Saturday, March 15, 2014

Premature ejaculation is more common than ED

Erectile dysfunction (ED) may be the more talked about sexual problem in men, but premature ejaculation (PE) is the more prevalent sexual disorder: One in three men in the Asia-Pacific region has PE. This was the key finding of the “Asia-Pacific Premature Ejaculation Prevalence and Attitudes (Pepa) Study,” the largest study of its kind in the region to date.
PE is the most common male sexual disorder. On the average, men reach sexual climax and ejaculate within 4 to 8 minutes after the start of sexual intercourse. In PE, ejaculation always or nearly always occurs prior to or within about one minute of vaginal penetration or before the man consciously wishes to.
Conducted from March to April 2009, the Pepa Study involved almost 5,000 men aged 18 to 65 from Australia, China, Hong Kong, Indonesia, Malaysia, New Zealand, the Philippines, South Korea, Taiwan and Thailand. Through an online survey and face-to-face interviews, respondents answered 48 questions designed to investigate PE prevalence and men’s attitude toward PE. The study found that overall 31 percent of respondents have PE; only 20 percent of respondents were found to have ED.
An earlier Pepa Survey involving more than 12,000 men aged 18 to 70 from the United States, Germany and Italy found that PE prevalence was consistent across all age groups. The US National Health and Social Life Survey analysis involving more than 2,500 men found that PE prevalence was consistently higher than ED in men younger than 60.
While PE is a male sexual disorder, it also affects the man’s partner. The good news is that a drug to treat PE will soon be available. Medication can be combined with psychological and relationship counseling to manage PE. Men with PE should seek their partner’s support and consult a doctor. You can take action and control PE.
Dr. Dennis P. Serrano is a urologist and past president of the Philippine Urological Association. A health information advocacy supported by A. Menarini Philippines, PE-P Talk is a column series that aims to raise awareness on and enhance understanding of premature ejaculation (PE) and its proper diagnosis and treatment

Link Identified Between Kidney Removal And Erectile Dysfunction

Erectile dysfunction (ED) may be the more talked about sexual problem in men, but premature ejaculation (PE) is the more prevalent sexual disorder: One in three men in the Asia-Pacific region has PE. This was the key finding of the “Asia-Pacific Premature Ejaculation Prevalence and Attitudes (Pepa) Study,” the largest study of its kind in the region to date.
PE is the most common male sexual disorder. On the average, men reach sexual climax and ejaculate within 4 to 8 minutes after the start of sexual intercourse. In PE, ejaculation always or nearly always occurs prior to or within about one minute of vaginal penetration or before the man consciously wishes to.
Conducted from March to April 2009, the Pepa Study involved almost 5,000 men aged 18 to 65 from Australia, China, Hong Kong, Indonesia, Malaysia, New Zealand, the Philippines, South Korea, Taiwan and Thailand. Through an online survey and face-to-face interviews, respondents answered 48 questions designed to investigate PE prevalence and men’s attitude toward PE. The study found that overall 31 percent of respondents have PE; only 20 percent of respondents were found to have ED.
An earlier Pepa Survey involving more than 12,000 men aged 18 to 70 from the United States, Germany and Italy found that PE prevalence was consistent across all age groups. The US National Health and Social Life Survey analysis involving more than 2,500 men found that PE prevalence was consistently higher than ED in men younger than 60.
While PE is a male sexual disorder, it also affects the man’s partner. The good news is that a drug to treat PE will soon be available. Medication can be combined with psychological and relationship counseling to manage PE. Men with PE should seek their partner’s support and consult a doctor. You can take action and control PE.
Dr. Dennis P. Serrano is a urologist and past president of the Philippine Urological Association. A health information advocacy supported by A. Menarini Philippines, PE-P Talk is a column series that aims to raise awareness on and enhance understanding of premature ejaculation (PE) and its proper diagnosis and treatment.



