| 1. | Allstate Says Book Value to Rise on Cut in Employees’ Retirement Benefits
Jul 16, 2013 -- Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it's cutting some retirement benefits for employees in a move that will increase book value by a range of $1.70 to $2 a share. The ...
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| 2. | 'SharkNado' Impact on Los Angeles $100B!
Jul 12, 2013 -- It was a doozy. Flying, biting killer sharks literally whipped into a frenzy by freak tornadoes wreaked havoc on Los Angelenos. The catastrophe played out on the Syfy Channel on Thursday night, lighting up Twitter as ...
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| 3. | Number of Hail Damage Insurance Claims Up 84% Since 2010
Jul 18, 2013 -- Insurance claims resulting from hail storm damage increased 84 percent in 2012 from their 2010 level, according to the National Insurance Crime Bureau. In 2010, there were 467,602 hail damage claims filed. That number ...
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| 4. | Administration Says Obamacare to Lower Insurance Premiums More Than Forecast
Jul 18, 2013 -- Hoping to gain the high ground in an escalating war of words over Obamacare, the U.S. administration on Thursday forecast sharply lower than expected insurance costs for consumers and small businesses in new online ...
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| 5. | Allstate Selling Life Business to London Group
Jul 18, 2013 -- Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 million pounds). ...
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| 6. | Fast-Growing Craft Brewers Slow to Adopt Workplace Safety
Jul 15, 2013 -- Welder Mark Moynihan crawled down a narrow tube into a space the size of a car interior to seal the crack in the fermentation tank at Calhoun's Bar-B-Q & Brewery in Knoxville, Tennessee. The space was oversaturated ...
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| 7. | The Ins and Outs of Errors and Omissions Insurance
Jul 19, 2004 -- Almost all agents have clients with errors and omissions (E&O) exposure and the most difficult job the agent may have is convincing the client that they have the exposure. After 20 years of selling E&O/EPL/D&O ...
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| 8. | Companies Must Disclose CEO-to-Worker Pay Ratios Under SEC Proposal
Jul 19, 2013 -- Public companies would be required to disclose how much more their chief executives are paid than rank-and-file workers under a rule to be proposed next month by U.S. securities regulators, according to two people ...
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| 9. | Insurers, Republicans Part Ways Over Global Warming
Jul 19, 2013 -- The U.S. insurance industry told Senators that a surge in weather-related catastrophes has forced billions of dollars in payouts, offering an assessment at odds with Republicans who have expressed doubt about global ...
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| 10. | How Casualty Actuaries Help Insurers Manage Nanotech, Other Emerging Risks
Jul 16, 2013 -- Casualty actuaries can help insurers meet the demand for new products by identifying, analyzing and pricing new risks, according to two speakers at the srping meeting of the Casualty Actuarial Society. Since the ...
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