Tag: insurance deal

5 Reasons Why You Should Consider a Used Car as Your First Car

Guest Author
used car for first car pre-owned

Congratulations! You are just about to buy your first car. Whereas purchasing a new car is a great move, there are many things to consider. One crucial decision you must make is whether to buy a brand new or pre-owned car. Both types of vehicles have their pros and cons. But which one would be better as a first car? Read on and learn why you should consider a used car as your first set of wheels. But first, some statistics about novice drivers. Novice Drivers Have the Highest Crash…

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United States to sign post-Brexit insurance deal with Great Britain

Marc
Post-Brexit Insurance - US Flag and UK Flag

The new bilateral insurance agreement is meant to provide greater regulatory certainty to the market. The U.S. Treasury and U.S. Trade Representative’s (U.S.T.R.) office have announced their intention to sign a post-Brexit insurance agreement with Great Britain. The goal is to establish insurance market continuity and regulatory certainty as Great Britain steps out of the European Union in March 2019. The new insurance industry agreement would greatly mirror the agreement between the U.S. and E.U. The United States signed an insurance deal with the E.U. back in 2017. In order…

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Insurance industry in N.A. sees Canadian insurer sold to American company

Julie Campbell
insurance industry news

Travelers has announced that it will be making the purchase for $1.25 billion in cash. The North American insurance industry has seen another major acquisition as an American insurer, Travelers Companies Inc. has just revealed that it is making a purchase of the Dominion of Canada General Insurance Co. This purchase is being made for a total investment of $1.125 billion to buy the company outright. The acquisition is being made as a part of the attempt Travelers would like to make to expand its presence in the Canadian insurance…

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