Business Insurance Group

Caravan Holiday Home Insurance

With the popularity of “staycationing” sweeping the nation, more caravans are being bought and used than ever before. In the midst of the recession people are shunning foreign holidays and are choosing destinations that are closer to home instead, and if you’re thinking of investing in a holiday home having adequate caravan holiday home insurance is more important than ever.

Your caravan is bound to get more use during these difficult times. You could well decide to have several holidays a year just to get away from it all, and because you’ve already made the initial investment the subsequent outlays will be minimal. It give

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Health Insurers Agree to 60-Day Rate Hike Delay

Several California health insurance companies announced that they will agree to delay planned rate hikes for 60 days. The delays come after state Insurance Commissioner Dave Jones asked the companies for time to review the increases.

People with Individual Policies Avoid Hikes for Now

Aetna, Anthem Blue Cross and PacifiCare have all agreed to delay their hike increases for people with individual policies while the commissioner takes time for review them.

Anthem had planned to increase rates on April 1 by an average of 9.8 percent for 683,000 individual policyholders in California.

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TATA AIG Overseas Student Medical Insurance

Overseas education is a dream for most Indian students. Getting an opportunity to live that dream is possible for few students every year. While travelling abroad to pursue higher education, students need to be aware of the need for medical insurance coverage. TATA AIG student insurance can cover the Indian students from medical expenses while abroad for education. TATA AIG student insurance guarantees effective medical coverage in case of an emergency.

Students looking for an effective student health insurance at an affordable premium cost can purchase TATA AIG overseas student insurance policy. There are three types of plans under TATA AIG student insurance available with $50,000, $100,000 and $250,000 maximum medical benefits.

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Equinox Global appoints senior underwriter

Equinox Global has announced the appointment of Sarah Winstone as senior underwriter.

The firm has only recently been established, exclusively to underwrite trade credit insurance, and Ms Winstone will be joining on 1st April.

She is moving from Coface UK, where she held the post of key account manager responsible for multinational account relationships across various sectors.

Ms Winstone was previously an associate director at Marsh Trade Credit, working on global account development, and also worked for almost 20 years at AON Trade Credit, in the UK and US.

Equinox chief executive officer, Mike Holley, comments: “Sarah is highly experienced with considerable knowledge and … we are delighted to have her join the growing team at Equinox Global, as her integrity and dedication reflects the calibre and expertise we consistently offer all our customers”

Aviva private motor sales soar in Swinton tie-up

Aviva has reported that the successful roll-out of its personal lines pricing to Swinton’s 570 branches and three call centres has more than doubled sales of its private motor offering, year-on-year.

The integration of the firms’ systems has allowed Swinton brokers to offer Aviva’s private motor product at a price that is more in line with the direct marketplace, while customers continue to benefit from the guidance and expertise of a broker.

The insurer’s head of personal lines, Sam Hudson, comments: “With the personal lines market remaining highly competitive, our investment in technology means that we can provide brokers with access to more competitive private motor rates so they can react to market changes quickly.”

Swinton’s insurer development manager, Steve Foster, adds: “The integration of our motor quote engine with Aviva’s dynamic web-based rating engine has meant that we can access the real-time pricing system, creating a transparent alignment between direct and broker prices.”

According to Mr Foster, “there is a clear appetite amongst our customers for a competitively-priced offer, delivered through our brokers”.

Health Reform Debate Could Move to Senate

As Republicans set on repealing health care reform continue to push their efforts, rumors are circulating that the Senate might place a vote on the floor. It has long been assumed Republicans would not have enough power to get a vote on the Senate floor, but now top senators are saying that this may not be true.

Republicans Push to Make Democrats Uncomfortable

Ever since the House passed a procedural vote this month to repeal the health care reform law, lawmakers have assumed the vote would never make it to the Senate floor since Democrats still have control.

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Action Alert: State of the Union

Tonight, President Obama will deliver the State of the Union Address to those who are anxiously waiting to hear what he will say about Social Security, Medicare, and Medicaid.

While President Obama has stated he will not urge cuts to Social Security in his speech tonight, a narrowly defeated proposal by the Deficit Commission to cut these programs means we have to continue to be vigilant.

Leaders in Congress are still seeking to privatize Social Security and turn Medicare into a voucher program, claiming it will save money.

Tell President Obama “No cuts, no privatization, and no raising the eligibility age of Social Security, Medicare, and Medicaid” on his watch.

Email President Obama here. Or

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Over half of motorists would consider “fronting”

New research from the Association of British Insurers (ABI) suggest that thousands of UK motorists are putting their cover at risk and driving illegally by knowingly giving their insurer false information, or failing to disclose important facts such as motoring convictions.

The number one temptation is for a parent to insure a vehicle in their name as the main driver, with their son or daughter down as an occasional driver, when in fact they are the main user.

The practice is commonly known as “fronting” and over a half of motorists surveyed said they would not rule it out, despite the fact that it could invalidate their insurance and lead to a criminal conviction.

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