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Thursday, November 1, 2012

Reuters Money: Got a Sandy claim? How to get your insurer's attention

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11/1/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Got a Sandy claim? How to get your insurer's attention
NEW YORK (Reuters) - The first piece of post-storm advice after a major weather event like Sandy is always to call your insurance company. But what if your phone isn't working or you don't have Internet service? What if the insurance company isn't answering the phone, or getting to you as fast as you'd like? Or, what if water is still pouring in through the roof and you've got more than enough on your hands right now?
October factory activity falls to 37-month low: Markit
NEW YORK (Reuters) - Manufacturing grew in October at its slowest pace in more than three years and appeared likely to act as a drag on overall growth in the final months of 2012, an industry survey showed on Thursday.
Productivity increases modestly, unit labor costs drop
WASHINGTON (Reuters) - Nonfarm productivity increased at a modest pace in the third quarter, giving little sign that businesses are poised to ramp up hiring significantly.
Five ways to disaster-proof your finances
CHICAGO (Reuters) - While we can't control nature or the ravages of climate change, there are things you can do to safeguard your financial future. True catastrophic coverage is comprehensive and protects more than your assets; it protects your well being in the future. In addition to reviewing all of your insurance policies to see what they cover and how much your out-of-pocket expenses will be, you need to do more to prepare for the future.
Exxon quarterly profit falls, output tumbles
(Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, on Thursday reported a lower quarterly profit that topped expectations, as higher margins from its refining arm countered a 7.5 decline in oil and gas output.
Planned layoffs jump to five-month high in Oct: Challenger
NEW YORK (Reuters) - The number of planned layoffs by firms jumped 41.1 percent in October to the highest level in five months, although the number includes more than 10,000 jobs in U.S.-owned auto plants in Europe, a report said on Thursday.
Weak Prevnar vaccine, emerging market sales hit Pfizer
(Reuters) - Pfizer Inc reported on Thursday quarterly revenue well below Wall Street expectations, on disappointing sales of its Prevnar pediatric vaccine and a sharp pullback in emerging market revenue.
New services help boomers max out Social Security
WASHINGTON (Reuters) - It is no surprise that as the baby boom approaches its Social Security years, it is turning the decision about when to start collecting benefits from an automatic move into a major planning and research opportunity.
Fund firms face "unstable foundation," need new products: report
(Reuters) - Despite cushy profit margins, asset managers must look to new areas such as retirement products and exchange-traded funds for growth as flows to their traditional equity funds stall out, a new research report found.
U.S. government poised to hit debt limit before 2013
WASHINGTON (Reuters) - The Obama administration said on Wednesday that the nation would hit the legal limit on its debt near the year's end, although it can tap emergency measures to stave off a default and keep the government running into early 2013.
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