| 1. | Travelers Q1 Profit Up 11% to $896M; CEO Says ‘We Will Keep Going’ on Rate Hikes
Apr 24, 2013 -- The Travelers Companies Inc. on Tuesday reported $896 million net income for its 2013 first quarter, an increase of 11 percent compared to $806 million income reported during the first quarter of 2012. Travelers said ...
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| 2. | Defining Terrorism for Policies Not a Simple Task After Boston Tragedy
Apr 25, 2013 -- There are a number of issues involved in determining whether the Boston bombings tragedy would be considered a terrorist act for insurance purposes such as determining the applicability of terrorism exclusions and ...
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| 3. | Top 10 States for Hail Claims: State Farm
Apr 17, 2013 -- Damage caused by wind and hail cost State Farm and its policyholders more than $3.9 billion in 2012. According to State Farm, the states with the most wind/hail losses include: Texas—47,000 claims Illinois—41,000 ...
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| 4. | How to Grow Your Agency by Asking and Answering the Right Questions
Apr 26, 2013 -- One of the "secrets" to building an agency, or any business for that matter, is to ask introspective questions and to answer them thoughtfully. For an operation that sells contractual promises, written by others, ...
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| 5. | What Young Agents Say About Their Career Choice
Apr 23, 2013 -- The road to becoming a successful independent insurance agent is not always easy. The economy and often volatile property/casualty insurance market cycle are just two of the potholes agents must maneuver. Young agents ...
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| 6. | The Risks of Insuring the Cloud
Apr 24, 2013 -- Hollywood would have us believe that some smart, awkward computer guy in his 30s living in his mother's basement is to blame. Surrounded by a dozen computer screens with an IQ of 150, this cyber character enjoys ...
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| 7. | West Explosion Insured Losses Hit $100M
Apr 24, 2013 -- "Daddy, are we dead?" Those were the first words from 9-year-old Kaden Anderson after an explosion ripped apart the fertilizer plant in West on April 17. Kaden was riding with his father Bryan who had driven over to ...
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| 8. | Most Americans Say Flood Insurance is Important But Don’t Buy It: Survey
Apr 25, 2013 -- More than four in five Americans (81 percent) know that a standard homeowner's insurance policy doesn't cover flood damage, but even so the vast majority of homeowners do not purchase flood insurance. A 2012 poll by ...
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| 9. | Zuraitis Resigns As President of The Hanover's P/C Cos.
Apr 26, 2013 -- Marita Zuraitis, a member of The Hanover Insurance Group's executive leadership team and president of its property/casualty companies, is resigning to become president and chief executive officer of Horace Mann ...
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| 10. | Michigan Man Says Insurance Won’t Cover Bullet Damage from Shootout
Apr 26, 2013 -- A northern Lower Michigan man is upset insurance doesn't cover the damage done to his mobile home during a neighbor's shootout with police. Lance Reed tells the Traverse City Record-Eagle he's already spent $1,500 on ...
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