Thursday, March 6, 2014

The best jobs for smart, but lazy people


Relax lazy bones. It might be time to embrace your inner underachiever.
In a world where work-related stress has rocketed could the most intelligent option be simply to find the least-taxing, most lucrative job on offer? Could the smartest choice for a future career be the path that requires the least amount of effort?
And what’s so wrong with applying yourself to seeking out a low stress option anyway? We looked to question-and-answer site Quora for somesuggestions for the best jobs for smart but lazy people. Here’s what the masses had to say:
English, anyone?
Computer game designer, Andy Lee Chaisiri wrote: “Perhaps one out of every three English teachers I've met in Beijing describe themselves as intelligent, but very lazy.”
He wrote that teaching roles in China are often lucrative and high demand means ” entry standards are not restrictive”. In some cases, the only requirement is that an applicant was born in an English-speaking country.  
Chaisiri explained that because English teaching has flexible hours “lots of people are English teachers only part time ― they are there to supplement [their education], or a brief vacation, or find another job ― which means that if you do decided to turn English teaching into your career, you will be steadily moving up.”
He added: “Your income levels will match the middle class college graduates that work 50 hours a week and do overtime until they die.” And Chaisiri wrote: “So go forth and teach English, you lazy guy!”
Keyboards and pyjamas
If you’re disinclined to venture far from your home office, Paul Denlingersuggested: “Computer programmer: It is a continuous learning process, but you really don't have to work that hard , and gradually you learn that many of the challenges are repetitive.”
Even the nature of the work itself lends itself to doing less, he indicated.  “Good programmers write as few lines of code as possible, and it is one of those professions which pays well, while at the same time, encouraging laziness, Denlinger wrote. “At the same time, you get to work with other reasonably intelligent, technical people, while the investors throw money at you for their next great idea.”
However, Chris Leong a programmer in Sydney suggested “working for the government — most roles have 35-hour weeks in Australia — unless you become senior. “
Ask me, I’m an expert
Matthew Kuzma wrote: “My personal opinion is that the best possible job for someone who is intelligent but lazy would be to be a professional ‘expert’ at something, to get paid to just share your thoughts and opinions about things with people who will do the heavy lifting.”
He advises the idle to “identify the activities you don't consider work and find a career that will pay you for those.  Chances are, the things you consider fun and easy are things someone else finds so hard that they're willing to pay you to do them.”

There's always Windows
As it happens, taking a laid-back approach to tackling a project is not always a negative either. Arvind Krishnan quotes billionaire Bill Gates as saying "’I will always choose a lazy person to do a difficult job, because he will find an easy way to do it’."
So lazy-but-intelligent people of the world:“Looks like you have a shot at Microsoft,” wrote Krishnan.

Mistakes Men Make in Romance

On dates, women like to be taken to fine restaurants, and sophisticated evenings of theater, or perhaps a British romantic film, followed by some insightful conversation, and then directly home, with perhaps some casual, witty flirting at the door before saying good night.
A man’s fantasy date? A triple Wham-Bam Burger at a Hooters restaurant, the latest superhero movie, and then having at each other like wild monkeys at the Sin-Sational Motor Lodge, featuring heated, revolving water beds. Or so I’ve heard.
Men use cologne when they start dating. This gives women the mistaken impression that their man naturally smells like an exotic rain forest or tropical island breeze, and will always smell that way. Is it any wonder, then, that problems arise later, when the man feels he’s got the woman and no longer needs the cologne? For now his natural aroma is a mixture of beer, tobacco, the dog, and last night’s burrito.

Once sex has occurred, women expect their dates to cuddle. Cuddling and talking is bearable for maybe the first minute and a half afterwards. Beyond that, centuries of male genetics kick in, so that even while the woman may be talking about her feelings about how you are different from any other men she’s ever known, the man’s brain is filled only with images of having a pizza while watching football – something with absolutely no cuddling and talking after sex.
Men believe that God wouldn’t have given them the ability to make gross noises with their various body parts, if He didn’t want them to do so. Okay, let’s, just for the sake of argument, say this is true. Nonetheless, it nauseates women. Yes, even if you say “Excuse me” afterwards. Or swear the dog did it.  Women never believe that, and the dog ends up resenting you.
Women feel they don’t have to inform their men why they’re upset; men should just know. The odds are really against this one working, simply because men make so many mistakes all day long, that to have to guess which of them is ticking their woman off, would not only be time-consuming, but sheer luck.
Should the date evolve into a marriage, men expect women to earn a living, take care of the house, raise the kids, and be eager for sex every night. And what do men do in return? Once every three weeks, they’re asked to open the lid of a jar. After doing so, they get this look on their faces, as if to say, “What would you do without me, babe?”
Finally, women expect men to say, “I love you.” This one is not a mistake. Women need to hear it. And men need to say it a lot more often – even if it means shouting it from the other room, while they are finishing their pizza. Hey, it’s the thought.

