1000 Payday Loans – Superior Financial Aid to Tackle Emergency

Remunerated people also find their empty hands at the end or mid of the month in order to take care of unexpected expenses effectively. The reason behind of it is the fixed monthly income. Even if you have not left enough funds for uninvited expenses, then you can effectively arrange the fund up to 1000 pounds through payday loans. Good thing to procure these loans is that you don’t need to put any sort of collateral to the lender against the borrowed fund.

Sometimes, salaried people also have to struggle with credit issues when they are failed to repay the fund on the due date. After that their fair credit records are changed into bad credit records. But you don’t need to be worried since 1000 payday loans are available to help all bad creditors.

This is reason that there is no credit check required.

Why 1000 payday loans are the most sought-after amongst the UK borrowers? These are short term funds offered to salaried people without any security. The approved amount is very handy to support you in dealing with all small needs effectively on time. You can spend the amount up to 1000 pounds for miscellaneous small purposes such as paying off electricity bills, sudden automobile repairs, medical bills, home rents, credit card bills, tuition or school fees of your children, buying gift, booking tour package and so on. But commit to memory that you have to repay the fund till your next payday arrives.

Prior to applying for 1000 payday loans, you just need to be determined that you have to follow some specific eligibility criterions.

With regard to these conditions, you must be under the position of permanent job for last six months. You must have an income of 1000 pounds per months. You must have a valid bank account for last six months. You must have completed the eighteen years of age or above. You must have residency of United Kingdom.

After that you have to register yourself by filling in online application form available online. The application form consists of all your vital and correct statistics. You must keep in mind that the money gets approval simply after the confirmation of your given information. In case the loan provider comes to know about the counterfeit details in the application form, he doesn’t sanctions the loan amount. He turns down the application after this and then you can never apply for the same. So, always complete online loan application form with correct information rightfully for a prolific approval of loan. 

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Tired of paying too much money for service? Come do it yourself

PORT ST. LUCIE –
Our cars are getting older.

A long recession, high unemployment and thinner wallets have led to a record of a new kind: The average age of the car on the road today is at all time high of 10.8 years.

Roughly speaking, that means that for every brand-new car on the road there is one that is more than 20. Move over, Bessie!

Cutting costs by doing it yourself

What’s driving this aging of our automobile population? Simply put, it’s about saving money.

Looking to cut costs in the face of challenging financial times, automobile owners have chosen to delay buying a new car. Years ago, people thought nothing about buying a new car every five years or even leasing one every two to three years.

Times have changed; customers behavior has changed.

This has been bad news for new car manufacturers and good news for the automobile service and repair industry, as older cars mean more repair and maintenance.

However, consumers don’t want to see the savings from forgoing a car payment evaporate into costly repair bills.

That’s why more and more drivers are turning to do-it-yourself options for necessary repair and maintenance to keep their cars running well.

Doing it yourself has been an overall growing trend for everything from lawn care to plumbing. It’s only natural that the trend would translate into doing your own auto repairs.

Even people who normally would never try their own automobile repairs and maintenance are starting to come around.

In fact, 77 percent of respondents to a recent AutoMD survey indicated that they are for the first time considering do-it-yourself repairs in order to save money.

A unique business concept forms

In early March, the area’s first do-it-yourself auto repair shop opened its doors.

It’s a new concept in automotive repair and maintenance that is a natural outgrowth of the do-it-yourself trend.

There are businesses that do full-service repairs on one end of the spectrum and stores with auto parts for folks who want to do it themselves at the other. The missing link is the place to do those repairs – a truly self-service garage.

Do-It-Yourself fills in that gap by providing a fully outfitted location where drivers fix their cars and trucks.

Located in central Port St. Lucie on Niemeyer Circle (off Village Green), the shop has been fully outfitted with four bays and hydraulic lift stations, and a full array of tools.

It also offers air service, full tire service and fleet maintenance. There is also a computer diagnostic machine you can hook up to in order to receive messages about what is wrong with your car.

Even if mechanically inclined people probably don’t have this type of equipment available to you. How many folks have a lift station in their garage?

With the popularity of HOAs and condos in Florida, it makes even more sense to do those repairs elsewhere. Even if it’s just installing aftermarket parts.

All of this comes at bargain rental rates, too.

For only $20 an hour, do-it-yourselfers can rent a bay and tools. At a typical auto repair shop, it costs more than $60 an hour just for labor… plus parts, taxes and other fees. It’s easy to see how the savings can add up.

The idea of do-it-yourself auto repair originated from the military. Trying to make it on a small salary, military personnel would buy their own parts and then take them to the do-it-yourself auto center on base.

It’s a way for consumers to take control. If you’ve ever gotten a huge repair bill, most of which was for labor alone, you can relate. You shouldn’t have to take out a loan to fix your car.

Tim Funk and his wife Caren are owners and operators of Do-It-Yourself Auto Repair amp; Maintenance, 1571 SE Niemeyer Circle (off SE Village Green Drive), Port St. Lucie. The phone number is 772-335-7079.

Our company are an authority on offering bad credit auto loans expert services for first time or previously owned automotive loans.

TEXAS CONSUMER COMPLAINTS CENTER HELPS CONSUMERS RECOVER MILLIONS

In 1979, Richard
Alderman, associate dean at the UH Law Center, decided that law schools should
do more than just teach people to be lawyers.

“They should help people learn about how the law can help
them in their everyday transactions, so I started the Center for Consumer Law
in 1979,” says Alderman. “That is, in essence, what we continue to do today.”

Within the Center for Consumer Law is the Texas Consumer
Complaints Center, which is designed to help consumers resolve their problems -
and at no cost to the consumers. Under the direction of two attorneys,
including the center’s director, David Tiede, one paralegal and a handful of
law students work to resolve hundreds of consumer complaints each month, everything
from debt collection to automobile repairs to apartment leases.

“We make sure consumers understand where they stand – what they
could do, couldn’t do – and make suggestions for people to resolve complaints
on their own,” says Alderman.

Law students collect the facts and any relevant
documentation, such as a copy of the lease in a landlord-tenant dispute. If the
complainant can’t resolve the issue on their own, the center will help them
mediate with the other side to reach a resolution.

“To be honest, we have a huge success rate at this point,”
says Alderman. “We receive hundreds of complaints a month, and have recovered
millions of dollars to consumers.”

But it’s not just the consumers who benefit from the center’s
free services. Law students who staff the clinic as a part of their curriculum learn
important skills such as effective communication and time management, as well
as legal knowledge that they will use in their future careers.

“By the time they finish the course, they learn how to
communicate more effectively and how to get the information,” says Alderman.
“None of the students work on their own; they talk with the consumers and then
immediately talk to one of the attorneys. They learn to mediate, and students
get so excited when they come in and say, ‘I just solved this!’”

To learn more about the Texas Consumer Complaints Center,
visit http://www.texasccc.com/. To view questions and answers to common legal
questions fielded by the Texas Consumers Complaints Center and other resources
available to consumers, visit: http://www.peopleslawyer.net/qa/homepage.asp.

Modern Auto Loans will allow you to locate the best auto loan regardless of past horrible credit automobile historical past.

Birthday Dentures for an Ancient Elk

Silicone rubber molds (blue material) are made from the Super Sculpey® models. Then the original models are removed from the molds and the polyester resin can be poured in to make the permanent dentures. Polyester resin, of the type used in boat and automobile repairs, is relatively easy to work with and very durable. It is lightweight, can be painted with any type of paint, and can be drilled, sanded, and glued, making it ideal for fossil replicas and reconstructions. (Photo by Fred Mullison, Academy of Natural Sciences)

Bad credit auto loans are considered the financial help presented by Modern Auto Loans.

ASSURANCEAMERICA CORP – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF …

Edgar Online, Inc.

