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LONDON, May 17, 2012 /PRNewswire/ — The UK’s leading car hire excess insurance comparison website, Moneymaxim has today [Thursday 17 May] re-launched their unique car hire insurance comparison tool with a number of brand new features. New comprehensive car hire excess insurance comparison service with additional features Users can save up to 20% on car hire insurers standard prices Up to 90% off the price of excess insurance prices compared to buying directly from car rental firms New features also integrated into the UK’s only combined car hire and car hire insurance search engine The completely revised website allows car renters to find their perfect policies wherever they travel in the world.

ABOT Mining provides corporate updates on its OTC Tier status – MarketWatch (press release)

SHERMAN OAKS, Calif., May 16, 2012 /PRNewswire via COMTEX/ — ABOT Mining is pleased to provide the following corporate update that it has begun the process of updating its OTC reporting status directly through the OTC Disclosure and News Service, offered by OTC Markets Group on www.otcmarkets.com . The Company further anticipates upgrading its OTC tier status to OTC Pink Current in the immediate future.

CNA Chosen as Exclusive, Endorsed Insurance Carrier for California Bankers Association

CHICAGO–(BUSINESS WIRE)– CNA recently announced that, effective May 2, it has chosen as the exclusive, endorsed insurance carrier by the California Bankers Association (CBA), one of the nation’s largest state banking trade associations. CNA was chosen because of its history of insuring banks and its demonstrated expertise in providing specialized products, risk management education and service offerings tailored specifically for financial institutions. “CNA is proud to be named the endorsed insurance carrier for the California Bankers Association,” said Mark Tomlinson, assistant vice president – Underwriting, CNA

InsureMyTrip.com + Meet, Plan, Go! = Peace of Mind for Career Breakers – MarketWatch (press release)

WARWICK, R.I., May 14, 2012 /PRNewswire via COMTEX/ — InsureMyTrip.com, the leading online travel insurance comparison site and Meet, Plan, Go! (MPG), frontrunners in the North American career break movement, are joining forces to help long-term travelers assess and take care of all their travel insurance needs. For more than a decade, InsureMyTrip.com has helped travelers of all kinds—from honeymooners and families to seniors and students—protect against increasing travel-related risks and gain peace of mind. “We’re an ever-expanding community of diverse travelers with wide-ranging insurance needs and interests,” explained Jim Grace, President and CEO of InsureMyTrip.com.

FreeLifeTermQuotes.com Provides Free Life Insurance Quotes Instantly from Top … – SBWire (press release)

San Fransisco, CA — (SBWIRE) — 05/11/2012 — Tragedy strikes at all times, taking the lives of individuals of all ages, races and nationalities. For this reason, it is absolutely crucial that individuals provide support to those they love with a quality term life insurance policy

Allstate Insurance Company Files $29.9 Million Insurance Fraud Case

HAUPPAUGE, N.Y., May 11, 2012 /PRNewswire/ – Allstate Insurance Company has filed a $29.9 million insurance fraud lawsuit against 52 New York area defendants. The Complaint names 17 members and associates of an organization that owned and controlled multiple fraudulent medical clinics (the “No-Fault Organization”), 10 licensed medical professionals, 3 personal injury attorneys, and 22 medical professional corporations. All of the individual defendants are currently under federal indictment, and have been charged with health care fraud, racketeering, and other related charges, in connection with their involvement in a systematic scheme to defraud private insurance companies of more than $279 million under New York’s No-Fault automobile insurance law. In the suit, Allstate alleges that the No-Fault Organization has engaged in a massive and sophisticated scheme to defraud Allstate of millions of dollars by establishing and operating medical clinics that were operated and controlled in violation of New York law. In order to mislead Allstate, the true owners and controllers of these medical clinics almost all of whom were unlicensed members and associates of the No-Fault Organization paid licensed physicians, chiropractors and acupuncturists to incorporate medical clinics as professional service corporations, and to act as their “papers owners.” These fraudulently-incorporated clinics were then used to bill Allstate for reimbursement of No-Fault benefits. Because each of the clinics were illegally operated and controlled by laypersons, none of the clinics were eligible to recover No-Fault reimbursement under New York law. The alleged scheme is the largest single No-Fault automobile insurance fraud ever exposed to date. The lawsuit is the latest in a string of actions taken by Allstate to fight the growing problem of insurance fraud. Allstate is the first private insurance carrier to take a stand against this pervasive No-Fault Organization—and the massive scheme it perpetrated against the New York automobile insurance marketplace and the public at large by initiating a civil lawsuit seeking restitution of No-Fault proceeds unlawfully obtained by the fraudulent medical clinics on behalf of their layperson owners. Since 2003, Allstate has filed 41 fraud lawsuits in New York State seeking more than $ 227 million in damages. According to the Insurance Information Institute, the state of New York is in an insurance fraud crisis and no-fault fraud is costing New Yorkers millions of dollars year-after-year in higher premiums. “In essence, honest, hardworking New Yorkers are paying a ‘fraud tax’,” said Krista Conte, spokesperson for Allstate. “We need lawmakers to enact meaningful insurance reform that puts the citizens of New York first.” Allstate is joined by other insurers and many New York State leaders in its pursuit for comprehensive reform of the no-fault system. “The no-fault system is being exploited and responsible citizens are the victims,” Conte said. “Without the support of lawmakers, incidents of fraud will continue to increase. We need to work together this legislative session to fix the broken no-fault system.” For more information on the dangers of insurance fraud, and how you can help fight it, please visit Fraud Costs NY at www.i-issues.com/new-york The Allstate Corporation (ALL) is the nation’s largest publicly held personal lines insurer known for its “You’re In Good Hands With Allstate®” slogan

Online Insurance Marketplace Announces Tips for the Elderly on Buying Life … – PR Web (press release)

Los Angeles, CA (PRWEB) May 09, 2012 Online Insurance Marketplace, a senior life insurance company which allows the elderly to buy life insurance online, has announced that they created tips for the elderly on buying life insurance with no medical exam. The online tips explain that seniors can get much cheaper rates by buying no medical exam term life insurance, because they will not be charged a higher rate based on their health status

An Accountant in Your Pocket – Forbes

Are your finances a mess? The answer might just be in your pants or purse. Smart phone apps are making it much easier for members of Gen Y—including college students and new college graduates –to track and manage their finances with just a swipe here or tap there. With the constant outpouring of new finance apps into the market, more and more people should be finding their way to the app store

CoverHound Launches Comparative Shopping Platform for Car Insurance

SAN FRANCISCO, CA–(Marketwire -05/09/12)- CoverHound today announced the public launch of its comparative shopping platform for car insurance. CoverHound is a first-of-its-kind service harnessing the power of a web-based platform and a national full-service independent insurance agency to identify the best car insurance rates available for consumers. CoverHound is reordering auto insurance comparison shopping by changing the way consumers find and buy policies

3.5 Million UK Homeowners Don't Have Adequate Home Insurance Cover

CHESTER, England, May 8, 2012 /PRNewswire/ — 3.5 million homeowners are missing out on some form of home insurance A third of those renting their homes have no home insurance cover whatsoever Nearly 3.5 million UK homeowners are putting their homes and possessions at risk by not having adequate home contents and buildings insurance, according to research from MoneySupermarket.com.[1] Britain’s number one comparison site found nearly one in ten homeowners (nine per cent) are missing out on some form of home insurance and only have either buildings or contents insurance – not both. Nearly 1.5* million admit to having contents cover only, while 1.3* million homeowners only have buildings insurance in place. A further two per cent, or nearly 650,000 homeowners have no form of buildings or contents insurance whatsoever