HEALTHY HOLLYWOOD: NANA MERIWETHER'S MODEL BEAUTY!


Miss USA 2012 Nana Meriwether helped get the party started at Fashion Week in New York City.
Healthy Hollywood celebrated with Nana and kicked off the weeklong fashion fest in style and with the right attitude, as I got invited to attend the Carrie Hammer show which spotlights “role models, not runway models.”
Instead of gorgeous amazons sashaying down the runway, the designer had real women with a mind for business walking in her line of career-oriented fashion. Along with Nana, media executives, entrepreneurs and a host of other savvy women took to the catwalk.
“We are looking for role models, not models. This show has women who have worked hard to get where they are and are still aspiring to do big things,” Nana explained to Healthy Hollywood.
Nana, who is friends with the designer, is busy these days with her non-profit organization called The Meriwether Foundation. The foundations run health, education, nutrition, and empowerment programs in impoverished villages in southern Africa.
“I have been inspired all throughout my life to give back. The change I want to see in the world is to see that everyone is treated equally and has equal access to better health and a long life,” states Nana.
As a former beauty pageant contestant, she’s also concerned about young women and their sometimes harsh judgments of themselves.
“I think too often we compare ourselves to other girls and that can only eat you alive. It’s really important to start building yourself and not look to next person and be jealous or catty. It’s a hard lesson to learn. When I was competing in Miss USA it was really hard not to say ‘I want her hair’ or ‘I want her eyelashes’ or ‘I want her dress.’ But, it is the woman who is mentally strong and competent and ambitious that usually wins Miss USA (or other competitions),” reveals Nana.
While the 28-year-old has let go of her beauty pageants ambitions, she’s still very conscious of looking and feeling good inside and out.
“I do a lot of juicing and try to work out at least four times a week. Even if you have 10 minutes, go on a jog for 10 minutes and come back. It really does change your body and your outlook. You’re more awake, your energy is better. I’m a very big advocate of working out.”

Wall Street Market Report


US shares saw a mixed day of trading as fears over Ukraine receded but reports of modest increases in new hires failed to excite markets.
On Wall Street, the Dow Jones Industrial Average ended the day down 35 points, or 0.2%, at 16,360.
The broader S&P 500 index finished virtually unchanged at 1,873, while the tech-heavy Nasdaq closed six points higher at 4,357.
A survey from payroll processor ADP found US firms added 139,000 jobs in February, more than the 127,000 jobs in January but below expectations.
There was little company news about to drive the market. Walt Disney was among the risers on the Dow, up 1.2%, while Exxon Mobil was the biggest faller, down 2.8%.
The oil and gas company cut its petroleum output forecast from 4.8 million barrels per day to 4.3 million barrels per day in 2017 after snags in major projects.