Restatement

During 2011, the companys management discovered an error in its stated accounts
receivables. The error arose as a result of the process used to record
transactions to the accounting system for insufficient funds on policy payments
from insureds. This process, which in certain instances required manual
adjustments to the accounts receivable system for insufficient funds
transactions, resulted in a duplicate booking of certain transactions to the
accounting systems in years 2007 through 2010. The process for recording and
reconciling insufficient funds transactions was changed in 2011. Additionally,
the companys management strengthened its internal controls as a result of this
error.

As a result, the Companys accounts receivable were overstated by $1.8 million
as of December 31, 2010. The effect of the overstatement is a cumulative charge
to earnings, after giving effect to taxes, of $1.2 million over the four-year
period from 2007 through and including 2010. Of this aggregate charge to
earnings after giving effect to taxes, $254,623 related to fiscal year 2007;
$397,818 related to fiscal year 2008; $269,634 related to fiscal year 2009; and
$312,583 related to fiscal year 2010.

Based on the foregoing, on April 2, 2012, the Companys Board of Directors,
after consultation with the Companys management, concluded that the Companys
financial statements for the fiscal years 2009 and 2010, the interim periods
contained therein, and the quarterly statements for the first three quarters of
2011 must be restated to the extent of the overstatements listed above. See Note
3 within the Consolidated Financial Statements for further information.

Results of Continuing Operations

The Company reported a net after-tax loss on continuing operations of $9.0
million for the year ended December 31, 2011 compared to earnings of $2.7
million for the year ended December 31, 2010. The Company reported basic and
fully diluted losses per common share from continuing operations of $0.136 for
the year ended December 31, 2011 compared to earnings of $0.042 for the same
period in 2010. The pre-tax loss from continuing operations was $6.5 million for
the period ended December 31, 2011 compared to pre-tax earnings of $4.7 million
for the same period in 2010.

The pre-tax loss from continuing operations for the year ended December 31, 2011
compared to the same period last year, resulted primarily from lower earnings in
the wholesale operation (AAIC and MGA) in 2011 and a $3.5 million gain on
extinguishment of debt recognized in 2010. Total revenue declined by $6.9
million or 11% from the prior year. This reduction reflects both the challenging
economic environment as well as actions taken by the Company to address
underwriting results. The loss and loss adjustment expenses increased $6.0
million compared to the prior year. This increase included $4.1 million of
adverse loss development from prior accident years, primarily 2009 and 2010.

Results of Discontinued Operations

The Company sold its TrustWay retail agencies in 2011. The TrustWay business is
reported as discontinued operations in the Consolidated Financial Statements and
2010 results for this business was reclassified as discontinued operations for
comparative purposes. The Company reported a net after-tax loss from
discontinued operations of $2.6 million for the year ended December 31, 2011,
compared to a net after-tax loss of $2.2 million for the year ended December 31,
2010. The Company reported basic and fully diluted losses per common share from
discontinued operations of $0.040 for the year ended December 31, 2011, compared
to losses of $0.033 in the same period in 2010. The pre-tax loss from
discontinued operations was $2.7 million for the year ended December 31, 2011
and $3.2 million for 2010, respectively.

The $2.7 million pre-tax loss from discontinued operations for the year ended
December 31, 2011 includes a loss on disposal of $1.3 million from the sale of
TrustWay retail agency operations. The pre-tax loss from discontinued operations
also includes $1.4 million of discontinued operating losses for the year ended
December 31, 2011 compared to a $3.2 million pre-tax loss for the same period
last year. The prior year pre-tax loss reflects a discontinued operating loss of
$1.7 million and a goodwill impairment of $1.5 million related to the TrustWay
agency operations. See Note 9 of the Consolidated Financial Statements for
further information.

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Revenues

Premiums

Gross premiums written (GPW) for the year ended December 31, 2011 were $89.5
million, a decline of 11% compared to the same period in 2010. The decline in
premium was driven by a reduction in new business policies as well as a product
mix shift from 12 month policies to 6 month policies. The reduction in new
business is due to the challenging economic environment as well as actions taken
by the Company to improve profitability in underperforming market segments.
These actions include rate increases, implementation of tighter underwriting
guidelines and restrictions on new business in high fraud areas in the state of
Florida. Additionally, the Company stopped writing new business policies in the
states of Texas, Mississippi and Louisiana in November, 2011. Average policy
premium for six month policies increased for new and renewal policies written
during the last six months of the year by 15.4% and 5.4%, respectively, compared
to the same period in 2010, reflecting the impact of the rate increases taken
earlier in the year.

Policies in-force of 68,663 as of December 31, 2011 decreased 16.7% from
policies in-force at December 31, 2010.

The Company ceded approximately 65% or $58.1 million of its direct premiums
written to its reinsurers in 2011 compared to 67% or $67.8 million in 2010. The
reduction is the result of lower direct premium volume produced and lower ceded
premium for the state of Florida, which was ceded for only nine months during
2011.

Premiums written refers to the total amount of premiums billed to the
policyholder less the amount of premiums returned, generally as a result of
cancellations, during a given period. Premiums written become premiums earned as
the policy ages. Barring premium rate changes, if an insurance company writes
the same gross premiums written (GPW) each year, premiums written and premiums
earned will be equal and the unearned premium reserve will remain constant.
During periods of growth in GPW, the unearned premium reserve will increase,
causing premiums earned to be less than premiums written. Conversely, during
periods of decline in GPW, the unearned premium reserve will decrease, causing
premiums earned to be greater than premiums written. The Companys net premiums
earned, after deducting reinsurance, remained flat at $33.4 million for the year
ended December 31, 2011.

Commission and Fee Income

Our MGA operations receive managing general agent commissions for agency,
underwriting, policy administration, and claims adjusting services performed on
behalf of insurers. Commission income for the year ended December 31, 2011 was
$12.2 million compared to $14.8 million in 2010. The decrease in commission
income was driven by the reduction in premium volume and a lower ceding
commission rate. AAIC pays the MGA commission on premium, which AAIC retains and
this amount is subsequently eliminated upon consolidation.

The MGA operations also receive finance and other fees associated with premium
installment plans. Managing general agent fees of $10.5 million for the year
ended December 31, 2011 were $0.5 million lower than the prior year, resulting
from the reduction of in-force policies.

Gain on extinguishment of debt

On December 30, 2010, AAIC issued a dividend in-kind to its parent Company of
all the 5,000 of the AssuranceAmerica Capital Trusts floating rate capital
securities, with a liquidation amount of $1,000 per capital security (the
Capital Securities) in the amount of $1,001,089 and the Company extinguished
the floating rate junior subordinated debentures of the Company (the
Debentures) of $4,988,513, which resulted in a gain of $3,509,845 after the
unamortized issuance cost.

Net Investment Income and Investment Gains

Our investment portfolio is highly liquid and consists substantially of readily
marketable, investment-grade debt securities. Net investment income is primarily
comprised of interest and dividends earned on these securities and related
investment expenses. Net investment income and gains were $0.4 million for the
year ended December 31, 2011 and $0.7 million for the same period last year. The
lower investment performance was mainly due to interest income received on the
trust preferred debt in the prior year, which was extinguished in December of
2010, offset by higher realized gains on equity securities sold in 2011.

Expenses

Insurance Loss and Loss Adjustment Expenses

Insurance losses and loss adjustment expenses include payments made to settle
claims, estimates for future claim payments and changes in those estimates for
current and prior periods, as well as loss adjustment expenses incurred in
connection with settling

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Index to Financial Statements

claims. Insurance losses and loss adjustment expenses are influenced by many
factors, such as claims frequency and severity trends, the impact of changes in
estimates for prior accident years, and increases in the cost of medical
treatment and automobile repairs. The anticipated impact of inflation is
considered when we establish our premium rates and set loss reserves. During
2011, our outside actuarial firm performed quarterly analyses of accident year
results to update reserve requirements. The estimate of ultimate loss and loss
adjustment expenses is evaluated by accident quarter and by major coverage group
(eg, bodily injury, physical damage). The quarterly analyses are gross of
reinsurance and then reinsurance terms are applied to calculate indicated net
reserves.

