Can a person purchase non-owners policy if he does not hold a US driver license?
It is typically difficult to find auto insurance coverage, non-owners or a normal policy, with a foreign or international license. Most insurance companies will require you to obtain a US driver's license shortly after your insurance policy's inception. So while you can likely...
What is the difference between voluntary and ceded car insurance rates?
Voluntary insurance is when you are able to obtain an auto insurance policy by shopping around for an insurer on your own. If you are considered high risk you may have difficulty acquiring insurance through this regular voluntary market. Most states' insurance regulators work ...
Axa Re awarded humanitarian insurance policy
The United Nations World Food Program has awarded Axa Re the world's first insurance contract for humanitarian emergencies. The contract provides contingency funding in case of an extreme drought during Ethiopia's 2006 agricultural season.
UK insurance body unveils new customer service scheme
Some 26 members of the Association of British Insurers covering over 80% of the pensions, protection and investments industry have signed up to the customer impact scheme, an initiative that puts customer needs at the heart of the industry.
Allianz Seguros reports record 2005
Spanish insurance firm Allianz Seguros saw profits rise by 5.8% in 2005, representing a record increase for the company.
Aviva stays true to 'friendly' pledge and ends interest in Pru
The UK's biggest insurance company Aviva has effectively ended its campaign to acquire its largest domestic rival Prudential plc in less than a week, having failed to gain the support of the coveted company's board.
Claims rejection still a problem in UK life insurance, newspaper says
In line with its strategy to create a nationwide presence in China, Allianz China Life has expanded its life insurance business into Zhejiang province.Swiss insurer Zurich Financial Services has reached a settlement with the attorneys general of New York, Connecticut and Illinois, agreeing to pay $153 million in insurance bid-rigging charges.A report in a UK newspaper has cited research suggesting that as many as one in five claims for payouts on critical illness cover are being rejected by insurers.
Is there an age where children can no longer be insured on their parents policies?
The U.S. property/casualty insurance industry will report deterioration in profitability in 2005 because insured catastrophe losses reached record levels in 2005, Fitch Ratings said. The decrease in pNo, there is not age where children can no longer be insured on their parent's policies. Insurance companies don't necessarily look at relationships. They look at the risks involved. It also depends on the type of insurance you're asking about. For your child's personal prop...
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