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Causing some $15 million a year in property damage, grease fires are a major problem at Thanksgiving, thanks largely to the popularity of deep-fried turkey. State Farm Insurance Cos. tallies such cooking fires and breaks them down by states with the most claims, according to data from 2006-2013, the latest available.
SINGAPORE — The susceptibility of Asia-Pacific emerging markets to natural catastrophes and a high rate of underinsurance pose serious challenges to companies operating in the region, said risk managers and executives with global insurers.