We have historically used reinsurance to manage our exposure to losses and loss
adjustment expenses by ceding a portion of our gross losses and loss adjustment
expenses to reinsurers. We remain obligated for amounts covered by reinsurance
in the event that the reinsurers do not meet their obligations under the
reinsurance agreements due to, for example, disputes with the reinsurer or the
reinsurers insolvency.

Effective May 15, 2011, the Company entered into a twelve month catastrophe
agreement with Shelter Mutual Insurance Company (SMIC). SMIC shall be liable
for private passenger automobile physical damage coverage with respect to each
loss occurrence, for the ultimate net loss over and above an initial ultimate
net loss of $400,000 each event such as a storm or flood, subject to a limit of
liability to the reinsurer of $1,600,000 each event, and further subject to a
limit of liability to SMIC of $3,200,000 with respects to all events commencing
during the term of this contract.

Effective April 1, 2011, the Company entered into a new quota share agreement
with Greenlight Reinsurance Ltd. (Greenlight) for premium written in the state
of Florida for the period of April 1, 2011 to March 31, 2012. The Company ceded
50% of premiums and losses for bodily injury liability, physical damage and
other automobile liability coverages to Greenlight. The Company will receive a
19% ceding commission on ceded premiums earned if the loss and loss adjustment
expense ratio as a percentage of earned premium is 75.5% or greater. If the loss
ratio is less than 75.5%, but not less than 71.5% then the ceding commission
shall be 19.0%, plus one half of the difference in percentage points between
75.5% and the actual loss ratio. If the loss ratio is 71.5% or less, then the
ceding commission rate will be 21.0%. The Company receives a provisional
commission rate of 20% in advance, which is subject to adjustment once the final
loss ratio is known.

Effective January 1, 2011, the Company entered into a new quota share agreement
with Swiss Reinsurance America Corporation for business written in 2011 for all
states other than Florida. The Company ceded premium and losses equal to 75% of
the bodily injury liability coverage and 82.5% of physical damage and other
automobile liability coverages. The agreement includes a loss corridor of
75.0%-79.0%, whereby the Company retains the amount by which losses and loss
adjustment expenses incurred exceed 75% of collected net premiums earned,
subject to a maximum additional retention equal to 4% of collected net premiums
earned. The Company retains the amount by which losses and loss adjustment
expense incurred, after the application of the loss corridor, exceeds 120% of
collected net premiums earned.

As a result of the reinsurance agreements, the Company is currently ceding to
its reinsurers approximately 67% in 2011 and 72% in 2010 of its direct loss and
loss adjustment expenses incurred. The Company ceded approximately 65% of its
direct premiums written to its reinsurers during 2011 compared to 67% in 2010.

After making deductions for the effect of reinsurance, losses and loss
adjustment expenses were $31.0 million for the year ended December 31, 2011,
compared to $25.0 million for the same period in 2010. The amount represents
actual payments made and changes in estimated future payments to be made to or
on behalf of AAICs policyholders, including the expenses associated with
settling claims. As a percentage of earned premiums, the loss ratio for the year
ended December 31, 2011 was 92.9% and 75.0% for the same period in 2010. The
year-over-year increase in loss cost includes $4.1 million of adverse loss
development on claims from accident years 2009 and 2010 and $1.5 million of
reserves established for the loss corridor provision in the 2011 reinsurance
treaty.

The $4.1 million of adverse development is attributed to higher than expected
cost for bodily injury claims as well as additional cost exposure for Florida
no-fault coverage (PIP). The Company has implemented both rate and underwriting
actions to improve loss results for the bodily injury coverage. The adverse
development on PIP coverage in Florida is related to recent Florida district
court decisions, ruling that an insurer may not limit payment for PIP medical
services to the permissive fee schedule of the Florida PIP statute unless there
is specific language in the policy contract indicating use of the fee schedule.
This is not expected to be a recurring issue as the Company added language to
its policy contract effective January 1, 2011. As of December 31, 2011 the
Company reserved for the estimated amount of remaining exposure.

Operating Expenses

Selling, general and administrative expenses were $30.9 million for the year
ended December 31, 2011 and $32.3 million for the same period of 2010. The
decrease of $1.4 million in 2011 expenses relates to a $1.7 million decrease in
selling expenses due to lower premium volume in the wholesale division and a
$1.5 million goodwill impairment loss reflected in the prior year, partially
offset by increases in personnel costs of $0.6 million, boards and bureau
assessments of $0.6 million and $0.4 million in other administrative costs.
Depreciation and amortization expenses increased $223 thousand related to
investment in a proprietary web-based quoting and policy issuance platform.
Interest expense was $344 thousand lower than the prior year, primarily due to
the extinguishment of the trust preferred debt in late 2010.

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Index to Financial Statements

Income Tax Expense

The net income tax expense for the year ended December 31, 2011 from continuing
and discontinued operations was $2.4 million compared to $0.9 million for the
prior year. The increase in the tax expense during the year relates to a
valuation allowance of $4.9 million on the Companys deferred tax assets. The
valuation allowance was established based on the more likely than not
threshold for the Companys net deferred income tax asset as of December 31,
2011. The Companys ability to realize deferred tax assets depends on the
ability to generate sufficient taxable income within the carryforward period
provided for in the tax law. The Company considered the following possible
sources of taxable income when assessing the possible realization of deferred
tax assets: future reversals of existing taxable temporary differences; future
taxable income exclusive of reversing temporary differences and carryforwards;
taxable income in prior carryback years; and tax planning strategies.

Financial Condition

As of December 31, 2011, the Company had investments and cash of $16.6 million,
compared to $21.5 million at December 31, 2010. The Companys investment
strategy is to be investing in bonds with short durations in order to meet its
insurance obligations. As of December 31, 2011, the Company had $8.1 million in
cash and short-term investments, which included $0.3 million of cash restricted
to provide security for certain reinsurance reserve obligations. The Companys
long term investments of $7.9 million are spread among direct obligations of the
US Treasury as well as those securities unconditionally guaranteed as to the
payment of principal and interest by the United States government or any agency
thereof and in corporate bonds. The Company changed its investment strategy
during the year and sold all of its remaining equity securities in order to
mitigate its exposure to a volatile equity market environment and reinvested the
funds received in bonds. The other long term investments of $0.6 million
represent low income housing tax credits, which will be used to offset the
Companys future tax liabilities.

The Companys investment activities are made in accordance with the Companys
investment policy. The objectives of the investment policy are to obtain
favorable after-tax returns on investments through a diversified portfolio of
fixed income securities. The Companys investment criteria and practices reflect
the short-term duration of its contractual obligations with policyholders. Tax
considerations include federal and state income tax as well as premium tax
abatement and credit opportunities offered to insurance companies in the states
where AAIC writes policies.

As of December 31, 2011, the Companys assets included two promissory notes
secured by real estate mortgages, in the amount of $2.5 million and $1.5
million, respectively. The two notes were subsequently assigned by the Company
as a capital contribution to its subsidiary AssuranceAmerica Insurance Company.
The assigned promissory notes are secured by mortgages and real estate deeds
owned by

Guy Millner the Chairman of the Company and a related party. See Note 6
of the Consolidated Financial Statements for further details regarding the
notes.

Receivable from insureds as of December 31, 2011, decreased $5.7 million to
$25.1 million compared to $30.8 million as of December 31, 2010. The balance
represents amounts due from AAICs insureds and the majority of the decrease is
directly attributable to the decline in AAICs premium writings during 2011. The
Companys policy is to write off uncollected receivable balances within 60 days
of cancellation or expiration, and the Company does not consider an allowance
for doubtful accounts to be necessary.

