Archive for October, 2011

Discovering Crafty Disposable Cameras

Disposable cameras were an invention of Fuji and Kodak in the mid 1980s. Disposable cameras are an inexpensive way to have access to capturing important moments on film. This is common among disposable cameras on the market. Disposable cameras are also called single-use or one-time cameras. Disposable cameras can be great fun. Traditionally, digital cameras are quite expensive.

Disposable cameras come pre-loaded with film. Disposable cameras take disposable pictures. This is similar to disposable underwater camera in many cases. The photo quality is often quite good, and the point-and-shoot nature of almost all disposable cameras mean that you can capture those moments that are missed as you fiddle with all the buttons and wires and the 100+ pages of detailed instructions in your expensive cameras owners manual.

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Unemployment Hurting the Oldest and Youngest Workers

Many of you reached out to Daily Finance earlier this week after we ran a report on long-term unemployment’s impact on older workers. Readers shared stories of careers terminated, benefits exhausted, and savings consumed. One couple spent their entire retirement fund trying to save their home, which they lost anyway. An out-of-work engineer wrote of his wife, who helps supplement their reverse mortgage, IRA and 401(k) by working part-time as a registered nurse for the maker of an injectable multiple sclerosis treatment.

No doubt today’s news about slight improvements in the unemployment rate bring little relief. Read full article…


StirlingWolf says “Insurance Experience” about American Family Insurance

American Family has been exceptional; service, expertise, claims! We have 2 cars, home, life, and several business policies with our American Family. Rates are competitive, they have of course fluctuated up and down over the 10 years we have been with them which is understandable with the competition/huge claim losses in our area, but the price is well worth it. My previous claims experience with some “other” well known companies, the claims/agent experience was awful, American Family’s claims is by far the best in the industry, it is refreshing for me and my family knowing we’re taken care of; no question!

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Aspen Insurance reports 19.2% rise in gross written premium in Q3

Specialty insurance and reinsurance firm Aspen Insurance has reported gross written premium of $495.6m for the third quarter of 2011, up 19.2% compared with $415.8m for the third quarter of 2010.

The company’s net income after tax was $22.2m or $0.23 per diluted share for the third quarter of 2011, which included $55m or $0.75 per diluted share of net losses resulting from the natural catastrophe events that occurred during the third quarter of 2011.

The net was also attributed to increases to loss estimates for the US severe weather related events that occurred in the second quarter of 2011 and the Japan earthquake that occurred in the first same year.

The company posted operating income of $56.5m or $0.70 per diluted share in the third quarter of 2011 compared with $72m or $0.79 per diluted share for the same period last year.

Aspen Insurance net income and operating income was down by 76.1% and 21.5%, respectively, reflecting the effect of catastrophes occurred in Japan and US during the year.

A decline of 32.6% was also seen in the underwriting profit, which was $26.7m for the third quarter 2011 compared with $39.6m for the equivalent period previous year.

The company expects gross written premium for 2011 to be unchanged from its last guidance at $2.1b plus/minus 5% with premium ceded between 11% and 14% of gross earned premium.


Protect Your Car Insurance Rates. Know What To Do When You’re Pulled Over for a Traffic Violation

Along with the hot wheels, cool trim, leather interior and killer sound system, your sports car came with another line item add-on that wasn’t part of the MSRP: sports car automobile insurance. Insuring your shiny fast ride can add thousands of dollars to cost of ownership over the life of the car…unless you’re a savvy shopper. Here’s what you need to know to help you find cheap sports car insurance (or at least reasonably priced). For starters, different insurance companies have different definitions of what is and isn’t a sports car. This is typically based on a VIN (vehicle identification number) system published by the Insurance Services Office or the company’s own ranking system. Either syst

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