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State auto insurer pulls rate cut proposal (Baltimore Sun)
Maryland's auto insurer of last resort withdrew a proposal to reduce its rates this week, saying volatility in the market cut its surplus by more than $25 million in September and October. The Maryland Automobile Insurance Fund, a state-controlled fund that covers drivers who have been rejected by private-sector companies, had filed to reduce its rates by an average of about $120 per policy in ...
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Dollar mixed amid economic, auto jitters (CNN Money)
The dollar was mixed against major currencies Thursday amid economic jitters and as the fate of the US auto industry bailout remained in limbo.
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The Fraser Institute: Three of Four Provinces With Government Auto Insurance Monopolies Have Highest Rates in Canada (Marketwire via Yahoo! Finance)
Government-run auto insurance monopolies in British Columbia, Saskatchewan and Manitoba are charging some of the highest average premiums in Canada, concludes a new report released today by the independent research organization the Fraser Institute.
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Dollar mixed on dour economic news, auto bailout jitters (CNNMoney.com via Yahoo! Finance)
The dollar was mixed against major currencies Thursday as investors were jittery about the global economic slowdown and as the fate of the US auto industry bailout remained in limbo.
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Auto Bailout Backers Prep Plan B (CQPolitics.com via Yahoo! News)
Rust Belt senators worked late Wednesday on a last-gasp compromise after Republicans blocked efforts to carve an additional $25 billion for the auto industry out of the $700 billion financial bailout package.
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Ohio car insurance rates decline for second year (Port Clinton News Herald)
Ohio auto insurance rates have declined for the second consecutive year, according to the 2005-06 Auto Insurance Database Report released today by the National Association of Insurance Commissioners.
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Vote on auto bailout plan postponed until Dec. 8 (CTV Winnipeg)
As Canadian officials tour Detroit and Washington Thursday on a fact-finding mission about an auto sector bailout, American lawmakers announced they had worked out a plan that could give the industry a US$25-billion lifeline.
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Wall Street Reaches Best Levels Of Session On Reports Of Auto Loan Agreement (Nasdaq)
(RTTNews) - Stocks have rebounded significantly during early afternoon trading on Wednesday. The positive sentiment comes amid reports of a bipartisan group of senators agreeing on a loan for the auto industry.
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Best, S&P Affirm State Auto Ratings Following Rockhill Agreement (Insurance Journal)
Both A.M. Best Co. and Standard & Poor's Ratings Services have affirmed their respective ratings on the State Auto Group of Companies, which are in turn the operating divisions of State Auto Financial
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Explorer Insurance Cuts California Auto Rates 15 Percent (Insurance Journal)
California Insurance Commissioner Steve Poizner announced a 15 percent rate cut for Explorer Insurance Co.'s auto insurance policyholders, saving them approximately $3.4 million. Explorer Insuranc
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