Make a New Year's Resolution to Avoid Costly Insurance Mistakes and Save Money ...
The Consumer Justice Foundation, a for-profit corporation that is comprised of a team of professional consumer advocates who advise and alert the public by way of free online resources with regards to the dangers of certain prescription medications, hereby alert the public of a CNBC report that detailed the funds Abbott Laboratories, the manufacturer of Depakote, spent on lobbying during the third quarter of 2011.. Montvale, N.J.- based A&P, which filed Chapter 11 bankruptcy approximately one year ago, appeared to get a new lease on life from veteran industry investor Ron Burkle and his Yucaipa Cos.; Supervalu, Minneapolis, said it was making progress in repositioning its far-flung fleet of stores; Wal-Mart Stores, Bentonville, Ark., finally reversed two years of comp-store sales declines; and the whole industry felt a little relief— on the top line, at least— from a return of food inflation. March 27: whether Congress exceeded its Article I powers under the Constitution when it enacted the health insurance mandate. March 28: whether the mandate can be struck down while the rest of the law stands, which will get 90 minutes; and whether expanding Medicaid eligibility exceeds Congress\' spending power, which will get 60 minutes... , senior vice president and consumer spokesperson for the I.I.I. Following are five insurance mistakes that consumers should avoid, along with practical suggestions for better ways to save: 1. Insuring a home for its real estate value instead of for the cost of rebuilding. With the real estate market in a slump and home prices down in many parts of the country, some homeowners may think they can reduce the amount of insurance on their home, too. But insurance is designed to cover the cost of rebuilding, not the sales price of your home. Make sure you have enough coverage to completely rebuild your home and replace all your belongings in the event of a disaster.A better way to save: Raise your deductible.
Suing The Auto Insurance Industry - News
In today's litigious society, buying only the minimum amount of liability means you are likely to pay more out-of-pocket if you are sued--and those costs may be steep. The insurance industry and consumer groups generally recommend a minimum of $100000
The loss of this no-fault auto insurance funding will mean a massive cost shift from the auto insurance industry to Medicaid and Medicare which will effectively put the burden of paying for medical care and coverage on the tax payers rather than upon
The system is plagued by fraud, which costs the state's residents millions of dollars each year in what amounts to what the insurance industry has term a “fraud tax.” The Northbrook, Ill.-insurer has sued to recover more than $185 million in
Auto insurance companies in Montana provide a multi-year discount to driver-safety program graduates 55 years of age and older. Jan. 17 — Mountain West Bank-East, 2728 Colonial Drive, noon to about 4:30 pm “Are You Beverage Smart?
The acquirer of life- insurance policies was sued by US regulators along with three of its executives over allegations of fraudulent statements, improper accounting and insider trading. LoopNet Inc. (LOOP US) dropped 6.4 percent, the most since October
Buying Auto Insurance (part 3 of 4) - fund insurance
Continued from part 3 Insurance Company Advertisements Deceive (part 3 of 4)
If some of the millions of dollars spent on advertising auto insurance would be devoted to fair payment of injured insured's' own claims against their own company, we probably wouldn't even have to make mention of this. However, the advertisers' portrayal of insurance responsiveness with homey images, friendly messages, beautiful music and promise of quick claims service do not equate to quality when it comes time for payment for personal injury claims following an auto accident.
We know that getting your car fixed promptly is important. Some companies may be more responsive on property damage than others, but that should not be your first priority evaluating insurance service. A day or two wait for your car is nothing compared to being literally cheated out of your legitimate payments, as is the practice of some of the more aggressive companies. See the discussion below and the links provided. If getting your car fixed in the fastest time is the most important thing for you, you can ignore everything that is written in the following paragraphs, because they focus on the bodily injury aspects of auto insurance claims service.
So, our advice is to ignore the advertising images: the insurance industry did not become one of the wealthiest in America by being everybody's best friend. Understand that these smiling people on television ads are really your adversaries. There are many thousands of reported cases where insured have been forced to sue their own companies. None of these cases has to do with getting people's cars fixed. Prompt property damage repair is the simplest and easiest part of an accident claim. Instead, these lawsuits against insurance companies all are based on claims that an insurance company did not perform according to the law and in accord with its own contractual provisions.