Reinsurance recoverable as of December 31, 2011, increased $2.7 million to
$36.7 million compared to $34.0 million as of December 31, 2010. The increase is
directly related to an increase in ceded loss reserves. AAIC maintains
quota-share reinsurance treaties whereby it ceded approximately 65% of premiums
and 67% of losses in 2011. The $36.7 million represents the reinsurers portion
of losses and loss adjustment expenses, both paid and unpaid.

Prepaid reinsurance premiums as of December 31, 2011, decreased $4.2 million to
$19.5 million compared to $23.6 million as of December 31, 2010. The decrease
results from AAICs decline in premium during the year of 2011 and represents
premiums ceded to its reinsurers which have not been fully earned.

Other receivables as of December 31, 2011 increased $0.9 million to $1.6 million
when compared to December 31, 2010. The increase mainly relates to $0.2 million
note receivable due from the purchaser of the TrustWay Alabama agencies,
$0.3 million due from the purchaser of the TrustWay Florida agencies and $0.4
million increase for balances related to the managing general agency agreements.

Assets of discontinued operations decreased $8.1 million to $0.2 million as of
December 31, 2011 from the balance of $8.3 million as of December 31, 2010. This
decrease is mainly related to the sale of the TrustWay agency assets disposed of
during 2011. See Note 9 of the Consolidated Financial Statements for further
information.

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Index to Financial Statements

Prepaid income taxes decreased $107 thousand as of December 31, 2011, when
compared to the balance at December 31, 2010. Deferred tax assets decreased $2.4
million as of December 31, 2011 compared to the balance as of December 31, 2010.
A valuation allowance of $4,851,743 was established based on the more likely
than not threshold for the Companys net deferred income tax asset as of
December 31, 2011. See Note 10 of the Consolidated Financial Statements.

Accounts payable and accrued expenses as of December 31, 2011, increased
$0.6 million to $7.3 million from the balance of $6.7 million as of December 31,
2010. The increase is due to $1.6 million of unclaimed property, offset by a
decrease of $0.3 million in lower premium tax accruals, $0.5 million in general
and administrative expense accruals, and amounts due to agents of $0.2 million.

Unearned premium decreased $6.1 million to $28.1 million as of December 31, 2011
from $34.2 million as of December 31, 2010, and represents premiums written but
not earned. This decrease is directly attributable to the decline in AAICs
premium writings during 2011.

Unpaid losses and loss adjustment expenses increased $8.8 million to $42.1
million as of December 31, 2011 from $33.3 million at December 31, 2010. This
amount represents managements estimates of future amounts needed to pay claims
and related expenses. The increase is primarily related to reserve strengthening
and adjustments to the actuarial estimate for prior accident years related to
the bodily injury and personal injury protection coverages.

Reinsurance payable as of December 31, 2011 decreased $8.9 million to
$20.5 million, compared to $29.4 million on December 31, 2010. The amount
represents premiums owed to the Companys reinsurers. AAIC maintains nine
reinsurance treaties with its reinsurers and is currently ceding approximately
65% of premiums written. The decrease is mainly due to the decrease in premiums
written during the year.

Provisional commission reserves represent the difference between the minimum
ceding commission and the provisional amount paid by the reinsurers. These
balances as of December 31, 2011 decreased $0.8 million to $2.5 million,
compared to the balance on December 31, 2010 of $3.3 million. The decrease is
related to the reduction in ceded written premium in 2011 and a reduction in the
commission rate.

The Companys revolving line of credit of $1.5 million was fully paid during
2011. The line was not renewed by the Company.

Notes payable due to a related party increased by $1,557,911. The increase
represents two notes payable issued in the amount of $2.5 million and $1.5
million to

Mr. Millner, the Chairman of the Company, in consideration of
providing the secured notes to AssuranceAmerica Corporation, (for assignment by
the Company as a capital contribution to its subsidiary AssuranceAmerica
Insurance Company). As additional consideration, the Company also issued a
Warrant Agreement giving the Chairman the right to purchase 11,629,000 shares of
the common stock of the Company for $0.01 per share. At December 31, 2011, the
recorded balance of the notes is $1,557,911, net of $2,442,089 discount related
to the issuance of the warrants. The discount will be amortized over the life of
the notes as a yield adjustment. See Note 11 of the Consolidated Financial
Statements for further information.

Notes and interest payable as of December 31, 2011 decreased $58 thousand due to
principal payments on a note with a third party.

Liquidity and Capital Resources

Net cash used by operating activities for the year ended December 31, 2011 was
$7.0 million. The decrease in operating cash was primarily due to a change in
payment terms for reinsurance commissions (paid on collected premium versus paid
on written premium) impacting cash flow in 2011 by $3.4 million, the return of
$1.6 million held as restricted on behalf of the reinsurer and payment of
provisional commissions of $1.8 million.

Investing activities provided cash for the year ended December 31, 2011 of
$7.9 million. The increase primarily consists of $4.5 million related to the
sale of the TrustWay insurance agencies, $2.8 million net proceeds from the sale
of bonds and equity securities, and $1.5 million transfer of cash from
restricted funds held for reinsurers, offset by $0.9 million of purchases of
property and equipment related to the wholesale division.

Financing activities for the year ended December 31, 2011, used cash of $1.5
million, primarily due to the $1.5 million payment of the line of credit.

On June 30, 2010, the Company entered into a First Amendment Agreement (First
Amendment) to the Loan Agreement between the Company and Wells Fargo Bank, NA
(as successor in interest by merger to Wachovia Bank, NA) (Lender). The
First Amendment amends the Loan Agreement, dated July 17, 2009, between the
Company and the Lender (Loan Agreement).

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The First Amendment extended the maturity date for the credit facility to
July 16, 2011. However, the lender extended the agreement through September 30,
2011. The facility was fully paid in July 2011 and upon expiration, the facility
was not renewed. The proceeds of the facility was used for funding certain
permitted acquisitions, funding short-term loans to the Companys wholly owned
subsidiary, AAIC, or for working capital or general corporate needs in the
ordinary course of business. The credit facility was secured by a pledge of the
Companys ownership interests in two of the Companys subsidiaries, TrustWay and
MGA, and was guaranteed by the same entities.

On December 30, 2010, AAIC issued a dividend in-kind to the Company of all the
capital securities issued by AssuranceAmerica Capital Trust in the amount of
$1,001,089 and the Company extinguished the related junior subordinated
debentures of $4,988,513, which resulted in a gain of $3,509,845. On March 10,
2009, AAIC purchased all of the capital securities issued by the trust at a
discounted price of $1,000,000 from the non-affiliated holder of those
securities. The discount was accreted to interest income over the remaining life
of the capital securities using the interest method. The purchase resulted in an
increase in AAICs investment portfolio for redeemable preferred stock in the
amount of $1,001,089.

To support Company growth, the Company maintains a highly liquid investment
portfolio and closely manages capital requirements. AAIC is required by the
state of South Carolina to maintain minimum statutory capital and surplus of
$3.0 million. As of December 31, 2011, AAICs statutory capital and surplus was
$11.4 million.

Off-Balance Sheet Arrangements

The Company does have off balance sheet leasing arrangements. For further
information, please refer to Note 16 in the Consolidated Financial Statements.

CRITICAL ACCOUNTING POLICIES

Loss and LAE Reserves

The Company is required to make certain estimates and assumptions when preparing
its financial statements and accompanying notes in accordance with GAAP. One
area which requires estimations and assumptions is the establishment of loss and
LAE reserves. Loss and LAE reserves are established to reflect the estimated
costs of paying claims and claims expenses under insurance policies we have
issued. These reserves are an approximation of amounts necessary to settle all
outstanding claims, including known claims and claims that have been incurred
but not reported (IBNR) as of the financial statement date.

