http://www.todayonline.com/articles/268272.asp

This article shows that motor insurance premiums are going up and that is nothing new.

However initially, General Insurance Association of Singapore mooted and started a procedure to prevent owners involving in motor accidents from engaging lawyers to claim in an effort to cut down claim costs and so they allege. So even when they cut off lawyers from the scene, their claim costs are still high and they now want more money.

Seems like insurance companies want the cake and eat it – prevent lawyers from getting accident claim files and insurance companies increase their premiums to get more money into their kitty.

Anything we can do as Singaporeans – no! Hahahah

Sad and now unemployment is up – yet someone is saying, Singapore economy is still fine and we can survive – may I ask who is WE?