October is the most dangerous month on the roads with October 20th the worst day, according to Virgin Money Car Insurance With the clocks due to go back later this month, motorists will be adjusting to darker days and harsher conditions as winter sets in. And all this adds up to [ Read More → ]

The British Insurance Brokers’ Association (BIBA) has called on the Government to introduce support to make it easier for older travellers and motorists to find appropriate and affordable protection. BIBA is seeking a tailored exception allowing for age to be used in insurance rating provided that it is proportionate to risk [ Read More → ]

Most home buyers purchase life assurance when they arrange a mortgage, but only a minority obtain another form of financial protection that they are five times more likely to need before they reach retirement. Critical illness assurance pays a tax-free lump sum on diagnosis of any one of [ Read More → ]

MBNA ignored the cardholder’s request not to take out payment protection insurance Photo: PA A county court judge ruled that Lynne Thorius, 49, was charged thousands of pounds by MBNA for an insurance policy she had never asked for. The ruling could open the floodgates for millions of pounds’ worth of similar claims [ Read More → ]

The Financial Services Authority (FSA) has revealed a package of measures to protect consumers in the Payment Protection Insurance (PPI) market and ensure they are better treated when buying PPI or complaining about it. Single premium PPI products have long been controversial, particularly with consumer watchdogs who claim that the policies [ Read More → ]

The City watchdog warned financial firms “to get their house in order” over claims of mis-selling. It is taking action over controversial “single premium” PPI, where the entire policy cost is paid upfront and often added to the debt that is being taken out. Firms representing more than [ Read More → ]

As students head off to university in their droves, Direct Line is urging them to spare a thought for their belongings, as halls of residence and flats can be an easy target for crime. Research by the insurer has revealed … Read the original article at Totallymoney

BREAKING NEWS: Residents flee tsunami after quake hits Samoas; watch issued for Hawaii Click for story Summary Box: Deposit insurance fund in the red By The Associated … Read the original article at Palmbeachpost

WASHINGTON - Medicare is looking like a big fat piggy bank for health care overhaul. President Barack Obama and the Democrats want to pay for much of their plan to cover the uninsured by cutting hundreds of billions from the Medicare budget over the next 10 years. From its inception, the health [ Read More → ]

CHICAGO - The cost of medical benefits is projected to jump again next year with premiums and out-of-pocket expenses rising 10 percent. That likely will mean more pain for workers, who have seen their share of the tab triple since 2001. In 2010, the combined average premium and out-of-pocket costs for [ Read More → ]