| Automobile Association lowers homeowners' insurance rates
The California State Automobile Association will reduce its homeowners' insurance rates by an average of 10.6 percent starting Aug. 1, marking the motor club's first overall home insurance rate decrease in more than 20 years. California insurance regulators approved the rate decrease Friday. About 500,000 California policyholders -- most of them are in Northern California -- will save an average of $100 per home policy, AAA spokeswoman Jenny Mack said. The insurer is lowering homeowners' rates because its loss experience has changed and it needs to have competitive rates, she said. Sacramento Business Journal .
Paul Hardy enjoys helping people - for 50 years
Its just like any other job, said Paul Hardy of Hardy Insurance Group. Hardy celebrated 50 years as an insurance agent on March 1. Theres something about helping people that I enjoy.
His first job after receiving his license to sell insurance in 1958 was with Farm Bureau. According to Hardy, at that time insurance policies for the home and farm were standard fire. When a change to a separate homeowners insurance policy was established, his clients resisted the change. He said, They would ask me why change? Were happy with the way things are. Mr. Hardy continued to work for Farm Bureau until 1969, when he then contracted to work for Mutual of New York.
It was in 1971 when he made a life changing decision. I decided that if I was going to stay in the insurance business, I was going to work for myself," he said.
Safeco s Neal Fuller to Present at JPMorgan Insurance Conference
24/03/2008 17:57:00 Business Wire Neal Fuller, senior vice president-finance and treasurer for Safeco (NYSE:SAF), will present at the JPMorgan Insurance Conference in New York City on Thursday, March 27 at 3:15 p.m., Eastern Time (12:15 p.m., Pacific Time).
A live Webcast of the presentation will be available on Safeco s Web site (www.safeco.com/irwebcast).
Forward-looking information - including predictive information about Safeco s future performance and results - may be discussed during the presentation.
Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle.
The company sells insurance to drivers, home owners, and owners of small- and mid-sized businesses principally through a national network of independent agents and brokers.
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