Insurance Institute Points to Problems with Eco-Friendly Vehicles

Archived in the category: Latest Insurance News
Posted by Lisa Brown on 18 May 10 - 0 Comments

The eco-friendly way to get around is not always the safest, according to the Insurance Institute for Highway Safety.

The organization has recently pointed to the dangers associated with mixing low-speed vehicles and minitrucks with regular traffic. These golf carts and off-road cargo-hauling vehicles are lighter on emissions than their conventional counterparts, but are not prepared to protect drivers in an accident, according to the institute.

Forty-six states currently allow low-speed vehicles on roads, and many provide tax credits for consumers who purchase them, according to the report.

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Ask Nancy: Can I keep my Health Savings Account?

Archived in the category: Insurance Articles
Posted by Travis Harris on 17 May 10 - 0 Comments

Question: My husband has a paycheck deduction to help fund a Health Savings Account, and his employer gives him an additional amount towards the funding yearly. We then pay a monthly amount for a high-deductible insurance plan that kicks in once we reach our family deductible. Are HSAs going away with the new laws?  Sure hope not—we love ours!

Answer: Nope, not going away.

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There are many people who are searching for a way to find cheap car insurance quotes. This has a lot to do with the current state of economics. There are many different factors that affect the price of an insurance quote. It is very important to not only examine the most important ones but to understand why they have an impact on the price of a car insurance policy.

Age is a very important factor that effects the price of these policies. A lot of people are not aware of the money that can be saved simply from reaching a more mature age level. Drivers who are under twenty five years of age tend to pay more money than those over. Once a driver reaches the age of twenty five, the price of whatever policy they currently have drops to an extend.

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Elephant Auto Insurance named Employer of Choice in Richmond, Va

Archived in the category: Latest Insurance News
Posted by Lisa Brown on 16 May 10 - 0 Comments

Elephant Insurance Services, LLC (Elephant), a leading provider of cheap auto insurance in Virginia, received the top award – Employer of Choice – in the All Star Awards sponsored by the Society of Human Resource Management Association’s Richmond chapter, the Greater Richmond Chamber and the Richmond Times-Dispatch. Elephant won in the small business category for the annual award that recognizes businesses and organizations in the Greater Richmond area that support the 3 E’s (employment, education and economic development) in building a quality workforce and distinguishing themselves as leading employers.

“This award means more than simply being judged a great company; it is community acknowledgment supporting what we are building at Elephant. It is a Read more…

The Hartford Puts Faith in Faith-Based Funds

Archived in the category: Latest Insurance News
Posted by Lisa Brown on 16 May 10 - 0 Comments

The Hartford Financial Services Group has seen a surge in sales of retirement plans to charitable and religious organizations prompting the insurance and wealth management company to add three faith-based investment fund families to help boost growth.

Defined contribution retirement plans have become more popular with nonprofit organizations such as churches and charities, spurring rapid growth in that segment of the retirement savings market for The Hartford. Read more…

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