Apple shares plunge after reporting flat earnings

Apple boss Tim Cook (l) cheered the firm's deal with China Mobile in Beijing
Shares in tech giant Apple fell close to 9% in after-hours trading after the firm reported flat profits of $13.1bn (£7.9bn) during the quarter ending 28 December.
While earnings beat expectations, sales guidance for the current quarter was lower than analysts expected.
Apple said it sold a record 51 million iPhones and 26 million iPads.
"We are really happy with our record iPhone and iPad sales," said Apple boss Tim Cook in a statement.
Apple said it expected revenue of between $42bn and $44bn for its second quarter of 2014, slightly less than analysts had forecast.
China scrutiny
Crucially for analysts, the firm said revenue rose by 29% in the greater China region, which includes China, Taiwan, and Hong Kong, compared to the same period last year.
On a conference call to discuss the earnings, Mr Cook said: "We really turned in a stellar quarter in greater China."
Apple announced a deal with the world's biggest mobile phone network, China Mobile, in December, and many investors had been closely watching the earnings for hints on the company's performance in the region.
Apple's phones have been available on China Mobile since 17 January.
"Last week was the best week for activations we've ever had in China," said Mr Cook, while noting that iPhones are only available on China Mobile in 16 cities at the moment.
By the end of the year, Apple hopes to expand its offerings to more than 300 cities.
Global woes
However, Apple said sales in the rest of the Asia-Pacific region fell 9%, and that profits were hurt by currency fluctuations, particularly with the Japanese yen.
Apple also reported a sales dip in the Americas as well.
This was partially due to stronger than expected sales of the more expensive iPhone 5S.
Apple executives said on the call that it took the firm some time to change its supply chain to provide the US market with more of those phones compared with the cheaper iPhone 5C, primarily aimed at Chinese consumers.
Apple also noted that some US carriers changed their upgrade policies, which hurt sales in the region, as consumers became more reluctant to upgrade aging iPhones.
Sales of iPods - Apple's once iconic music player - fell 52%.
"I think all of us have known for some time that iPod is a declining business," said Mr Cook.

Investor Carl Icahn abandons Apple share buyback effort

Apple said it had repurchased $14bn of its own shares in the past two weeks
Activist investor Carl Icahn has announced he sees "no reason to persist" in his attempt to force Apple to return more money to shareholders.
Mr Icahn had been demanding Apple buy back $50bn (£30.5bn) of its shares.
However, he said he was satisfied with the recent efforts of Apple's chief executive, Tim Cook, to return cash to investors.
Apple said it had repurchased $14bn of its stock in the two weeks since the firm reported disappointing earnings.
"As Tim Cook describes them, these recent actions taken by the company to repurchase shares have been both 'opportunistic' and 'aggressive' and we are supportive," said Mr Icahn in an open letter.
Mr Icahn's announcement comes a day after a shareholder advisory service, ISS, recommended that Apple shareholders should vote against Mr Icahn's plan.
ISS said that Apple had "returned the bulk of its US-generated cash to shareholders via aggressive stock buybacks and dividends payouts".
In light of this, ISS said Apple's board's "latitude should not be constricted by a shareholder resolution that would micromanage the company's capital allocation process".
Apple's board had been scheduled to vote on Mr Icahn's proposal on 28 February.

Russia and Ukraine in cyber 'stand-off'

Ukrainian security services have accused Russia of disrupting mobile networks
As diplomatic efforts are stepped up to ease tensions in Ukraine, security experts have warned that Kiev and Moscow are locked in a cyber stand-off.
Security forces in Ukraine have accused the Russian army of disrupting mobile communications.
Smaller-scale attacks have seen news websites and social media defaced with propaganda messages.
Cyber-attacks were utilised heavily during Russia's 2008 conflict with Georgia.
In that case, distributed denial of service attacks - known as DDoS - were used to overwhelm websites and servers in Georgia in the weeks leading up to the military action.
The Georgian government said Russia was behind the DDoS attacks, but the Kremlin denied this - stating that it was possible for anyone, inside or outside Russia, to launch such an attack.
Tampering
On Tuesday, Ukrainian authorities confirmed that communication networks had been targeted, the first significant disruption of technology.
"I confirm that an... attack is under way on mobile phones of members of the Ukrainian parliament for the second day in a row," Ukrainian security chief Valentyn Nalivaichenko told journalists.
"At the entrance to [telecoms firm] Ukrtelecom in Crimea, illegally and in violation of all commercial contracts, was installed equipment that blocks my phone as well as the phones of other deputies, regardless of their political affiliation."
In addition, Ukrtelecom said its premises were raided last week by armed men, and fibre optic cabling was tampered with, causing loss of service for some users.
Cyber-attacks were mounted on Georgian targets ahead of the 2008 conflict
Russian security services have not commented on whether they were behind either incident.
Security experts have speculated that Russia may be exercising restraint with its cyber-capabilities.
Marty Martin, a former senior operations officer with the US Central Intelligence Agency, said more extreme cyber-attacks may only take place if violence escalated.
"A lot of times you don't want to shut things down," he told Reuters.
"If you do that, then you don't get your flow of intelligence. You are probably better off monitoring it."
What we are unlikely to see, experts say, is cyber-attacks of the same scale as in 2007, when Estonia suffered a 10-day attack on its internet services, causing major disruptions to its financial system.
The attacks coincided with a disagreement between Estonia and Russia over the relocation of a Soviet war memorial.
Patriotic
While military action is visible and open to scrutiny from the international community, cyber-activity is considerably harder to track and attribute to a source.
Much of Ukraine and Russia's cyber-attack capability lies with criminal gangs, as well as so-called patriotic hackers willing to work for each country's respective cause.
"If the Russians are able to get their patriotic hackers to effectively participate in a war for them, it could be very effective," said Paul Rosenzweig, founder of Red Branch Consulting, and formerly of US homeland security.
"That's not even beginning to think about the Russian military's capabilities directly, which are also no doubt quite sophisticated, but we've never really seen deployed. The Russian military's capabilities are unclear."
Likewise, Ukraine can also draw on considerable expertise - provided it can be mobilised.
"They are very active and very effective as well," Mr Rosenzweig told the BBC.
"We sometimes mistake Ukrainian groups for Russian groups as they come from roughly similar IP addresses and things like that. The Ukrainians, being slightly more westernised in their nature have expertise based in other countries.
"It's a really effective outside group, a diaspora if you will, but we just don't know whether they will be motivated to fight or not."
Vandalised
Activity from these groups would probably focus on small-scale defacements and disruption, experts believe.
One Ukrainian hacktivist group - Cyber-Berkut - posted a list of 40 websites that it had vandalised since the dispute began.
It included the homepage of state-funded broadcaster Russia Today, which for a short time was altered so that the word "Russians" was replaced with "Nazis".
But Mr Rosenzweig was keen to stress that any perceived damage from these types of cyber-attacks is of little significance if on-the-ground military action is taken.
"We should not overemphasise the importance of cyber," he said.
"Tanks beat cyber-bullets."


