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Few think honesty the best policy
On 06-08-2007.
Nearly half of us are prepared to tell lies to our boss, neighbours and friends, and one fifth of us will lie to our insurer, one survey by Royal & SunAlliance found.
But most fibbers don't like doing it face to face, preferring to email. Women are the "fairer" sex, tending to lie to avoid causing someone else to worry. Men admitted to lying more, and largely for an easy life, with twice as many prepared to tell ...
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Unclaimed Property Unit protects owners of abandoned property
On 02-08-2007.
The unclaimed Property Unit of the Department of Revenue has the mission of executing Georgia's Unclaimed Property Act, which protects the rights of owners of abandoned property.
Banks and financial organizations, insurance companies, utilities, and other businesses are required to remit abandoned property to the state when they have held it for one specific length of time. ...
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Flood homes: prices could fall 80%
On 29-07-2007.
Insurers may refuse to cover high-risk areas, which could cause property values to plummet Clare Francis
THOUSANDS of people hit by the recent floods could see the value of their homes slump by 80% because their insurers may refuse to cover them for future claims.
Insurers are bracing themselves for payouts totalling £3 billion following the flooding that hit Gloucestershire, Oxfordshire, ...
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Learn to navigate insurance policies
On 26-07-2007.
Imagine if you will . . . sitting at the same table . . . one confused consumer, one reliable insurance agent, one weary underwriter, one nervous reinsurer, one responsible builder and one concerned local building official. Everyone is worried. The licensed claims adjustor has not been invited. (Big mistake). Who would start the conversation? ...
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Insurance: Some good news, some bad
On 21-07-2007.
Insurers were lobbying for the past 3-4 years to decontrol fixed premium rates of fire and motor insurance, the last segments of general insurance that had fixed pricing. Detariffing, which means free pricing of rates, started on January 1, 2007. Insurance companies are taking some time to rework their premium rates. therefore, has removing fixed pricing been beneficial only to the insurance players or has it helped ...
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Flooding jolts home insurance boom
On 18-07-2007.
Immediately after the flooding, applications from residents in Sheffield, Doncaster, Hull, the West Midlands and parts of Scotland leapt by up to 300 per cent in June compared with the previous month on the moneysupermarket.com price comparison website.
Richard Mason, director of insurance at moneysupermarket.com, said: “The increase in the number of people applying from areas affected by heavy rain is no ...
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