Sunday, April 16, 2006
Saturday, April 15, 2006
Bodily Injury Liability: It's the part of liability coverage that insures you against the injury you cause to others in an auto accident. It consists of two figures. One limits the cost of injury coverage per person injured, and the second limits the total dollar amount of injury coverage (for everyone injured) in any single accident.
Property Damage Liability: It's the part of liability coverage that insures you against the cost of damage to another's property caused by you in an automobile accident. "Property" includes other cars, houses, fences, telephone poles, etc.
Uninsured Motorist: Uninsured motorist bodily injury coverage pays for medical expenses, lost wages, and general damages (e.g., pain and suffering, loss of enjoyment of life) when policyholders, authorized drivers, or passengers are injured in an accident caused by a driver who has no insurance coverage. It can cover members of the owner’s family household. It usually consists of separate limits for bodily injury and property damage, so you will have to insure your own property against injury from another person. This policy is required in some states.
Underinsured Motorist: Underinsured motorist bodily injury coverage, pays for medical expenses, lost wages, and other general damages when policyholders, authorized drivers, or passengers are injured in an accident caused by a driver who has insufficient coverage. It can cover members of the owner’s family household.It typically pays the difference between the at-fault driver's liability limit and the holder's policy limit. There are separate limits for property damage and bodily injury liability, so you will have to insure your own property against injury from another person. This coverage is sometimes combined with uninsured motorist coverage under one policy, and may be required in some states.
Sunday, March 26, 2006
Sales of new US homes plunged 10.5 per cent last month, prices fell and the stock of unsold homes hit its highest level in 10 years, providing the clearest indications yet that the red-hot housing market may be cooling.
A big slowdown could prompt consumers to cut spending and boost savings. Such a shift could help reduce the current account deficit but at the cost of significantly slower growth.
Recent investing news
Airbus Evacuation Drill Causes 33 Injuries
New Zealand Minister: Recession Unlikely
Thousands gather in Ohio to protest immigration proposal
Hyundai, Kia shares fall after raid by prosecutors
Japan Parliament to OK Budget
New home sales slid to 1.08m, the fourth consecutive decline, and the price of new homes fell 3 per cent from a year ago. With a flood of new properties coming on to the market, at the present pace of sales, it will take 6.3 months to clear the backlog.
Economists have long been expecting a slowdown and some have predicted declines in prices. "New home sales are softening fast," said Celia Chen, a housing expert at Economy.com. "Affordability has declined to a near 15-year low. Rising mortgage interest rates and rising house prices are constraining demand."
Ian Morris, economist at HSBC, said: "Over the next 12 months we suspect a hard landing is more likely." But there had been regional factors in the slowdown. Sales fell in the west but rose in the midwest and north-east.
The rising stock of unsold houses could lower prices still further. Research at HSBC suggests that seven months' supply of unsold housing will mean a soft landing for the market. But if the figure rises towards nine months it will be a hard landing.
Copyright 2006 Financial Times
Wednesday, March 22, 2006
http://e-sr22.com
http://e-sr22.com/non-owner.htm
www.wet-reckless.com
Santa Fe Bank for Insurance Division Donated to Nonprofit Group Founded by Insurance Superintendent
March 21, 2006
The Santa Fe, N.M., bank that acts as a depository for the state Insurance Division has been a generous contributor to an organization founded by the state insurance superintendent.
The Albuquerque Journal reported in a copyright story Sunday that Century Bank of Santa Fe has donated more than $124,000 to Con Alma since winning the insurance depository contract in 2003. The nonprofit organization was founded in late 2001 by Eric Serna, who signed off on Century's contract.
The bank, partly owned by Santa Fe businessman Jerry Peters, oversees about $400 million in state insurance deposits and collects almost $800,000 in annual fees for its services.
The only banks that made major donations through 2004 were the ones that held the contract, according to Internal Revenue Service reports filed by Con Alma.
Bryan J. Chippeaux, chairman and CEO of Century Bank, said the bank contributed to Con Alma "to make a strong statement about our commitment to Santa Fe and Espanola."
Robert Desiderio, executive director of Con Alma, said the contributions had nothing to do with the state contract.
"We tell all the people with whom we do business, and it's normal, that we expect them to make a contribution," he said. "The contribution they give is dependent up on their desires. And yes, Mr. Peters is a large donor, a very large donor. I cannot deny that."
Peters' other businesses also contributed at least $3,000 to the re-election campaign of former state Treasurer Robert Vigil, whose signature was required for the contract's approval.
In 2005, the bank received a two-year contract extension and won a fee increase that exceeded the maximum set by the state Insurance Code. Serna and Vigil approved those.
Peters, in a written reply, said he never has made contributions linked to the bank's business. He said the contract award did not involve any hidden deals or understandings.
"I want to stress in the strongest possible terms, that nothing occurred that could be viewed as improper," he wrote.
Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Thursday, March 16, 2006
The Mind of an Engineer.With extensive research and investments in design and technology, we have created FAA certified small aircraft that provide greater control, better comfort and more safety at an affordable price.
We're not different for the sake of being different. We're different because it's better.
The Heart of a Pilot.Flying is an act of conquest. Secure in our mastery of the machine, relaxed among controls that are an extension of our senses, we give ourselves up to the exhilaration of slicing through altitudes.
We understand this experience at Cirrus. It informs every design decision we make.
Cirrus Aircraft
Saturday, December 03, 2005
Dont wait for a call back from an agent to give you a sales pitch! get your sr22 pricing without talking to a sales rep. at http://sr22shop.com DMV approved sr22 filing. No attitudes. Legitimate company -we are not run out of someones living room. Est.1960
Tuesday, November 22, 2005
http://sr22shop.com will find you the lowest down payment and the lowest monthly installment available.
