1. House agrees to raise minimum car insurance rates News House agrees to raise minimum car insurance rates Posted on 06/22/2007 BATON ROUGE (AP) -- Louisiana should have higher minimum car insurance coverage requirements for drivers, the state House decided today in approving a bill that would boost the costs of insurance for thousands of drivers who carry the minimum. News House agrees to raise minimum car insurance rates Posted on 06/22/2007 BATON ROUGE (AP) -- Louisiana should have higher minimum car insurance coverage requirements for...
Source • KTBS,LA •
2. Zimbabwe traders turn to foreign currency June 26, 2007, 07:15 As the Zimbabwe dollar gets more and more worthless with inflation hovering above 4000%, traders are turning to foreign currency despite laws prohibiting dealings in other currencies. Though the government has set up a price monitoring commission to harness the situation, the practice has remained rampant as the Zimbabwean dollar, trading at nearly one to 150 000 Zimbabwean dollars against the US dollar at the weekend, continues plummeting. SABCnews.com -...
Source • 7 hours ago •
3. Women & Money: 10 steps to drive down car costs Ask your auto insurer if taking a defensive-driving course will reduce your insurance premium. Many insurers will reduce your premium cost by 5 percent or more if you don't drive your car as much. But even though you can't control the price of gas, you do have many ways to lower your car insurance premiums. If you and your partner have two cars but need only one for a long-distance commute, then insure one car for higher mileage and keep the other car's mileage low enough to qualify for a...
Source • Cherry Hill Courier Post,NJ •
4. Pocket veto kills bill to up car insurance requirements in Alabama Bob Riley blocked legislation to raise the minimum amount of liability insurance that motorists must carry. Riley said that while he supports the concept, he had concerns about the bill SB202 because it didn t include an implementation period for insurance companies to prepare new policies and motorists to purchase them. For the past eight years, drivers in Alabama have been required to carry liability insurance. Opponents said the change would hurt the state s low-income residents who...
Source • Land Line Magazine,MO •
5. IIC Holds Seminar on Car Insurance He revealed that the car insurance portfolio comprises 55% of the other types of insurance. The workshop had discussed four papers addressing the topics of road hazards, car insurance, future visions for road safety and the legal aspects of the car insurance policy. He added that total compensations paid in the car insurance market in Sudan amounted to SD 8,921,628,901 with the company s share in total compensations paid reaching about 11. Kamal Jad Karim, indicated that escalation of...
Source • Sudanese Media Center,Sudan •
6. Aussie dollar pulls back after touching US85c Fears about the US sub-prime mortgage market, where loans are approved for people with a poor credit history, helped the US dollar, as demand for US Treasury bonds increased. THE Australian dollar closed lower today as interest in the currency waned following the fresh 18-year high reached overnight. ABN Amro currency strategist Greg Gibbs said the Australian dollar fell this morning as the US dollar appreciated on the back of higher oil prices and sub-prime market jitters. Overnight...
Source • 5 hours ago •
7. Rupee eases as investors pare risky assets The rupee is widely considered a beneficiary of the so-called carry trade, where investors borrow low-yielding currencies to fund investments in high-yielding assets. MUMBAI (Reuters) - The rupee recovered from its lowest level in over a week, but still ended weaker on Tuesday, as global investors trimmed positions in the high-yielding rupee on mounting concerns about risky assets. The rupee came under pressure, tracking declines in other high-yielding Asian units like the Indonesian...
Source • 50 minutes ago •
8. Borrowers Should Beware Home Equity Loans The rate may initially be less than a fixed mortgage rate, but if they indices change, borrowers may be subjected to substantially higher rates -- which cause payments to increase. Sandy Shore, a manager of counselor training at the nonprofit financial counseling agency Novadebt, said homeowners should use caution when considering new loans. Balloon payments, in which the loan doesn't amortize -- or recalculate to encompass both the principal and interest due -- so when the term of the...
Source • 18 hours ago •
9. Car insurance sans tariff? For example, the incidence of car thefts is more in Delhi and therefore the residents pay higher car insurance premium than in other parts. Have car insurance premiums come down after tariffs were lifted? Its impact will soon be seen on your car s insurance premium. After January, there has been a change in the insurance premiums of carsdepending on thelocation, model and year of manufacture. Customers in the North pay more car insurance premium as compared to other parts of India. Third...
Source • Moneycontrol.com,India •
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