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Wildfire season starts early

American Insurance is warning rural property owners in the Northwest that wildfires are expected to start earlier and be closer to home this summer. Shawn Sullivan, President of American Insurance said, “rural property...

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COVID-19 Advisory- Lobbies closed, but open to serve you!

UPDATE: Our lobbies are open again as of June 1. You can find out more about our office changes here in this new article. - Although face-to-face customer visits are restricted, our employees are on the job to serve...

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COVID-19 Insurance claim relief?

Answers to 4 common insurance questions Every business owner wants to know and is hoping that somehow their insurance coverages will provide some financial relief. Containment efforts of the Coronavirus Pandemic across...

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Smoke alarms focus of awareness event

BOISE – Idaho Gov. C.L. “Butch” Otter has signed a proclamation declaring this as Fire Prevention Week. The Idaho State Fire Marshal’s key message for the event is to encourage smoke alarm installation in every bedroom,...

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US Record -12 Billion $ Disasters

2011 set a new record of 12 separate billion+ dollar US weather/climate disasters according to the National Climatic Data Center (NCDC). The aggregate damage total is estimated to be approximately $52 billion. This...

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Who was 9/11's "Economic First Responder"?

Now at the 10th anniversary of September 11, 2001, like the bombing of Pearl Harbor on December 7, 1941, it is a day that lives on in infamy for a new generation of Americans. But 9/11 was different in the sense that...

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New Initiative To Build "Weather-Ready" USA

An initiative to build a "weather-ready" nation is being launched by the National Weather Service, in response to the nine separate natural disasters the US has experienced so far in 2011. The latest event to surpass...

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2011 Already Insurer's Costliest Year Ever

After just six months, 2011 is already the most expensive catastrophe year for the insurance industry on record, according to a ProgramBusiness.com story taken from The Guardian. Through June 30th, 2011 is worse than...

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US Weather Losses 300% of Normal

April period witnessed the largest tornado outbreak in world history. May period includes two of the costliest tornadoes ever recorded. Yes, it was really THAT bad - 3 times the average of losses for the 20 year period...

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April Weather Claims Exceed $4B

Five separate severe weather outbreaks in April will result in combined insured losses in excess of $4 billion, according to Aon Benfield report. The first outbreak, from April 3-5, triggered around 1,500 storm reports...

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Japan Quake Disrupts Global Supply Chains

Global supply chain disruptions for thousands of multinational companies that rely on Japanese manufacturers for goods and services, as well as for sales, will be significant and last up to several months predicts Marsh...

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Insurance Goes Nuclear

If you lived in the shadow of a nuclear power plant would you have any insurance to cover your loss due to a nuclear accident? As events unfold at Japan's Fukushima Daiichi nuclear power plant following the devastating...

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Japan: Insured Losses $35B

Based on currently available information, the estimates of insured property losses from Japan's earthquake are between $15 billion and $35 billion USD according to AIR Worldwide, a pioneer in catastrophe modeling...

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10 Costliest Catastrophes

The cost of natural disasters can be counted in many different ways - loss of life, overall economic loss both public and private, insured and uninsured property loss, loss of business revenue, etc. No matter how you...

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Can Insurers Withstand Catastrophes?

Insurers and reinsurers worldwide have the financial strength to pay the claims that will emerge from Japan's 9.0 magnitude earthquake and the resulting tsunami but these events, coupled with the severe quakes that...

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