I just read an article from Travel Weekly dated 1/27/09 that Prime Travel Protection closed their doors and hopes to file Chapter 7 Bankruptcy. I am amazed that they’ve been in business for any length of time. It appears that they were like another travel protection company from a couple of years ago, Trip Assured.…
How to protect your travel investment during unsettled economic times.
Is there any good news about the economy? Every time you turn around you hear about another segment of the economy that has been affected. Will the current economic problems effect your travel arrangements? It might! Most travel suppliers are small businesses; the very ones who are being squeezed by the credit crunch. This increases…
New Travelex plans available on QuoteWright
Travelex has introduced 3 new plans – Travel Basic, Travel Select and Travel Max, which are now available here on QuoteWright. The new plans bring some new coverages and options that were not previously available from Travelex such as Cancel for Any Reason, Identity Theft Services and even coverage for a sick or injured pet!…
QuoteWright receives Honorable Mention From Better Business Bureau
On Thursday, November 13, 2008, East Hartford-based BC Group, LLC received Honorable Mention for the Connecticut Better Business Bureau’s 2008 Excellence in Business/Consumer Eduction Award for its travel insurance website, QuoteWright.com, at the Bureau’s 80th Annual Meeting and Awards Banquet. According to the Better Business Bureau, the competition for the award was intense this year…
Statement by Federal Reserve on AIG
Interesting press release today from the Federal Reserve Bank of New York concerning their transaction involving AIG: We understand the importance of keeping AIG’s regulated subsidiaries which include its insurance companies well capitalized, and will continue to work with their regulators. Policyholders across the entire AIG family should take comfort from the fact that AIG…