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Police kill hostage-taker at S.African hospital
Apr 27, 2012 07:03 EDT
Police snipers shot dead a 30-year-old man who had taken two women hostage inside a Durban hospital Friday, ending a nearly five-hour standoff, a spokesman said.
Insight: Bankers escape big penalties in FDIC failed bank cases
Feb 23, 2012 14:01 EST
WASHINGTON (Reuters) - Like many banks engulfed by the mortgage crisis, First National Bank of Nevada specialized in risky home loans that didn't require borrowers to prove their incomes. When the housing bubble burst, First National got crushed in 2008 under the weight of bad loans that it could no longer resell to investors.
Analysis: 2012 starts with bad weather signs for insurers
Jan 12, 2012 15:14 EST
BOSTON (Reuters) - Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in northern Europe. Sound familiar?
Catastrophe losses weigh on Loews
Oct 31, 2011 08:01 EDT
(Reuters) - Loews Corp <L.N>, run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial <CNA.N>.
Insurers escape Irene's wrath, economy does not
Aug 31, 2011 15:40 EDT
NEW YORK (Reuters) - Hurricane Irene may heap billions of dollars of extra costs on the already fragile U.S. economy, but insurance companies are likely to emerge relatively unscathed.
What Disasters Does Your Homeowners Policy Cover?
Aug 24, 2011 20:00 EDT
Advice on the types of home insurance coverage you should sign up for to ensure your protected during an earthquake or hurricane.. Advice on the types of home insurance coverage you should sign up for to ensure your protected during an earthquake or hurricane.
Threat of Irene exposes New York's vulnerability
Aug 24, 2011 16:55 EDT
NEW YORK (Reuters) - In the annals of natural disasters, it doesn't get much worse than a major hurricane directly striking New York City and Long Island.
Tropical Storm Don forms over Gulf of Mexico
Jul 27, 2011 19:58 EDT
HOUSTON (Reuters) - Tropical Storm Don, the first major Gulf of Mexico storm this year, formed over the southern part of the oil-rich basin on Wednesday on a track toward the Texas coast.
Insurance Coverage for Your College Student
Jul 24, 2011 20:00 EDT
Find out whether your homeowner's policy will cover your child's stuff while he is at school and what to do about car insurance while he's gone.. Find out whether your homeowner's policy will cover your child's stuff while he is at school and what to do about car insurance while he's gone.
Competition pushing rates down for cyberinsurance
Jul 20, 2011 16:35 EDT
NEW YORK (Reuters) - Rates for cybersecurity insurance edged lower in the last few months despite surging demand, as heavy competition brewed among insurers rushing into the market in search of the next profitable product, insurance brokers Marsh said on Wednesday.
Tornadoes and interest rates to hit insurers' results
Jul 18, 2011 16:51 EDT
NEW YORK/BANGALORE (Reuters) - It's a rough time to be an insurer, and investors looking at quarterly earnings will be focusing mostly on a single question: How long will the pain last.
Exclusive: Hacking blitz drives cyberinsurance demand
Jun 14, 2011 15:21 EDT
NEW YORK (Reuters) - The recent string of sensational hacker attacks is driving companies to seek "cyberinsurance" worth hundreds of millions of dollars, even though many policies can still leave them exposed to claims.
Hire a Contractor Who Measures Up
May 24, 2011 20:00 EDT
Insist on a license or you forfeit your legal and insurance protections.. Insist on a license or you forfeit your legal and insurance protections.
Protect Your Home and Finances Against Floods
May 08, 2011 20:00 EDT
Make sure you have flood coverage, and check into government programs that help residents in federally declared disaster areas cover uninsured losses.. Make sure you have flood coverage, and check into government programs that help residents in federally declared disaster areas cover uninsured losses.
Insuring wine goes down the hatch, not up in smoke
Apr 19, 2011 06:01 EDT
NEW YORK (Reuters Life!) - There's a growing market for insuring fine wine as even people who had never thought to insure their liquid assets, or don't even have a cellar, discover they have a valuable commodity.
What Does Homeowners Insurance Really Cover?
Apr 03, 2011 20:00 EDT
Consider buying special coverage for certain valuables.. Consider buying special coverage for certain valuables.
Special Report: Disasters show flaws in just-in-time production
Mar 21, 2011 14:19 EDT
TSUCHIURA, Japan/DETROIT/SAN FRANCISCO (Reuters) - Just over a week after the massive earthquake hit the sprawling Texas Instruments chip plant here, a gardener is reworking the Japanese garden in an inner courtyard of the office tower attached to the plant.
Travelers beats estimates, sees market picking up
Jan 25, 2011 09:54 EST
NEW YORK (Reuters) - Travelers Companies Inc <TRV.N> posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early signs businesses were finally willing to spend more on insurance.
Malone, Auburn defeat Georgia Southwestern 78-50
Nov 30, 2010 23:09 EST
Malone scores 17 as Auburn pulls away in 2nd half to beat Georgia Southwestern 78-50. Andre Malone scored 17 points and Rob Chubb 12 as Auburn lost one big early lead, then pulled away again for a 78-50 victory over Georgia Southwestern on Tuesday night.
Competition picks up in insurance for the rich
Nov 10, 2010 15:50 EST
NEW YORK (Reuters) - U.S. insurers are targeting the wealthy as one of the few client groups willing to pay higher rates and buy more policies, and competition to serve those people is increasing.
