Can you feel it in your bum knee? There's gonna be weather. Tornado season and hurricane season are upon us, and if you're paranoid that an act of God is going to wipe you out, you should probably consider getting natural disaster insurance. Hurricanes could plow over your city. A tornado could ravage a nearby [...]
So I live in Granada Hills and I know my community was virtually made famous worldwide in January of 1994 when the “Northridge” earthquake caused more property damage than any other seismic event in the United States. but my home is 40 years old and it’s gone through the Sylmar quake in 1971 and the [...]
TAKING THE PULSE: the mild winter was kind to U.S. property-casualty insurers in the first quarter, giving the sector a respite after a long string of natural catastrophes that caused over $100 billion in insured losses worldwide last year. Midwest tornadoes struck earlier than usual this year, but didn’t exact too costly a toll. the [...]
Ahead of its annual meeting this weekend, Berkshire Hathaway released results for the first quarter of 2012 that were much stronger than the results the firm reported in the year-ago period. For those that may not recall, Berkshire’s insurance operations were negatively affected during the first quarter of 2011, with the firm booking an [...]
Earthquake insurance is typically not covered in standard insurance whether you own a house, rent, or sublet property. Learning what this policy covers when searching for this type of insurance can save money in the long run when buying insurance to meet the needs of the property area. Earthquakes are natural events that occur in [...]
DALLAS, April 23, 2012 /PRNewswire via COMTEX/ –Texas Instruments Incorporated (TI) /quotes/zigman/7971332/quotes/nls/txn TXN +0.69% today announced first-quarter revenue of $3.12 billion, net income of $265 million and earnings per share of 22 cents. EPS includes 10 cents of charges associated with the company’s acquisition of National Semiconductor and restructuring. “As we expected, our business cycle [...]
Everyone with a brick home knows how annoying and unsightly it is to have structural damage on the brick foundation. this type of damage is dangerous to your home, as well as expensive to repair. it is very important to call a professional to fix the damage as soon as you notice any problem. Waiting [...]
Insuring your Video Production Business Part I: What types of Coverage will you need?–Equipment CoverageRental equipmentYour own equipment–a Crash Course in Liability coverage–Watch out for Exclusions–Workmen’s Compensation–Types of Coverage for Photographers and VideographersPart II: How to Boost your Homeowners Policy to Cover your BusinessStart with your present policiesAdd a riderAdd a floaterPurchase a home/office combination [...]
If you’re driving around without car insurance you are probably breaking the law and certainly tempting fate. Here’s why you should get it as soon as possible. All states have some sort of financial responsibility law that requires owners of vehicles to provide proof that they are financially responsible for injuries and damages their vehicle [...]
Everyone’s favorite place to be is home, it is everyone’s dream to own their own house at some point. After purchasing a house, we spend so much decorating, furnishing, painting and repairing it. no homeowner wants to see all of this burn to the ground or float away in a flood without any hopes of [...]
Einstein once said The important thing is not to stop questioning. Curiosity has its own reason for existing. It turns out that he was right. in every area of your life, the more questions you ask, the more you’ll learn about the world and the way it works and subsequently, the greater your chances for [...]
TAMLYN STEWART There are signs Canterbury’s economy may be on the mend with a recovery in some sectors, according to the New Zealand Institute of Economic Research’s latest report on the region. the report said although a broad-based recovery had not yet begun in earnest, job losses in the region had stopped and the outflow [...]
Lloyd's of London has reported a big loss for 2011, which proved to be the second-costliest year ever in terms of natural catastrophe claims for the global insurance industry. Lloyd's, a society of corporate underwriters and wealthy individuals that make insurance transactions through 88 syndicates, said it lost STG516 million ($A791 million) on net claims [...]
The city of Christchurch in new Zealand has endured nine long months of earthquakes since the first shake which hit the city on September 4 2010. in fact it is thought that events in Christchurch fly in the face of conventional wisdom where earthquakes are concerned. whilst aftershocks are to be expected and plenty of [...]
In 1976 Margaret Elliot Murdock was interviewed about her father and her San Francisco and UC, B early days. I gleaned herstory from her responses. Part 1 was mainly about her San Francisco childhood. Part 2 (last week’s column) took her to Berkeley and the University, and this week, Part 3 to the Sather Tower [...]
Some insurers feel that earthquake insurance pricing in Chile remains inadequate even though pricing has improved following the magnitude-8.8 earthquake in February, Greg Reisner, senior financial analyst at ratings agency AM Best, told BNamericas. “We have sat across the table from insurance industry executives and this is what they have told us,” he said. Catastrophe [...]
Obama urges N. Korea to 'have the courage to pursue peace;' wants further cuts in US arsenal SEOUL, South Korea (AP) – President Barack Obama is warning North Korea and Iran that their options are few and their friends fewer as those nations refuse to back down from actions the world sees as menacing. “By [...]
November 2011 is a month that will live in infamy. As you know, Oklahoma was rocked by a 4.6-magnitude earthquake Saturday morning, a 5.6 Saturday evening and another 4.something last night. the damage so far, incalculable. the lives lost, irreplaceable. if anyone needs to talk, I’m available. Anyway, all this earthquake talk got me thinking [...]
If you live in an area prone to fault damage you’re all too familiar with the havoc and destruction that an earthquake can cause to your home. Finding cheap homeowner’s insurance when you live on a fault line can be difficult, however. Most insurance companies could refurbish their lobbies in gold plating with their profits [...]
M&a Drivers Going Forward Guy Carpenter sees several potential merger and acquisitions (M&A) drivers in 2012 and beyond: Market Cycle – the high catastrophe losses of 2011 have begun to place pressure on some (re)insurers. should additional weather and seismic activity continue at the same rate during 2012, the tipping point from an industry earnings [...]