Why Indians want to settle on Mars

The settlers will live in two units and additional domes will house food and other emergency supplies
"I want to meet aliens. I strongly feel that we are not alone in this universe. If possible, I would like to live on both Earth and Mars from time to time," says Amulya Nidhi Rastogi, an engineering student from the suburb of Gurgaon near the Indian capital, Delhi.
Mr Rastogi, 21, is one of 1,058 applicants shortlisted from some two million hopefuls globally for a one-way trip to Mars by Dutch non-profit organisation Mars One in 2024. It hopes to build a community of settlers on the planet.
They have cleared two rounds of a rigorous four-stage clearance process, at the end of which 24 people will be sent to the planet.
India has the largest number of applicants - 62 - after the US who have made it to the shortlist for the trip to the Red Planet.
Each potential settler will go through a seven-year training course - commencing in 2015 - which will help them adapt to the psychological and social aspects of living in a small society.
The Indian applicants are a mix of people: from students to private entrepreneurs to stock brokers to white-collar professionals.
'No marriage plans'
Take, for example, 24-year-old renewable energy professional Arindam Saha from the eastern city of Calcutta, who has put off marriage plans to make the trip.
"I doubt if any woman will marry a man who wants to go to Mars and settle there. That is why I didn't plan for marriage. I don't have a girlfriend, nor any desire for marriage," Mr Saha says.
Amulya Nidhi Rastogi says he want to meet aliens.
Others like Ashish Mehta, a 45-year-year stock broker from Mumbai, say they have planned their future to make the trip.
"I have been married for 20 years. My son is 19 and daughter 17. I have paid up my mortgage. I have saved around 50-60m rupees ($809,751-$971,701; £485,664-£582,797). And I think I have done enough for my family," he says.
"When I leave [for Mars] after 10 years, my son will be 29 and daughter 27 years old. By then, they would have certainly completed their studies and be married. I hope to see my granddaughter or grandson when I leave."
Though successful applicants will be trained for the journey to the Red Planet, it is not clear how will they survive on a planet which is extremely hostile to life.
Mars' atmosphere is very thin, extremely cold and what water remains is frozen or hidden underground. Radiation exposure is another concern. Then, there are questions about the funding and technology.
Scientists like Nobel physicist Professor Gerard Hooft wonders how the project will be funded as the selected candidates will not have to pay for the journey.
"I have no way to judge how they will get sufficient funds because it is an extremely expensive programme," he said.
But Mars One's co-founder Bas Lansdorp believes he can successfully land humans on Mars in 10 years.
He told the BBC he needed $6bn (£3.6bn) to launch his mission, and that he planned to raise it through high-profile donations and event broadcast rights.
"If the London Olympics could raise $4bn through broadcast rights and advertising revenue in a three-week fund raising effort, why can't Mars One do it?," he asks.
'Extraordinary'
"I see it more like event reporting just like people watch Olympic Games and see extraordinary people do extraordinary things. I think it would be very comparable to that kind of television," he adds.
Arindam Saha has put off marriage plans for the journey to Mars
Meanwhile, the applicants from India are optimistic and hopeful about human settlements on the Red Planet.
Vinod Kotiya, a manager with a state-run power company, said he wanted to "set an example" by going to Mars.
"I'm not going out of any fear that something will happen to Earth some day. I want to set an example. This is an opportunity of a lifetime and I want to grab it anyway," he said.



