Biggest insurer sees silver lining in Florida
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Maurice &quot;Hank&quot; Greenberg, chairman of American International Group, the world&#39;s largest insurer, said hurricane losses in Florida may stop a decline in property insurance rates.
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The bond insurer is raising $1 billion in an effort to stay afloat.
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With insurance claim projections from Hurricane Charley climbing above $11 billion, some in the building industry believe the hurricane standards in the uniform Florida Building Code may
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Florida home manufacturer feels the pinch and decides to stay the course.
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As owner of a beachfront home in Hernando County, Cheryl Labbe has gotten used to rising rates for her homeowners&#39; insurance. During Florida&#39;s four-hurricane barrage, letters
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Though high winds and flooding generated billions of dollars in damage in Florida, Hurricane Frances is expected to be less costly for insurers than feared, analysts and industry officials said on Monday.
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Insurers benefit from a quiet hurricane season.
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MIAMI - Hurricane Charley probably will not cause Floridians' insurance premiums to skyrocket like 1992's Andrew, and fewer insurers should go bankrupt from paying out damages expected to reach the billions of dollars, state and industry officials said Saturday.    They say previous premium increases and overhauls made because of Andrew, the most expensive natural disaster in U.S...
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Insurance salesmen are used to having a reputation for probity and trustworthiness roughly on a par with second-hand car dealers. That&#39;s beginning to look like the good old days, since America&#39;s leading brokers
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A new insurance field shows signs of growing along with familial  feelings for animals.
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It appears competition is starting to heat up in this insurance sector.
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TALLAHASSEE, Florida  - Florida Gov. Charlie Crist on Tuesday froze property insurance rates and blocked insurers from canceling policies as the state prepares for another hurricane season and insurance reforms kick in.
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Property insurers are increasingly   attractive to investors as the hurricane season passes its   midpoint and forecasters lower expectations about the storms   they think will hit the United States this year.
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Switzerland's insurance industry is bracing itself for multimillion-dollar claims as a result of hurricane damage in the United States.
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Insurers are braced to pay out about  $7 billion in claims for devastation caused by Hurricane  Charley, making the storm the second most costly after  Hurricane Andrew, industry and government officials said on  Monday.
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As Florida attempts to recover from an estimated $15 billion in damages left by Hurricane Charley, tax-exempt debt issuance from the state is likely to increase so Florida can replenish its Hurricane Catastrophe ...
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Don&#39;t write off Florida as a place to escape this winter. So say tourism officials, who worry that images of destruction in the wake of Hurricane Charley could scare away visitors and jeopardize the state&#39;s $51 billion-a-year ...