It pays to play the insurance game
- Construction is the thing. Mangan, Joseph F. // Insurance Advocate;09/07/96, Vol. 107 Issue 35, p12
Comments on the lack of fairness in the setting of fire insurance rates in the United States. Need to redraw the line between non-combustible nd fire resistance construction; Qualifications for fire-resistive construction; Implications for loss severity.
- Losses spread with fires. Wojcik, Joanne // Business Insurance;11/15/93, Vol. 27 Issue 47, p1
Reports on the losses to be borne by property insurers from the arson-set brushfires in Malibu and Altadena, California. Estimated total damage; Classification of the fires by the Property Claim Services division of the American Insurance Services Group Inc.; Replenishment of the...
- If the fire was `friendly,' you may not be covered. Weaver, Peter // Nation's Business;Sep92, Vol. 80 Issue 9, p76
Advises homeowners that possessions lost in `friendly' fire may not be covered in their insurance policies. Defining `friendly' fire; Avoiding risks by purchasing all-risk coverage for valuable items.
- California fire claims to top $700 million. Haggerty, Alfred G. // National Underwriter / Property & Casualty Risk & Benefits Manag;11/15/93, Vol. 97 Issue 46, p1
Reports on the fire insurance claims in the state of California as a result of the wildfires of November 1993. Possibility of arson; Forecast on total costs to insurers; Distribution of claims; Property insurers in California.
- Protecting against fires and pirates? Mangan, Joseph F. // Best's Review / Property-Casualty Insurance Edition;Dec93, Vol. 94 Issue 8, p68
Reports on the importance of control of fire losses affecting historic and modern properties. Primary goals of a fire protection program; Difference in controlling fire losses for historic properties against modern structures.
- Underwriting losses mar fire and allied results. Sweeney, Patrick M. // Best's Review / Property-Casualty Insurance Edition;Dec96, Vol. 97 Issue 8, p38
Reports on the decreased profits of the fire insurance industry in the United States for 1995. Net premium increase offset by inflated losses and loss of adjustment for expenses contributing the declining profits; Cost-cutting measures in the industry alleviating the losses.
- German companies on alert. Kirk, Don Lewis // Business Insurance;5/20/96, Vol. 30 Issue 21, p41
States that following insured fire losses at Dusseldorf Airport, insurers are blaming German companies for poor fire safety standards. Comment by Klaus-Dieter Laessker of Nordstern Allgemeine Versicherungs-A.G.; Cause of the fire; Estimated damage from the fire; Statistics on property loss;...
- Replacement costs include upgrades. // Business Insurance;6/6/94, Vol. 28 Issue 23, p61
Reports on a ruling of the Supreme Court of Alaska on the responsibility of insurers for paying reconstruction costs of fire-damaged buildings. Lawsuit of Bering Strait School District against its insurers; Reversal of lower court decision.
- Ambiguity in full value fire policy endorsement offsets listed limit of liability. // Insurance Advocate;07/26/96, Vol. 107 Issue 29, p16
Focuses on a court case concerning ambiguity in insurance policies. Facts of the case; Estimation of damages in fire insured properties; Endorsement and declaration in policies.