Loan Insurance News Tips

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Archive for June, 2011

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Insurance had to provide compensation to drivers who got accident when drunk

Thursday, June 23rd, 2011

The German Federal Court has ruled that drivers who got accident when drunk couldn’t expect their insurers would give compensation but they were rightfully make a claim. According to the current law, a reduction of insurance payment is only possible in the case of gross negligence but not when the insured person was drunk because [...]

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City Council Authorized $2 million Loan Controled By the Board

Wednesday, June 22nd, 2011

City council gives $350,000 for water utility expenses to the developer of the Erie Terminal and authorized the board of control to loan $2 million. U.S. Campus Suites of Poland is working on an $8.4 million project to build a 65-bed apartment complex with a deli, coffee shop, pub on the first floor on the [...]

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Direct life insurance isn’t necessarily cheaper than traditional insurers

Wednesday, June 22nd, 2011

DISCOVERY Life told yesterday that direct life insurers were not as cheap as they said consumers. In a presentation in Sandton, Kenny Rabson as the deputy CEO of Discovery Life explained that based on the study, the average initial premiums of direct life insurers were 9% more expensive than traditional insurers. Related PostsThe new Law [...]

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