Insurance, Kentucky Insurance

“Northern Kentucky residents are being alerted that an Erlanger business owner is under investigation for selling bogus auto insurance policies, according to Kentucky’s Insurance Commissioner.

The Kentucky Office of Insurance said Michael Fleckinger of Amtrek Two Insurance Co. has marketed and sold auto insurance to at least 60 individuals during the past 18 months. The Office added that the company is not authorized to sell insurance in Kentucky and Fleckinger is not a licensed agent…..from Insurance Journal

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Teensurance allows parents to have a different kind of conversation with their teens about driving and the responsibilities that come with a driver’s license. The new offering will be available to consumers nationwide beginning June 27, 2007.

Teensurance is unique because it bundles an entire suite of technology and services designed to create a safer environment for young drivers, while offering new levels of comfort for parents. Using a GPS-based device — the Safety Beacon(TM) — and online tools to reinforce good driving habits, Teensurance gives parents tangible assurance about their teen’s driving behavior by delivering real-time notifications.

Safeco customers with auto insurance policies can register for Teensurance and access a secure Web portal with materials and services to help them establish a safe driving plan with their teen. …..Teensurance from Safeco

Teensurance.com

Contact Dick Watts Insurance 502-245-3625 for more information about Teensurance from Safeco.

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“The NAIC survey found that 33 percent of U.S. heads of household, who own a home and have homeowners insurance, incorrectly believe flood damages would be covered by a standard homeowners or property and liability policy, despite extensive media coverage on Hurricane Katrina victims whose claims were denied because they lacked flood insurance.

“Many homeowners learned the hard way that their insurance policies did not provide flood protection,”….” Homeowners Insurance

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“”This year’s hurricane season figures to be a challenging one for the U.S. insurance sector both from a meteorological and legal perspective, according to Fitch Ratings in a new report. Some of the most prominent hurricane forecasting organizations are predicting an above-average storm season, which may once again yield very disproportionate conclusions for insurers depending on how severe the storm season is, according to Fitch Senior Director Don Thorpe.. ” from Insurance News

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