Saving money now on homeowners insurance costs but being underinsured puts homeowners in a tight situation should they face
catastrophic losses on their home.
The total insured losses from Hurricane Sandy are estimated at around $ 35 billion, and approximately $ 200 million to $ 300 million consisted of losses to art — a huge hit for art insurers, who had already seen their worst year for
catastrophic losses on record in 2011.
The potential impact of a systemic or
catastrophic loss on the LAWPRO program and premiums charged to lawyers, especially if a group of law firms experiences a loss; and
Insurance actuaries calculate the probability of
catastrophic loss on a state - by - state basis, using a formula based on the total number of catastrophes in each state over a 40 - year period.
Not exact matches
A catastrophe is a severe
loss designated a catastrophe by internationally recognized organizations that track and report
on insured
losses resulting from
catastrophic events, such as Property Claim Services (PCS) for events in the United States and Canada.
May 2 (Reuters)- A Chicago fund manager that suffered
catastrophic losses in a market plunge earlier this year has blamed the actions of its broker, a Wells Fargo & Co unit, according to court documents filed
on Wednesday.
(Reuters)- A Chicago fund manager that suffered
catastrophic losses in a market plunge this year has blamed the actions of its broker, a Wells Fargo & Co unit, according to court documents filed
on Wednesday.
May 3 A Chicago fund manager that suffered
catastrophic losses in a market plunge this year has blamed the actions of its broker, a Wells Fargo & Co unit, according to court documents filed
on Wednesday.
May 2 A Chicago fund manager that suffered
catastrophic losses in a market plunge earlier this year has blamed the actions of its broker, a Wells Fargo & Co unit, according to court documents filed
on Wednesday.
A Chicago fund manager that suffered
catastrophic losses in a market plunge earlier this year has blamed the actions of its broker, a Wells Fargo & Co unit, according to court documents filed
on Wednesday.
That certainly doesn't imply that equally
catastrophic losses are likely to follow (stocks lost 85 % of their value from 1929 to 1932 as valuations collapsed from historic highs to historic lows, and keep in mind that even moving from a 70 %
loss to an 85 %
loss involves losing half of your money, which is why I insisted
on stress - testing in 2009).
However, another
loss on the oline besides Long would be
catastrophic.
MILAN: Tributes poured in for iconic goalkeeper Gianluigi Buffon as the Italy captain retired from international football after their
catastrophic loss to Sweden in the 2018 World Cup qualification play - off here
on Monday.
An assessment of Earth's biodiversity predicts
catastrophic losses within decades, with severe knock -
on effects for human civilisation like shortages of food
Caused when an improvised explosive device detonates beneath a soldier patrolling
on foot, DBCIs often lead to the
loss of both legs and at least one arm, cause severe damage to the abdomen and pelvic area, and result in
catastrophic bleeding.
«
Losses are going to get worse as time goes
on —
catastrophic disaster events are going to become more the rule than the exception — and we're just starting to see that,» Berke said.
According to ClimateWise, a global network of 28 insurance industry organizations, not only is 2017 likely to be the most expensive year
on record due to natural disasters and extreme weather events all over the globe, but over the past decade only 30 % of
catastrophic losses were insured, leaving a climate risk protection gap of $ 1.7 trillion.
Many scientists concede that without drastic emissions reductions by 2020, we are
on the path toward a 4C rise as early as mid-century, with
catastrophic consequences, including the
loss of the world's coral reefs; the disappearance of major mountain glaciers; the total
loss of the Arctic summer sea - ice, most of the Greenland ice - sheet and the break - up of West Antarctica; acidification and overheating of the oceans; the collapse of the Amazon rainforest; and the
loss of Arctic permafrost; to name just a few.
It is safer because while mechanical items can fail under
catastrophic conditions, such as a
loss of all electrical power onsite, PRISM is not dependant
on these for a safe shutdown, so even a
catastrophic situation will not result in a reactor meltdown.
Even a small amount of cannibalization between the channels could have
catastrophic impact
on small stores — I don't think the majority of the DM could absorb even a 10 % permanent
loss of traffic from migration.
Insurance is there to protect me against
catastrophic financial
loss (huge medical bills, owing a mortgage
on a house that burned down, etc.) not a way to game the system and pay for routine expenses or repairs.
Instead, consider life insurance as coverage for the financial realities of death - funeral expenses, and perhaps money to provide grieving time for your family before they resume or take
on work [Again, insurance is coverage against
catastrophic loss, not a lottery ticket to provide a windfall when the unfortunate happens].
The firm was founded to offer investment services with a cardinal mandate: the delivery of superior risk - adjusted fixed income returns to clients; performing
on this mandate depends
on the avoidance of risk - taking that has led to
catastrophic principal
losses, even under bond managers once reputed for conservative stewardship.
Additionally, talking about lawsuits, as we pointed out before, a mortgage
on a property could serve as a poison pill against greedy lawyers trying to sue you and a put option
on the property value in case of idiosyncratic
catastrophic losses.
During retirement however a 35 %
loss can be
catastrophic, especially if it occurs early
on in retirement.
But if you can prove to your homeowner's insurance company that your home is less likely to suffer
catastrophic losses in the event of an emergency, you may receive discounts
on your homeowner's insurance premiums.
