Canadian Underwriter - Underwriting performance in the U.S. property and casualty industry in the first nine months of this year still lagged behind 2013, but remained favorable, rating agency A.M. Best said Thursday.Overall, the U.S. P&C industry did post an underwriting profit of $2.9 billion for the first three quarters of the year, the seventh consecutive quarter of doing so, A.M. Best said in a new special report. “While net premiums written (NPW) grew — to $381.4 billion from $364.5 billion year over year — the pace of that growth has slowed,” the report noted.
Friday, December 19, 2014
 
NBC New York - A three-alarm fire tore through a commercial building near Coney Island’s famed Luna Park Thursday evening, destroying at least two businesses, officials said. The FDNY says no injuries were reported in the blaze that started at about 8 p.m. near Mermaid Avenue and Stillwell. It took hours to get under control, with firefighters forced to fight the blaze from outside the building because the flames were so intense. "We went in to try to extinguish the fire, there was too much fire," said FDNY Deputy Asst. Chief Dan Donoghue.
Friday, December 19, 2014
 
NBC New York - Police have released security video of two suspects in a brazen daylight smash-and-grab at a Brooklyn jewelry store in which they got away with about $250,000 worth of jewelry. Police say they’re also looking to question a woman seen in the video browsing the display cases in the store and then holding open a locked door to let the suspects in. The masked men walked into the store at 1064 Coney Island Ave. in Midwood the afternoon of Wednesday, Dec. 3, and one of them showed a gun while the other used a hammer to break a glass display case and grab merchandise.
Friday, December 19, 2014
 
FOX - A fire that reduced an unfinished downtown apartment building to a block-long mountain of blackened wood was an act of arson that caused an estimated $20 million to $30 million in damage, the Fire Department announced Thursday. The Dec. 8 fire burned the seven-story, 1.3-million-square-foot Da Vinci complex. Investigators from the Fire Department and a national response team from the Bureau of Alcohol, Tobacco, Firearms and Explosives sifted through 75,000 square feet of debris to find the cause, a Fire Department statement said.
Friday, December 19, 2014
 
FOX 13 - Some people in the Tampa Bay area might be getting some damaged gifts delivered to their doorsteps after a United States Postal Service truck flipped Thursday morning, and spilled packages all over a local roadway. The Hillsborough County Sheriff’s Office received a call about the crash around 4 a.m. on Gibsonton Drive. A number of crews arrived and worked to pick up the packages, load them onto another USPS vehicle and resume the delivery process.
Thursday, December 18, 2014
 
St Helena Star - Using computer models, a catastrophic risk management firm estimates the south Napa earthquake caused an estimated $1 billion in damages — more than twice the amount of earlier local estimates. Ten percent of homes in Napa’s Browns Valley and 20 percent of residences in the downtown area were damaged in the Aug. 24 earthquake, according to a report by Karen Clark & Co., a firm based in Boston. According to Karen Clark & Co., 40 percent of the $1 billion in losses was residential, and the rest was from both commercial and industrial buildings.
Thursday, December 18, 2014
 
Enservio - Enservio, Inc. today announced an upcoming webinar on how adjusters can best approach contraband or illicit goods during the early investigative claims process. While individual insurance carriers differ in terms of their own best practices for handling contraband items, the webinar aims to bring awareness to the wide variety of goods considered illicit, and the complexity associated with properly identifying legal from illegal substances. The webinar will also look at US trade embargoed nations, and the $10 billion illicit trade in animal wildlife.
Wednesday, December 17, 2014
 
Canadian Underwriter - At US$34 billion, estimated insured losses from natural catastrophes and man-made disasters in 2014 were still high, despite being well below recent annual averages and being significantly below the US$45 billion tab for 2013, note preliminary estimates from Swiss Re’s sigma.Sigma figures released Wednesday show that of the US$34 billion in estimated insured losses in 2014, US$29 billion were triggered by natural catastrophe events compared with US$37 billion in 2013, notes a statement from Swiss Re, a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer.
Wednesday, December 17, 2014
 
KTVZ - As wind-fanned flames ripped through windows of a Prineville home Thursday afternoon, firefighters battled the blaze from the top and worked to rescue trapped animals from the bottom."(A neighbor) came over and told me the dogs were still in the house," said a neighbor who noticed the fire after he smelled the smoke from his house on East First Street. Neighbors said the woman who lives at the two-story home was out of town on vacation and her son was in school. Several of them tried to save the family’s three dogs.
Tuesday, December 16, 2014
 
FOX News - Police are investigating a series of so-called crash-and-grab burglaries in which Chicago thieves crash a vehicle through a storefront, then steal whatever they can with the speed of a NASCAR pit crew. Within just a minute or two, the thieves dash out over the broken glass to a waiting getaway car. Since September, at least a dozen such burglaries have been reported at retail businesses in Chicago and the surrounding suburbs. Some targeted high-end businesses, including a Neiman Marcus store on the famed Magnificent Mile.
Tuesday, December 16, 2014
 
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