Loss and LAE reserves are determined using actuarial and statistical procedures
and represent undiscounted estimates of the ultimate net cost of all unpaid
losses and LAE incurred through December 31 of each year. When establishing loss
and LAE reserves, the Company considers its historical loss experience and
current trends or assumptions, particularly those relating to the following
factors:

o Claims settlement and payment practices;

o Industry averages and average paid losses by state and other
geographical regions;

o Coverage limits and deductibles;

o Inflation and changes in automobile repair costs, medical costs and
industry averages; and

o Legal and regulatory trends affecting claims settlements and average
legal defense costs by state and other geographical regions.

The Company considers its historical loss experience and the factors set forth
above at a state, product and line of business level to estimate its loss and
LAE reserves. The Company reviews its loss and LAE reserves by line of business
on a monthly basis as new information becomes known and it is able to observe
actual loss development. Our statistical average reserves are reviewed
throughout the year. If emerging issues relating to a product or state
necessitate a change in our scheduled reviews of a particular coverage of the
business, we identify and measure variances and make adjustments if necessary.
For example, we track medical and auto repair costs and may adjust statistical
averages if trends were emerging.

At December 31, 2011 and 2010, we had $14.5 million and $9.9 million of net loss
and LAE reserves, respectively, which included $5.1 million and $5.2 million of
case reserves and $9.4 million and $4.7 million of IBNR reserves, respectively.
The Companys case reserves were flat year-over-year and IBNR reserves increased
$4.7 million. This increase in IBNR reserves is related to reserve strengthening
and adjustments to the actuarial estimate for prior accident years related to
the bodily injury and personal injury protection coverages.

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GROSS RESERVES BY LINE OF BUSINESS

The following table presents the gross reserves by line of business as of
December 31, 2011 and December 31, 2010:

2011 2010
Personal Auto Liability $ 39,969,262 $ 31,638,391
Personal Auto Physical Damage 2,129,001 1,672,676

Total Gross Reserves-Unpaid Losses and LAE $ 42,098,263 $ 33,311,067

The increase in gross reserves was $8.8 million mainly representing an increase
in the bodily injury and personal injury protection coverages of $8.3 million
and $0.5 million in physical damage coverages.

Determination of Loss and LAE Reserves

IBNR reserves are established on a quarterly basis and are based on a reserve
analysis by the Companys external actuarial firm. Various standard actuarial
tests are applied to lines of business. Included in the analyses are the
following:

o Paid and incurred extrapolation methods utilizing paid and incurred
loss development to predict ultimate losses;

o Paid and incurred Bornhuetter-Ferguson method adding expected
development to actual paid or incurred experience to project ultimate
losses;

o Frequency and severity method to predict ultimate losses;

o Pure premium method experience to project ultimate losses; and

o Ultimate Loss and ALAE by coverage method to predict ultimate losses
and ALAE.

For each line of business evaluated, each test generates a low, high and medium
point estimate based on development factors applied to known paid and incurred
losses. Selections of factors are based on historical loss development patterns
with adjustments based on actuarial judgment where anticipated development
patterns vary from those seen historically. This estimation of IBNR requires
selection of various factors. A single point estimate for the line of business
being evaluated is then selected from the results of various tests, based on a
combination of simple averages of the point estimates of the various tests and
selections based on actuarial judgment.

While the ultimate liability may be greater or lower than recorded loss
reserves, the development period for personal auto coverage is shorter than that
associated with many other property and casualty coverages and can therefore be
established with more certainty than coverages developing over longer periods
such as environmental coverage.

Our best estimates of the appropriate amounts for our reserves as of
December 31, 2011 and 2010 are included in our financial statements for those
years. Our goal is to establish the total reserves and determine the adequacy of
reserves to cover all loss costs, while sustaining minimal variation from the
time reserves are initially established until losses are fully developed. At the
point in time when the reserves are established, we have no way of knowing
whether our reserve estimates will prove to be high or low and, thus, whether
future reserve development will be favorable or unfavorable.

Adjustment to Unpaid Losses and LAE

On a quarterly basis, the Companys external actuary performs an in-depth
independent review of our actuarial data and determines whether or not the
established reserves for both IBNR and LAE are within an acceptable range. At
the end of each year, our independent actuary opines on and certifies our
reserves. For all years presented, our independent actuary has determined that
our reserves are within acceptable ranges, and therefore management has not
adjusted the liability for unpaid losses and LAE from the amount determined by
its external actuaries.

Key Assumptions

AssuranceAmerica estimates liabilities for the costs of losses and LAE for both
reported and unreported IBNR claims based on the historical trends and
assumptions set forth above. When possible, where deviations from historical
trends in these key areas exist, quantitative and qualitative modifications to,
or selections of, such factors are made to reflect such deviations. Management
analyzes the adequacy of reserves using actuarial data and analytical reserve
development techniques, including projections of ultimate paid losses, to
determine the ultimate amount of reserves. The key assumptions and factors
previously discussed under the Critical Accounting Policies Section are taken
into account in developing these estimates. AssuranceAmerica reviews loss
reserve adequacy quarterly by accident year at a line of business level.
Reserves are adjusted as additional information becomes known. Such adjustments
are reflected in current year operations. Loss and LAE reserves are also
certified to state regulators annually.

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During each quarterly review by the external actuarial staff, factor selections
are updated using the additional information obtained with the passage of time.
The ultimate loss estimates and held IBNR reserves for the line of business and
accident periods effected are adjusted through this updating process.
Additionally, the external actuaries and internal staff evaluate the overall
reasonableness of the loss and LAE ratios by accident year and by line of
business.

Factors that can affect actual frequency include, among others, changes in
weather, driving patterns or trends and class of driver. Estimates of average
frequency can be affected by changes in claims settlement and reserving
practices. Loss severity can be affected by auto repair and medical cost
inflation, jury awards and changes in policy limit profiles. Estimation of LAE
reserves is subject to variation from factors such as the use of outside
adjusters, frequency of lawsuits, claims staffing and experience levels. Key
assumptions as of December 31, 2011 and 2010 were premised on historical loss
reserve development patterns.

Variability of Reserves for Loss and LAE

Management believes that there are no reasonably likely changes in the key
factors and assumptions that materially affect the Companys estimate of the
reserve for loss and LAE that would materially impact the Companys financial
position, liquidity and results of operations. The Companys low average policy
limit and concentration on the nonstandard auto driver classification help
stabilize fluctuations in frequency and severity, thereby limiting the potential
variability the reserve level may have on reported results. For example,
approximately 96% of policies included within the nonstandard book of business
include only the state-mandated minimum policy limits for bodily injury and
property damage, which mitigates the complexity of estimating average severity.
These low limits tend to reduce the exposure of the loss reserves on this
coverage to medical cost inflation on severe injuries since the minimum policy
limits will limit the total payout.

The following table provides the estimated changes in the liability and related
payments made for the year ended December 31, 2011 and 2010:

2011 2010
Change in net loss and LAE reserves $ 4,647,432 $ (2,362,503 )
Paid losses and LAE 26,392,261 27,384,652

Total incurred losses and LAE $ 31,039,693 $ 25,022,149

Loss and LAE ratio(1) 92.9 % 75.0 %

(1) The ratio was calculated by taking losses and LAE divided by the Net Premiums

Earned.

Losses and Loss Adjustment Expenses (LAE)

The Companys claims costs represent payments made and estimated future payments
to be made to or on behalf of our policyholders, including expenses needed to
adjust or settle claims. These costs relate to current costs under our
non-standard state-mandated automobile insurance programs. Claims costs are
impacted by loss severity and frequency and are influenced by inflation and
driving patterns, among other factors. Accordingly, anticipated changes in these
factors are taken into account when we establish premium rates and loss
reserves.

During the year ended December 31, 2011, our loss and LAE ratio increased 17.9%,
as compared to 1.7% in the same period a year ago, which reflects reserve
strengthening for prior year loss development. We continuously monitor internal
and industry-wide severity trends and adjust rates as appropriate to compensate
for the higher loss costs.

