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Fall Has Arrived But Threat of Hurricanes Remains
September 27, 2010

... to replace your possessions and can help speed the claims process and substantiate losses for income tax purposes. To make ...


Winter Storms Can Prove Costly; Business Owners Need to Be Prepared With the Right Commercial ¾«¶«Ó°Òµ Coverage
March 4, 2014

... surpassing, the $2.6 billion in winter-related insurance claims generated nationwide in 2010, according to the ¾«¶«Ó°Òµ Information ... significant damage from downed trees and limbs, along with claims for wind- and snow-melt leakage. Significant auto damage due to cars ...


Thunderstorms Are Frequent Cause of Property Damage; Covered Under Standard Home and Business ¾«¶«Ó°Òµ Policies
March 4, 2014

... years, the insurance industry paid $30 billion in property claims for thunderstorms, the highest in U.S. history.   “The ...


Has Your Business Been Affected by Hurricane Sandy? Understanding Your ¾«¶«Ó°Òµ Can Help You Get Your Business Back in the Black
November 6, 2012

... 2012 — As business owners on the East Coast begin the claims filing process, following the devastation of Hurricane Sandy, a reminder ... breakdown, etc. Talk to your insurance agent, broker or claims adjuster about specific coverage that may exist.   If a ...


Insurers Have Remained Financially Strong During Turbulent Economic Times; Are Well-Prepared to Pay Claims This Hurricane Season
March 4, 2014

... well capitalized and financially prepared to pay the claims that may arise out of significant natural disasters in 2013, and ... insurers. Dr. Hartwig noted that the industry’s claims paying capital stood at a record $608 billion at the start of the second ...


Drivers Beware! Deer Season Creating Hazardous Road Conditions -- I.I.I. Offers Tips to Avoid Animal Related Crashes
October 21, 2003

... industry paid out roughly $1 billion in deer-related claims in 2002. The average cost per claim was $2,000, with costs varying ...


¾«¶«Ó°Òµ Vital to Rebuilding New York
September 14, 2001

... Following are the contact numbers for those with claims and questions about their insurance. ACE USA 1-888-873-6255 Customers, brokers and agents may continue to report claims in the normal course, including claims for the events of September 11. ...


Alma Reinforces Prediction of Stormy Hurricane Season For 2002: Now is The Time To Insure Your Home Or Business
May 31, 2002

... year, U.S. property/casualty insurers paid $24 billion in claims for insured-property damage, making 2001 the costliest year ever for ... of the extraordinary costs associated with paying these claims. According to the I.I.I., everyone living in hurricane-prone areas ...


Reforms Needed to Prepare for Major Catastrophes, ¾«¶«Ó°Òµ CEOs Tell Forum
March 4, 2014

... question is will they have enough cash when needed to pay claims? Edward M. Liddy, chairman, president and chief executive officer, ... emotional toll the 2005 catastrophes took on their teams of claims adjusters, calling them heroes. They described how some adjusters had ...


Nearly 86 Percent Of Florida Hurricane Claims Closed By Year-End
March 4, 2014

... Remain, Progress is Steady in Settling Historic Number of Claims; Insurers Continue to Receive About 8,000 New Claims Each Week Pace of Claims Settlement Far Exceeds Record of ...