Raising a child
on a single income is challenging enough, and the financial impact of job
loss for single parents can be
catastrophic.
Keeping stop
losses in at night can manage
catastrophic risk but gives up some profit over time since we would miss profiting from the big overnight gaps in the direction of the trade that would be capture if only traded
on 24 hour session data.
Just the introduction of the Chestnut blight destroyed the ecosystem of the eastern United States in the early 1900s, causing
catastrophic reductions in wildlife populations and the extinction of several species totally dependent
on the American Chestnut, and incidently, increased the misery associated with the Great Depression due to the
loss of a key agricultural crop.
A perhaps cold - blooded but pragmatic view is that even the
catastrophic losses in earthquakes are not that huge in comparison to other perils of life
on the planet.
As the global extinction rate is already
catastrophic and increasing exponentially, forest dependent organisms can not endure this trend, nor will most lifeforms
on earth cope with further
loss of the critical global forest carbon sink.
We must see climate change as an ethical problem because: (a) it is a problem caused by some people in one part of the world that puts others and the natural resources
on which they depend at great risk, (b) the harms to these other people are not mere inconveniences but in some cases
catastrophic losses of life or the ability to sustain life, and (c) those who are vulnerable to climate change cant petition their governments to act to protect themselves but must rely upon a hope that a sense of justice and responsibility of those causing the problem will motivate them to change their behavior.
If nations fail to base their climate change policies
on what equity, ethics, and justice require of them
on mitigation of their greenhouse gas emissions and funding for adaptation,
losses, and damages, then the global response to climate change will not likely be ambitious enough to avoid
catastrophic climate impacts while deepening existing injustices in the world.
South Asia
on a whole and Pakistan in particular once again had to face climate change debacle in the form of heavy floods across the region which not only resulted in
loss of lives but also
catastrophic damages [continue reading...]
«Many scientists concede that without drastic emissions reductions by 2020, we are
on the path toward a 4C rise as early as mid-century, with
catastrophic consequences, including the
loss of the world's coral reefs; the disappearance of major mountain glaciers; the total
loss of the Arctic summer sea - ice, most of the Greenland ice - sheet and the break - up of West Antarctica; acidification and overheating of the oceans; the collapse of the Amazon rainforest; and the
loss of Arctic permafrost; to name just a few.
I confess to a feeling of discomfort over a state of affairs, in an enlightened and compassionate society, in which a patient, who undergoes a necessary procedure and who can not afford to bear the entire
loss, through no fault of his and reposing full confidence in our system of medical care, suffers
catastrophic disability but is not entitled to be compensated because of the absence of fault
on the part of those involved in his care.
Rose is a specialist lawyer in serious /
catastrophic injuries including
loss of sight, brain injury, spinal injury and
loss of limb and fatal accidents, and is frequently asked to lecture nationally and internationally
on the UK's civil justice system.
The Seattle Seahawks seemed
on the verge of victory in last year's Super Bowl, but one bad play call at the end turned a certain win into a
catastrophic loss.
The change had an immediate impact, especially
on those cases where settlement was imminent and where there was a large element of future
loss, increasing the value in some cases involving
catastrophic injury by millions of pounds overnight.
It comes in many forms but, includes proposals to limit class action lawsuits, to shorten the statute of limitations (time deadline) for filing personal injury claims, and to put a cap
on the amount of damages for out of pocket
losses like medical bills and lost wages and / or general damages for the pain and emotional distress caused by a
catastrophic injury or death caused by the wrongdoing of another individual or business.
The person or people at fault for injuring you may be required to pay for your past and future medical expenses, the time you lose at work, your motorcycle or any other property that was damaged, the cost of hiring someone to do your household chores during the period when you can't do them (estimated through your lifetime, if you suffer a
catastrophic injury), permanent disfigurement,
loss of enjoyment, emotional distress and the adverse impact
on your spouse, and any change in your future earning ability.
This way, you are actually replicating your files so that if there's a
catastrophic data
loss, they are still sitting happily
on the remote server and are ready for you to easily replicate in a usable way.
Served as trial or arbitration counsel in a variety of commercial matters, including a cases involving the voiding of a million - dollar note, a breach of contract case relating to a multi-million dollar insurance coverage dispute arising from a
catastrophic loss, and a shareholder dispute centering
on the interpretation of ten complex operating, management, business, and employment / non-compete agreements.
Our legal team can take
on cases involving
catastrophic injuries, such as paralysis,
loss of limb, and brain damage.
We specifically work
on cases involving deep
loss from
catastrophic and other serious injuries.
The firm concentrates
on helping people who have suffered
catastrophic injuries or
loss and need help fighting for their rights.
Nick Mahoney defends large
loss and
catastrophic injury claims
on behalf of a major general insurer.
Theft and
catastrophic loss do happen, but when they happen to those without renters insurance or the financial means to get themselves back
on their feet, it's only the beginning of the tragedy.
Depending
on the estimated risk of a particular
catastrophic loss occurring where you live as a renter, you can decide if it is necessary to supplement your policy with endorsements protecting your property against such perils.
One of your employees being injured
on the job can lead to
catastrophic financial
losses for the business.