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Insurers, property owners tally Sandy's damage

USA Today 31.10.2012
Insurers, property owners tally Sandy's damage

11:13PM EDT October 30. 2012 - Most people stay home from work during a hurricane, but for Ben Sykes, 31, Hurricane Sandy was a time to get moving. An insurance adjuster for State Farm, Sykes works on the company's team that handles large and complex claims.

PROPERTY INSURANCE RATES MIXED FOR 2013

Business clients looking to buy insurance in coming months can expect to see a mix of rising and falling commercial property/casualty rates in 2013, says a new report by Willis Group Holdings.

Allianz logos are pictured in front of the headquarter of German insurer Allianz AG in Munich (Alexandra Winkler Reuters, REUTERS / June 22, 2006)

MUNICH (Reuters) - Allianz , Europe's largest insurer, is taking advantage of banks' diminished appetite for lending against real estate by offering loans to boost its investment in property.

Why US Property Owners Should Assess Insurance Needs Regularly

Insurance is vital for owners of property, simply because housing is worth so much money. Recent statistics showed that six percent of homeowners make a claim in the space of just a year – 97 percent of which are related to property damage.

Insurers, property owners tally Sandy's damage

Most people stay home from work during a hurricane, but for Ben Sykes, 31, Hurricane Sandy was a time to get moving. An insurance adjuster for State Farm, Sykes works on the company's team that handles large and complex claims.

Is apartment insured after winding-up?

PROPERTY CLINIC: Q I am looking for some advice about a purchase of a property I made two years ago. It is an apartment in a block of three apartments; the other two are unoccupied at the moment and are only partly finished. This is in a mixed estate of apartments and houses where some are occupied and others are unfinished.

Voluntary property insurance accounts for almost one-third of Azerbaijani market

Some 30.85 percent of premiums of Azerbaijani insurance companies, or 62.161 million manat were collected on types of voluntary property insurance in January-July. Payments for these types amounted to 16.082 million manat, which is 32.51 percent of all insurance claims, the Ministry of Finance said.

Among expenses for Citizens interim president Thomas Grady were two nights at the Ritz-Carlton on Amelia Island for $259 a night. State Sen. Mike Fasano, who is a frequent critic of Citizens, called such expenses “uncon­scionable.’’

When Thomas Grady left another state job in March to become interim president of Citizens Property Insurance, he sent his staff a goodbye letter that urged:

Citizens Insurance discusses raising rates for Manatee policy holders Published: June 18, 2012

BRADENTON -- Some call it a ticking time bomb; others a product of necessity. No matter what Floridians think of Citizens Property Insurance Corp., they can't manage to stay away.






 
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