Tuesday, February 25, 2014

MacBook Pro BlowOut Sale, Next Macbook Pro

Low Prices on Apple MacBook Pros‎ Starting at $1170. Buy Now at PCM.
Users of Apple's OS X operating system are being warned to take care when browsing online as they wait for a solution to a security flaw.
A software update was released last week to owners of iPhones, iPads and iPods to protect users from "an attacker" who may "capture or modify data".
It was later discovered that the problem also existed on Apple laptops and desktop computers running OS X.
A security fix has not yet been issued.
The problem was first spotted on Apple's mobile devices which run the iOS 7 operating system. It relates to the way secure connections are made between Apple's safari browser and websites, including banking sites, Google and Facebook.
These sites have digital security certificates that allow an encrypted connection to be established between a user's computer and the website. This means any data that is sent over the connection should be secure.
Dropped the ball
However, a vulnerability in the code for Apple's iOS and OS X operating systems meant the security certificates were not being checked properly. This meant hackers could impersonate a website and capture the data that was being sent over the connection before letting it continue its journey to the real website.
Apple released a fix for mobile devices running iOS 7 last week but a spokesperson issued the following statement about OS X: "We are aware of this issue and already have a software fix that will be released very soon."
According to researchers the security flaw had existed for months but no-one had reported it publicly.
Graham Cluley, a security analyst, said it was a failing by the company that it had not been identified earlier.
"It's pretty bad what Apple have done, they've seriously dropped the ball. How much the problem has been exploited is hard to say. Hackers may now be trying to take advantage while users wait for the security fix."
He advised users to take care when using the web and consider using an alternative browser to Safari until the problem was fixed.
He also urged users of Apple's mobile devices to upgrade to the latest iOS version as soon as possible and for OS X users to keep their eyes open for a security update and to implement it as soon as it was available.

Personal Injury Lawyers Work Injury? - Aggressive Repre

Injured? Free Case Evaluation with a Local Lawyer. Call Now!
Personal injury cases are serious matters. They often involve grave injury, permanent disability, and even death. Victims depend on the personal injury lawyer to recover financial damages that are required to cover their medical treatments, replace permanently lost income, and compensate for their pain and suffering.
Without a qualified, experienced personal injury lawyer, their chances of receiving fair compensation plummet. That's why it's really important that, if you've been a victim of personal injury, you choose the right personal injury lawyer to represent you. Here are a few things to consider when making your selection:
Choose an attorney who specializes in personal injury
Your personal injury lawyer should be able to accurately assess the merits of a personal injury case, approximate its monetary value, and determine the best strategy for pursuing it. He or she should also have extensive experience in the field. Your personal injury lawyer should also who keep current with the latest developments in personal injury law.
Choose a personal injury lawyer experienced in dealing with insurance companies
Insurance company lawyers represent most personal injury case defendants. These corporate lawyers seek to pay out the least amount possible, so an inexperienced personal injury lawyer may be at a disadvantage in these negotiations. Therefore, choosing a personal injury lawyer with a proven track record of successful negotiations is essential.
Choose a personal injury lawyer with trial experience
Although most personal injury claims are settled out of court, personally injury lawyers sometimes obtain favorable settlements by threatening to take cases to trial. The defendants are often willing to pay out more money to the plaintiffs to avoid expensive trials, negative publicity, and the chance that a court would award the plaintiffs more money. In this case, experience is key: if your personal injury lawyer has never won cases in court, the defendant in your lawsuit may not take the threat of going to trial seriously.
Personal injury cases are brought about by physical injury or mental anguish caused by actions or negligence of another party.
Personal Injury cases can include Auto Accidents, Defamation of Character, Product Defects and Medical Malpractice to name just a few. In order to be sure if your personal injury case has validity in the eyes of the law, contact a legal professional in your state.

