The nation's housing market boom that began in the mid-1990s may have property owners wondering whether their homeowners insurance has kept pace with the value of their homes. Most homeowner's policies have at least replacement cost coverage, which compensates for the actual cost of repairing or replacing the property. Replacement-guarantee...
BOSTON -- ISO HomeValueTM, a residential property replacement cost estimator developed by ISO subsidiary AIR Worldwide, has expanded its valuation capabilities to include replacement cost estimates for individual condominium units. As the 2006 hurricane season commences, ensuring adequate insurance-to-value has increased significance to insurers and homeowners alike due to the...
BOSTON -- ISO and AIR Worldwide Corporation announce the addition of Quincy Mutual Fire Insurance Company to the growing list of companies turning to ISO HomeValueTM to strengthen their underwriting processes. ISO HomeValue is a web-based residential property replacement cost estimator that helps insurers write homeowners policies that reflect full...
BOSTON -- In an effort to further reduce the number of underinsured properties in its portfolio, New York Central Mutual Insurance Company NYCM has made ISO HomeValue available to its policyholders. This innovative use of replacement cost estimation technology provides policyholders with the ability to enter highly detailed information about...
BOSTON -- Independent agents of Mt. Washington Assurance Corporation can now use ISO HomeValue to estimate the costs associated with re-building structures in the event of a total loss. Developed by ISO subsidiary AIR Worldwide Corporation AIR, ISO HomeValue is a web-based residential replacement cost estimator that has been directly...
This paper describes the development of a simulation model to assess the inventory requirements of alternative rail sleeper replacement strategies. The main aim of the model is to determine the optimal replacement strategy, given replacement costs and resultant train operating cost benefits. The replacement problem has been considered under the...
BOSTON -- ISO and AIR Worldwide Corporation announce the addition of the California State Automobile Association CSAA as the latest insurer to benefit from ISO HomeValue. CSAA signed a multi-year license for ISO HomeValue, a web-based residential property replacement cost estimator that helps insurers address insurance-to-value and contain premium leakage...
Insurance experts refer out some of the key mistakes that small business CEOs make--and the things that all business owners should be aware of when it comes to insuring their company. In this article there is a list of 12 things to keep in mind. First is, do your homework--before...
When an employee relocates to an overseas office, employers not only have to think about the financial cost to the company, they must also consider the emotional cost to the employee. One of the first considerations for a company contemplating the relocation of an employee overseas is the cost. But,...
Imagine a methodology and technology to predict when a customer's tank will fail, replacing it before it fails, and having it cost you and your customer nothing at the time of replacement. General Electric's Panametrics division produces that technol Imagine a methodology and technology to predict...
Motor vehicle collisions cost the U.S. more than $230 billion each year. For fleets, the insured costs include worker's compensation, automobile physical damage, automobile liability, short-term disability, long-term disability, group medical and uninsured motorist coverage. Uninsured costs associated with crashes usually exceed the losses that are reimbursed by insurance. These...
Saj Karsan submits: Two days ago, we considered the huge gap in inventory valuations at A.M. Castle (NYSE: CAS). On the one hand, a LIFO valuation tells us the inventory is worth $248 million - but the replacement cost of the exact same inventory is listed at $423 million. Thinking...
In January 2006, the IRS issued Rev. Proc. 2006-14, which provides heavy equipment dealers with a safe-harbor accounting method for using the replacement cost method for valuing heavy equipment parts inventory. The procedure also provides guidance on In January 2006, the IRS issued Rev. Proc. 2006-14,...
This paper presents a comparison of replacement rates for employees of medium and large private establishments to replacement rates for federal employees under the Civil Service Retirement System and the Federal Employees Retirement System. This analysis shows the possibility of replacement rates exceeding 100 percent for FERS employees who contribute...
A single Salt Lake City TV station's must-carry/channel repositioning request could cost TeleCommunications Inc.'s Utah systems $1.3 million in hardware replacement, or nearly $8 per subscriber, TCI asserted last week. Similar burdens may fall on A single Salt Lake City TV station's...
As the first Mercer County hospital to perform total hip and total knee joint replacement surgery, Mercer Medical Center has acquired 20 years experience in getting people back on their feet. Nearly 300 joint replacement surgeries are performed al Mercer each year.
The National Beer Wholesalers Association has reported that striker replacement bill was defeated by the U.S. Senate. The bill, which would have prohibited the hiring of permanent replacement workers in an economic strike, had been opposed by the association.
Mitsubishi, Hunt Valley, Md., has reduced the cost of replacement corrugating rolls by as much as 35 percent, depending on roll size and model. Corrugating rolls are now available starting under $70,000. Also, the company is implementing a low ...
ALBUQUERQUE, N.M. -- Innovasic Semiconductor, a leader in replacement integrated circuit IC and microcontroller solutions, today announced that it will offer a replacement for Intel's AN/AS82527 Serial Communications Controllers Control Area Network Protocol.
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