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December 22, 2008

Wife: Former N.C. insurance commissioner in coma (The Virginian-Pilot)

Filed under: Insurance Information, Insurance Reform, Life Insurance — Admin @ 10:20 pm

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RALEIGH, N.C. The wife of former North Carolina insurance commissioner Jim Long says her husband is in a coma after suffering a stroke last week. In a statement released Monday by Rex Hospital, Long’s wife Peg O’Connell said doctors hope he will regain consciousness soon.


La. insurance dispute goes to courtroom (KATC 3 Lafayette)

BATON ROUGE, La. — A judge will hear arguments Tuesday in a dispute over public records between the Louisiana insurance commissioner and the Legislature’s auditing office.

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December 17, 2008

Auto insurance laws

Filed under: Auto Insurance, Insurance Information — Admin @ 1:49 pm

Auto insurance laws
In the following article, I would like to take the time to tell you about the auto insurance laws. The main reason that you need to know about auto insurance laws is because of the fact that you are going to need to know what the requirements are for your state so that you know the different requirements that are in order for your state. Each and every individual state has auto insurance laws, if you are interested in learning about the auto insurance laws you should be able to find all of the information that you need to know about the auto insurance laws on the internet. All you have to do is log on and then look for your state in reference to the auto insurance laws so that you are able to accurate and up to date information. Most of the states are actually requiring drivers to actually have auto insurance that covers liability before they are actually able to drive a car. In case you are unaware of what liability insurance is it is the type of insurance that pays the other drivers costs such as the medical costs and the costs to repair the car and also the other costs that are associated with an accident at the point and time that the policyholder is not at fault in the automobile accident. It is a known fact that all of the different states have took the time to have laws drawn up that set the actual minimum amounts when it comes to insurance as well as the other financial security drivers which have to pay for the actual harm that is caused by their actual negligence when they are behind the wheel at the point that the accident occurs. However, even though there are laws that are in place in states stating that you have to have insure before you are able to drive there are still many of the drivers out there that are driving that do not have insure so therefore they are driving uninsured. There are many reasons that those people are driving uninsured, one reason is because of the fact that the drivers cant actually afford insurance and there are some drivers that have surcharges for other accidents or other serious traffic violations that really don’t want to pay for the high premiums that they would have to pay for.

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December 16, 2008

Fiserv Insurance Faces Rebranding Challenges, Opportunities (Insurance and Technology)

Filed under: Insurance Information, Insurance Reform, Life Insurance — Admin @ 5:18 pm

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Following acquisition by private equity fund, Fiserv Insurance rebrands as StoneRiver; faces identity challenges but also opportunities of private ownership.


La. insurance dispute goes to courtroom (KATC 3 Lafayette)

Associated Press - January 26, 2009 6:44 PM ET BATON ROUGE, La. (AP) - A judge will hear arguments Tuesday in a dispute over public records between the Louisiana insurance commissioner and the…

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December 13, 2008

Health Insurance: What You Need to Know (New York Times)

Filed under: Auto Insurance, Insurance Information — Admin @ 7:05 pm

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With Americans spending an ever increasing amount on medical costs, it?s more important than ever to have insurance that fits your health care needs.


Analysis: Fla. insurance bind overshadows La. (AP via Yahoo! Finance)

For Louisiana homeowners stunned by their rising insurance rates, remember that it could be worse. You could live in Florida.

Insurance auto auction
In the following article, I would like to take the time to tell you what an insurance auto auction is. An insurance auto auction is when the insurance companies hold an auction in which they sell the cars that have been wrecked by their clients in which they were totaled out. The reason that the insurance auto auction takes place is so that the insurance companies can at least get something out of the cars that have been wrecked. When you get insurance on your vehicle and you have collision, then the insurance company will offer you a pay off for the car if it is totaled out in which they will pay you the book value of the car and then they will take the car to an auction and sell it instead of just considering it a piece of junk. Most of the time when an insurance company totals out a car there is nothing seriously wrong with it. Yes, there is damage to the car but there are times when the damage can be fixed. If you are in an accident and your car is totaled out and they write you a pay off for the car then you will also have the chance to buy the car back for a lesser value because of the fact that it has been wrecked. The main reason that the insurance companies give you this opportunity is so that they are able to make some money off of it. If you are not interested in buying the car back then they will send it to an auto insurance auction in which it will be sold to someone else whom is interested in purchasing it. You can also go to the auto insurance auctions if you would like to and take a look around and see what you think about the whole situation, you may even find something that you are interested in purchasing. However there are some people that will not drive a car after it has been wrecked and I am one of those people. The reason that most people want drive a car after it has been wrecked is because they do not feel safe in the vehicle anymore. The reason that these people don’t feel safe in the vehicle is because of the fact that they know something has already happened to the vehicle which is the fact that it was in an accident.

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