Welcome to 2010. Look around the states. Yes, they all have different perils for drivers to face. For some, it’s the weather with snow and ice making driving dangerous during winter. In others, it’s hurricanes and tornados. But leaving aside all the different types of peril, there’s one big problem for everyone with a vehicle [...]
Let’s start off with a simple explanation of why fraud costs us all money. Insurance companies employ math-geeks called actuaries. They spend their time estimating how many traffic accidents there are likely to be and how much all the claims will be worth in a year. That total is divided among all the policy holders [...]
SACRAMENTO, CA – The update currently provides a brief FAQ section and a list of forms and other resources for state fleet managers to use. View full post on Automobile Stories
Matthew Borghese – AHN News Contributor Washington, D.C., United States (AHN) – Hertz, the largest airport car rental firm, will roll out a nationwide plan to install 2.3 MW of solar power cells in an effort to leave a “greener” footprint on the environment. Hertz initially rolled out a 235 kW solar electric system located [...]
Washington, DC, United States (AHN) – Remarks of President Barack Obama – As Prepared for Delivery State of the Union Address. Tuesday, January 25, 2011 As Prepared for Delivery— Mr. Speaker, Mr. Vice President, Members of Congress, distinguished guests, and fellow Americans: Tonight I want to begin by congratulating the men and women of the [...]
Defying California’s new insurance commissioner, Blue Shield of California has refused to delay controversial health insurance rate hikes for 60 days that prompted an uproar among customers who are seeing successive increases over the last five months of up to 59%. View full post on All Stories
In November, 1988, the electorate in California approved Proposition 103 to prevent the massive increases in premiums that were affecting all consumers looking for insurance. After major litigation to decide whether the Proposition was constitutional, it was finally implemented in May 1989 and rapidly revolutionized the rates of insurance across the state which fell by [...]
Vittorio Hernandez – AHN News Sacramento, CA, United States (AHN) – New California governor Jerry Brown announced a $12.5 billion cut Monday in the state’s $84.6-billion budget for the coming fiscal year. The reductions, to be felt in reduced take home pay for state employees, aims to reduce California’s deficit by $25 billion by June [...]
Kris Alingod – AHN News Contributor Washington, DC, United States (AHN) – The world’s largest furniture retailer stopped selling incandescent lights in the United States on Tuesday, a year before a federal law banning such energy inefficient bulbs takes effect. IKEA has removed incandescent lights from its shelves but will continue to offer 25-watt chandelier [...]
California will create an Internet-based insurance exchange to let consumers comparison-shop for affordable health insurance coverage under two of the many laws taking effect with the new year. Read comments View full post on All Stories
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