Top 10 for the Past Week 1. | Claims Execs See Need to Modernize Claims Systems: Survey Nov 16, 2012 -- A large majority (85 percent) of claims executives at property/casualty insurance companies see their claims systems as lacking the flexibility and modernity needed to address consumers' evolving needs, according to an Accenture survey of U.S. ... | 2. | After Sandy, Do You Still Want a Beach House? Nov 15, 2012 -- The scenes rolling in from the New Jersey shore are devastating, and not just to the people whose homes were destroyed. Also damaged are the "retire with a water view" dreams of others who had aspired to vacation property and may have been thinking ... | 3. | Business Losses From Sandy Expected to Grow Nov 15, 2012 -- According to the latest estimates, Superstorm Sandy could cost insurers up to $20 billion in insured losses and up to $50 billion in economic losses. Tom Teixeira, a practice leader in Willis Global Solutions, said the numbers are not surprising. ... | 4. | Hurricane Sandy Damages Over 65,000 Recreational Boats Nov 14, 2012 -- Over 65,000 recreational boats were damaged or lost as a result of Hurricane Sandy, according to the Boat Owner's Association of the United States (BoatUS), resulting in damage estimated around $650 million, making the late October storm the ... | 5. | Ohio Woman Who Drove on Sidewalk Holds 'Idiot' Sign Nov 14, 2012 -- An Ohio woman caught on camera driving on a sidewalk to pass a Cleveland school bus that was unloading children stood in the cold Tuesday at an intersection holding a sign warning people about idiots. A Cleveland Municipal Court judge ordered ... | 6. | Steps Ordered to Hold Down Risk at Louisiana Sinkhole Nov 14, 2012 -- The state has ordered new steps to minimize risk of exposure to natural gas under property where a large sinkhole formed in August in Assumption Parish. The Louisiana Office of Conservation on Monday issued the new round of directives to Texas Brine ... | 7. | Sears Moldy Washer Suit Can Proceed as a Class Action Nov 14, 2012 -- Customers suing Sears, Roebuck and Co over alleged mold defects in their Kenmore-brand washing machines can bring their claims as a class action, a federal appeals court ruled on Tuesday. The 7th U.S. Circuit Court of Appeals, in Chicago, found that ... | 8. | State Farm Ranks Top States for Thanksgiving Cooking Fire Claims Nov 14, 2012 -- According to State Farm claims data, more cooking fires occur on Thanksgiving than any other day of the year. In fact, grease and cooking-related claims more than double on Thanksgiving Day compared to an average day in November. With the popularity ... | 9. | Willis Re Damage Survey Identifies Sandy's Storm Surge Impact on Buildings Nov 13, 2012 -- Damage from storm surge and flooding caused by Superstorm Sandy is widespread and extensive, but there is only minor damage to buildings from direct wind, according to a report released by Willis Re, the reinsurance arm of Willis Group Holdings, the ... | 10. | AIG Returns Core Insurance Operations to AIG Brand Nov 13, 2012 -- American International Group Inc. said it will now use AIG as the name for all of its global property/casualty operations, including Chartis, in most locations, and that the company's life and retirement segment is now AIG Life and Retirement. As ... | Popular Videos | |
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