14 April 2010

Latest Business News 14.04

Steps to Prevent Identity Theft, and What to Do if It Happens
Quick action is needed if an unusual charge shows up on a credit card statement or a thief opens an account in your name.

Wealth Matters: Protect Your Art With More Than a Handshake
Collectors of fine art may put their property at risk of theft through haphazard agreements with galleries, but the peril of damage through neglect and carelessness is more likely.

Intel Posts a Strong First Quarter
The company’s chief financial officer, Stacy Smith, expressed confidence by announcing that it would add 1,000 people to its work force this year.

Financial Tuneup: Automate Your Debt Payments
Have your credit card company (and other lenders) automatically take the minimum payment from your bank account each month. Then, pay more if you can.

JD Sports enjoys growth in profit
JD Sports sees a 26% increase in full-year profits - but warns tough economic conditions may force customers to cut back.

US and China hold economic talks
The US Treasury Secretary holds talks in Beijing amid a long-running dispute over the value of the Chinese currency.

Renters Insurance - Five Tips To Pay Less | High Risk Drivers And Car Insurance | Affordable Car Insurance For High Risk Drivers

For Inspection Help, Restaurateurs Turn to Consultants
A largely unregulated cottage industry of consultants has evolved to help restaurant owners deal with the byzantine inspection process of the city’s health department.

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Our Towns: For Some Farmers, Survival Through Hudson Valley Fresh Co-op
A former doctor’s effort to help small family farms in the Northeast stay in business by marketing and distributing their milk on their own.

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13 April 2010

Insurance News 13.04

According to the Wall Street Journal, General Motors will increase its annual sales in China to three million vehicles by 2015. This is just the latest evidence that China’s automotive market is growing faster than that of the U.S.

The report, released Monday by the state Department of Insurance, says Mercury apparently has violated the insurance code, "resulting in consumers being overcharged or denied coverage," according to a statement from Insurance Commissioner Steve Poizner.

According to Insure.com, states’ different laws are partly to blame. “Our findings show that the financial ramifications of specific state laws and regulations are driving high rates in certain states,” Amy Danise, senior managing editor of Insure.com, said in a statement. “No matter how good your own driving record is, you’re paying for the decisions of lawmakers.

Mercury officials strongly denied the new allegations. In a statement Monday, the company said it "takes very seriously our responsibilities to consumers and our customers" and added: "We don't engage in practices that would overcharge our customers."

Home Renters Insurance - Ways to Find A Better Deal | Inexpensive Auto Insurance For Senior Citizens

The company and its chairman, George Joseph, have donated more than $7.2 million to state political campaigns in the past decade. In 2009, Mercury donated $13,000 to the gubernatorial campaign of Attorney General Jerry Brown but has not donated to Poizner's campaign for governor.