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COLUMBUS, Ohio–(BUSINESS WIRE)– Nationwide Insurance and Allied Insurance claim representatives and agents are prepared to assist customers affected by the severe storms that recently swept through the Midwest. Procedures are in place providing quick response to customers needs. Policyholders with storm damage should call the Nationwide Insurance claims hotline at 800-421-3535 or the Allied Insurance claims hotline at 800-282-1446

Insurance Bureau of Canada recognizes BC's small businesses

VANCOUVER, Feb.

Farmers Insurance Names Mark J. Testa Head of Business Insurance Independent Agency Sales and Distribution

LOS ANGELES, CA–(Marketwire -02/29/12)- Mark J. Testa, a 25 year insurance veteran, has been named Head of Business Insurance Independent Agency Sales and Distribution for Farmers Insurance effective February 20. “Mark has a strong record of success working with agencies in the independent distribution channel and we are confident he will continue to deliver strong results for us,” said Bob Sadler, head of independent agency operations for Farmers Insurance.

Miss. lawmakers try again on auto insurance checks

JACKSON, Miss.

Insurance Crimes Cost Canadians Several Billion Annually

Allstate Canada is tough on insurance fraud TORONTO , Feb. 29, 2012 /CNW/ – Whether it’s a staged collision, arson or an exaggerated claim, insurance fraud comes in many forms, but fraud in any form costs all Canadians.

25 Must-Read Quotes From Buffett’s Letter To Shareholders – Motley Fool UK

Words of wisdom from the Oracle. A version of this article originally appeared on our US site, Fool.com.Warren Buffett released his annual letter (PDF file, Adobe Acrobat required) to Berkshire Hathaway (NYSE: BRK-B.US) on Saturday

Insurance claim proceeds provide short-term boost to UC

Wednesday, 29 February 2012, 10:08 pmPress Release: University of Canterbury Insurance claim proceeds provide short-term boost to University of Canterbury’s 2011 results The University of Canterbury has released its annual financial results for 2011. The results show that UC has performed well in trying circumstances, however Vice-Chancellor Dr Rod Carr said reduced income and increased spending because of the earthquakes mean the institution will continue to face significant challenges.The University has recorded a surplus of $9.5million before the impact of insurance [1]for 2011. When the insurance impacts are factored into the result, as required by international financial reporting standards, UC’s 2011 surplus is inflated to $30.9million.Dr Carr said this overstates the result as it includes all insurance proceeds but does not offset earthquake-related expenditure which has been capitalised, such as the actual cost of building remediation and the temporary buildings constructed from insurance proceeds.

Maine’s Senator Olympia Snowe Won’t Run for Fourth Term – Alaska Native News

After a 33 year run in Congress, Maine’s Senator Snowe declared today that she will not seek a third Senate term. Her abrupt announcement took both major parties by complete surprise, and opens up the state to a possible upset by a Democratic candidate.

Insurance claim proceeds boost Canterbury Uni results

Insurance claim proceeds provide short-term boost to University of Canterbury’s 2011 resultsThe University of Canterbury has released its annual financial results for 2011. The results show that UC has performed well in trying circumstances, however Vice-Chancellor Dr Rod Carr said reduced income and increased spending because of the earthquakes mean the institution will continue to face significant challenges.The University has recorded a surplus of $9.5million before the impact of insurance for 2011. When the insurance impacts are factored into the result, as required by international financial reporting standards, UC’s 2011 surplus is inflated to $30.9million.Dr Carr said this overstates the result as it includes all insurance proceeds but does not offset earthquake-related expenditure which has been capitalised, such as the actual cost of building remediation and the temporary buildings constructed from insurance proceeds.He also said the results need to be analysed in the context of projected future impacts of the earthquake on the University’s finances.”We face the very real and imminent prospect of a significant drop in income from tuition fees, particularly from international students.

Australia’s Transurban issues C$ bonds – Reuters Canada

SYDNEY (Reuters) – Australian toll road operator Transurban (TCL.AX: Quote) has raised C$250 million ($251 million) of maple bonds, Canadian-dollar-denominated bonds sold in Canada, which it said was the largest such issue by an Australian non-financial issuer. Maple bonds are a relatively new instrument for Australian borrowers, and are particularly uncommon for non-financial, or corporate, institutions.