Admiral Car Insurance, one of the most vital parts of the Admiral Group in Cardiff, gave a statement yesterday saying that its customers in the UK increased by 23% in the first two fiscal quarters of 2010, followed by an evident increase in premiums and in revenue, pushing away the failure of the television marketing of Confused.com, the Company’s official website, to show any success.
Largest insurance company, American International Group has announced that it will be paying back part of the government assets worth $4 billion. The insurance giant has sold off a part of its debts to be able to make what is the largest cash payment made by it so far after the bailout package was given.
In the United States, the health care reform policy mainly concentrates on revenues rather than citizens’ health.
It is worth mentioning that in America many people don’t opt for health care, as the private insurance companies keep increasing the premium amount in order to pay salaries of many bigwigs who already draw huge pay package.
A new health insurance program for that part of the populace which suffers from any chronic condition is set to begin from the coming month.
The Managed Risk Medical Insurance Board that is managed by the state is going to start taking in applications for the fund in the concluding parts of the month.
The competition watchdog has announced to seek consultation from market participants on National Australia Bank Ltd's proposal. It has reportedly granted a two week time to market participants for posting their decision on the same.
The British car insurance provider, Automobile Association (AA), has announced some figures of the number of pedestrians using iPod while crossing the street, warning the drivers about the recently detected spread of the ‘iPod zombie pedestrians’ phenomenon.
Good News USA
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- Telstra launches its new ‘Every Day Connect Data Share Packages’
- Voyager signs “multimillion-dollar deal” with submarine cable group Hawaiki