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Business Highlights

01.07.10

New jobless claims rise in sign of weak job market

WASHINGTON (AP) — Initial claims for unemployment benefits rose last week for the second time in three weeks. At the same time, more than a million people have lost benefits and more could be cut off now that Congress has failed to extend federal jobless aid.

New claims for benefits jumped by 13,000 to a seasonally adjusted 472,000, the Labor Department said Thursday The four-week average, which smooths fluctuations, rose to 466,500, its highest level since March.

Claims have remained stuck above 450,000 since the beginning of the year. That has heightened concerns among economists that jobs remain scarce even as the economy has begun to recover from the worst recession since the 1930s.

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May pending home sales tumble without tax credits

NEW YORK (AP) — The number of buyers who signed contracts to purchase homes tumbled in May, a sign the housing recovery can't survive without government incentives.

Source: The Associated Press

West Virginia Auto Insurance Discounts « Auto Insurance Guide

Even though auto insurance rates are mandatory in every state, there are some discounts available that will help keep your costs down. The insurance commissioner in each state sets its own mandatory requirements but when you start adding in additional coverage, your insurance premiums could raise up accordingly. Here are some discounts that are available in the state of West Virginia to help reduce some of those costs. Check with your insurance carrier to see if they include any of the following savings.

Multi Car Discount

You could save some money if you insure more than one vehicle under the same policy. If you are a two car family and there are at least two or more people at home who drive, you should qualify for a multi car discount. The vehicles must be primarily driven by you and/or residents of the household.

Bundling

Bundling is the new name for bringing all of your insurance needs under one roof. Some car insurance agents will give you a discount if you bring your life, health, homeowners and/or rental insurance to their company. Having all of your insurance policies at one place makes it easier to keep track of.

Safe Driver Discount

Almost every automobile insurance company rewards their safe drivers for obeying the rules of the road. In order to be eligible for this discount you have to have a clean driving record for at least the past three years. This means no moving violations or accidents that were your fault. Some companies will even increase your discount accordingly as you keep your record clean for longer periods of time.

The more you know, the more you can save!

The best way to keep accidents down is to educate drivers to the rules of the road. You could reduce your premium on the three major liability coverages, property damage, bodily injury and personal injury, if you take a defensive driving course. The discount will apply as long as it is for a private vehicle and the main person or people who operate the vehicle successfully complete a state approved class.

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Insurance Information : What Is the Average Cost of Home Insurance?

The average cost of homeowners insurance is $760 a year depending on the state, likelihood of natural disaster and the worth of the home. Obtain ...

average home insurance rates - News


Falling US Mortgage Rates May Aid Economy Outside Housing
Bloomberg - Jul 29, 2010
Falling US Mortgage Rates May Aid Economy Outside Housing Kansas City StarInvestors seeking the relative safety of bonds backed by government-controlled home finance companies Fannie Mae and Freddie Mac drove the average rate for Mortgage analysis for July 29, 2010Mortgage rates hit lifetime lows this summerLow Mortgage Rates Afford Unique Housing Opportunitiesall 673 news articles »

High-risk health insurance pools to bar abortion coverage
MiamiHerald.com - Jul 29, 2010
To make the plans more affordable, the regulations said that premiums in the new pools cannot exceed the average "standard" rate in the individual insurance and more »

Abington Bancorp, Inc. Announces Results for the Second Quarter of 2010
MarketWatch (press release) - Jul 29, 2010
Abington Bancorp, Inc. Announces Results for the Second Quarter of 2010 Earthtimes (press release)Although the average rate paid on our advances from the Federal Home Loan Bank ("FHLB") increased slightly by one basis point for the second quarter of 2010 TriCo Bancshares Announces Quarterly EarningsKearny Financial Corp. Reports Fourth Quarter 2010 Operating ResultsNorthfield Bancorp, Inc. Announces Second Quarter 2010 Results - -all 1,660 news articles »

Consumer advocate: Reject property insurance rate-hike requests
MiamiHerald.com - Jul 28, 2010
Consumer advocate: Reject property insurance rate-hike requests MyFox Tampa BayIn another move that could affect homeowners' premiums, the board of Citizens Property Insurance on Monday approved an average 8.4 percent hike in rates, Citizens board approves insurance rate hikesFlorida Citizens' Rate Increases Way Below Actuaries' IndicationsGet ready to pay more: Citizens Property Insurance governing board approves  - -all 70 news articles »

CNP Assurances: H1 2010 Revenue and Results
PR Newswire (press release) - Jul 30, 2010
Pensions business grew by a strong 11.7%, while government measures to promote home ownership helped to drive a 22.2% surge in loan insurance premiums. and more »