Your 4 hourly digest for U.S. News Headlines - Yahoo! News

U.S. News Headlines - Yahoo! News Get the latest U.S. news headlines from Yahoo! News. Find breaking U.S. news, including analysis and opinion on top U.S. stories.

PCS eyeing $11 billion Sandy loss estimate Nov 23rd 2012, 12:22 LONDON (Reuters) - Data aggregator Property Claims Service (PCS) is putting insured losses from superstorm Sandy at $11 billion, which currently leaves catastrophe bond investors safe from losses - but experts say the figure is likely to rise. PCS has not formally released its loss review yet, but an initial estimate based on its first survey has been seen by cat bond funds and traders. PCS is an industry loss compilation service used by the majority of cat bonds to define whether an insurance event qualifies for a payout under the terms of the deal. ... Media files: 2012-11-23T122207Z_1_CBRE8AM0YD500_RTROPTP_2_STORM-SANDY.JPG (image/jpeg) Fighting Sandy debris-removal crooks: There's an app for that Nov 23rd 2012, 12:00 NEW YORK (Reuters) - A devastating storm like Sandy can bring out the crooks - and not just opportunistic looters and burglars. Officials dealing with the destruction in the U.S. Northeast say one of their biggest headaches is debris-removal fraud committed by greedy contractors who inflate their share of the millions in cleanup funds doled out by federal agencies. ... Early start to "Black Friday" shopping welcomed by some, not all Nov 23rd 2012, 07:18 NEW YORK/CHICAGO (Reuters) - The shopping frenzy known as "Black Friday" kicked off at a more civilized hour welcomed by some shoppers this year, with retailers like Target Corp and Toys R Us moving their openings earlier into Thursday night. While the shift was denounced by some store employees and traditionalists as pulling people away from families on Thanksgiving, many shoppers welcomed the chance to shop before midnight or in the wee hours of the morning. "I think it's better earlier. People are crazier later at midnight. ... Media files: 2012-11-23T071634Z_1_CBRE8AM0K7U00_RTROPTP_2_USA-RETAIL-HOLIDAY-BLACKFRIDAY.JPG (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions