Latest Insurance News

German Launch Means New Jobs ; In Association With Business Venture Finance Firm Spreads Its Wings in Europe

By DAVID JONES Business Correspondent ONE hundred new jobs are on the way for a North Wales- headquartered financial services company after the launch today of its price comparison website in Germany. It is the first move into an overseas market for moneysupermarket.com which listed on the stock market earlier this year. But the company, which employs 600 people at its base at St David's Park, Ewloe, is known to be eyeing other opportunities on the Continent including possible launches ...

Sticks and Stones...

By Anonymous Words may hurt you and result in defamation lawsuits In one of the most recognizable commercials of today, a caveman-that's right, a caveman-becomes angered over an insurer's claims that filling out an application for its auto insurance is "so easy, even a caveman can do it." Subsequent commercials have the caveman venting his frustration with news reporters, news analysts and even a therapist. However, if that caveman really existed today, could he sue for defamation of charac...

RECORD Money: Norwich Union

TURNING the clocks back this weekend will spark a rise in car insurance claims. Figures from Norwich Union reveal the combination of Hallowe'en, Bonfire Night and clocks going back cause a massive increase in insurance claims. The switch to GreenwichMean Time on Sunday will mean come Monday commuters will find themselves hitting the roads in the dark. "Motorists need to adapt their behaviour to driving in the dark," said Simon Warsop, head of statistics at Norwich Union. "Some 15 per cent of ...

'Chauffeur' Relatives

GRANDPARENTS are clocking up a total of 3.8bnmiles a year "chauffeuring" their grandchildren around, a survey shows today. Grans and grandpas do an average 1,100 miles a year ferrying their grandchildren, the survey from Sheilas'Wheels car insurance found. If they ran taxi-style meters, grandparents would pocket fares worth an average pounds 3,160 a year. While the vast majority of such journeys are made when youngsters visit their grandparents, the school run, parties, discos, sport an...

WORLD Tonight: Here to Help

GRANDPARENTS are clocking up a total of 3.8 billion miles a year "chauffeuring" their grandchildren around, a survey shows today. Grans and grandpas do an average 1,100 miles a year ferrying their grandchildren, the survey from Sheilas' Wheels car insurance found. (c) 2007 Evening Chronicle - Newcastle-upon-Tyne. Provided by ProQuest Information and Learning. All rights Reserved.

Your MONEY: Avoid Perils of Teenage Car Insurance Scam ; CASHPOINT

By John Husband DON'T be tempted to "front" your son or daughter's car insurance as it could land you in bother. Insurers charge young drivers a hefty premium because they are so accident prone. Many parents help them dodge this by insuring the car in their own name and putting their son or daughter down as an additional driver. However, there'll be some explaining to do if, say, your son had an accident while at college when the car might have been expected to be at home with you. Th...

Quote 'Em Cheapest

IRISH motorists are choosing low prices over quality of cover when buying car insurance, a survey has claimed. A study of 747 drivers by Chubb Insurance in Ireland found 76 per cent do not read their policy in full before deciding to buy. A total of 11 per cent don't look at all. Personal insurance manager Barry O'Dwyer of Chubb Insurance said: "As so many motorists claim to be price sensitive, it is not surprising to see how few actually check out what they are buying." (c) 2007 Daily ...

Spitzer License Plan Similar to Pataki Policy

By Joie Tyrrell, Newsday, Melville, N.Y. Oct. 23--Gov. Eliot Spitzer's proposed loosening of driver's license rules for undocumented immigrants has triggered statewide controversy, but it actually would move the state closer to a policy in effect during most of the Pataki administration. Under Spitzer's plan, undocumented immigrants could more easily get licenses. They would need to provide a valid foreign passport and state that they have no Social Security number. While Spitzer has sa...

Fare Old Bill for Ferrying Grandkids

GRANDPARENTS clock up 3.8billion miles a year ferrying their grandkids around by car, according to a survey. They provide a UK taxi service that would be worth pounds 10.8billion - equal to pounds 3160 each - a year if they set the meters running. The survey for car insurers Sheilas' Wheels found more than 3.4million grandparents regularly drive the kids around. They cover an average of 1100 miles each a year. Some 48 per cent said the reason they helped out was because they loved spe...

THE EXPERIENCE IN THE U.S.: Murky Picture Emerges From 2 States' Efforts

By Joie Tyrrell, Newsday, Melville, N.Y. Oct. 23--In the two states that have made drivers' licenses more readily available to undocumented immigrants, as Gov. Eliot Spitzer has proposed for New York, the numbers of uninsured drivers have dropped sharply, but the results are mixed when it comes to safer roadways. While the governor has emphasized that drivers statewide would save $120 million under his plan, actual savings from the highly debated policy change would be modest for most New...