Town of Aurora Trims Insurance Costs (East Aurora Advertiser)
A “soft market” in the insurance business is helping the Town of Aurora to save several thousand dollars while increasing its property coverage. The Town Board accepted a bid from Selective Insurance through Badger and Gunner Insurance for $58,319.76. Councilman James Collins said that was about $7,000 less than last year.
March 13th, 2010
Armed robbery at Sault (The Iron Mountain Daily News)
By NIKKI YOUNK Staff Writer SAULT STE. MARIE - The Sault Ste. Marie City Police Department continues to investigate a armed robbery that occurred on Ashmun Street in Sault Ste. Marie on March 5. Officials reported that a male suspect walked into an insurance agency at 12:20 p.m. and asked for information about automobile insuranc.
March 13th, 2010
Recession Is Fueling A Boom In Insurance Fraud (Free Internet Press)
The sour economy is producing a bumper crop of cash-strapped consumers, business owners and shady agents who're fueling a wave of insurance fraud that's keeping regulators and law enforcement officials busy from coast to coast.
March 13th, 2010
Information about Arizona Auto Insurance
The Grand Canyon State requires that motorists must show proof of financial responsibility before a vehicle can be registered in AZ; the state allows consumers to a few different ways to comply. Motorists have the choice to purchase a bond, certificate of deposit or deposit cash in the amount of $40,000 with the state; since this is not generally feasible since the average consumer does not have this amount of money lying around, therefore most residents choose to purchase an auto insurance policy in order to be in compliance with the law.
For those who choose to purchase Arizona car insurance policies rather than the other options available, minimum limits of coverage are required. Motorists must carry a policy consisting of liability limits of no less than $15,000 per person and $30,000 per accident for Bodily Injury and $10,000 per accident for Property Damage. Consumers should keep in mind that these limits are the absolute minimums and more extensive coverage can be purchased if one desires. In addition, the state does not require that motorists carry coverage for physical damage to their automobiles and the state required limits on the insured's policy do not cover any injuries or damages that they may sustain.
March 13th, 2010
American Freedom Insurance Co. Ratings Upgraded (Insurance Journal)
A.M. Best Co. upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to "a-" from "bbb+" of American Freedom Insurance Company of Arlington Heights, Ill. ...
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