Online Insurance Guide

Research from M&S Money reveals the number of home insurance claims as a result of winter weather filed in England has risen by 200 percent over the last three years

The total cost of damages, from both insured and uninsured homes, now exceeds GBP600m per year

M&S Money is alerting homeowners of the need to prepare for the onset of winter

Wind, snow, and heavy rain account for most of the damage during the winter season for homeowners Other common winter hazards around the home include burst pipes; which have escalated in the last couple of years with freezing winter conditions, and chimney fires caused by neglected and dirty chimneys

While many homeowners will have sufficient home insurance to cover the cost of damages, around 30 percent of households arent covered, either because no policy is in place or the claim has been invalidated due to a lack of basic maintenance

Legal groups say Albertas proposed plan to crack down on suspected impaired drivers will lead to innocent people being punished.

The Criminal Trial Lawyers Association said it is concerned about part of Bill 26 that would allow police to suspend the licence of a driver suspected of being over the legal blood-alcohol limit of .08 until the criminal charge is resolved by the courts.

President DArcy DePoe said with the court system badly backed up, it could take up to a year for a case to go to trial. That would lead to innocent people pleading guilty just to resolve the case more quickly.

“It means that this roadside suspension is essentially indefinite, and that provision in the legislation is designed to do nothing but force people to plead guilty,” DePoe said Tuesday. “It

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Have You Given Any Thought To Small Business Life Insurance?

What Type Of Business Do You Own?

• Is your business a Sole Proprietorship?

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The travel insurance company AXA has recently warned its customers and other travelers that international travel insurance claims made due to the consequences of dangerous new crazes are likely to be rejected. The company has seen a huge rise in travel insurance claims from dangerous activities.

The crazes in question are called planking, owling and batting and involve people taking photographs of themselves in strange positions then posting them online. There has been a rise in claims for accidents such as falls from balconies and broken limbs.

Claims that arise from activities where the traveler deliberately puts themselves in danger are very likely to be rejected.

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GlaxoSmithKline PLC has agreed in principle with the US government on a $3 billion settlement of investigations into the companys sales and marketing practices, the drug maker said Thursday

The agreement is expected to be completed next year, and the settlement will be paid through the companys cash resources, GSK said

The company said the proposed settlement covered its sales and marketing practices for drugs including antidepressants Paxil and Wellbutrin, an investigation begun by the US Attorneys office of Colorado in 2004 and later taken over by the US Attorneys Office of Massachusetts; the US Justice Departments investigation of possible inappropriate use of the nominal price exception under the Medicaid Rebate Program; and the Justice Departments investigation of the development and marketing of the diabetes drug Avandia

GSK shares were up 16 percent at 1,377 pence $2199 in late trading on the London Stock Exchange

The company said the tentative settlement covers both civil and criminal liabilities

This is a significant step toward resolving difficult, long-standing matters which do not reflect the company that we are today, CEO Andrew Witty said

In recent years, we have fundamentally changed our procedures for compliance, marketing and selling in the US to ensure that we operate with high standards of integrity and that we conduct our business openly and transparently

Among those steps, the company no longer bases bonuses on individual sales targets, GSK said, but on quality of service

In its annual report for 2010, GlaxoSmithKline said it had made a provision of $4 billion for legal and other disputes, double the 2009 figure

In June, Glaxos US subsidiary agreed to pay more than $40 million to 37 US states and Washington, DC, to settle complaints about manufacturing processes at a plant in Puerto Rico, which has been closed

The company also paid a $750 million fine in 2010 in the US related to the Puerto Rico plant