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Money Fix: Preventing holiday hazards

The holidays can be full of merriment, but

Photo credit: James Carbone, 2010 | The holidays can be full of merriment, but also mishaps that cost money. Be aware of hidden holiday hazards, like a too-dry tree that can go up in flames. This blaze was a demonstration by Suffolk County fire officials to show the danger.

The holidays can be full of merriment, but also mishaps that cost money. Be aware of hidden holiday hazards.

Avoid party perils. "Hosting events at home increases the potential for accidents that can lead to personal liability lawsuits," says Jerry Hourihan, executive vice president of AIG Private Client Group in New York.

You can be liable if your party guests get looped and kill or...

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