Sunday, February 23, 2014

Five biggest myths about auto insurance

No one likes to buy auto insurance. It’s complicated. It’s expensive. And who understands how the premiums are determined? Maybe that’s why there is so much misinformation about insurance coverage and pricing.
The non-profit Insurance Information Institute helped me tackle five common auto insurance myths:
Myth 1:  Red cars cost more to insure If you believe the owners of red cars drive more aggressively and get more speeding tickets, this would make sense. But there’s no data to back this up.
“Frankly, it doesn't matter whether the car is red or green or purple," said Loretta Worters, vice president of the Insurance Information Institute.
Insurers are not concerned about color and neither is law enforcement.
“We look at behavior, not appearance,” said Bob Calkins, a spokesman for the Washington State Patrol. “We don’t profile people, and we don’t profile cars.”
Insurance companies do care about the type of vehicle you drive, including the make, model, sticker price, engine size and year. Is it popular with thieves? Is it more costly to repair? Does it have a good safety record?
There does appear to be correlation between vehicle model and the likelihood of a traffic ticket. A recent study by Quality Planning (a San Francisco-based analytics company that works with auto insurers) found that drivers of flashy cars are often more aggressive and therefore a greater risk.
Based on this study, drivers of the Mercedes-Benz SL-Class convertible are four times more likely to be cited for a moving violation than the average driver. Quality Planning’s list of Top Ten “Spirited Vehicles” includes Toyota’s Camry Solara Coupe, Scion’s TC Coupe and the Hummer H2/H3 SUV.
Other factors that go into determining your premium: how many miles you drive each year, when you drive, where you drive and if you’ve had any previous accidents. These days your credit history is also considered. Insurance companies say their data show people with a good credit history are less likely to file a claim.
Myth 2:  Older drivers pay more for car insurance Life insurance goes up with age, but not necessarily auto insurance. In fact, it’s often just the opposite.
Many drivers who are 55 or older can get their rates reduced — by up to 10 percent for three years — if they successfully complete an accident prevention course.
“Insurance companies look at these mature driving courses and find them to be a good thing,” Loretta Worters told me. “It helps refresh an older driver and keeps them sharp and keeps them safer on the road.”
Check with your insurance agent to find defensive driving courses that are approved by your insurer. If you are retired or no longer working full time, see if you qualify for a discount based on driving less.
Myth 3:  Your insurance policy covers any damage to your car 
It doesn’t work that way. Liability insurance (required in some state) covers you if you hurt someone or damage their property. Comprehensive and collision coverage protect your vehicle. That is why this is always optional coverage. Note: It may be required by the lender if you have a lease or car loan.
If you want to fully protect your vehicle for all types of damage, you need to purchase both collision and comprehensive coverage. But many people with older cars sometimes drop these coverages in order to save money.
“If the vehicle is worth less than a thousand dollars or less than 10 times the insurance premium, purchasing this optional coverage may not be cost effective,” Worters said.
Myth 4: Soldiers pay more for insurance In fact, it’s just the opposite. Members of the military (no matter what branch) qualify for a discount on their auto insurance. In most cases, you’ll need to document your rank and how long you’ll be serving.
“Many insurers also provide discounts for former members of the military and their families,” Worters said. “So it’s a good thing for military families to look into.”
Myth 5: Your policy covers you if you drive the car for business Personal auto insurance does not protect you if you are self-employed and using your vehicle for business purposes.
A lot of young people who take pizza delivery jobs don’t know this, for example, so if you’re not an employee of the pizza restaurant, you’re not covered by the company’s insurance policy. If you have an accident while making a delivery and you’re on your own. Your personal insurance will most likely deny any claims.
Myth 5: Your policy covers you if you drive the car for business 
Personal auto insurance does not protect you if you are self-employed and using your vehicle for business purposes.

