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TOYOTA Agrees Over $1Billion Settlement On Acceleration Complaints Lawsuits

Toyota Motor Corp. has confirmed that it has reached a settlement worth more than $1 billion in a case involving unintended acceleration problems in its vehicles. The company said the

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All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Life Insurance, Motor (Auto) Insurance, Other Resources & Tips

2013: 10 Major Ways ‘No Premium No Cover’ Will Affect Insurance Companies

With effect from January 1, 2013, Insurance transactions in Nigeria will be on strictly “No Premium No Cover” basis Insuranceadvicenigeria.com analyses the implications of this on Insurance Companies (Insurers) #1:

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NAICOM’s Intervention Yields N1.22BN Claim Pay-out To Insurance Consumers

The National Insurance Commission (NAICOM), through its Complaints Bureau, has facilitated the settlement of claims to insurance consumers by Insurance Companies to the tune of N1,220,645,790.09 in the first half

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BREAKING: How ‘No Premium, No Cover’ Directive Will Affect You in 2013

A new era dawns in the Nigerian Insurance industry on January 1, 2013 as the full implementation of the ‘No Premium, No Cover’ rule as stated in Section 50 (1)

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