| Iris Village finds ownership costly
To fix a pothole in their neighborhood, most people look to the city. Those who live in a recently-subdivided mobile home park need look no further than the mirror. Residents at what was the Iris Village Manufactured Home Park are held responsible for tasks that, in most stick-built subdivisions, would be handled by the city. Tasks such as sewer repair within the grounds of what was the manufactured home park must be borne by the homeowners' association. If the streets within the subdivision need repaving, that, too, must come from the association's coffers. Each homeowner pays the association $40 per month for maintenance and insurance including paying to insure the streets themselves. For Iris Village residents, it was a chance to stay on the land where they already owned or rented a mobile home.
Testimony alleges mobile home fire was arson
The fire that gutted a Reading Township mobile home was set "by human hand," a state police fire marshal testified Monday. Since his investigation ruled out any accidental causes, Fire Marshal Jeff Sarver said he concluded the Dec. 29 fire was arson. Following testimony from Sarver, insurance agent Walter Stainiker and Reading Township Police Officer Eric Beyer, Magisterial District Judge Mark Beauchat sent all charges against Marshall Kester to Adams County court. Police allege Kester, 49, set his trailer ablaze after being evicted from Mountain View Mobile Home Park, at 203 Rife Road, earlier that week. Kester faces charges of first- and second-degree arson, criminal trespass, recklessly endangering another person and insurance fraud. He also faces charges of open lewdness for an unrelated incident Nov.
Unitrin Announces Definitive Agreement to Acquire Merastar ...
CHICAGO--(BUSINESS WIRE)--March 26, 2007--Unitrin, Inc. (NYSE:UTR) announced today that its subsidiary, Trinity Universal Insurance Company ("Trinity"), has entered into a definitive agreement to acquire Merastar Insurance Company ("Merastar Insurance") and certain of its affiliates, superseding the previously announced agreement in principle. Trinity will acquire Merastar Insurance in a cash transaction valued at approximately $45 million, subject to certain purchase price adjustments. The transaction is subject to approvals by insurance regulators and other third parties and other customary closing conditions, and is expected to close in the second quarter. Merastar Insurance is based in Chattanooga, Tennessee and specializes in the sale of personal automobile and homeowners' insurance through employer-sponsored voluntary benefit programs.
Travel Tips: Be Sure You Are Insured When Renting An Automobile
(NC)-Canadians renting an automobile may experience confusion about the insurance coverage. Before you leave home, says the Financial Services Commission of Ontario (FSCO), it is important to familiarize yourself with some of the alternatives to the insurance offered by the rental company. Here are the main choices: Your Current Auto Insurance Policy: Most Ontario automobile insurance companies offer an option for additional coverage on automobiles not owned by the policy holder. If your policy includes the OPCF 27 (the Rental Vehicle Insurance Endorsement) you are likely covered for rentals in Canada and the United States. OPCF 27 does not insure your rental overseas so other coverage will need to be purchased. There are other terms too, so be sure to get all the details from your broker, agent or company representative.
Phone laws to hit car insurance premiums
The new mobile phone laws will make it increasingly difficult for UK drivers to find competitive insurance premiums, a report has claimed.Drivers caught using a mobile phone at the wheel can now receive a £60 fine and three points on their licence, as part of the government's attempt to hammer home the importance of concentration in the car.Insurance broker Quoteline Direct believes that 10,000 drivers will be pushed into the non-standard insurance bracket as a result of convictions, as insurers take an unforgiving approach to this particular folly.Quoteline Direct's Paul O' Gorman said: "Insurers will be using this as an excuse to push people automatically into the non-standard insurance bracket. Three points on a licence for speeding or jumping a red light has always bumped up premiums slightly but I expect many insurers to take a harsher view of people convicted of this offence.
|
