Friday, October 14, 2005

Insurance News 10/14/2005

Flood insurance doesn't apply to all damage

Q. Last year, you wrote several articles about the requirements of flood insurance. I own a building that is not in a flood classification that requires me to have flood insurance. With the constant hurricanes, tropical storms and flooding, I am considering purchasing this type of insurance. Considering the change in weather, have you received any additional information about this topic since you

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John B. Widdup, 86, farmer and insurance broker

John Brampton Widdup, a retired Ellicott City farmer and insurance broker, died of heart disease Sunday at his Chestertown home. He was 86.

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Enterprise Financial will buy life insurance wholesaler

Enterprise Financial Services Corp. will buy a life insurance wholesaler, putting the fast-growing Clayton company into a new line of business.

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CHINA'S LIFE INSURANCE SECTOR SHOULD TAP RURAL AREAS: MCKINSEY

Agribusiness To strengthen China's emerging life insurance sector the country should make more effort to exploit the huge potential in vast rural regions, suggested a report from McKinsey & Company.

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China's Life Insurance Sector Should Tap Rural Areas: McKinsey

To strengthen China's emerging life insurance sector the country should make more effort to exploit the huge potential in vast rural regions, suggested a report from McKinsey & Company.

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Calif. Commissioner Praises Signing of New Low-Cost Auto Insurance Program

California Insurance Commissioner John Garamendi announced Wednesday that SB 20, designed to expand the geographic availability of the California Low Cost Automobile Insurance Program, has been signed

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County’s health insurance cost rises

Health insurance costs are estimated to rise 15 percent for Luzerne County government workers in 2006. Though it’s not good news, county officials think the scenario would have been much worse if they hadn’t switched to self-insurance in 2004.

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Terrorism insurance law to end

T. J. Derella owns an insurance agency in Kingston.

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Insurance payout on Armenian deaths

Axa, the French insurance group, is to pay $17m to compensate the descendants of victims of the Armenian killings of 1915. The agreement follows a lengthy class action suit pursued by Armenian groups in the US state of California.

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Providing car insurance in English

Insurance can be complicated business in any language, but for many expats who don't speak Japanese, negotiating insurance contracts can be a headache.

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