Property/casualty insurer profits to rise in 2012: Fitch
December 31, 2011 by Lilly Hudson · Leave a Comment
Healthier premium growth and improved underwriting results should boost U.S. property/casualty insurers’ profits in 2012, Fitch Ratings Inc.
In its “2012 Outlook: Property/Casualty Insurance” report released Thursday, Fitch assigned the industry a “stable” outlook. The New York-based rating agency said the industry’s capital position remains strong and that most insurers have sufficient capital to manage through “significant future adversity.”
The report noted that weak underwriting performance and low rates of return on investment promoted “a sharp decline in 2011 profitability” for the industry. But Fitch said Read more…
Trip Insurance Ensures You See Green Even When Airline Doesn’t
December 13, 2011 by Lilly Hudson · Leave a Comment
Most travel cancellation insurance plans offer coverage against the bankruptcy of a travel supplier (be it a travel agent, hotel, or other travel-related service) or an airline.
83 mpg Ford Focus 2012 to be unveiled in Frankfurt
December 6, 2011 by Lilly Hudson · Leave a Comment
The 2012 Ford Focus could blow the competition away with an unrivaled mile per gallon output, Fox News reports. Ford will unveil the gas-sipping vehicle at the Frankfurt Motor Show as the most gas-efficient, non-hybrid small vehicle on the market.The 2012 Focus has a turbocharged diesel engine with start-stop technology – meaning, similar to hybrid cars, as the vehicle slows down or stops, the gas-powered engine shuts off to save fuel, according to the new source. The grille shutters are active which increases the aerodynamics at higher speeds.Because Britain uses Imperial gallon – which is 20 percent larger than the U.S. g
Hurricane Season Spawns 19 Storms in Third-Most Active Year
November 30, 2011 by Lilly Hudson · Leave a Comment
The Atlantic hurricane season spawned 19 storms, including Irene, which struck the East Coast in August leaving destruction from North Carolina to Vermont, a National Oceanic and Atmospheric Administration statement said.
The peak-storm period, which ends Nov. 30, ties 2010, 1995 and 1887 as the third-most-active one since 1851, according the statement. The average season produces 11 storms with winds of at least 39 miles (63 kilometers) per hour.
“This season is a reminder that storms can hit any part of our coast and that all regions need to be prepared each and every season,” Jack Hayes, director of NOAA’s National Weather Service, said in the statement.
Hurricanes inflicted 153.7 billion in insured U.S. losse Read more…
Signing on to International Student Insurance
November 21, 2011 by Lilly Hudson · Leave a Comment
Add to this the confusion and adjustment issues in a new country, and it is indeed a stressful time for the international student.
Different Types of Business Insurance Coverage
November 20, 2011 by admin · Leave a Comment
Ok, so you know that you need business insurance, but how do you determine the type of indemnity that you need for your company? There are many ways to receive insurance that ensures that your company will be financially secure if something happens. Before you request a company cover quote from insurance providers, you must first know the different types of insurance available to you. The first type of insurance to consider is general liability. This coverage protects your business in the event that someone is injured in your business facility or by a product or service that you sell. Read more…