Thursday, July 19, 2012

Better Auto insurance


n its first six months, the Consumer Insurance Board has signed up nearly 4,000 members in the Chicago area. The group's goal, says Quinn, is simple: "better insurance protection, whether it is auto, life, or health--for lower prices."
Last spring Chicago's city clerk agreed to the Citizen's Insurance Board's request to include a letter by Ralph Nader on excessive auto-insurance rates in all vehicle-registration renewal notices. Within months, thousands joined the group. Teamsters Local 710 has promised to include Consumer Insurance Board information in its mailings. And Quinn says the Cook County clerk will include a Consumer Insurance Board letter in its bulk mail.

Sunday, July 8, 2012

progressive insurance


Insurance Auto Auctions Inc. (NASDAQ: IAAI), the leading provider of automotive salvage services in the United States, today reported that net sales for the quarter ended Dec. 31, 1996 were $64.4 million.
Mr. Alampi, president and CEO said, "Linda Larrabee, Senior Vice President and Chief Financial Officer and I have completed our first six months with Insurance Auto Auctions. Both of us have been able to get familiar with the Company's operations, its strengths and its weaknesses. We evaluated various agreements that the company made in the past in relation to our current focus and strategic plans. As a result of these evaluations, we decided to recognize, as a special charge, the expense related to the termination of pre-existing agreements that no longer have value to our current strategy.
"We also entered into an agreement with Bradley S. Scott, former Chief Executive Officer and Chairman of the Board that terminates his employment agreement with the Company and provides that he will serve as an outside Director and Chairman of the Board. We will complete the centralization of our corporate groups at our corporate headquarters in Illinois by mid-summer, and we negotiated a buyout of a long-term lease for property in Woodland Hills, California. The net of these terms recognized as special charges is $1,395,000. Now, we are ready to focus on implementing our strategic plans."

AARP news

http://www.huffingtonpost.com/2012/07/05/supreme-court-health-care-ruling-aarp_n_1647655.html

Insurance attorny

According to the Bureau of Labor Statistics (BLS), lawyers in the legal services industry earned an average salary of $136,540 in 2009 (www.bls.gov). Payscale.com also claims that attorneys in the insurance industry made between $58,167 and $100,237, as of August 2010.
Many different types of insurance litigation attorneys perform various tasks on specific cases. For example, insurance subrogation lawyers deal with things such as workers' compensation, group health and uninsured motorist lawsuits. Insurance defense lawyers handle cases regarding car accidents, asbestosis claims and wrongful deaths. Insurance coverage litigation attorneys cover both defense and prosecution cases having to do with commercial risk policies, insurance contracts and environmental coverage.

Geico Auto Insurance


Founded in 1935, Geico began as the brainchild of Leo and Lillian Goodwin. After ten years of Leo’s working for USAA, an insurance company specializing in insuring military personnel, the married couple came up with the idea of selling insurance to government employees and the families of government employees.
The USAA was dominated by military personnel and it was very difficult for civilian employees to win promotions and raises within the company so Goodwin’s employers gave him no other option but to found his own company if he wanted to keep his upwards momentum going.
Interestingly, GEICO actually stands for Government Employees Insurance Co. even though Geico Car Insurance has never held any official government affiliation beyond selling to government employees.
Since 1973, GEICO Car Insurance has been selling to the general public, and after a few financial missteps in the mid 70′s recession, leading to a $126 million loss, the company eventually recovered and became a wholly owned subsidiary of Berkshire Hathaway and has become the US’s third largest direct writer of private passenger car insurance.
Currently the company can be found headquartered at their offices at 5260 Western Avenue in Chevy Chase, Md 20815.

Why choose Geico

- GEICO started out insuring only government employees (Government Employees Insurance Company) so they respect that relationship by giving them a discount. Also, statistics show that the military and government employees drive the safest. 

- Younger drivers drive worse. You didn’t know? 


-  Studies (I don’t know which ones, but this is what they told me) show that people with education that continue past the high-school level drive more safely than others. 

-  People who have clean driving histories for an extended period of time have apparently learned to drive safely. That or they are very lucky.