Dealing with Flood Damage

Published on January 14, 2011 by Technology Slice

Dealing with Flood Damage – Small business owners should contact their insurer and a licensed gas fitter before tackling any clean-up once flood waters recede, the Queensland government says. The government’s website details step-by-step advice for businesses looking to start the recovery process, providing details on where to go for help on finances, managing staff [...]

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Engine Troubles Costs Qantas $100 Million

Published on December 1, 2010 by Technology Slice

Engine Troubles Costs Qantas $100 Million – The cost to insurers of the damage to the A380 alone is expected to be about $US70m ($72.9m), according to the insurance arm of US-based Aon Group, The Australian reports. This is in addition to costs associated with business losses and disruptions that analysts predict will fall between [...]

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Posted in Travel

Chile Quake Cost 8 Billion

Published on March 9, 2010 by Technology Slice

Chile Quake Cost 8 Billion – QBE Insurance has warned industry-wide payouts linked to last month’s devastating Chilean earthquake could exceed US$8 billion. Speaking to investors in London QBE chief executive Frank O’Halloran warned costs of this size would probably trigger a series of price rises across the reinsurance industry which is expected to shoulder [...]

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Posted in Money

Prudential

Published on March 1, 2010 by Technology Slice

Prudential – Prudential is to conduct the world’s biggest rights issue to finance the takeover of AIG’s Asian assets in a “transformational” $35.5bn deal announced this morning. Britain’s biggest insurance firm confirmed that it has reached agreement to take control of AIA, following a weekend of negotiations. The deal will radically change Prudential’s business, making [...]

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Posted in Money

Louise Slaughter

Published on February 26, 2010 by Technology Slice

Louise Slaughter – Great news today for the average American as the House of Representatives passed a bill to end the health insurance industries era of so called ‘price fixing’ – the bill being supported by the prominent Western New York Democrat Louise Slaughter. Louise Slaughter The anti-trust laws that have, according to some analysts, [...]

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