AAA Insurance 200 results

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Results Friday for the AAA Insurance 200 race for NASCAR’s Craftsman Truck Series at Dover International Speedway, listing starting position in parentheses, driver, truck, laps completed with reason out if not running at the finish, points earned, driver rating and money won:
1. (4) Scott Speed, Toyota, 200 laps, 128.6 driver rating, 190 […]

The Limited Appeal of Limited-Benefit Insurance

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Is having some sort of health insurance—even spotty coverage—better than having no protection at all? That’s the conventional wisdom behind initiatives like the bill signed last week by Florida Gov. Charlie Crist that allows insurers to sell inexpensive health insurance policies with limited benefits to uninsured Floridians. The new law is the […]

Concern over RBS insurance sale as Italian giant pulls out

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ITALIAN insurer Generali yesterday became the second big-name player to drop out of the £7 billion auction for Royal Bank of Scotland’s insurance arm – prompting analysts to question the timing of the sale.
Generali dropped out of the running just hours ahead of what is believed to have been the first unofficial […]

Dangers of exaggerating an insurance claim

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Exaggerating or lying on an insurance claim may seem like a sneaky but harmless way of making some extra cash, but consumers are more likely to get caught than ever before and with increasingly serious consequences.
Insurer RSA’s latest fraud survey assessed how likely people are to lie when making a claim […]

Eastern Insurance plans to buy Anderson Insurance

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Eastern Insurance Group, a Natick subsidiary of Eastern Bank, said it plans to acquire Marshfield-based Anderson Insurance Services Inc.
Anderson specializes in musical instrument insurance as well as offering auto, life, home, boat, annuities, and business insurance, Eastern Insurance said.
Terms of the agreement are not being disclosed, an Eastern spokesman said.
When completed, the […]

Is Your Homeowners Insurance in Shape for Summer?

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This may be a good time to check up on your homeowners insurance coverage.
Hurricane season begins on June 1. Even if you don’t live in a coastal region, tornadoes, floods, fires or earthquakes could threaten your domicile. So it pays to be prepared.
First and foremost, you need to make sure […]

D-Day for bids as RBS sells insurance business

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Royal Bank of Scotland will today learn which of seven suitors are throwing their hats into the ring for its insurance business, potentially sparking a £7.5bn bidding war, as the group looks to offload the asset by the end of the summer.
This comes as rival banking group Barclays announced it […]

U.S. FASB issues new insurance accounting rule

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The Financial Accounting Standards Board, which sets U.S. bookkeeping rules, issued a new rule on Friday to help standardize the way insurance companies account for financial guarantee insurance contracts.
Financial guarantee insurance provides protection from losses to a holder of a financial obligation, such as a municipal bond or asset-backed security, in the event […]

Zurich leads bids for RBS insurance arm

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ZURICH Financial Services has emerged as a front runner to snap up Royal Bank of Scotland’s insurance arm as the deadline for initial bids approaches.
Bidders must submit by Wednesday their indicative bids for the division, which includes top brands Direct Line and Churchill. It has been put up for sale with a price […]

Madrid Seek Euro-Pound Insurance

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Real Madrid are set to sign a deal with a insurance company to guarantee a secure rate on the constantly fluctuating Euro to Pound exchange, allowing them to more easily deal with any British clubs they may want to do business with.
The Pound had been pretty much steadily falling in value against […]

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