The table below presents the development experienced in the following periods:

2011 2010
Prior year incurred losses $ 4,081,001 $ 2,158,004
Current year incurred losses and LAE 26,958,692 22,864,145

Total incurred losses and LAE $ 31,039,693 $ 25,022,149

Increase to the calendar year loss and LAE ratio 17.9 % 1.7 %

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Ceded Reinsurance

The Company cedes a significant portion of its personal automobile premium and
losses to reinsurers. The Companys reinsurance strategy is to use quota share
reinsurance to mitigate the financial impact of losses on its operations, while
enabling premium growth within the limits of its capital base. Historically, the
Companys reinsurance contracts have been one or two years in duration, subject
to renewal.

Effective May 15, 2011, the Company entered into a new catastrophe agreement
with Shelter Mutual Insurance Company (SMIC). SMIC shall be liable for private
passenger automobile physical damage coverage with respect to each loss
occurrence, for the ultimate net loss over and above an initial ultimate net
loss of $400,000 each event, such as a storm or flood, subject to a limit of
liability to SMIC of $1,600,000 each event, and further subject to a limit of
liability to SMIC of $3,200,000 with respects all events commencing during the
term of this contract.

Effective April 1, 2011, the Company entered into a twelve month quota share
agreement with Greenlight Reinsurance Ltd. for business written in Florida. The
Company ceded 50% of premium and losses for bodily injury liability, physical
damage and other automobile liability coverages. The Company will receive a 19%
ceding commission on ceded premiums earned if the loss and loss adjustment
expense ratio as a percentage of earned premium is 75.5% or greater. If the loss
ratio is less than 75.5%, but not less than 71.5% then the ceding commission
shall be 19.0%, plus one half of the difference in percentage points between
75.5% and the actual loss ratio. If the loss ratio is 71.5% or less, then the
ceding commission rate will be 21.0%. The Company receives a provisional
commission rate of 20% in advance, which is subject to adjustment once the final
loss ratio is known.

Effective January 1, 2011, the Company entered into a new quota share agreement
with Swiss Reinsurance America Corporation for the 2011 treaty year business.
The Company ceded 75.0% of the bodily injury liability coverage and 82.5% of
physical damage and other automobile liability coverages. The agreement includes
a loss corridor of 75.0%-79.0%, whereby the Company shall retain the amount by
which losses and LAE incurred exceed 75.0% of net premiums earned, subject to a
maximum additional retention equal to 4% of net premiums earned. The reinsurance
contract will cover all states except Florida. Further, the Company shall retain
the amount by which losses and LAE incurred, after the application of the loss
corridor, exceeds 120% of collected net premiums earned. The Company will
receive a 21.0% ceding commission on ceded premiums earned if the loss and loss
adjustment expense ratio is 73.5% or greater. If the loss ratio is 73.5%, but
not less than 71.5% then the ceding commission shall be 21.0%, plus the
difference in percentage points between 73.5% and the actual loss ratio. If the
loss ratio is 71.5% or less, the ceding commission rate will be 23.0%.

Reinsurance contracts do not relieve the Company from its obligations to
policyholders. The Company periodically reviews the financial condition of its
reinsurers to minimize its exposure to losses from reinsurer insolvencies. The
Company has nine reinsurers, of which eight are A- rated or better based on the
most recent AM Best ratings available. While one of the reinsurers does not
have a rating, the contract is in run-off. Further, the reinsurers cover up to
$2,000,000 in aggregate claims for extra contractual obligations each policy
year.

The impact of reinsurance on the income statement as of December 31 is as
follows:

2011 2010
Gross premiums ceded $ 58,053,377 $ 67,795,311
Ceded commissions incurred $ 11,925,703 $ 15,355,480
Ceded losses and loss adjustment expenses incurred $ 63,097,598 $ 61,574,293

The impact of reinsurance on the balance sheets as of December 31 is as follows:

2011 2010
Reinsurance recoverable $ 36,664,396 $ 34,013,415
Ceded unpaid losses and loss adjustment expenses $ 27,550,209 $ 23,410,446
Ceded prepaid premiums $ 19,466,923 $ 23,643,822
Reinsurance payable $ 20,538,203 $ 29,426,944

Amounts recoverable from reinsurers are estimated in a manner consistent with
the claim liability associated with the reinsured policies. The Company reports
as assets (a) the estimated reinsurance recoverable on unpaid losses, including
an estimate for losses incurred but not reported, and (b) amounts paid to
reinsurers applicable to the policies-in-force. During 2011, the Company ceded
approximately 65% of its premium and 67% of losses during the year ended
December 31, 2011 as compared to approximately 67% of its premium and 71% of
losses ceded to reinsurers for the prior year. The ceded premium and losses
reflect the new contract terms entered into during 2011 as previously mentioned.
The ceded premium under these reinsurance agreements for the year ended
December 31, 2011 and 2010 was $58.1 million and $67.8 million, respectively.
The related ceding commission earned was $11.9 million in 2011 and $15.4 million
in 2010. The lower ceded premium and commission were mainly due to lower
production and the reduced ceded premium related to the state of Florida, which
is ceded at 50% effective April 1, 2011.

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Ceded reinsurance for all programs reduced the Companys incurred losses and LAE
for the year ended December 31, 2011 and 2010 by $63.1 million and $61.6
million, respectively.

Reinsurance assets include balances due from other contracted reinsurers under
the terms of reinsurance agreements. Amounts applicable to ceded unearned
premiums, ceded loss payments, and ceded claims liabilities are reported as
assets in the accompanying balance sheets. Under the reinsurance agreements, the
Company has four reinsurers that are required to collateralize the reinsurance
recoverables. As of December 31, 2011, all reinsurers have provided a letter of
credit or a secured trust account to provide security sufficient to satisfy the
reinsurers obligations under the reinsurance agreements. The Company believes
the fair value of its reinsurance recoverables approximates their carrying
amounts.

The Companys reinsurance recoverable balances amounted to $36.7 million and
$34.0 million as of December 31, 2011 and 2010, respectively. The reinsurance
recoverable includes ceded unpaid losses and loss adjustment expenses of $27.6
million and $23.4 million for the same periods, respectively. The ceded reserves
from reinsurers are estimated in a manner consistent with the claim liability
associated with the reinsured policies ceded. Reinsurance recoverable assets
include paid loss balances due from other reinsurers under the terms of
reinsurance agreements in the amount of $9.1 million and $10.6 million as of
December 31, 2011 and 2010, respectively. The paid loss recoverables are current
as of December 31, 2011.

The Companys ceded prepaid premium relates to policies in force and is earned
ratably over the policy period. As of December 31, 2011 and 2010, the ceded
prepaid premiums amounted to $19.5 million and $23.6 million, respectively.
Reinsurance payable of $20.5 million and $29.4 million as of December 31, 2011
and 2010, respectively, represents the amounts due to reinsurers for ceded
premiums net of commissions. The Company pays its reinsurers on a collected
premium basis. Effective for the 2011 treaty year, the Company receives ceding
commissions on ceded collected premiums, whereas for prior treaty years ceding
commissions were based on ceded written premiums. The Company does not have any
balances that are in dispute as of December 31, 2011.

The Companys quota share reinsurance facility has a significant impact on its
cash flows. Since the Company cedes a significant amount of its premium and
losses, the Company relies heavily on its reinsurers to settle outstanding
reinsurance balances due for loss payments net of ceded premiums collected. The
Company paid ceded premiums net of commissions of $55.1 and $51.5 million for
the years ended December 31, 2011 and 2010, respectively, and received
reinsurance recoverables on paid loss and loss adjustment expenses of $60.0
million and $71.3 million during the same periods.

The Companys reinsurance strategies have not changed from previous years and
the Companys limited loss exposure is based on the existing quota share
agreement. While the Company monitors conditions within the reinsurance market,
adverse conditions could have an impact on the Companys ability to secure
reinsurance capacity, thereby limiting its ability to cede future premium and
losses.

