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Sixty-five single-family homes were destroyed and 462 damaged by the flooding and mudslides that struck the city of Montecito Tuesday after the first winter storm to hit the region.
Euler Hermes' Chief Risk Officer Karl Coutet identifies three ways insurance companies stand to benefit from maximizing their use of customer data and human talent.
The ruling should finally resolve an issue which has cropped up before, particularly in federal court: Whether Floridas statute of limitations for bringing bad faith claims against an insurer is four or five years.
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