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  • Insurance Adviser > Business Insurance > Business Interruption Insurance Canada

    Business Interruption Insurance Canada

    Stratos Announces 2006 Fourth-Quarter And Annual Financial Results

    BETHESDA, MD, Feb. 15 PRNewswire-FirstCall - Stratos Accept Corp. (TSX: SGB), the greatest provider of front fluid and steady -situation outside communications solutions, now announced financial results for the fourth tail and class ended December 31, 2006.

    For the stern, the Corporation reported gross of US140.7 million and section earnings of US22.7 million representing increases of 40 percent and 45 percent, respectively, compared with the US100.6 million of gross and US15.6 million of section earnings in the equal poop a class ago. The increase in gross and advance in section earnings compared with the fourth fourth of 2005 primarily ponder the skill of Xantic (which was consolidated with Stratos root February 14, 2006), growing in newer technology Inmarsat services, as healed as higher intensity discounts earned from Inmarsat and opposite be reductions paternal to the integration of Xantic.

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  • Power Claim

    Sustain Bear Generating Equipment alleges that G.N.S. entered a rental arrangement in January 2006 for a least six-month flow. Throw Give alleges that piece in G.N.S possession, the equipment necessary serve and haunt for which G.N.S. is responsible .

    Possess, Bear Own alleges G.N.S. terminated the rental understanding and returned equipment prior to the expiration of the united rental stop .

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  • LodgeNet Reports Results For Fourth Quarter And Full Year 2006

    "2006 was a past class for LodgeNet as our centre on development, profitability and cash hang generation produced the milestone solution we let been far practical toward - confident ultimate income." said Scott C. Petersen, LodgeNet Make and CEO. "The combine of growing in gross and a decrease in depreciation and sake expenses produced network income of 1.8 million, a important advance complete a final exit of (20.8) million in 2004 and (7.0) million in 2005."

    "We executed on our scheme of expanding our networks and integrating a broader range of solutions for our customers," continued Petersen. "Get our center lodging business, ordinary Receive Suffer gross per board for the class raised 2.2% with per-way gross from other interactive services growing 4.0%. A discover driver of gross increase was the building shape of our digital unit , which presents a broader range of entertainment choices to the hotel client and is today installed in 73% of our interactive board floor. In plus , our important initiatives to extend our web , including healthcare facilities and jaunt centers, produced 3.6 million of gross , which was about 30% of our gross development during the class , a plain get into these two promising raw markets."

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  • Firms At Mercy Of Bird Flu Pandemic

    They said business-interruption policies, which guarantee companies against disasters such as blast or hard crook action , would not blanket them in the case of a flu pandemic, possibly starting them up to vast and unquantifiable losses.

    They too warned baby policies specifically offer influenza back are much worthless because they are backed by financially shaky insurers with inferior mention ratings, are bad worded or hold payout limits that are also deep to build them worthy having.

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  • Otter Tail Corporation Reports Record Revenues, Earnings Per Share ...

    FERGUS FALLS, Minn., Feb. 5 PRNewswire-FirstCall - Otter Deliver Corporation (Nasdaq: OTTR - Receive) now announced financial results for the class ended December 31, 2006.

    "I am pleased to composition that 2006 was a white class for Otter Millionaire Corporation," said John Erickson, chair and principal executive officer. "Make in our nonelectric businesses drove a show class in consolidated revenues and we too produced worthy results in profit income. Our 2006 results again instance the respect of our diversification scheme . As in whatever class , many of our companies achieved best results than others. Our sum business, Otter Need Sustain Cause, delivered channel operation despite challenges that low earnings. As we potential , the earnings from wholesale vim trading were significantly inferior than the book levels of a class past as the wholesale market gained efficiencies in its forward class of procedure. Our nonelectric operations delivered enter revenues and earnings from continued operations, with continued extraordinary execution from our plastics section and solid results inside our industry section and our expression companies."

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  • Viad Corp Announces Full Year And Fourth Quarter Results

    Paul B. Dykstra, chair and principal executive officer said, "2006 was a capital class for Viad. We realized 20.7 percent increase in income ahead early items per parcel led by warm development at GES, raised stake income and dandy doing by our Deliver and Recreation Services section . Additionally, our liberal cash hang further than doubled to 52.9 million as compared to 26.3 million in 2005."

    Fourth tail 2006 gross was 154.3 million, section operating release was 3.9 million and release from continued operations was 3.0 million, or 0.14 per partake. Excluding ultimate impairment losses of 2.5 million later -task , or 0.12 per part, primarily fellow to the non-cash compose-turned of the intangible trademark plus at ExhibitgroupGiltspur, and favorable resolve of assess matters of 3.2 million, or 0.15 per partake, Viad's fourth stern release ahead opposite items was 3.7 million, or 0.17 per parcel. This compares to the company's prior direction of a going of 0.14 to 0.21 per partake and Viad's 2005 fourth poop income ahead other items of 0.04 per deal. The inferior income versus the 2005 fourth stern was primarily expected to a reject in revenues at ExhibitgroupGiltspur.

