Saturday, May 19, 2012

Category: Analyzed Insurance

Connecticut Insurance Commissioner to Resign After Dust-Ups with Advocacy, Auto Body Groups

HARTFORD, CT — Just days after a consumer advocacy group called for Connecticut Insurance Commissioner Thomas R. Sullivan to step down for approving large premium rate increases since passage of the federal health care reform law, Sullivan notified Gov. Jodi M. Rell that he will resign from the post Nov. 12.

In addition, the Auto Body Association of Connecticut had called for his ouster, saying Sullivan hurt small businesses and automobile insurance consumers in part by failing to act on claims of insurer misconduct in settling collision repair claims and siding with the insurance industry on the use of after-market parts (BestWire, Oct. Read more…


Debt Grants

When you live your life on the debt, why not trying to clear your debt sometimes? I know, maybe you’re thinking like this now: Talk is cheap! You just do not know what kind of life that I’m living. Well, I’ll tell you know that there are always some way to get off your debt. Of course, not by running away from them, it’s just useless, plain useless. You could clear your debt by attending some financial management course, or by contacting some financial advisor that are available everywhere, especially on the internet.

Try to visit this debt free advisor site: Payingpaul.com. The old saying was like this: to pay Paul, we must rob Peter. But now

Read more…

Tags: Debt, Debt Grants

State Insurance Commissioner Race Unusually Heated

The governor’s race is getting more attention, but the campaign for state insurance commissioner might have higher stakes, as federal health care reform barrels toward California.

“From a pocketbook perspective, the insurance commissioner’s race has more of an impact on the daily lives of Californians than any other race,” said Doug Heller, director of Consumer Watchdog, a nonpartisan advocacy group in Santa Monica. “The insurance commissioner is often consumers’ first and only line of defense against the insurance industry.”

The insurance industry has poured more than $4.5 million into the race, setting spending records for an office that rarely receives attention.

Read more…


Always End on a Good Note

If the customer opts to not buy a policy that day, stay polite and try to close out the conversation on a positive. Maybe circle back around to your earlier small talk or wishing the customer good luck in whatever’s going on in his or her life.

Sounding irritated or hanging up on them is a guaranteed way to never hear from the customer again. You never know if they will tell friends that you were rude. Word-of-mouth spreads pretty fast, especially now with sites like Yelp and Facebook.

Tags: Good, Good Note

Don’t Be Too Quick to Accept Insurance Companies’ Offers

If your vehicle is in a wreck that’s not your fault but you think the insurance company representing the party responsible isn’t offering enough to cover the damage, what do you do

That’s the situation Tommy Johns says he is facing after an employee at an area car dealership wrecked his car in a test ride.

The car is totaled.

Johns said he didn’t want to file the claim with his own insurer because his rates would have gone up and he has other claims that he believes he is entitled to but couldn’t get through his policy.

He estimates his car was worth $75,000 before the wreck.

The dealership’s insurer has offered a lot less, he says, although Johns’ lawyer declines to give numbers because the case is in litigation.

Kelley Blue Book estimates that a certified pre-owned car of that make and model in excellent condition with a number of added features is valued at about $53,000. Read more…


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