| 1. | Clothes Dryer Fires Cost $35 Million a Year
Aug 20, 2012 -- An estimated 2,900 clothes dryer fires in residential buildings are reported to U.S. fire departments each year and cause an estimated $35 million in property losses, according to a new government report. The report by ...
  
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| 2. | Progressive Reaches Settlement in Auto Claim Case Amid Online Protest
Aug 17, 2012 -- Progressive Corp. announced Thursday it reached a settlement with the family of Kaitlynn Fisher -- a Progressive policyholder who died in an auto accident when her car was struck by an under-insured driver in Baltimore ...
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| 3. | Woman Sues Dallas Cowboys, Claims Bench Burned Buttocks
Aug 23, 2012 -- A Texas woman is suing the Dallas Cowboys and owner Jerry Jones, saying her buttocks was severely burned when she sat on a bench outside Cowboys Stadium. In a lawsuit filed recently in Tarrant Count, Jennelle Carrillo ...
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| 4. | UPDATE: TS Isaac on Track to Hit Florida; Strengthening Expected
Aug 23, 2012 -- The most recent update from the National Hurricane Center in Miami (5:00 a.m. AST) located the center of tropical storm Isaac southwest of Puerto Rico. The NHC said the storm is "moving toward the west near 12 mph, 19 ...
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| 5. | Mississippi Woman Alleged to Be Habitual ‘Slip and Fall’ Claimant
Aug 21, 2012 -- A Southaven, Mississippi woman has been arrested for fraud and charged as a habitual offender. Authorities accuse her of faking a fall at the Ramada Inn in Horn Lake to collect insurance money. The Mississippi attorney ...
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| 6. | USI to Acquire TD Bank’s U.S. Insurance Subsidiary
Aug 23, 2012 -- USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., has agreed to acquire TD Insurance Inc., a wholly-owned U.S. subsidiary of TD Bank, N.A. The terms of the deal were not ...
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| 7. | Historical U.S. Hurricanes: What If They Struck Today?
Aug 21, 2012 -- There have been 28 storms in U.S. history since 1900 which if they were happen today would each cause $10 billion or more in insured losses. Hurricane Andrew, which struck Florida 20 years ago this week, would be three ...
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| 8. | Travelers Sues NFL Over Ex-Players’ Brain Injury Lawsuits
Aug 22, 2012 -- Several subsidiaries of Travelers Companies Inc. sued the National Football League and a host of other insurers, seeking to avoid paying to defend the league against a wave of brain injury-related claims by thousands of ...
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| 9. | 'Hole-in-Won' Golf Tourney Insurer Charged With Not Paying Up
Aug 24, 2012 -- A Connecticut businessman who specializes in insurance for golf tournament hole-in-one prizes has been charged in Washington with multiple felonies after repeatedly failing to pay up. Kevin Kolenda, of Norwalk, Conn., ...
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| 10. | Hard Market Generates New E&O Challenges for Insurance Agents
Aug 22, 2012 -- The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just ...
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