Insurance Australia Group Profit Declines on Storms (Update4) (Bloomberg.com)
Ask these questions: If you can use the plan elsewhere, how easy is it to use? Do you have to pay the bill up front and get reimbursed? Does the company whose plan it is offer any payment to the repair facility via a credit card over the phone so you don't have to pay any out of pocket expenses? How easy is the plan to use at the repair facility that will be dealing with it? Being on the phone, on hold, waiting to get authorization could cause a major delay in getting your vehicle repaired in a timely manner. Will a representative from the auto warranty company have to come out and inspect the vehicle? That will also add delays to the repair process.
Insurance Australia Group Profit Declines on Storms (Update4) (Bloomberg.com)
Aug. 24 (Bloomberg) -- Insurance Australia Group Ltd., the nation's largest auto and home insurer, had its fifth consecutive decline in earnings on higher payouts for storms and narrowing profit margins. The company's shares headed for their biggest drop in almost five years.
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Insurance Australia Group Profit Declines on Storms (Update3) (Bloomberg.com)
Aug. 24 (Bloomberg) -- Insurance Australia Group Ltd., the nation's largest auto and home insurer, had its fifth consecutive decline in earnings on higher payouts for storms and competition in its home market.
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Insurance Australia profit slips 27 pct on storms (Reuters via Yahoo! Asia News)
SYDNEY, Aug 24 (Reuters) - Insurance Australia Group Ltd , the nation's top car and home insurer, missed analysts forecasts with a 27 percent fall in full-year profit on Friday, due to recent storm losses, but flagged 10-12 percent revenue growth in the current year.
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UPDATE 1-Insurance Australia profit slips 27 pct on storms (Reuters Finance News, Australia via Yahoo!7 Finance)
SYDNEY, Aug 24 (Reuters) - Insurance Australia Group Ltd IAG.AX, the nation's top car and home insurer, missed analysts forecasts with a 27 percent fall in full-year profit on Friday, due to recent storm losses, but flagged 10-12 percent revenue growth in the current year.
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Insurance Australia says year profit down 27 pct (Reuters via Yahoo! Asia News)
SYDNEY, Aug 24 (Reuters) - Insurance Australia Group Ltd , the nation's top car and home insurer, said on Friday full-year profit fell 27 percent due to recent storm losses and a drop in investment returns.
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Insurance Australia Shares Fall Most in 5 Years on Earnings (Bloomberg.com)
Aug. 24 (Bloomberg) -- Insurance Australia Group Ltd., the nation's largest auto and home insurer, had its biggest fall in almost five years after posting a fifth consecutive decline in earnings on payouts for storms and narrowing profit margins.
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Lawmaker who sells insurance wants rates raised (Atlanta Journal-Constitution)
Nearly 20 years after legislators changed state law because auto insurance premiums were going through the roof, lawmakers are considering returning to a system that makes it easier for insurers to raise rates. The proposal, which would let companies raise rates without first getting state approval, is being sponsored by a lawmaker who sells auto insurance. State Rep. Bill Hembree (R-Winston), an ...
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Barclays offers new car loans (Banking Business Review)
UK banking group Barclays has launched a new personal loan package designed specifically for motorists borrowing money to purchase a car, offering a competitive rate of 7.4% APR typical, as well as savings on motoring essentials, including breakdown cover, insurance and vehicle checks.
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Aust Business Headlines, (ASX: IAG), (ASX: BBG), (ASX: WPL) (ACN Newswire via Yahoo!7 Finance)
Sydney, Australia, Aug 24, 2007 - (ACN Newswire) - Australia's top car and home insurer Insurance Australia Group has announced a fall of 27 per cent in full year profit. The slide has been attributed to recent storm losses and also a drop in investment returns. A year ago, IAG reported net profit of $759 million.
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People buy small cars even though they can be deadly (USA Today)
Americans are buying more small cars to cut fuel costs, and that might kill them.As a group, occupants of small cars are more likely to die in crashes than those in bigger, heavier vehicles are, according to data from the government, the insurance industry and the National Academy of Sciences (NAS).
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Insurance Australia Group Profit Declines on Storms (Update4) (Bloomberg.com)
What's the reliability record of the model you're purchasing? Take a look at the reliability history of the model you're buying. Though this is by no means a fail-safe way of predicting what your repair bill will look like, it does give you an idea of what you may be in for service-wise; bear this information in mind when making a warranty decision.
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