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The article discusses the improvement of the Government Employees Insurance Co. (GEICO) in its ratio of premiums to net worth and the returns of property-casualty insurers. It mentions that before 1977, insurers lost an estimated 9 billion U.S. dollars on underwriting. It cites that a reason for a drop in automobile claims may be the increase in deductibles by consumers. It examines the promotion of open rating by insurance executives to offset the increase in claims in previous years.

The article focuses on the rise of underwriting losses among casualty insurance companies, as the rate of amount of claims outrun insurance premiums in 1975. It states that the 50-billion dollars-a-year property-casualty insurance business has been the worst victim of the recession, which leads for automobile insurance and other personal insurance difficult for people to buy. It says that only the stock market has prevented the spread of insolvencies, with 14% gain in investment income.

The article discusses the focus of the leading auto insurance firm in the U.S., State Farm Mutual Automobile Insurance Co., on holding its costs down and improving personal service. The company wrote life coverage of at least a billion U.S. dollars in 1965 and was considered the fastest growing among the top 50 life companies in the country. According to the author, homeowner and automobile rates were improved sharply during the year compared to 1965. INSET: Investing takes up the slack.

The article reports on the plan of Allstate Insurance Co., a subsidiary of Sears Roebuck & Co., to be a multi-line insurance company in the U.S. It states that Allstate is the country's number two automobile insurance company wherein 90 percent of the premiums come from passenger car insurance. It mentions that Allstate aims to develop several types of coverage including personal liability, accident and life insurance.

The article reports on the postwar initiatives of banks and insurance firms to regain some of the business they had lost to the insurance subsidiaries of the financing corporations. Postwar automobile buyers can look forward to financing purchases via their local bank at a lower cost. Should a car buyer choose to arrange personally for a bank to finance a new car purchase, he can direct the placing of the insurance with a local agent he prefers. The American Banking Association plans to issue a bank manual that contains details of the bank agent plan.

Several letters to the editor are presented in response to articles in previous issues including "The New World of Research," in the May 28, 1955 issue, automobile, casualty and fire insurance coverages for personal and commercial accounts abroad and "How to Invest," in June 4, 1955.

Several letters to the editor are presented in response to articles in previous issues including "Pensions: Cheaper by the Dozen," in the December 1955 issue, "New Fight on Auto Insurance" in the February 4, 1956 issue and "Only One Way to Go" in the January 21, 1956 issue.

The article reports on the decline in the demand for automobile and fire insurance in the U.S. due to the refusal of insurance companies to take risk. As stated, brokers and insurance agents who are unhappy with the attitude of insurance companies have complained that coverage can't be placed in the usual quarters. As a result, the Broker's Association Joint Council in New York has brought its troubles to State Insurance Superintendent Robert E. Dineen.

The article reports that some automobile insurance firms in the U.S. are canceling policies as increase in rates failed to keep up with the growing volume of losses in 1947. The automobile industry in Detroit, Michigan experienced loss after the end of gas rationing. One underwriter requested its agents to reduce business to about 60% of its volume in 1946. Also noted is the difficulty in transferring insurance policies as more firms become stricter.

The article focuses on the significance of the study to be conducted for the automobile insurance in the U.S. It notes that the two-year study, authorized by the Department of Transportation, will evaluate the whole range of complaints against the insurance industry, such as the increasing cost of automobile insurance. It notes that other insurance companies, including Insurance Co. of North America, are studying the same schemes to forestall any drastic changes in the insurance system.

The article offers information about an automobile insurance scheme titled "Basic Protection," which has come up in the U.S. House with ideas to eliminate fault-finding in courts related to automobile accidents. George H. Kline, vice president of Allstate Insurance Co., states that if this system does not work out we could not go back to old system. It also mentions an argument that Basic Protection will not pay anything until the accident victim has used up his collateral sources of insurance.

The article reports on Frank C. Blumeyer, president of Volkswagen Insurance, a specialized insurance company formed in 1963 by Blumeyer. It states Blumeyer in 1963 was the president of St. Louis Insurance Corp. who promoted his idea of a specialized insurance company for Volksawgen which would concentrate on coverage for one kind of car and sells it through its dealers. It reports that George Capps, president of Volkswagen Mid-America Inc. agreed with Blumeyer resulting in company's formation.

