(AFX UK Focus) 2008-11-30 22:53 Australia’s IAG increases stake in Malaysia venture (Interactive Investor)

SYDNEY, Dec 1 (Reuters) – Insurance Australia Group Ltd , Australia’s top car and home insurer, is increasing its interest in Malaysian general insurance venture AmAssurance to 49 percent from 30 percent. IAG said on Monday it is restructuring the venture, splitting the existing AmAssurance into general insurance and life insurance components. The group will be selling its 30 percent interest in …

(AFX UK Focus) 2008-11-30 22:53 Australia’s IAG increases stake in Malaysia venture (Interactive Investor)

SYDNEY, Dec 1 (Reuters) – Insurance Australia Group Ltd , Australia’s top car and home insurer, is increasing its interest in Malaysian general insurance venture AmAssurance to 49 percent from 30 percent. IAG said on Monday it is restructuring the venture, splitting the existing AmAssurance into general insurance and life insurance components. The group will be selling its 30 percent interest in …

Australia’s IAG increases stake in Malaysia venture (Reuters via Yahoo! Philippines News)

SYDNEY, Dec 1 (Reuters) – Insurance Australia Group Ltd , Australia’s top car and home insurer, is increasing its interest in Malaysian general insurance venture AmAssurance to 49 percent from 30 percent.

Car premiums rise when they should come down (Independent Online)

The Financial Advisory and Intermediary Services (FAIS) ombud, Charles Pillai, has put the brake on insurers and brokers who have been jacking up car insurance unnecessarily to earn higher premiums and commissions.

Ford Fiesta Finesse 5dr – £3500 ono (Jersey Insight)

1.25L, 17,000 Milles, 2004, CD/Radio, Central Locking, Econmical and Low Insurance Group. Ideal First Car. Absolutley Spotless With Only One Owner, Viewing welcome.

Half of all SA cars uninsured (News 24 South Africa)

Due to financial pressure, more people are cancelling their car insurance.

Insurance scammer to serve more than 5 years in prison (The Des Moines Register)

A Las Vegas insurance salesman who attempted to cash in on the deaths of 37 terminally ill people will spend more than five years in federal prison.

Getting tough on illegal car registrations (Boston Globe)

In New Hampshire, motorists do not have to pay sales tax to register their vehicles. The state doesn’t even require auto insurance.

Getting tough on illegal car registrations (Boston Globe)

In New Hampshire, motorists do not have to pay sales tax to register their vehicles. The state doesn’t even require auto insurance.

Insurance scammer to serve more than 5 years in prison (The Altoona Herald-Mitchellville Index)

A Las Vegas insurance salesman who attempted to cash in on the deaths of 37 terminally ill people will spend more than five years in federal prison. William Reed Jenkins, 60, was prosecuted in Iowa for the scam.

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