11/30/2008 News For: Commercial Vehicle InsuranceNational Insurance foresees dip in motor insurance business Kolkata, Nov 29: The state-run National Insurance Company is apprehensive of a 1-2 percent drop in its motor insurance business from the ongoing month due to the economic slowdown, a top official of the company said Saturday. Curb on CGL coverage creeping into market Restrictive commercial general liability insurance policies that are moving into the admitted market worry some experts that more policyholders with tough risks—particularly construction contractors—could unexpectedly find themselves with limited CGL coverage. Women to Watch Business Insurance 's Women to Watch feature is our attempt to identify some of the women who do outstanding work in commercial insurance, risk management, employee benefits and related fields. Terror insurance premium to rise With terror attack claims likely to wipe out over 70 per cent of the Rs 700-crore terror pool, insurers are expected to chip in with additional funds to replenish the corpus and raise the premium paid for terrorism insurance. Insurance scammer to serve more than 5 years in prison A Las Vegas insurance salesman who attempted to cash in on the deaths of 37 terminally ill people will spend more than five years in federal prison. William Reed Jenkins, 60, was prosecuted in Iowa for the scam. ESCONDIDO: Insurance requirements for cabs stirring debate ESCONDIDO ---- A recent decision to triple the liability insurance requirements for Escondido cab drivers has raised questions about the survival of small cab companies in the city. State Considers Health Insurance for Students Some state officials are trying to decide whether all college students should be required to have health insurance. About18 percent of Utah residents between 18 and 34 are uninsured, the highest rate in the state, according to a 2008 Utah Healthcare Access Survey. John T. Nielsen, Gov. Jon Huntsman's adviser on health care, said plans for a low-cost health insurance plan for students could be ... Advisers brought in to help with sale of Allen & Allen and Hero Insurance Allen & Allen, the motor insurance business, and LV's broker firm, Hero Insurance Services, are both up for sale. Celina Insurance Group to celebrate 50 years of business with Scharer Insurance CELINA - Celina Insurance Group recently announced it will celebrate 50 years of doing business with the Scharer Insurance Agency of Marion. Losses major factor in setting insurance costs The recent article on higher homeowners insurance rates in Alabama compares our average rate increase over the past five years with the national average. However, the article fails to compare losses in Alabama over the same past five years with the national average losses. |



