Martin Frankel for insurance commissioner!

June 15, 2010 – 3:12 am

Is this another sign that people think committing fraud is no big deal? The guy who headed a company that committed one of the largest health care scams ever is now the leading candidate to win the Republican nomination for governor of Florida. Are voters apathetic when it comes to fraud? Are they this forgiving of serious crime?

Rick Scott, as CEO of the hospital chain HCA/Columbia, oversaw a company that was accused of stealing billions of dollars through Medicare reimbursement. It was a systematic fraud scheme that ended with $1.7 billion in fines and the criminal convictions of HCA executives.

Read more…

Building Bugatti Veyron’s

June 15, 2010 – 12:19 am

This fabulous machine is probably the perfect car to rebuild! Well, so people lead us to believe! From the Lego version we posted about a few weeks ago, to the odd – a cigarette packet replica, to the completely elaborate- a £2 million, 24 carat gold ‘put on your night stand and never stop looking at’ mini version, shown below.

It is obvious why this car is so popular to replicate. Its simply beautiful!

Shopping Online for Auto Insurance Fast and Easy

June 13, 2010 – 6:49 am

Getting quotations for automobile coverage online is quick, easy and a very effective way to shop for the pricing of vehicle policies, whether looking for a new insurer or to simply compare the prices of competitors to an existing carrier to help ensure that the most affordable premium is being paid.

Read more…

What Happens When You Get the Wrong Advice in Writing?

June 10, 2010 – 3:02 pm

I always advise people to get trip insurance details in writing. But, what would happen if you got the wrong advice in writing and your claim is turned down? It’s hard to believe the travel insurance seller would pay the claim after the travel insurance company denied it.

Here’s something that happened just today, June 9, 2010:

Steve, I am really looking for a product that will allow me a cancellation refund if there is a hurricane threatening one of our cruise’s Ports of Call. Jim

I wrote Jim back with this reply:

There are no travel insurance plans that cover you if there is a hurricane threatening one of your Ports of Call. The r

Read more…

Weekend Insurance Tip: Know How to Get Reimbursed by Your Renter’s Insurance Company

June 10, 2010 – 1:00 pm

Renter’s insurance is important and keeping good documentation is key to securing your reimbursement if you need to make a claim. You can’t get reimbursed by your renter’s insurance company for things you can’t remember or things that had more value than the insurance company thinks it had. The solution is documentation.

Be Aware of North Carolina Insurance Responsibilities

June 10, 2010 – 1:19 am

The Tar Heel State implemented the Financial Responsibility law in 1957 which requires all motorists to be financially responsible for bodily injuries and property damage that they may cause as a result of a traffic accident. The Financial Responsibility Act of 1957 was developed to protect residents and ensure that there will be compensation in place should they suffer injuries or losses following a collision where another driver is found to be at fault.

The most common method used to comply with the state’s laws is to purchase a North Carolina car insurance policy consisting of at least the minimum liability limits required by law. A

Read more…