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07 Sep 2004 10:31 AM
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Allstate and others to suffer less damage:
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U.S. insurance companies, such as Allstate Corp., Ace Ltd. and others will suffer claim losses, which will not exceed $6 billion as compared with the expected sum up to $10 billion, storm modelers say.
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07 Sep 2004 04:17 AM
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Florida life restarts after Frances:
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U.S. fourth-largest state Florida with its more than 17 million people now sees the reopening of a business of the majority of retailers and services as tropical storm Frances has already eased.
The largest
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07 Sep 2004 03:15 AM
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Frances damage accounts for $3-$6 billion:
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The expected losses from Hurricane Frances hit Florida lessened almost twofold, calming the insurance companies.
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06 Sep 2004 06:09 AM
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Frances losses can up to $10 billion:
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Damage claims from Hurricane Frances that hit Florida can reach $10 billion, specialists say.
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03 Sep 2004 09:41 AM
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CDHP as alternative to other plans:
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Consumer-driven health plans (CDHP) can lead to the undesirable selection when used like an alternative to traditional plans, specialists say.
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03 Sep 2004 05:20 AM
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Tropical storm Gaston declared as a catastrophe:
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The Property Claim Services unit of Insurance Services Office Inc. declared tropical storm Gaston to be a real catastrophe after the recent Charley.
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01 Sep 2004 03:03 AM
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Insurers make donations after Charley:
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Insurance companies continue to assess losses as the second-largest hurricane Charley hit Florida making damage of hundreds of millions dollars.
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31 Aug 2004 08:23 AM
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Prudential plans to expand in the U.S. and China:
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The UK No.2 insurer Prudential Plc intends to spread business in the U.S. and China, its Chief Executive Jonathan Bloomer said recently.
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30 Aug 2004 10:09 AM
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Americans ignore health insurance:
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The number of the U.S. citizens having no health insurance grew in 2003, specialists say.
15.6% of the U.S. population had no health insurance in 2003. It is slightly more than 15.2% in 2002, the U.S. Bureau of
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30 Aug 2004 07:16 AM
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Mercer expects health care plan to lift softer:
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Mercer Human Resource Consulting research showed expectations for group health care plan cost increases to add 9.6% as soon as next year.
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27 Aug 2004 02:15 AM
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Companies buy terrorism insurance:
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Due to Marsh Inc. survey the number of companies buying terrorism coverage lifted in the second quarter of 2004. Most of them were the companies with total insured property between $500 million and $1 billion.
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26 Aug 2004 04:04 AM
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Swiss Re first-half profit rose on strong investment results:
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Swiss Re, the world’s second biggest reinsurer, said first-half profit more than doubled as catastrophe claims declined and investment returns improved.
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25 Aug 2004 11:20 AM
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Aetna buys Strategic Resource:
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An administrator of group benefit products for part-time and hourly workers Strategic Resource Co. can be bought by Aetna Inc. for $250 million. Time of the transaction is approximately in the fourth quarter.
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20 Aug 2004 03:18 AM
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ZFS expects $150 million losses from Charley:
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Zurich Financial Services (ZFS) expects up to $150 million losses in net reinsurance caused by the second largest hurricane to hit U.S. in recent years Charley. Even expected costs did not decrease investors’ interest for it.
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19 Aug 2004 04:29 AM
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Insurers will pay $7.4 billion for Charley:
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The sum to cover losses from Hurricane Charley will probably reach $7.4 billion. Insurers say after Andrew in 1992 this is the second most expensive hurricane in the U.S. history.
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