From Sheffield son to Silicon Valley multimillionaire

David Richards, multimillionaire chief executive of software company Wandisco, has come a long way from his humble north-of-England roots.
The 43-year-old presides over a company worth more than £298m ($491m), of which his 17% stake totals about £51m.
He lives in the San Francisco Bay Area, where he is in the process of building a new £2.4m home complete with its own vineyard.
His neighbours are fellow Silicon Valley technology millionaires.
It is not a bad state of affairs for the son - and grandson - of steelworkers from Sheffield.
'Long-haired yetis'
Born in 1970, Mr Richards says that from an early age he knew he didn't want to follow his father into the steel industry.
"I was determined to get out and manage my own future," he says.
Deciding against going to university, he took a job as a management trainee at Barclays Bank. It was an early, but rare, career mistake.
Mr Richards says: "It taught me that the one thing I definitely didn't want to do was become a manager in Barclays Bank."
Quickly realising the error of his ways, and following some advice from an old teacher, he signed up for a degree in computer science and business studies at the then Huddersfield Polytechnic.
"At first I [again] wondered what I'd done," he says, "because computer scientists seemed like long-haired yetis who never went out and never met girls. But I persevered."
Wandisco enables large companies to maintain working computer systems
After graduating in 1992, Mr Richards wanted big city opportunities, and so he moved to London to work for Druid, a rapidly growing software consultancy.
Offered the choice between a company car and stock options, the business-minded Mr Richards wisely chose the latter.
After Druid floated on the stock market, he found himself a near-millionaire, aged just 22.
"My first car was a C-Class Mercedes which I paid for in cash," he says. "I just thought this was the way life was meant to be."
Frosty encounter
Mr Richards then decided to set up his own consultancy, offering his expertise in business software.
"I could have gone to work for some very big companies, but I had the drive to set up my own firm instead," he says.
He found that his services were in high demand in the mid-1990s, as an ever growing number of companies installed software systems.
It was very lucrative work, but by then Mr Richards had big ambitions to move across the Atlantic.
"I wanted to get the US by hook or by crook," he says. "The internet was taking off and Silicon Valley beckoned. It was where it was all happening."
At that time Mr Richards also met his future wife, Jane, in a hotel bar in Bath. "She was a bit rude to me," he says, after a friend mistook her for a barmaid.
Despite the frosty nature of their first encounter, romance blossomed and she accompanied him to the US. They headed first to New York before settling in California.
'It was a travesty'
In 1998, and now based in Silicon Valley, Mr Richards launched a business software company called Insevo. He admits that he learnt a harsh lesson in how he funded it.
"I went to see some venture capitalists and managed to raise $25m [£15m] very quickly," he says. "This was just what you did at the time - it was the perceived wisdom, and I was a sheep."
But in business, access to easy money can lead to some poor investment decisions, as the approaching dotcom crash of 2000 was to make painfully evident.
In his view, venture capitalists looking for a quick profit imposed restrictive big business practices on Insevo, a rapidly growing start-up that should have remained nimble and flexible.
Ironically, his investors turned down an offer for the company worth "tens of millions of dollars", he says, before eventually selling up a few years after the crash for a lot less.
"It was a travesty," Mr Richards says, with some bitterness still evident.
'True genius'Mr Richards left to set up Librados - "freed men" in Spanish - with four other partners, vowing not to rely on venture capital again.
Within a year the company, which did much the same as Insevo, had 50 customers, and was then bought out for for $10m.
"We were like killers," says Mr Richards, recalling his company's rapid growth and high-energy work ethic.
Yet it was meeting a Silicon Valley-based IT expert called Yeturu Aahlad, which Mr Richards says changed his life.
"I knew a true genius when I saw one," says Mr Richards.
Dr Aahlad had devised a way of replicating and synchronising multiple computer databases in real-time, so that if one server crashed the whole system could still function. The discipline is called "wide area network distributed computing".