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Virgin boss criticises US support for BA and American Airlines tie-up

23 February, 2010

British Airways’ plan to join forces with American Airlines has met with initial approval from the US Department of Transportation (DoT), to the outrage of Virgin Atlantic boss Sir Richard Branson.

The DoT has found that granting anti-trust immunity to the two companies and three of their partners, including British Airway’s intended merger partner Iberia, would enhance competition with the Star Alliance and SkyTeam alliance.

It would also “provide travellers and shippers with a variety of benefits, including lower fares on more routes, increased services, better schedules and reduced travel and connection times.”

The DoT has made approval conditional on four pairs of take-off and landing slots at Heathrow being made available to competitors, and has invited interested parties to show cause within 45 days why the proposed decision should not be made final.

Rival Virgin Atlantic boss Sir Richard Branson blasted the decision yesterday, saying it was a “real kick in the teeth for consumers”.

“The US Department of Justice, who are the experts in competition issues, called for strict remedies to protect the public interest, because the alliance will harm competitions and the consumer.”

A British Airways spokesman said: “British Airways, American Airlines and Iberia plan to operate a joint business between North America and Europe. Read full post…

Aviva enhances health insurance cover

21 February, 2010

Aviva is offering its customers new options to help reduce the cost of their health insurance .

The insurer’s individual product, Healthier Solutions, now has two new reduced out-patient benefit options and a choice of higher excess options, which both offer significant premium discounts.

Customers can now choose to reduce the out-patient cover available by deciding on either a 500 or 1,000 limit per person per policy year. Read full post…

My Home is for Sale, Can I keep my same Policy?

21 February, 2010

Selling your home can be an exciting time, especially if you are moving for a new opportunity, or upgrading to a larger home.  During a move, you will want to make sure that you are staying up to date with your insurance policy and the regulations that are in effect during this period.  If you are planning to live in your house until the closing date, your homeowner insurance policy should still be sufficient. 

However, if your home is for sale and you leave it vacant, this can pose some problems such as a higher probability of fire, theft, vandalism and other damages to your property.  Dwelling Fire policies may be your solution.  This type of insurance policy generally has liberal guidelines in regards to residency requirements.  In addition, they offer protection for your dwelling, other structures on your property and give you the flexibility to endorse additional coverage that you may need. 

What days of the week is air travel cheaper?

20 February, 2010

Travelers often have a lot of questions. When is the best time to go to a certain place? What’s the difference between multi trip travel insurance and annual trip travel insurance? When travelers are making bookings for air tickets, they also wonder if there are certain days in the week where air travel is cheaper. This may be a simple question, but the answer is not that straight forward. Yet, it will be interesting to find out if there are days where it’s cheaper to travel by air.

To facilitate the investigation, let’s look at some air fares for all the days of the week for a one-way trip from New York, NY (LGA) to Los Angeles, CA (LAX). Cover

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Is it safe to travel to Cancun?

20 February, 2010

Cancun is a great holiday destination that offers miles of pristine beaches, world-class accommodations and wonderful cultural attractions. Cancun is one of the most preferred holiday destinations for Americans because it is located close to the US, but in recent years, a number of events have caused the city to experience a decline in tourism arrivals. As such, many people are trying to find out if it is safe to visit Cancun today.

One of the major concerns of tourists is the ongoing drug war between the Mexican government and the drug cartels.

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