According to the Wall Street Journal, General Motors will increase its annual sales in China to three million vehicles by 2015. This is just the latest evidence that China’s automotive market is growing faster than that of the U.S.
Compulsory auto insurance coverage is a state issue. Each state establishes minimum bodily injury and property damage liability coverage requirements as it deems appropriate. However, liability insurance provides no benefits to the policyholder beyond the transfer of risk. The auto insurance requirement serves to protect the public from catastrophic losses the insured may cause.
Poizner's report on the company - which includes Mercury Insurance Co., Mercury Casualty Co. and California Automobile Insurance Co. - comes two months after state insurance officials made similar allegations against the firm.
Cabot China & Emerging Markets Report is the top source of stock ideas that will benefit from China’s growing auto sector. It was recently named the #1 newsletter for the last five years by Hulbert Financial Digest, with annualized gains of 19.5%.
Home Renters Insurance - Ways to Find A Better Deal | Inexpensive Auto Insurance For Senior Citizens
The company and its chairman, George Joseph, have donated more than $7.2 million to state political campaigns in the past decade. In 2009, Mercury donated $13,000 to the gubernatorial campaign of Attorney General Jerry Brown but has not donated to Poizner's campaign for governor.
source
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment