| First Look: 2008 Ford Edge
The Ford Edge crossover continues to energize the Ford brand in the hottest vehicle segment in the United States. Ford's new crossover distinguishes itself with bold, American design, a flexible interior, dynamic driving character and a host of innovative features.
.
Car insurers: Competition should work
Burnes's decision to introduce "managed" auto insurance competition next year won strong industry support yesterday, even from companies that have opposed competition in the past. Attorney General Martha Coakley , several state senators, and consumer activists voiced concerns, but they adopted a wait-and-see attitude on the changes. National insurers that have shunned the state for years because of its heavily regulated system applauded Burnes's decision but said they weren't ready to start selling policies here anytime soon. Burnes, a Superior Court judge until Governor Deval Patrick appointed her insurance commissioner in late February, said Monday night that she planned to open the state's auto insurance market to "managed competition," starting April 1.
City insurance rates frozen for year
EDMONTON - Edmontonians' auto insurance rates have been frozen, but drivers in Calgary and rural Alberta will pay a little more starting in November. Thursday's decision by the Automobile Insurance Rate Board keeps the annually set rates for mandatory liability insurance constant for the first time since the government's insurance reforms in 2004. The previous two years saw decreases of three and four per cent. But the board also issued an order to complete the equalization of rates between Calgary and Edmonton, which was ordered by the province three years ago. .
Former Commerce Capital Markets CEO Joins Wachovia Wealth Management
CHARLOTTE, N.C., Aug. 1 /PRNewswire-FirstCall/ -- Wachovia, the fifth- largest U.S. wealth manager, has named Stan Gregor, an executive with more than 20 years of experience in banking, wealth management, asset management, investment banking, trust and brokerage services, president of its Wealth Markets division in Wachovia Wealth Management. He will lead the group serving the market niche focusing on clients with $10 million in net worth and/or $5 million to $50 million in investable assets. The focus on higher net worth clients follows on the heels of Wachovia's recent announcement that its new Wealth Management Private Banking group will be dedicated to clients with $250,000 to $5 million. Gregor comes to Wachovia from Commerce Bancorp, where he served the past two years as president and chief executive officer of Commerce Capital Markets Inc.
|