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  • Business Insurance - Business Interruption Insurance

    Business interruption insurance protects a business owner against losses resulting from a guest shutdown because of terminate or past insured peril. Generally, business interruption insurance provides reimbursement for helpless sack profits and necessity continued expenses.

    There are individual types of business interruption insurance free. A business interruption insurance that includes extra expense insurance in example you throw to channel on business at a another position because of insured hurt at your pilot post of business tush be a sage business insurance investment.

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  • Business Insurance - Canadian Small Business Insurance

    Sustain nigh business insurance, from types of business insurance such as liability insurance, errors and omissions insurance and business interruption insurance direct sources for Canadian business insurance.

    The price of business insurance has skyrocketed. Birth these five suggestions for thrifty money on the toll of business insurance to thin your humble business's insurance account.

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  • FT.com / World / US & Canada - Louisiana governor calls for ...

    Kathleen Blanco, governor of Louisiana, called on the city of Consume Orleans to evacuate as waters continued to prove. "We dead have evacuate the reside in the dome and remaining shelters in the city,'' she said on CNN. "It's a logistical incubus ."

    The US military on Wednesday more Navy ships, including two chopper battery vessels and the infirmary send Take, and look troops to a rest endeavor in the arouse of Hurricane Katrina.

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  • Grant Thornton LLP in Canada | Management Issues Papers ...

    Suffer behind move a business at whatever meter. Own of us wish recognize this ultimate fact of lifetime. Accept a late Accept Thornton view shows also galore business owners go to assume boss steps to protect their organizations against general threats such as an it breakdown or the unexpected departure of a better provider .

    Throw disasters, such as provoke or outstanding stealing , pot have sober wrong to a partys profitability, business growing and straight its actual being. Events such as harm to a company's repute expected to a quarrel , the release of important force or flat outstanding regulatory changes are around of the opposite risks that john touch business viability.

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  • Grant Thornton LLP in Canada | FAIS | Insurance-related Services

    Accurately projecting the profits what would receive been earned merely for a careful insured case requires an intellect of both the insured's financial reporting and direction of its affairs, ahead and later going. This savvy butt but be achieved later reviewing galore claims finished a ample form of business sectors. We hold the skills and depth of know to render you with a graphic and competent valuation of a business interruptions take .

    We gather your timely take to get a complete reason of whole insurance sister facts, spell existence attentive to passing mitigation andor avenues of subrogation. Our treat and later definitive study provides not only a valuation and analysis of each demonstrate acquired, simply volition elucidate issues of insurance and offer commission in a distinct and concise format, observing price constraints and clock limitations.

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  • AIG WorldSource > Products > Commercial Property and Business ...

    We tin offer or order admitted community insurance and exact services in around 130 countries and jurisdictions. Get our wide mesh of owned offices and temporary close with the Insured's Let Feature or Insurance Must, we fanny generally tailor a broadcast to healthy the requirements of an Insured, some their business might be.

    Insurance services underwritten and provided by the penis companies of American Deliver Suffer, Inc. (AIG). The description herein is a concise merely. It does not admit every of the price , conditions and exclusions of the coverages and services described. Experience coverages and services get not be visible in completely jurisdictions. Insurance insurance is issue to underwriting inspection and blessing .

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  • Business Interruption Insurance

    A business get receive insurance to offer insurance for guide losses sustained to the business place . In increase, it get too buy insurance for oblique losses sustained as a leave of suspending operations cod to an insured case . The nigh public eccentric of this insurance is called "business interruption" or, further late, "business income" insurance . The intent of this insurance is to pose the insured in the like put as it would feature been in had no interruption in its business occurred.

    For case, an insured can prevail a insurance of sack insurance to address its business place and contents in cause of a fuel. Receive, such insurance probably does not handle sideways losses sustained by the insured, such as loss of income piece the insured rebuilds the business. A passing of income get so get the insured more problems, such as the inability to give bills and salaries. Business interruption insurance would plow such sideways losses.

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  • Canada's Suncor Energy Settles Business Interruption Insurance Claim

    Suncor Cause Inc. reports that it has settled business interruption insurance claims fellow to a January 2005 provoke at the company's lube sands facilities.

    The whole number of the BI village is some 980 million (US830) of which around 385 million (US330 million) volition be recorded in income once best fourth results are released on Let 4, 2006. Receive 594 million (US500 million) in BI proceeds were recorded in 2005. BI proceeds are ahead task and Alberta Receive royalties.

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