AIG’s head of their Auto Insurance division was released from employment this Friday as the company hands down more layoffs. According to the article, more than 200 AIG Direct employees have been terminated over the last week.
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Monthly Archives: October 2008
Ford Provides Sectioning Guidelines For New Mustangs…
At the request of VeriFacts Automotive, Ford has provided sectioning guidelines based on observations from VeriFacts.
Auto Insurance Rates Rise Again
According to a release by Insurance.com, auto insurance rates have rose for the 3 straight quarter….below is the the information provided by their study. For more info go to their site… Click Here.
Country Financial Has Lowest Auto Complaints….
According to an article regarding auto insurers in Illinois, Country Financial had the lowest ratio of auto complaints.
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Allstate Reports Large 3rd Quarter Loss.
Allstate Corp reported a $923 million dollar quarterly loss.
In A Tough Economy, Shady Auto Losses On The Rise…
We found an article in the Arizona Republic discussing the rise in staged accidents and expected increase in auto insurance claims fraud.
LKQ Corp Grows Again… This Time With Heavy Trucks Parts.
LKQ Corp just acquired a heavy trucks recycling business from Goody’s Truck Parts.
Utah Has Seen Record Motorcycle Deaths… Rush To Save On Fuel Costs Drive This??
Utah and the nation as a whole have seen a huge rise in Motorcycle deaths in 2008. Gas price spikes early in the year led more people ride motorcycles in an effort to save money. According to the NHTSA, there are more motorcycles on the road today than 10 years ago.
Former PA State Superior Court Judge In The Hot Seat…
A former Pennsylvania judge is in trouble for possible insurance fraud involving an “injury” claim from an auto accident in 2001.
Staged Auto Accident Sends Reno Resident To The Big House…
Mohammed Alshehry, 28 of Reno was sentenced to prison for Felony Insurance Fraud according to a release by the Office of the Attorney General in Nevada.