Insurance Company - Amended Police Accident Report?
Question by ~D~ | Posted in Law & Ethics
I was involved in a car accident on Jan 1, 2010. I was traveling eastbound through a green light and another car traveling southbound ran a red light and I hit them. My car was totaled. Police came to the scene. The other party involved was honest and told the police officers they ran the red light and that I had the green light. We were at the scene close to 3 hours and the officer told me and my passenger that their giving us the accident report so we didn't have to wait around any longer for the police report. But he reassured me several times that the report would state that they admitted fault/running the red light. I have liability only and filed a claim through their insurance company
Answer: They should accept the amended report but if not you would sue both.~
Unemployment Insurance - How Does It Affect The Employer?
Question by Paul W | Posted in Insurance
I worked for company A, was laid off, and started a UI claim. I find occasional work with company B (which happens to be out of state). In 2007 I have worked 1 week for B. For that week I wrote on my UI/EDD form that I worked for B for 1 week, but was continuing my claim. My claim only started in December 2006, so there is no question of it being expired.
The administrator at B wrote to me complaining that she had received paperwork from UI/EDD and she was concerned that this would raise her company's UI premiums.
I want to reassure her that only company A's rates could be affected by my claim, but I am not 100% sure if this is true. Could company B's UI rates be increased by my
Answer: You are correct. Since company A was your last employer and the company that laid you off, they would pay the increase in premiums. However, if company B were also to lay you off, they may find that their premiums increase as well. As long as you continue working for them, they should see no increase.
Is It Possible For Car Insurance To Refuse To Pay And Have Me Responsible For An Accident?
Question by Jax4all | Posted in Insurance & Registration
I was involved in a accident in September of 2004, I hit an vehicle at speed of 10mph, there was barely any damage on other persons car, my light was damaged (paid $350, for replacement) at the time I had full coverage with certain insurance company. At the time of the accident the other party reassured the police officer and me that she is not injured, I was cited for careless driving. Later on injured party sued insurance company for 15K for loss of enjoyment of life!! But they refused to pay, now I am served with a lawsuit and I have no idea what to do!
In state of Florida the statue of limitation is unfortynately 4 years of the date of the accident. there is 10 more
Answer: I am sure they refused to pay - as they should if the other person wasn't hurt. The lawsuit always names the driver as a defendant. If you and your insurance company loose the suit, the insurance company will pay.
Insurance companies don't pay just because someone wants them to or because someone makes a claim. You actually have to be injured and prove it before they will pay out...
When Obama Was Asked "how In The World Can A Private Company Compete In Health Care" At His Town Hall, Why Did?
Question by Obama - Wimp in the White House | Posted in Politics
he dance around the question and not answer it? Didn't he look like Fred Astire in the old movies doing a tap dance on the stage?
Here is a link to the actual question and his answer
http://www.freedomslighthouse.com/2009/0 8/college-student-at-colorado-town-hall. html
The student asked Obama "how in the world a private corporation" such as an Insurance Company can compete with an entity like the Federal Government who does not have to pay property taxes and is not subject to regulation?
Good question - so good in fact that Obama went on one of his patented rambling answer / non-answers that said lots of words but never
Answer: Because he knows there is no good answer to the questions. Best example - the post office - what over shipping company can compete with sending a letter anywhere in the U.S. for 43 cents? No one can, because the USPS is government subsidized and never has to turn a profit. If Fedex was in the red every year they would be out of business.
A friend of mine bought a blackberry phone for her daughter. On the day of purchase the shop organised the insurance for it and she accepted it. They came away with the phone. Two days later an insurance company rings my friend up and tells her "they are pleased to inform her that the insurance for her new mobile will cost less". My friend thought that it was the insurance company that was arranged by the shop, so when asked to reissue her bank details she thought nothing of it. Until I mentioned that you should never give out personal details over the phone. Anyway why did the insurance company want the details twice was my response.
My friend rang the shop and they
Answer: You can report these people to the Financial Services Authority by telephoning the Consumer Helpline Monday to Friday (excluding Bank Holidays) from 8am to 6pm: Telephone: 0845 606 1234
Emmerdale - Cain tries to reassure Debbie about the insurance (fire aftermath) - 26/3/2012
Debbie says that they need to get the garage up and running again as soon as they can providing that the insurance will pay out. Cain tells Debbie ...
Cheap Term Life Insurance Rates and The Easiest Way To Get Them ...
by Brian Carr
The premium that is paid is divided into two parts, first part goes to the life insurance company and the second part goes to the life insurance agent. Not all people are same and so the reasons behind the purchase of life insurance policy is also different for different people, some buy the life insurance policies just to save tax and there are some who would want to buy it because his or her... Generally the feeling that is associated with life insurance policy is the feeling of security, people feel that they have secured the life of their loved ones by purchasing a life insurance policy and this is a very common feeling. When people are not very comfortable with the calculations of the coverage or the face value of the life insurance, they entrust the life insurance agent to do the needful. You will have to select a good life insurance agent to get the best and cheap term life insurance rates. Only after committing a mistake people rush to the life insurance company for the......
WASHINGTON – US regulators on Wednesday sought to reassure lawmakers that they will tailor new requirements mandating tougher oversight on nonbank financial companies to industries outside the traditional banking sector.
MADRID () - Spanish banks' bad loans rose in March to their highest in 18 years, underscoring the problems facing the government as it drafts in independent auditors in an attempt to reassure investors it can clean up the sector.
Among the internal candidates seen as possible future Berkshire chief executives are Ajit Jain, Buffett's top insurance lieutenant; Matthew Rose, who runs the Burlington Northern Santa Fe railroad company; and Greg Abel, who oversees the utility
OTTAWA — Canada's leading voice for small businesses is calling on the Conservative government to come clean on planned changes to the employment insurance system to help ease some of the “mass hysteria” spreading across the country.
Canada's Employment Insurance program functions nothing like insurance. Normally, a person pays premiums that are based on the value of their property and the level of risk they represent. So someone who gets into a fender bender every year is going to
Among the internal candidates seen as possible future Berkshire chief executives are Ajit Jain, Buffett's top insurance lieutenant; Matthew Rose, who runs the Burlington Northern Santa Fe railroad company; and Greg Abel, who oversees the utility
OTTAWA — Canada's leading voice for small businesses is calling on the Conservative government to come clean on planned changes to the employment insurance system to help ease some of the “mass hysteria” spreading across the country.