The article focuses on the issue of compulsory automobile insurance for all car owners which was adopted by the states of Massachusetts in 1927. It also discusses the financial responsibility laws enacted by most of the states in lieu of the compulsory insurance which requires a driver failing to pay a judgment against him would have to take an insurance or deposit securities with state officials. It also reports on the opposition form the insurance companies towards compulsory insurance.

The article reports that Farm Bureau Insurance Companies' Ohio headquarters will be functioning as the New England Regional Office. It informs that the New England Regional Office will be a separate unit which will handle all the companies' automobile insurance in Connecticut, Rhode Island and Vermont. It tells that top management of the company has planned to open 14 to 18 similar regional offices by the end of 1954. It further informs about the working operations of the regional office.

The article focuses on the growth and business strategy of State Farm Mutual Automobile Insurance Co. The company has doubled its annual premium volume every five years since 1934. It has written the largest volume of automobile insurance premiums of any U.S. company each year since 1941. Its policy includes low overhead through streamlines office method, minimum losses through selection of policyholders, and good policyholder relations.

The article discusses the trend for insurance companies to offer environmentally-sustainable homeowners insurance and discounts for hybrid cards or paperless billing. Automobile insurers, such as Travelers and Farmers, note that hybrid owners and drivers who keep mileage low have a lower risk of accidents. Green homeowners' insurance, which would rebuild homes with sustainable materials after a loss, is offered by Lexington Insurance and Fireman's Fund.

The article reports on the increase in automobile insurance fraud in the U.S. There are different types of automobile damage scams, including swoop and squat, staged accident and paper accident. According to industry estimates, these scams cost consumer anywhere from $15 billion to $20 billion annually.

Discusses how the direct repair program (DPR), a service offered major automobile insurance companies and the preferred provider option (PPO), available only from some carriers, can make the insurance claims process for the repair of cars easier. Benefits of DRPs; How DRPs benefit insurers; Companies that have PPO programs; Potential problems of DRPs.

The article looks at the diversification strategy of Government Employees Insurance Co. (GEICO) spearheaded by chairman and chief executive officer (CEO) John J. Byrne in 1978. The diversification from automobile insurance business is aimed at avoiding the recurrence of the 1975-1976 financial disaster. There was a 77% increase in GEICO profits during his first full year in 1977. Also mentioned is the decision of Byrne to discontinue mail-order solicitations in less profitable states.

The article discusses various issues in the U.S., including the use of cattle-feeding shelters as a means to be exempted or reduce one's tax bills, and on how to reduce car-insurance premiums. The opinion of Kansas City, Kansas-based Oppenheimer Industries Inc. on how to exploit the Tax Reform Act of 1976. The opinion of Indiana-based Purdue University School of Management's Leslie A. Bryan on the issue of auto insurance is also cited.

The article discusses the insurance policies available for recreation vehicles (RV). It states that the process is complicated and requires the assistance of an insurance agent. It provides scenarios which may or may not be covered by different insurance policies, such as liability, home owners and automotive coverage. It reports on the extent that different forms of auto liability ensures, as well as the situations in which they apply, such as children falling off of one, vandalism, and hitting animals, as well as fire, theft and natural calamities.

The article reports on the possible collapse of automobile insurer Geico Corp. based in Washington, D.C. in 1983. Geico is considered as one of the rare property-casualty firms who make profit on policies. It notes that the company is investing in itself as it has not been successful. It also ventures into other insurance markets thought it sells insurance.

The article reports on the move of John J. MacWilliams, chairman and chief executive of Colonial Penn Group Inc. in changing his marketing strategy to have equal balance in premiums held by policyholders under and over 50. It states that MacWilliams introduces low-cost automobile insurance and variable annuities in order to lure younger customers. Moreover, Colonial Penn will rely on its expertise in direct-mail, radio, and television advertising to sell its annuities and automobile insurance.

The article offers suggestions related to taxation and insurance in the U.S. As mentioned, now that the tax rates for individuals are scheduled to drop in 1981 and on through 1984, then one should talk to a tax planner or accountant about new strategies for tax deductions. As suggested, during the time for automobile insurance renewal, one should take into account the college-going teenage youngsters in the family and ask an insurance agent about possible tax deductions.

The article presents updates on managing personal finance and investments. It explains the importance of finding the right artists that will make a portrait of children, a wife or a mother that will offer a painting value and interest. It discusses the increasing cost of automobile insurance. For those driving their own car in Europe, the article suggests to check on automobile insurance before leaving home because regular automobile insurance and regular auto policy would not apply.

