Hints and tips:
...In wildfire-prone California, large insurers, including State Farm, have paused new applications....
...Speakers include Carlos Fávaro, the minister of state for agriculture and livestock and Cláudio Castro, governor of the State of Rio de Janeiro. Register now to receive a discount....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Gaps in coverage are already emerging: US companies State Farm and Allstate have stopped accepting new home insurance policies in California thanks to the state’s wildfire risk....
...He’s been photographed and filmed in sucking up to sort of Saddam Hussein, to Castro. He’s probably the cleverest stupid man in politics....
...He’s set to join private equity firm General Atlantic as a senior adviser. Covington has promoted 13 lawyers to partnership....
..., says Dalena White, secretary-general of the International Wool Textile Organisation....
...State Farm, another big home insurer, warned of “rapidly growing catastrophe exposure” when it did the same earlier this year....
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
...Storebrand holds a stake in Eolus, the developer of Norway’s Øyfjellet wind farm, and has threatened to divest from the company unless it holds a proper consultation with the Sámi community....
...Farm Stadium in Glendale, Arizona....
...The company works closely with General Electric and Shell, among other customers....
...throughout the state....
...The dominant theme will be insurance companies, providing further evidence of the damage being done by inflation to the sector, especially motor insurers, as the price of parts and other claims costs rise...
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...Well, big companies want cheap corn. So they lobby the government, which provides subsidies to farmers, in part via preferential crop insurance....
...It wouldn’t accept insurance or take money from pharmaceutical companies. And it would have its own medical advisory council as an alternative to the US Centers for Disease Control and Prevention....
...In August, he barred managers of the state’s $186bn pension fund from considering environmental and sustainability issues when investing. Then there is Florida’s property insurance market....
...The government push extends to reforming so-called Solvency II rules, adopted while Britain was in the EU, to allow insurance companies to invest billions of pounds more in infrastructure....
...It’s in Sheboygan, Wisconsin, outside the headquarters of an insurance company located alongside an interstate highway. This is a pittance, globally speaking....
...Separately, US secretary of state Antony Blinken will meet Nato secretary-general Jens Stoltenberg, who is on a multiday visit to the US....
...Corporate earnings Insurance company Cigna is expected to report first quarter revenue of $43.4bn, according to analysts polled by Refinitiv....
International Edition