Lloyd’s weathers cat storm in 2011 to post loss of under £1 billion
Posted on March 28th, 2012
Lloyd’s of London was hit with total claims that exceeded £10 billion ($15.8 billion) in a year that saw record-breaking natural disasters, according to a report in the U.K.-based .
Although the insurance market will officially release its financial results Mar. 28, the reported that the Japanese earthquake and tsunami, earthquake in News Zealand and flooding in Thailand and Australia accounted for the bulk of Lloyd’s losses, including a £1.4-billion ($2.2-billion) hit for the worst floods to hit Thailand in 50 years. Lloyds’ posted a loss of £697 million ($1.1 billion) in the first half of 2011.
Even with the high losses, it is unlikely Lloyd’s has used its central fund to pay claims, according to the . It is expe
Tags: Billion, £1 Billion
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Nissan Push Boundaries
Posted on March 23rd, 2012
Last week on I mentioned my fondness of cars that push boundaries and seemingly, Nissan is a company that are currently pushing several boundaries. For that, I must applaud them. And dedicate this blog entry!
Why?
The reason I believe Nissan are pushing the boundaries of what is technologically possible is simply because of some of their most recent creations. For a start the Nissan GT-R is an incredible machine; it offers extreme speed at a very reasonable price whilst also being practical and large enough to carry a family of four.
It is also one of the quickest cars around the most challenging circuit in the world, the Nurburgring, as it holds a lap time of 7:24:22, which is eight thousandths of a second quicker than a Maserati MC12 and a whole second and a half quicker than a Ferrari Enzo.
Can I get Insurance for a Car not Titled to Me
Posted on March 22nd, 2012
There is no easy answer to the question of whether you can get insurance for a car that does not have your name on the title. It really depends on the insurance company and the rules they go by. We all know people that have insurance on a vehicle that is not in their name but we may not know exactly how they got it.
One way to be sure you can insure a vehicle that is not in your name is to name the person on the title on your insurance policy also. When you give the information to the insurance agency you can name yourself as the driver. Most of the time this is sufficient to take care of any problems. Of course, you may also want to talk with an independent agent who can compare quotes from several different top providers and find the one that will give you the best rate.
You will want to make sure you have adequate legal coverage on the car before you begin driving.
Tags: Car, Get Insurance
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Comparing Business Insurance Quotes Can Save You Money
Posted on March 21st, 2012
Getting insurance quotes to protect your business is vital to the protection of that same business. Anyone who is in business needs to have adequate insurance to protect their business in case of fire, flood or other catastrophic damage. This is not all that business insurance does however. When it comes to saving money, you are probably like other business owners. You want to save money on your business insurance. Comparison shopping is the best way to save on this type of insurance. Why would this be so important to you?
Competition between insurers allows you to save money. It is really easy to find organizations dealing in business insurance. Many sites are set up to do comparison shopping right away. Simply enter the zip code of the area that the business is in. Read more…
Tags: Insurance Quotes, Quotes
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Compensation based information should be provided by New York brokers
Posted on March 19th, 2012
It is very important to keep yourself updated with the latest financial news that is hitting the market. It is because everybody, in one way or the other is involved in the financial market. Whether you need to take out a mortgage for buying a house or need to purchase an insurance policy for your possession like an auto insurance, getting sound knowledge about the current financial situation adds to your benefit. This article contains information relating to one of the latest news in the realm of insurance. Read more…
Tags: Auto Insurance
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Study: Traffic fatalities increase for winning fans following major sporting events
Posted on March 17th, 2012
Athletic games that keep fans on the edges of their seats may also result in a sharp increase in traffic fatalities, according to a recent study.
Researchers evaluated the rate of fatal traffic accidents following 271 professional and college football and basketball games between 2001 and 2008. The group of games included championship series’, tournaments and rivalry matches. They contacted experts to rank the games on how close they were in score on a scale of one to five.
Results showed that the closer the game, the higher the risk of a fatal accident for fans afterwards. Specifically, an increase of one on the closeness scale was associated with a 21 percent rise in accident risk. The difference in risk between a blow-out game and one very close in score was 133 percent.
Tags: Fans, Traffic Fatalities
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