Strong storms hit the state of Ohio at the end of June this year. The storms occurred between June 29 and July 2. The Ohio Insurance Institute has estimated that the damages that the storms caused to the state were at least $433 million.
Auto Insurance News Archive for 2012
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Storms Cause Damage in Ohio for More Than $433 Million
by Richard Burton -
Sprint Woos Auto Insurance Carriers Offering Tracking Device and Monitoring Driving Behaviors
by Richard BurtonSprint is basically a large name in wireless products and services. However, it is turning its attention to another new area. Sprint is based at Overland Park, Kansas. Sprint has recently launched a set of end-to-end, integrated usage-based auto insurance services, termed as Integrated Insurance Solutions (IIS). These insurance services have been specially designed to target the auto insurance industry.
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The Uncertainty of Car Insurance Rate
by Richard BurtonDo you know that lots of car insurance owners these days were very much disappointed because of the high premiums that they need to pay for this year? There is an insurance holder who testified that her husband has been insured for so many years now and they have missed out a payment, her husband never had any accident record, no arrest at all, yet they were charged with more than $600 in their insurance.
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Drive Wise, Usage-Based Auto Insurance Program of Allstate Tested by Agency Owners and Employees
by Richard BurtonDrive Wise is a new initiative by Allstate, offering usage-based auto insurance program. Many agency owners and employees of Allstate are showing interest in this program and are testing it actively. This program tracks the driving records of individuals, resulting in considerable saving in auto insurance premiums with Allstate.
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New Study Reveals Premiums of Teenagers are Double that of Older Adults
by Richard Burton -
Surge in Car Insurance Rates Have Become Common
by Richard Burton -
Premium U.S. Car Rental Company Hertz Introducing Porsche into Its Fleet Soon
by Richard BurtonPARK RIDGE, NJ–July 11, 2012: The Hertz Corporation today announced its grand news of launching the Italian giant Porsche in its fleet all across the U.S. With this remarkable announcement the leading car rental company has become the foremost organization to procure the blazing sports cars from the ostentatious Italian auto manufacturer Porsche. Hertz is facilitating its targeted clientele to rent a limited edition of the top brass Panamera sport sedans, under its belt of “Hertz Prestige Collection.” This facility has been possible with the association between the Porsche Motorsport North America, Inc. (PMNA), Hertz, and the Porsche Cars North … (more) July 11, 2012
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Credit Surge on Auto Loans
by Richard Burton -
Hands free controls annoy U.S. auto buyers: JD Power
by Richard Burton -
Lexus tops car superiority study as trade improves
by Richard Burton -
Fisker from Finland not going good in Americas automobile industry
by Richard Burton -
Auto insurance rates in massachusetts trends North
by Richard BurtonThe auto insurance rates in the state of Massachusetts, which saw a decline with the increase in the competition in this region about four years ago, is now trending up north. A number of auto insurance providers in the state have increased their auto insurance premiums over the last 24 months in order to keep pace with the increasing costs associated with car thefts, accidents and medical treatment for injuries.
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PIP Auto insurance law flawed, claims lawmaker
by Richard Burton -
10% U.S. market share for Honda after Q1 profit rise
by Richard BurtonTOKYO- Honda just announced that the operating profit doubled after the company recovered from last year’s natural disaster. The year ahead is predicted to have a nearly tripling operating profit. The Asian sales are now surging, while the company registered a boost of its sales on the American market too. The company released a report that was offering details regarding the operating profit. The January-March number is of $1.4 billion (118.98 billion yen), a raise from the last year’s 46.21 billion yen. The net profit, which also includes the sales on the Chinese market, is of 60.7%, another rise from … (more) May 1, 2012
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American bonds issuance of Auto-loans can see its pre crisis level, in 2012
by Richard Burton -
A slight U.S economy growth leading to a financial moderation
by Richard BurtonU.S. economic growth has slowed down in the first quarter. One of the reasons is the slowing down of the completion of inventories by small, medium and big companies. The economic growth modestly cooled despite a growth in homebuilding and the demand of automobiles. A 2.5 percent expansion is expected for the gross domestic product, which would moderate the fourth quarter’s pace of 3%.
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The first quarter profit of 3M has surpassed all the estimates of analysts for US
by Richard Burton