The article offers tips on matters of personal interest. For Washington night life, choices are provided for brand-new hotels with pushbutton comfort, for traditional downtown hotels, and for quite comfort. A list of recommended restaurants are given for both older places and new ones, including those that offer foreign food. Suggested books include "Be Active and Feel Better," by Donald and Eleanor Laird, and "How to Keep Fit and Enjoy It," by Dr. Warren Guild. Important facts on auto insurance are given along with discount offers for driver training.

The article focuses on various issues of interest to businesspeople. It warns taxpayers in the U.S. who earn 10,000 dollars to 30,000 dollars a year that they have a 50-50 chance of being audited by the Internal Revenue Service (IRS) and it provides pieces of advice on how to deal with IRS audit. It says that automobile insurance are expected to decline and with it cuts in premium. People who fly their own plane should update themselves of new rules from the Federal Aviation Agency.

This article presents updates that are of concern to businesspeople. It advises those who plan to buy automobile insurance to shop around before deciding for a policy as rates continue to rise and reminding that cheaper premium does not mean poor services. "Do Re Mi," with Phil Silvers and Nancy Walker is among the best offering for the current Broadway season. Top universities posted 10% decline in admission in 1961 because of stricted admission policy.

The article presents business-related updates relevant to businesspeople in the U.S. as of May 21, 1960. It suggests several places to visit in Los Angeles, California during a vacation or business trips. Allstate is offering an auto insurance plan which guarantees liability coverage regardless of a new accident. The Convair 880, American-built jet, has launched nonstop service in Atlanta, Georgia, New Orleans, Louisiana and Houston, Texas.

The article offers news briefs related to the U.S. Various cars including the Long Wheelbase Rolls, Mercedes-Benz 300D and Facel-Vega Excellence are the new luxury imported cars available in the U.S. Clarence E. Lovejoy has introduced a new Prep School Guide. Potpourri, the experimental automobile insurance "merit plan," started in California in May 1959 has been revised twice to make it easier on careful drivers.

The article discusses various topics in the U.S. It asserts that citizens who are late in filing their income tax return will have a 5% penalty for each month. It notes that there is a trial run in California concerning the widely publicized plan that gives 20% reduction in automobile insurance rates for safe drivers. It highly suggests that tablets should not be taken if the patient is on the acute stage of poisoning.

The article offers information and suggestions on various issues in the U.S. It mentions the possibility of a rise in the cost of automobile liability insurance, and the new family compensation brought by Nationwide Mutual Insurance Co. It also mentions the duplicate tournaments organized by the American Contract Bridge League (ACBL), Jamaica and Trinidad being able to handle more travelers, and the availability of bonded drivers for people who want their cars with them away from home.

The article reports that automobile insurance rates in the U.S. are starting to decline as of March 1950. Allstate Insurance Co. reduced its rates on passenger-car collision policies by 11½% to 15½% in six states. One factor contributing to the decline is the reduced cases of accidents in proportion to the number of insured automobiles. The downtrend is said to be more remarkable in the area of physical-damage insurance.

The article reports on the plan of U.S. legislatures to consider new or more stringent automobile liability legislation in 1947 in response to an increase in automobile crashes. The laws being considered require proof of financial responsibility or compulsory motor vehicle insurance. It mentions the positive prospects for financial responsibility laws. Also noted is the creation of a House commission to investigate the increases in Illinois.

The article highlights the ruling of Kansas insurance commissioner Charles F. Hobbs which states that in settling claims under full-coverage policies for loss of automobiles by fire, theft or accident, insurance companies must pay policyholders the actual cash value at the time of loss, and that the ceiling prices set by the U.S. Office of Price Administration (OPA) are not considered true valuation in many cases.

The article focuses on the rise in the premium of automobile insurance in the U.S. Higher cost of settling claims and increase in accidents led to rise in premium. With effective from July 1, 1946, Robert F. Dineen, New York Superintendent of Insurance accepted a new schedule filed by automobile liability underwriters calling for a 10% increase in bodily injury and 25% in property damage rates.

The article forecasts that local insurance agents will make a strong bid for larger share of stocks on automobile firms by working with banks in instalment buying in the U.S. in 1945. The Bank financing plan was initiated by the Chicago, Illinois-based Industrial National Bank and has been used by investors successfully since 1935. According to the author, the plan has been widely advocated in the insurance trade because it allowed a local agent to make a way back into a strong position in automobile insurance.

