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... light鈥攁t $1.3 billion, according to ISO鈥檚 Property Claims Service. This sum is a pittance compared with the record $62 billion in ... share of these losses. Profits: The Key to Rebuilding Claims-Paying Capacity and Reinvestment in the Industry Continued strong ...
... I.I.I. Study Shows Dog Bite Claims Rising to More Than $350 Million Annually INSURANCE ... account for one-third of all homeowners insurance liability claims, costing $356.2 million in 2007, up 10.5 percent from the previous year, ...
... giving insurers an opportunity to build capital to pay claims resulting from major storms. Many smaller insurers were challenged to ... insurance regulators to have enough money set aside to pay claims. Private insurance companies must have money on hand in advance of ...
... save money because they reduce the likelihood of insurance claims. If you plan to add a family dog, check with your insurer before ...
... that insurers today continue to sell and renew policies, pay claims and develop new products to protect people鈥檚 property, businesses and ... do not borrow to make investments. Nor do they borrow to pay claims. So, even when some investments perform poorly, the effect is not ...
... Many insurers have used the opportunity to restore their claims paying resources and to reinvest in the future of the industry. Another ... bolster the industry鈥檚 policyholder surplus鈥攁 measure of claims paying capacity, or capital鈥攑roviding an additional buffer against the ...
... State Farm 庐 found there were more than 186,000 lightning claims in 2011, down nearly 13 percent from 2010. The I.I.I. puts the average ... 93 percent from 2004-2011, even as the actual number of paid claims fell by over 33 percent over the seven-year period. This decline may be ...
... of 52 percent. Profits: The Key to Rebuilding Claims Paying Capacity and Reinvestment in the Industry Increased ... the industry鈥檚 policyholder surplus鈥攁 measure of claims paying capacity or capital鈥攁nd will provide an additional buffer ...
... Insurers Working with FEMA Officials to Adjust Flood Claims INSURANCE INFORMATION INSTITUTE Contact: Press Offices ... 24, 2008 - Thousands of insurance adjusters are processing claims in areas accessible to them in Texas, Louisiana and other states ...
... insurers have the financial resources necessary to cover claims even if this year鈥檚 hurricane season is as bad as the experts ... as of March 31, 2011, insurers had $1.3 trillion to pay claims and meet other contingencies. Nonetheless, the devastatingly deadly EF5 ...