Congress to Delay NFIP Rate Hikes? | Superstorm Sandy Anniversary Coverage | $60M Sandusky Settlement

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PropertyCasualty360 Daily eNews
October 28, 2013 PropertyCasualty360.com
First Notice
Senate Unveils Legislation to Delay Some NFIP Rate Increases
By Arthur D. Postal, PropertyCasualty360.com
Senate legislation to delay some flood insurance rate increases for four years was unveiled late last week. …Read more
Superstorm Sandy: One Year Later
PC360 Special Superstorm Sandy Page
By Chad Hemenway, PropertyCasualty360.com
PC360 has updated a special Superstorm Sandy landing page to bring readers directly to the features, news coverage and commentary related to the Oct. 29, 2012 storm that is still affecting the Northeast. …Read more
Slideshow
Superstorm Sandy: Then and Now
By Caterina Pontoriero, PropertyCasualty360.com
On Oct. 29, 2012, Superstorm Sandy swept through New Jersey and New York City, leaving behind extensive flood damage, power outages, and displaced people. Click to see images comparing the damage from Sandy one year ago with its present state.…Read more
Industry News
Penn State, Sanducky Victims Reach $59.7M Settlement
By Chad Hemenway, PropertyCasualty360.com
Penn State says it has various liability insurance policies it believes should cover the settlements and its defense costs. …Read more
Storm Kills Five in UK and Netherlands, Causes Travel Chaos
By Marie-Louise Gumuchian and Anthony Deutsch, Reuters
The Association of British Insurers said it was too early to give figures on insured loss. A storm in Britain in 1987 storm caused 2.2 billion pounds of damage in today's terms. …Read more
Using a Web-Based System to Solve the Customer Communication Challenge
By Mike Mulcahy
Insurers are already seeing the benefits of consolidating core processing for all lines of business on a common set of systems, and they should take a similar approach for customer communications as well.…Read more

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Court Dismisses Homeowners' Force-Place Insurance Claims Under RESPA, FDCPA
By Steven A. Meyerowitz
A federal district court in Alabama has dismissed two homeowners' force-place insurance-related claims against a lender and mortgage servicer under the Real Estate Settlement Procedures Act and the Fair Debt Collection Practices Act.…Read more
Validus, Allied World, CNA Report Q3 Results
By Chad Hemenway, PropertyCasualty360.com
Validus Holdings and Allied World third quarter income was down, while CNA profit was up slightly. …Read more
Perspective
By Chad Hemenway, PropertyCasualty360.com
Sandy: One Year and a Really Bruised Buttocks Later
By Chad Hemenway, PropertyCasualty360.com
One year after the storm with a name many now preface with the use of an expletive, my family is still seeking normalcy at our shore hangout. Read more
Editors' Picks
Sandy's Anniversary Spotlights Risk Management Lessons
Diving In: PC360 Interviews Berkshire Hathaway Specialty CEO Peter Eastwood
Superstorm Sandy Anniversary Highlights Need for Preparedness
N.Y. Senators: Homeowners Need More Time to Sue Insurers After Sandy

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29 Oct, 2013


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