| Over $43 million in insurance claims after SC storms
Homeowners, business owners and car owners are still filing insurance claims more than a week after the tornadoes and hail damage moved through South Carolina. More than 11,000 insurance claims have been reported to insurance companies as a result of the recent storms. The total estimated insured property damage is now more than $43 million. The average claim amounts are ranging from $3,000 to $5,000 on homeowners' insurance claims. The survey, conducted by the South Carolina Insurance News Service, included data from insurance companies that do business in South Carolina representing approximately 70% of the market.
In order to prepare for the next storm, the SCINS recommends you speak with your insurance agent or company about your insurance policy to make sure your home is insured properly.
Pro-wrestler dead 'after drug overdose'
FORMER pro-wrestler Chase Tatum has reportedly been found dead in his Atlanta home after an apparent accidental drug overdose. The 34-year-old star of the now-defunct World Championship Wrestling organisation had been battling an addiction to painkillers, but planned to enter rehab, his father told The Atlanta Journal-Constitution. "He was in the process of getting his life back together," Roy Tatum said. "He was confident he was going to turn things around, to live a normal life again without those painkillers." Share this article What is this? .
(AFX UK Focus) 2008-03-26 05:15 GMT: Hong Kong shares end morning higher on China financials; Henderson unit soars
HONG KONG (XFN-ASIA) - Share prices finished the morning higher led by mainland financials after China Life Insurance, Industrial and Commercial Bank of China (ICBC) and Bank of China reported strong 2007 earnings.
China Life, the mainland's top insurer, reported nearly 95 pct rise in 2007 net profit, while ICBC -- China's biggest commercial bank -- announced 65.5 pct increase in annual net profit.
Bank of China managed to achieve 31 pct rise in 2007 net profit despite making a 1.3 bln usd provision for subprime-related investments. The bank announced that it has cut its subprime exposure substantially. Henderson Investment soared over 57 pct on talk that Henderson Land may either inject some assets into the unit or take it private. Dealers said the market's gains were capped due to continuing concerns over the US economy.
|