Valuation of Long Lived Assets and Goodwill

We assess the carrying amount of identifiable intangible assets and long-lived
assets if events or changes in circumstances indicate that such carrying amount
may not be recoverable. We assess the carrying amount of our goodwill at least
annually. Factors we consider important, which could trigger an impairment
review, include the following:

o significant underperformance relative to historical and projected
future results;

o significant changes in the manner of our use of these assets or the
strategy for our overall business; and

o significantly negative industry or economic trends.

When we determine that the carrying amount of intangible assets or goodwill may
not be recoverable based upon the existence of one or more of the above
indicators of impairment, we measure the impairment based on the pro forma
sustainable earnings capacity and discounted cash flows. This review is based
upon our historical earnings, industry comparisons, and the underlying risks
inherent in Trustways current business model.

While we believe that our assumptions are appropriate, such amounts estimated
could differ materially from what will actually occur in the future. In
assessing goodwill, these estimates are prepared at the generating segment
level. Goodwill is allocated to the TrustWay segments for the purpose of
impairment testing.

The intangible asset carrying value as of December 31, 2010 relates to the
TrustWay division, which was sold during 2011 and the value was reduced to zero
as of December 31, 2011 (see Note 9 of the Consolidated Financial Statements for
additional information).

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Valuation of Deferred Tax Asset

The Company reviews its deferred tax assets for recoverability at each interim
reporting date. The Companys ability to realize deferred tax assets depends on
the ability to generate sufficient taxable income within the carryforward period
provided for in the tax law. The Company considered the following possible
sources of taxable income when assessing the possible realization of deferred
tax assets: future reversals of existing taxable temporary differences, future
taxable income exclusive of reversing temporary differences and carryforwards;
taxable income in prior carryback years; and tax planning strategies. As of
December 31, 2011, a valuation allowance of $4.9 million was established based
on the more likely than not threshold for the Companys net deferred income
tax asset.

Modern Auto Loans can help you look for the best auto loan irregardless of recent bad credit auto rating.

Clarifying car insurance

Thatcham compares the safety credentials of cars in similar price ranges side-by-side, letting buyers find the highest-quality vehicles they can afford.

Owned and funded by UK motor insurers, Thatcham primarily conducts research that helps the insurance industry and auto mechanics create efficient policies and make safe and cost-effective repairs.

Thatcham also works closely with vehicle manufacturers to improve design safety by limiting damage and improving the ease of repairs after an accident.

Established in 1969, Thatcham undertakes vehicle safety tests and examines whiplash-prevention gear.

Less well known is the fact that it provides some 70% of the data that insurers use to define a cars insurance grouping in Britain. It also tests and accredits crash repair parts and vehicle repair technicians.

A founding member of the international Research Council for Automobile Repairs (RCAR), Thatcham has also been a member of the European New Car Assessment Programme (Euro NCAP) since 2004.

Euro NCAP, the biggest consumer test programme that releases test results directly to consumers, is one of the worlds leading organisations for vehicle safety.

A discount insurance premium may be offered to owners that get a certified security system fitted, while parts are also more easily available.

But for high-risk vehicles with scant parts supply, the premium could be increased if they arent equipped with safety systems.

While it may be a long time before Thailand catches up with British auto safety standards, Dennis Means, managing director of Thatcham Thailand, insists that such practices will be the norm in the Thai market one day, particularly with regional economic integration in three years.

Thatcham is working with the Office of the Insurance Commission and the Thailand General Insurance Association to study vehicle premium risk rating and alternative parts accreditation in the Thai market.

Established with little fanfare in Thailand in 2007, the Thai operation of the British motor insurers Research Centre signed a two-year contract with the association in March last year for vehicle premium risk ratings and alternative parts accreditation for the Thai market.

This should help Thai insurers take a more structured approach to setting premiums and provide better information for consumers. The parts sector will benefit from better quality and choice of aftermarket parts.

Under the deal, Thatcham will provide the Thai association with information used to establish premium risk ratings for cars registered in Thailand.

Following internationally recognised insurance standards, Thatcham Thailands engineers determine the cost of parts and the time needed to return a vehicle to its pre-accident condition.

Thatchams premium risk rating takes into account the new car price, vehicle performance, parts pricing from a standard list of 23 parts, and a vehicles security levels.

Thailand remains one of the more highly-tariffed non-life insurance markets in Asia, said Mr Means.

At present, most classes of insurance products, including auto and fire, are subject to tariff. Pricing flexibility exists but in most cases still requires prior approval from the regulator.

Motor premium pricing is guided mainly by fairly general parameters including the nature of the vehicles use, age and engine size, group of vehicles based on parts prices and repair charges, make of car, its year of manufacture, the drivers claims history, special additional apparatus, and amount of sums insured.

Thailand is the automotive hub of an emerging Asian economic zone, Mr Means said. We want to deliver a transparent risk-rating system for both insurers and consumers.

Thatcham has finalised its group rating formula, providing insurers with an indication of the relative risk for individual vehicles when launched in the Thai market.

The system has evolved over the years to reflect changes in vehicle technology and the diversity of model types.

Over the next three to five years we expect premiums will drop by 1-2% a year, as the new formula helps insurance firms underwrite and assess their risks more accurately, reducing their possible claims costs, he said.

Our company is a leader on delivering bad credit auto loans solutions for first time as well as pre-owned automotive loans.

Seguridad vial por sobre la publicidad

 

Por ese motivo el Cesvi desaconseja el uso de pantallas LED en puntos de alto tránsito. Así lo hizo saber el subgerente de Seguridad Vial del citado organismo, Gustavo Brambati. Fue en referencia a la ubicada en Colón y Betolaza

El Centro de Experimentación y Seguridad Vial (Cesvi), desaconseja la utilización de pantallas LED para la emisión de publicidad en puntos de conflictos de tránsito, de acuerdo a lo manifestado por el subgerente de Seguridad Vial del citado organismo, Gustavo Brambati.
Así lo hizo saber a travÃs del noticiero de CELTA TV, donde se lo consultó en relación a la pantalla de difusión publicitaria ubicada en la esquina de Colón y Betolaza, la cual emite imágenes en movimiento y con una luminosidad de alta intensidad.
Brambati señaló que el Centro de Experimentación y Seguridad Vial ha desaconsejado el uso comercial de pantallas de led en la vía pública, explicando que lo que se busca de alguna manera en un contexto vial, es que lo que llame más la atención a los conductores y peatones sean las señales de tránsito, y que cuando se utiliza cartelería, la publicidad trata de captar la atención de las personas y eso le resta atención a todo lo que tiene que ver con el contexto vial y se entra en una zona de riesgo.
Por lo tanto consignó que de esa manera empiezan a vivirse situaciones difíciles, porque la gente en lugar de estar pendiente y observando todo lo que tiene que ver con las señales viales, y prestar atención al tránsito, empieza a abstraerse de alguna manera por la atracción que generan este tipo de pantallas, lo que genera una situación de conflicto.
En ese sentido, consideró que lo ideal dentro de un contexto vial es que las publicidades no invadan la zona del camino, que eso està preservado para que se de una situación más segura.  

