Live Insurance News

Auto insurance payout of nearly £1 million for Rowan Atkinson crash

February 9, 2013February 9, 2013 Julie Campbell

The accident involved a McLaren F1, the beloved luxury vehicle of the well known British actor. Rowan Atkinson, the actor best known for his portrayal of the Mr. Bean character, has received an auto insurance payment of £910,000 in order to have his beloved luxury vehicle repaired following a massive accident. The crash initially took place in 2011, at which time the actor suffered a shoulder injury. The auto insurance payout currently represents the largest repair bill that has ever been tallied in the United Kingdom. The accident, itself, was…

Auto insurance no more popular following celebrity ads

February 2, 2013January 31, 2013 Julie Campbell

The industry has spent billions on actors and athletes, but it has made little difference for boosting sales. A recent report by McKinsey & Co. has revealed that while American auto insurance companies spent billions to include professional athletes and famous actors in their ads, but when all was said and done, they had little to show for it. There appears to have been a virtual race to generate the best marketing over the last ten years. The auto insurance companies in the country have increased their marketing spending by…