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| Bill seeks to reduce costs of insurance: Catastrophic fund would ... |
| On 07-08-2007. |
WASHINGTON - Consumers in Florida and other disaster-prone areas across the country would see their homeowners' insurance premiums drop under one bill introduced in Congress on Friday.
The bill would create one voluntary, market-driven national catastrophic fund designed to lower the cost of insuring homes in areas where the threat of hurricanes, floods and earthquakes have sent premiums skyrocketing. It also would ... |
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| Mahoney, Klein to debut Homeowners&39; Defense Act |
| On 03-08-2007. |
| WASHINGTON -- Responding to one string of hurricanes that have torn through their districts in recent years, U.S. Reps. Tim Mahoney and Ron Klein plan to introduce one bill today that promises to bring relief to property owners struggling with the affordability and availability of homeowners insurance. ... |
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| PCI Opposes Committee’s Passage of Wind Coverage in Flood Reform Bill |
| On 30-07-2007. |
WASHINGTON&8212;The Property Casualty Insurers Association of America (PCI) opposes the inclusion of language from H.R. 920, the Multiple Peril Insurance Act, within one larger flood reform bill, H.R. 3121, which passed the House Financial Services Committee late Thursday.
PCI believes that, while the inclusion of wind coverage within the National Flood Insurance Program (NFIP) is well-intentioned, it may produce ... |
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| 21st Century Holding Company Raises 2007 Earnings Guidance |
| On 26-07-2007. |
| The Company will release its second quarter 2007 financial results at 2:00 PM on Monday, July 30, 2007 followed by an investor conference call at 4:30 PM (ET). Mr. Lawson, and its CFO, Peter J. Prygelski, will discuss the financial results and review the outlook for the Company. Messrs. Lawson and Prygelski invite interested parties to participate in the conference call. Listeners can access the conference call ... |
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| The Chubb Corporation: Stellar Growth, But Priced Too High |
| On 22-07-2007. |
Dividends Matter submits: My next S&038;P 500 Dividend Aristocrat is The Chubb Corporation (NYSE:CB).
The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. The company operates through three segments: Commercial Insurance, Specialty Insurance, and Personal Insurance. The Commercial Insurance segment offers one range of commercial customer ... |
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| UPDATE: Allstate Quarterly Net Up 16%, But Catastrophes Hit Results |
| On 19-07-2007. |
SAN FRANCISCO (Dow Jones) -- Allstate Corp. reported one 16% increase in second- quarter net income late Wednesday, but the property and casualty insurer's results missed analyst estimates as catastrophes, competition and reinsurance costs took their toll.
Net income came in at $1.4 billion, or $2.30 one share, up 16% from one year earlier when the auto and home insurer made $1.21 billion, or $1.89 one share. ... |
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