De alto conflicto
El funcionario del Cesvi explicó que desde ese organismo lo desaconsejamos en un contexto de alto conflicto como puede ser una intersección importante, como dos avenidas, con vehículos circulando a velocidad y demás, ahora hay alguno lugares que los han convertido en zona peatonal, donde el conflicto entre vehículos o de vehículos con peatones baja a cero, ahí si obviamente se pueden colocar porque ya la cuestión vial no reviste riesgo, lo importante es que se utilicen en zonas que no generen distracción.
No obstante aclaró que en este tema no queremos ser tajante con la prohibición, la convivencia puede darse en un contexto vial muy atenuado, de muy baja velocidad o con un tránsito de vehículos restringido, entonces puede haber un cartel de estas características, ahora en la medida que haya vehículos en velocidad y alto tránsito de peatones es altamente desaconsejable.
Brambati citó que si bien no hay una legislación nacional específica sobre el caso de las pantallas LED en la vía pública para emitir publicidad, la Ley de Tránsito se refiere a que la señal vial debe tener una prioridad sobre otro tipo de señales como publicidad y demás. DespuÃs cada ciudad aplica de alguna manera su propia legislación en materia de señalización publicitaria.
Puntualizó que cuando se colocan imágenes en movimiento que hoy es posible producto de la tecnología, eso obviamente genera mucha más atención por parte del peatón y una gran abstracción, lo que obviamente es desaconsejable en el caso de que se instale en un lugar de conflicto entre vehículos y peatones.

El Cesvi
El 25 de enero de 1996, bajo la presidencia de Josà Manuel Egaña y la gerencia general del ingeniero Diego Sobrini, comenzaron las actividades del Cesvi, si bien no fue hasta el 26 de marzo que se realizó la inauguración formal de la empresa en la que ya trabajaban 18 personas.
El 28 de junio de 1996 Cesvi Argentina es incorporada como miembro de pleno derecho al Research Council for Automobile Repairs, ente que agrupa a todos los centros de experimentación del mundo, en la reunión anual de esta Institución celebrada en Winnipeg, Canadá.
El Cesvi es una empresa dedicada a la experimentación, formación e investigación aplicada como aporte a la modernización del sector asegurador y reparador del automóvil, contribuyendo al desarrollo de la industria automotriz y de la seguridad vial de la República Argentina.
Algo único en el país y con la visión de ser el máximo referente en investigación y generación de soluciones tÃcnicas en pos del desarrollo del mercado asegurador.
En la actualidad Cesvi Argentina está conformada societariamente por ocho compañías de seguros, las cuales consideran la inversión a mediano y largo plazo como la única forma de producir el cambio necesario en el sector.

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Beyond Horizons volunteers help in many ways

That blunt message from a Sunday about three years ago motivated 10 parishioners to start a ministry that became known as Beyond Horizons. This non-profit first serves residents of Andover, Blaine, Coon Rapids, East Bethel, Ham Lake and Isanti, but has assisted residents in other surrounding communities.

Over the first two years of its existence from February 2010 through February 2012, Beyond Horizons has helped on 259 projects such as moving, yard work, repairs on vehicles, appliances and homes, transportation, house cleaning, home modifications to help senior citizens and the disabled, and much more, according to Julie Clarke, managing director of Beyond Horizons. Only 25 were repeat clients. There were 319 volunteers, some being repeats, that completed these tasks.

“I love being able to get out and minister to folks in need in the community,” said Pete Kennelly of Coon Rapids. “It’s an opportunity to serve God and make a difference and hopefully show others the love of Christ.”

Kennelly and several other guys volunteered some of their time on a Thursday night last week to help an Anoka woman move out of her apartment to another home.

“It’s the biggest worry lifted off my shoulders,” said the woman they were helping, who asked her name not be published. “That’s the hardest part, getting people to help you move.”

Joel Woodward of Coon Rapids is the delivery manager for the HOM Furniture distribution center in Coon Rapids. He got permission to use a HOM truck for the move so the woman they were helping did not have to rent a moving truck. The Anoka woman said she gave a donation of $50 to Beyond Horizons to help them out.

Unfortunately for Beyond Horizons, the donations they receive from clients, the members of the church and the community are not always enough to help everyone they would like to. Clarke said they have turned people away because of limited resources, although usually for larger projects such as roof repairs or expensive automobile repairs.

Although Beyond Horizons is a non-profit and eligible for grants, board member Bill Singer of Andover said they do not have the staffing resources to apply for multiple grants because it takes time to research if they would even be eligible for a grant or whether the competition would be too fierce to justify the time applying for it.

Clarke, Singer and other members of the board have attended seminars on applying for grants and fund-raising tips. The message has

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Merlene Davis: Instead of waiting for the repairman, attend the Ms. Fix-It Fair

Two years ago while attending my first Ms. Fix-It Fair, I sat in on the Grannys Home Remedies session led by Cheryl Steenerson. She taught the class so many common-sense, down-to-Earth, cheap and environmentally friendly health and cleaning fixes, I thought my brain would shut down.

I perked up, however, when Steenerson mentioned an inexpensive way to keep flying insects out of the house during warmer months. She said if we fill a baggie with water and hang it outside near the doorway, most flies and mosquitoes will be turned away.

When I heard that, I thought the woman was nuts, and I told her so recently when I called about her presentation at this years fair, the sixth annual one sponsored by the Bluegrass Chapter of the National Association of Women in Construction.

But when I filled the bags with water and hung them, it worked, much to my surprise. I had maybe 10 flies all summer that dared to cross the threshold. Neither Steenerson nor I can figure out why.

I know it works, she said. I just dont know exactly why.

Steenerson will be one of several presenters this year whose goal is to make us less fearful of handiwork and help keep more money in our pockets. Steenerson will give several uses for apple cider vinegar including a conditioner for our hair, whitener for our teeth, and as a bug spray to keep crawling insects out of the house.

Also, white vinegar, she said, kills 99.9 percent of all bacteria and germs as a household disinfectant.

It is better than bleach for our environment and a whole lot cheaper than the store products, she said.

A librarian at the Anderson County Library, Steenerson calls herself an old hippie who earned a degree in natural resources before heading off to Arizona to become a park ranger for 18 years.

She now has an organic farm in Mount Eden, where she grows vegetables and popcorn.

It is a lifestyle that I didnt see any downside to, she said. I live close to the Earth, and I raise my own food.

She will lead a session on Organic Gardening Solutions, too, in which she gives time-saving tips for people who dont think they have time for gardening, she said. That would be me, as well.

The fair will feature several 45-minute classes at Spencerian College, 1575 Winchester Road, which is a new site.

Melanie Anderkin, chairwoman of the event, said the early March date is more than a month earlier than usual to capture our attention before spring arrives and we get started on gardening, decorating or repairs.

Sessions include basic plumbing and electrical repairs, how to work with tile, drywall and automobile repairs, home weatherization, gardening, and fire pit construction. For a complete list of classes, visit Bgnawic.org. You can come for one session or stay all day.

Established in 1955, NAWIC is a professional association of women working in construction and related industries. The local chapter was chartered in December 2001.

For some women and men, home repairs and tasks can be intimidating, Anderkin said. The purpose of the fair is to take away that fear and empower us.

Do you ever get tired of waiting for someone to do something for you or trying to fix something yourself and doing all the wrong things? Anderkin said. This is to empower women and let them know they are just as handy and there is no reason we cant do this ourselves.

Joan Markwell, who was the first female journeyman and master plumber in Kentucky, will be conducting two sessions on plumbing. She said women need to know there are repairs they can do on their own.

A lot of women, nowadays especially, are living on their own, she said, and times are tough. They cant take time off from work to wait on a repairman.

Im just trying to give women and men the confidence in themselves to try something, said Markwell, who once owned Allied Plumbing. That means a lot to me.

In her Plumbing 101 class, Markwell will ask participants to take apart faucets and put them back together.

If you mess up, thats fine, she said. You cant learn by watching.

Ill show you how to get a handle off, she said, and once we get it off we can figure out what kind of innards weve got.

In Plumbing 102, she will demonstrate simple toilet repairs like how to stop one that is running continuously and how to replace a handle. If time allows, she will show us how to take off a trap and clear a clog under a kitchen sink and maybe how to replace a disposal. OK, Ill be the first to admit that terrifies me.

Markwell has assured me that I shouldnt worry. And neither should you.

I love it when someone comes back to me and says, I did it. They are so excited, she said.

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