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...The ship’s lead liability insurer, Britannia P&I, said on Thursday it was “working closely with the vessel’s owner and manager and the relevant US authorities as part of the investigation into the casualty...
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Rescue operations were being carried out “on the surface of the water, subsurface” and “on the deck of the ship itself”, said Baltimore fire department chief James Wallace....
...,” which is Florida’s state-run insurance company....
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...In fact, it’s the opposite of that. However, I’m kind of long the insurance industry, specifically kind of property casualty insurance industry....
...But, in reality, state-level regulation of insurance premiums in the US creates persistent cross-subsidies and distorts pricing....
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...Rescue officials told local media that at least seven people had been pulled into the water, with a fire department spokesperson calling the incident a “mass-casualty event”....
...California regulators have barred Cruise’s autonomous vehicles from the state’s roads and accused the company of misrepresenting details about an accident, dealing a sharp setback for the General Motors-owned...
...Globally, insurance companies manage assets of about $44tn, according to the International Association of Insurance Supervisors....
...That’s a big reason that State Farm, one of the country’s largest insurance companies, announced late last month that it would stop selling coverage to California homeowners — not just those in wildfire...
...But one of the issues is that each European state is essentially going to arms companies and saying, could you produce a little bit more?...
...We are not a protectorate of the United States or a United States colony.”...
...We continue to have the second lowest level of government debt in the G7, lower than Japan, France or the United States....
...The smell of peppermint and eucalyptus bathes the top-floor practice room, with its exposed brick walls and crackling wood fire, in a warm and tranquil haze....
...They needed their own training, insurance and vital equipment....
...This being Miami, guests were entertained by fire dancers and spa treatments. For Dezer there was relief at avoiding the shame of foreclosure, but also something more....
...Mayor Adams and New York governor Kathy Hochul are vowing to push for some sort of replacement, although it would need the support of the state legislature....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Last year, a particularly fierce US fire season ripped through forest projects that had generated offsets bought by companies including BP and Microsoft....
...Once we came out of America our profit ebbed and flowed. Here in England, our accounts show that we made £1mn profit in 2021....
...The travails of his highly leveraged social media company have been the talk of the Street even before Morgan Stanley, Bank of America and Barclays agreed to write multibillion-dollar cheques to fund the...
...Along a mile stretch of road, the pledge of allegiance is spelt out on a series of signs. “I pledge allegiance . . .” “ . . . to the flag . . .” “ . . . of the United States of America . . .”...
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