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Car insurance price fall is 'last hurrah'

THE PRICE of car insurance premiums is plunging, according to the AA. Average premiums fell 19.3% in the year ending June 30 2014 - the largest 12-month decrease since the AA index started 20 years ago. But the AA warned this could be the "last hurrah" for cheaper premiums and said the number of claims remained "stubbornly high" despite Government reforms to curb fraudulent injury claims.

Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Pensioner rescued from sinking car

A PENSIONER had a lucky escape when he was rescued from his car just before it sank under water after he was stranded on a tidal causeway. The man, in his 80s, was trapped inside the vehicle with the sea rising around him after he got stuck on the causeway between Overton and Sunderland Point, Lancashire, the RNLI said. Emergency services were called just before 3.30pm yesterday and the Morecambe RNLI's inshore lifeboat crew found the man inside the car and unable to open the doors because of the pressure of water.