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Daily NewsFlash : March 26, 2013

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Tuesday, March 26, 2013

Housing Regulator Targets Fees, Commissions on Forced-Placed Insurance

Forced-Placed InsuranceA U.S. housing regulator is cracking down on a little-known practice that has hit millions of struggling borrowers with high-price homeowners' insurance policies arranged by banks that benefit from the costly coverage.

The Federal Housing Finance Agency, which regulates mortgage giants Fannie...

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TWIA Delays Vote on Receivership

TWIA Board members of the Texas Windstorm Insurance Association have delayed a vote on whether to propose receivership for the troubled state insurance provider.

Meeting in Austin on Monday, board members decided to table the decision until May 21.

Faced with $2.4 billion in

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NOAA, U.S. Census Report Finds Increases in Coastal Population Growth by 2020 Likely, More People at Risk of Extreme Weather

NOAAIf current population trends continue, the already crowded U.S. coast will see population grow from 123 million people to nearly 134 million people by 2020, putting more of the population at increased risk from extreme

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AIG Introduces New Risk Financing Solution for Casualty Clients in the U.S.

AIGAmerican International Group, Inc. (AIG) has launched Collateral Flex Option (CFO), a new risk financing solution for companies with large deductible casualty insurance programs in the U.S.

CFO provides a flexible alternative for companies that would otherwise need to tie up capital or maintain costly l...

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Berkshire Reports Record NY Private Passenger Auto Loss Ratio in 2012

Berkshire HathawayBerkshire Hathaway Insurance Group last year in New York posted its highest private passenger automobile adjusted loss ratio in at least a decade, while the company in New Jersey had a below-average experience for the third straight year, according to annual statement information available in BestLink, A...

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Aon Hewitt Analysis Highlights Strong Economic Advantages of Retiree Health Exchanges

AonAt a time when the number of employers planning to re-evaluate their long-term retiree health strategies is at an all-time high, a new analysis by Aon Hewitt, the global human resources solutions bus...

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Agents/Brokers Invited to Respond to Real-Time/Download Survey

Real TimeThe Real Time/Download Campaign launched its latest survey to measure usage of Real Time and download tools by independent agents and brokers in the U.S. The survey is hosted at and is estimated to take about seven minutes to complete.

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