Megill allegedly submitted 10 motor vehicle registration applications for vehicles that falsely indicated the vehicles were insured by valid New Jersey automobile insurance policies
when, in fact, they were not.
Nipponkoa's net premium revenues, which correspond to sales at nonfinancial companies, also dropped 0.9 percent due to dips in its mainstay automobile insurance policies
amid fierce competition.
and Nichido Fire & Marine Insurance Co., the arms of Millea Holdings Inc., plan to start selling in August automobile insurance policies
with premiums varying accordance to risk, company officials said Wednesday.
However, separate from tort law, all automobile insurance policies
sold in Alberta provide for me payment of accident and disability benefits.
MILA also manages over 15,000 automobile insurance policies
that generate monthly revenues and during its 12 years of operations has originated more than 77,000 car loans totalling USD430m.
In addition to risk retention, the two associations also agreed to support legislation to provide coverage for rental vehicles under the provisions of private passenger automobile insurance policies
issued in New York.
Appraisal gains on their stockholdings and a pickup in sales of automobile insurance policies
also contributed to pushing up their profits, the six insurers said.
* Bristol West Insurance Group's OneStep is a Web-based point-of-sale underwriting system that allows producers to underwrite, quote, issue and service private-passenger automobile insurance policies
. OneStep reduces policy servicing costs by completing the new business transaction at the point of sale.
said Thursday it has developed an adapter that automatically connects holders of its automobile insurance policies
to its accident information center for advice when they insert it into mobile phones.
A provider of non-standard personal automobile insurance policies
, the firm reported a net loss of USD0.7m for the quarter ended March 2014.