Archive for February 11th, 2010

‘Black widows’ featured on American Greed

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by admin February 11, 2010 in Insurance News

If you happen to be one of the unfortunate souls homebound due to blizzard conditions (like me and my staff), it might be a good night to get caught on your television viewing. CNBC’s American Greed program will feature one of the worst insurance fraud cases of all time.

Black Widows tells the tale of two grannies in California who help out old men down on their luck, offering friendship, shelter and food. In reality, Helen Golay and Olga Rutterschmidt were con artists who took out life insurance policies on innocent old men and then had them killed.

Golay and Rutterschmidt, who are both serving life sentences in a federal prison, were inducted into 2008 Insurance Fraud Hall of Shame. American Greed airs at 9 p.m. eastern time on CNBC. Happy viewing.

Car insurance offer from Marks and Spencer provides free car washes

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by admin February 11, 2010 in Insurance News

Motorists who take out their car insurance with Marks and Spencer are being offered free car washes for a year.

Consumers who are looking for a new deal for cover on their vehicles will receive 12 free washes if they purchase their insurance through moneysupermarket.com. The offer is worth up to 84 and is available until February 28th. Drivers who take it up will receive twelve vouchers which are redeemable at any ARC IMO location nationwide.

Policy holders will receive UK and European breakdown cover and up to 1,000 towards the cost of replacing keys, locks and locksmith services . Steve Sweeney, head of motor insurance at moneysupermarket.com, said: “The offer is a great incentive, providing customers with a good way to make the most of their cash.”

Last month, moneysupermarket.com commented on the increase in the cost of car insurance premiums and advised consumers to try looking for a new deal if their current one had increased dramatically.