Posts

Showing posts with the label AAA

AAA pulls back from offering insurance in Florida, following Farmers

Image
[ad_1] Fewer options for property insurance in Florida Fewer options for property insurance in Florida 02:30 AAA will not renew the auto and home insurance policies for some customers in Florida, joining a growing list of insurers dialing back their presence in the Sunshine State amid a growing risk of natural disasters. "Unfortunately, Florida's insurance market has become challenging in recent years," the company said in a statement emailed to CBS MoneyWatch. "Last year's catastrophic hurricane season contributed to an unprecedented rise in reinsurance rates, making it more costly for insurance companies to operate." AAA declined to say how many cus...

AAA pulls back from offering insurance in Florida, following Farmers

Image
[ad_1] Fewer options for property insurance in Florida Fewer options for property insurance in Florida 02:30 AAA will not renew the auto and home insurance policies for some customers in Florida, joining a growing list of insurers exiting the Sunshine State amid a growing risk of natural disasters. "Unfortunately, Florida's insurance market has become challenging in recent years," the company said in a statement emailed to CBS MoneyWatch. "Last year's catastrophic hurricane season contributed to an unprecedented rise in reinsurance rates, making it more costly for insurance companies to operate." AAA declined to say how many customers won't have t...

United Airlines passengers affected by flight havoc to receive travel vouchers

Image
[ad_1] United Airlines has distributed 30,000 miles to travelers whose flights were canceled or delayed due to bad weather and air traffic gridlock last week. Customers who experienced overnight delays or never reached their destinations between June 24 and June 30 received the vouchers, a United representative told CBS MoneyWatch. The 30,000 miles are redeemable for a ticket between more than 8,000 cities in the continental U.S., according to the airline. The travel hold-ups occurred during what United Airlines CEO Scott Kirby called one of the "most operationally challenging weeks of [his] career." "Airlines can plan for things like hurricanes, sub-zero temperatures and snowstorms, but United has never seen an extended limited operating environment like the one we saw this past week at Newark," Kirby told employees in a July 1  email . CEO takes off on private jet Kirby has faced backlash for chartering a fligh...