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Blooming Insurance!!!!


s4_sat
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[ QUOTE ]

Britain's motorists are likely to see a sharp rise in the cost of their car insurance after Norwich Union, the market's second largest provider, raised its rates by as much as 40 per cent and urged the rest of the industry to follow suit.

On average, NU motor premiums will rise by 16 per cent when customers next come to renew their policies, the company said yesterday. But premiums for higher-risk groups, such as young male drivers, will shoot up by as much as 40 per cent. The company hopes the move will put an end to the recent price war in the market.

31st August 2006

[/ QUOTE ]

They need the money to pay off all their UK workers and transfer their jobs to India.

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