the latest state and federal laws and is constantly monitoring current events and consumer needs. Extending the offer as auto insurance is the key to buying auto insurance, which leads them to the shop and in contact with the test agent.

About Potrero Media Corporation:

Potrero Media Corporation is a leading performance marketing agency specializing in search marketing, customer acquisition and online services for insurance companies throughout the world. At Potrero Media, the consumer is always the most important. This approach has helped Potrero Media to build and maintain a reputation for providing high-quality leads in the industry.

Police Arrest Two in DUI Check Lane

One person was arrested for driving under the influence at DUI check lane Wichita conducted by the police last weekend.

Another 65 people were tickets to various offenses in the clearing of the belt, which was carried out on the Seneca and 31st Street South between 10:30 and Friday 2 am Saturday.

One person was arrested for conducting a suspended license.

Most of these quotes were not safety belts that do not have proof of auto insurance or do not have proof of that license.

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Uninsured drivers up 33%

The number of drivers driving without insurance rose by a third over the past 12 months, research by moneysupermarket.com revealed this week.

One in five drivers are now increasingly driving without insurance, the study by price comparison site discovery.

This is compared to 15% of drivers who were on the road without insurance in 2008.

Male drivers are more likely to drive without any protection, the study showed that 23% of them, compared to 16% of women drivers.

Younger drivers were also exposed as more willing to take the risk of driving uninsured.

Almost two in five drivers in their 20s have driven without cover, compared to 7% in the sixties.

"How disappointing to see so many Brits are uninsured on the road - it is worrying that we see every fifth car is not covered," said Steve Sweeney, moneysupermarket.com is the head of insurance.

Sweeney warned drivers that driving without coverage could cost them a license.

"Regardless of distance, driving without insurance is illegal," he said.

"Anyone caught can face tough sanctions, which include on-the-spot £ 200 fine and six points on their license.

Record Breaking Sales at Kwik Fit Insurance

Kwik Fit Insurance (KFI) reported record breaking sales this week, which saw the leading insurance broker boast its strongest data for one day of trading, because the company was founded in 1995.

The Lanarkshire-based company's landmark day saw more than 1,500 new policyholders to sign the Kwik Fit Insurance brand in just 24 hours.

The staggering volume of sales in new car insurance polices increases the company's presence in the highly competitive car insurance market..

Happy Kwik Fit Financial Services Group Managing Director, Brendan Devine, said: "Our products are not very popular among our customers and employees should be congratulated for the hard work and enthusiasm shown towards this record breaking result.

"The commitment and relentless effort displayed by our staff ensures that customers continue to receive the best possible products and services. It's fantastic to set new record sales days and sets a very high benchmark for the next record attempt."

As well as car insurance, Kwik Fit Insurance provides home insurance and a broad range of insurance products for small and medium-sized enterprises, the distribution of cover, motorcycle and van insurance, as well as travel and pet insurance.

Drivers could be at risk of losing cheap cover

Experienced drivers can be exposed to the risk of losing access to cheap car insurance, if any new studies to travel.

Examination of Kia saw a group of drivers has long been re-sitting their driving test and the manufacturer claimed, he was shocked by the results.

Approximately 50 percent of participants did not challenge, and those that were rejected in mid committed a serious error.

Kia said the driver narrowly missed a pedestrian who stepped on the road between two parked cars.

In light of the results of the experiment, the company has called for more to be done to improve driving standards in the United Kingdom.

Sue Mulcaster spokesman said the company ensures its cars equipped with a number of protective systems.

But she said: "Realistically, we hope that drivers will not have a reason to study these functions of security, and fighting for higher standards of driving, [we] aim to reduce the number of road accidents in Great Britain."

Meanwhile, drivers who take every precaution to avoid a collision may be able to build a healthy no claims discount on their car insurance.

Motor premiums soar on fraud and personal injury costs

New research from AA Insurance shows that the car insurance premiums are rising at a faster pace than any time since 2000.

According to the insurer, comprehensive cover rose to an average of £ 778.13 at the end of June, up 3.5% from the end of March and has shown an increase of 11.3% a year earlier.

For Third Party Fire & Theft, the average premium was £ 968.22, with an average of 4.6% during the three months to the end of June and 6.9% in the last 12 months.

Fraud and upper body injuries and legal claims are largely to blame, and the bill footed by the fair uninsured drivers involved in accidents.

AA Insurance director, Simon Douglas, says: "In the last year predicted that it will increase the premium of 10% or more and the current evidence supports this change."

He adds that there was no upward trend easing.

AA is a reminder to drivers heading across the Channel the British that they could face up to study roadside saliva drug if they are not caught in safety belts or speed in France.

As part of a campaign to reduce the country's road accident charge, the French authorities have adopted a more aggressive position against driving under the influence of drugs.

According to AA, the penalties are severe and the risk of offense in two years' imprisonment and a fine of € 4,500.