On 13 Dec 2003, at 3:23 am, Ronn!Blankenship wrote:
One of my pet peeves is deliberately suspenseful ghostposting . . .
WHAT insurance company, so those who don't have dedicated high-speed connections can know if it is worth their time to click on the link or not?
Sorry! Too annoyed to post properly :)
"About 40,000 people are being warned they are unlikely to have insurance cover after a company was placed into provisional liquidation.
Tribune Risk and Insurance Services had been selling policies but failed to have them underwritten, according to the Financial Services Authority.
Most of the policies related to home insurance and Tribune had no reserves to meet claims, the FSA said.
A helpline has been set up for policyholders. The number is 0870 1648120.
It is estimated that about £2m worth of claims will not be paid out, with no compensation for policy holders because the company was not authorised to sell insurance.
In a statement, the FSA said Tribune, which is based in Eskbank, near Edinburgh, had been operating without its authorisation.
"The FSA is therefore warning around 40,000 policy holders who have taken out household and buildings insurance with Tribune... that they are likely to have no effective cover," it went on."
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