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In Pennsylvania, flooding was worst along the Monongahela River in the state's southwest portion. During the storm, a power company opened the flood gates of the Lake Lynn dam along the river to preserve its integrity, triggering a class action lawsuit that ultimately failed. The floods damaged or destroyed 3,349 houses in Pennsylvania, causing ...
Lighter Side. Medicare. new
In the United States, a small cap company is a company whose market capitalization (shares x value of each share) is considered small, from $250 million to $2 billion (as of 2022). [1] Market caps terms may be different outside the United States.
A risk pool is a form of risk management that is mostly practiced by insurance companies, which come together to form a pool to provide protection to insurance companies against catastrophic risks such as floods or earthquakes. The term is also used to describe the pooling of similar risks within the concept of insurance.
The trade-off here is that small-cap companies have more room to grow and can offer investors higher return but with higher risk. From 1926 through 2020, small-cap stocks, on average, outperformed ...
This cap is the maximum amount your insurance company will pay on the claim. Step 3: Apply a damage multiplier Insurance companies use a damage multiplier to adjust the value of the vehicle ...
State Farm was ordered to pay the Rigsbys attorneys $2.6 million plus expenses of just over $300,000. The Rigsby sisters were to each receive 15 percent of the $750,000 awarded to the government. The case involved the claim of Thomas and Pamela McIntosh only and the judge refused to allow any claims on other properties to be included.
An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...