The article focuses on compulsory car and driver insurance in the U.S. as of June 1937. The earliest form of car insurance was arranged under the Boston Schooner Form in 1902 ,wherein automobiles were considered in the same category for inland marine insurance. Proponents to expand the scope of automobile insurance have included the driver's protection from liability to injure persons. Despite popular support for car insurance, statistics showed that 75 percent of cars are still not covered for liability to personal injury claims.

The article discusses the state of the U.S. economy as of April 1936. According to a study released by the Brookings Institution, the American Agricultural Association's (AAA) move to increase U.S. cotton prices for export will lose the country some foreign markets. The stock market fell from its peak, and though not severe, is blamed on the income-tax day in New York State. Automobile insurance climbed 11.7% from 1934 to 1935, according to the National Underwriter. Wheat production was 30 million bushels below those estimated, raising their prices.

The article reports on the increasing number of traffic accidents in the U.S. during 1934 and 1935. 36,000 people were killed, and 950,000 injured in 882,000 personal-injury automobile accidents during 1934. It is stated that the increasing number of serious accidents have put the casualty insurance companies under losses, as fewer insurance policies were sold, reducing the premium income. It is stated that excessive speed is the main cause of most of the accidents.

Several letters to the editor are presented in response to the articles published in previous issues including "A Solid Base of National Support," in the August 28, 1971 issue, "U.S. Shoes Need a Higher Wall," in the August 28, 1971 issue and "No-Fault Insurance Works," in the July 31, 1971 issue.

The article focuses on the mandatory auto insurance implemented in Italy in June 1971. According to insurance companies, they new law will really add to their losses. A Fiat-500 owner pays only 78 U.S. dollars for 40,000 U.S. dollars minimum coverage. The insurers believe that mandatory insurance will make drivers more cautious. The law also widened the responsibilities of insurance companies. Firms are required to pay as much as 80% of the damage before the blame is assessed in an accident case.

The article focuses on the endorsement of the so-called no-fault automobile insurance by the administration of U.S. President Richard Nixon in March 1971.

The article offers information on issues related to business in 1969. It states that the services of banks and other planners will be expanded for businessmen and bank custody will provide more tax services. It mentions that a new system for compensating accident victims in automobile insurance is due within five years. It mentions that businessmen will be catered by new downtown hotels in centers in Europe.

The article offers information related to various issues. It states that the cost of automobile insurance for unmarried teenage boys is triple the adult rate if he is the main driver of the second or third car in the family. It says that the intake of sleeping pills is advice by doctors only in non-recurring situations like a long plane trip. The book "Fishing Made Easy," by Arthur L. Cone provide some pointers on the freshwater or saltwater gear for vacation fishing.

The article offers news briefs related to personal business in the U.S. The insurance industry in Detroit, Michigan is worried about the theft of 1968 automobile models. A new survey by the Life Insurance Agency Management Association reports that the over all cost at private men's college for 1967-1968 has increased by 8 percent over the last academic year. Midsummer reports show a big congestion at the border on the main north-south highway in the U.S.

The article focuses on issues surrounding the automobile insurance sector in the U.S. It highlights the launch of the 70th annual convention of the National Association of Insurance Commissioners to address a national rate war in automobile insurance. It notes that the National Bureau of Casualty and Surety Underwriters cut 20% to 25% off rates for private passenger cars not used for business.

The article offers updates on business developments in the U.S. The private insurance companies have offered merit-rating automobile liability insurance plan that would provide lower premiums based on a safe driving record. F. A. O. Schwarz toy store suggests buying toys with realistic designs. Botanist John R. Laughman of the University of Illinois has developed a strain of sweet corn with plumer kernels and sweeter taste.

The article presents information on the government policy in the U.S. for the establishment of a legal residence in another state. Several states impose estate taxes, inheritance taxes, and personal income taxes for this purpose. It is stated that some states impose both inheritance and estate taxes. The article also offers information on the lowering of automobile insurance rates, and the reissue of popular music of the 1930s and 1940s by record companies.

The article offers information on various topics related to personal business. It says that stock in the automobile liability insurance should be given focus in the approaching peak driving season to ensure full protection. It states various tips to get effective photos for publicity such as taking candid photos while working, wearing the usual clothes wore in the office, and trying not to be self-conscious. Moreover, due for the quarterly payment of Social Security tax is on April 30, 1953.