| Saigontourist, AIG tie up to provide travel insurance
(SGT-HCMC) Vietnam's leading tour operator Saigontourist Travel Service Co. inked a deal yesterday with AIG General Insurance (Vietnam) Co. Ltd. to provide global travel insurance for tourists. Under the deal signed in HCMC, AIG is the insurance partner to provide global travel insurance for Saigontourist's outbound tourists in one year from April 1. The insurance policy covers health care costs abroad, around-the-clock emergency support by International SOS, accidents, losses, delayed and damaged luggage. Especially, the policy also covers losses or damages caused by terrorism, natural calamities, and epidemic diseases. The two companies declined to announce the fee, but said that the payout can reach US$10,000. Vo Anh Tai, director of Saigontourist, said that the global travel insurance service not only applies to Vietnamese travel abroad but also for overseas Vietnamese and foreigners who buy outbound tourism services at the company.
Monday Newspaper Review - Irish Business News and International ...
The Irish Independent reports that nurses' hopes of their pay claim being met through a change of government were dashed last night as Fine Gael and Labour both ruled out giving in to their demands. As the dispute escalates in its second week, neither party from the alternative government offered a commitment to give the nurses their 10.5pc pay rise and a 35-hour week, if they got into power. The Irish Nurses Organisation (INO) plans to capitalise on the Government's dipping popularity by targeting vulnerable seats in the general election. The union says that, if the dispute is not resolved, it will consider organising its 40,000 members to vote as a bloc in the election. This, they say, could threaten as many as 18 Fianna Fail and PD seats.
Paying for Vaccinations
Whether you're getting ready to enroll a child in school, take an overseas business trip or go on your dream vacation, plan ahead for vaccinations. You may need a variety of inoculations, which may cost a bundle and take time to be effective. Fortunately, many of the vaccinations -- especially the routine ones children and adults receive -- are covered by health-insurance policies. But that may not be the case with some of the shots recommended for travel to less-developed parts of the world. It's not unusual to pay $95 for yellow-fever vaccine, recommended for travel to places such as ... .
METRO BUSINESS CALENDARS
Career-Prospectors, www.career-prospectors.com, a job-search networking group, meets every Monday at 7:15 a.m., in the conference room at Long & Foster, 9321 Midlothian Turnpike. Details: Michael Soden, (804) 594-7065 or Fred Carreras, (804) 378-2021. .
Don't get taken for a ride
WHEN it comes to hiring a car, who bothers to read the fine print? Sometimes it's hard enough just getting the attention of staff at the reservation counter where the queues are often packed with lots of hot, sticky and impatient customers. Let's face it, most of us are just itching to get behind the wheel and get on with our holiday or business trip. But if there's one thing you need to know about car hire, it's that the devil is in the detail. Some of that small type is really quite scary. Here's what our magnifying glass revealed: An inspection is essential Disputed vehicle damages and liabilities are among the most common complaints about car rentals, Consumer Affairs Victoria and the NSW Office of Fair Trading says. As recently as last year, an executive rental car company operating in Melbourne was successfully prosecuted for falsifying damage claims and debiting customer credit cards to the tune of almost $280,000.
THE DOMINION OF CANADA GENERAL INSURANCE COMPANY GOES LIVE WITH
The Dominion of Canada General Insurance Company (“The Dominion"), a leading Canadian property and casualty insurer; and Guidewire Software®, a leading provider of technology solutions to property and casualty and workers' compensation insurers, today announced that The Dominion is in production with Guidewire ClaimCenter®. ClaimCenter is being used to modernize and replace the company's existing legacy claims system in order to better serve the needs of its policyholders and its network of independent brokers. The Dominion's phased ClaimCenter roll-out started with 35 adjusters and is on track to include 300 adjusters by the end of May 2007. This initial phase includes personal automobile and personal property, along with some commercial automobile lines. “Our Guidewire implementation project has gone very smoothly," said Janet Babcock, vice president and chief information officer, The Dominion.
New York Life Sets Many New Records in 2006
NEW YORK--(BUSINESS WIRE)--New York Life Insurance Company, America's largest mutual life insurance company, set new records in 2006 for sales of insurance and investment products, as well as reached new highs in operating earnings, surplus, operating revenue, and assets under management. The company's net income reached $2.3 billion in 2006, compared with $855 million in 2005. The rise in net income was the result of strong operating earnings coupled with realized capital gains that included a $1,011 million one-time gain from a change in accounting for a company investment. Among the Significant Records New York Life Achieved in 2006: Operating earnings increased 17% to $1.1 billion in 2006, from $934 million in 2005*. Operating revenue grew more than $1.2 billion, or 11%, to $12.3 billion in 2006*.
Minnesota Sues "Trust Mills"
Minnesota Attorney General Lori Swanson is suing two California companies, American Family Legal Plan and Heritage Marketing and Insurance Services, Inc., for operating a "trust mill" that preys upon Minnesota senior citizens. Swanson said that American Family Legal Plan initiates a "trust mill" scheme through a direct mailing to senior citizens, telling them that the company has special expertise in estate planning and can advise clients on how to avoid estate taxes and probate fees. If the senior citizen responds positively, Swanson said an agent posing as an estate planner meets the senior citizen at home and sells the person a plan for $2,000 or more. Swanson said that during this meeting, the agent will distort and misrepresent the impact of probate fees and estate taxes, causing the senior citizen to buy the trust out of fear that their heirs will lose the estate.
Discount Digs
ORMOND BEACH -- After six months of looking at houses, Tom Anderson and Dottie D'Esposito found the "perfect one" for them in Aberdeen, a manufactured housing community. The fact they could get it for about 25 percent less than the original asking price of $199,000 was like icing on the cake. "The seller became ill and had to move back to Flagler," Anderson said during a recent interview. He and D'Esposito coincidentally each owned a home in Flagler before moving here about a month ago. He was able to sell his house quickly, while hers was still on the market as of the end of March. "I've always liked Ormond Beach. We felt it would be more economically feasible to buy here," said the 71-year-old Anderson, who retired from the Navy. "I think you get more value for the buck than in a standard home," he said.
|
