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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...taxi services throughout San Francisco without any restrictions....
...Apollo’s life insurance business gives it a first-mover advantage over rivals trying to catch up via pricey acquisitions of insurance blocks....
...California-based SVB was shut down by regulators on Friday after customers pulling deposits caused a bank run....
...In the US, because Galleri has not yet won approval from the FDA, it is not covered by US government health insurance schemes....
...The fund also owns the Moto motorway services business and the Pension Insurance Corporation Group. The RAC transaction marks CVC’s first exit, or partial exit, from a company owned by the fund....
...He will be replaced by Benoît Ribadeau-Dumas, a former chief of staff to the French prime minister with no insurance experience....
...In Thousand Oaks — a neighbourhood that looks practically the same, though it is thousands of miles away, in California — is Amerihome, a company started by Mr Furash, which has used Apollo’s firepower to...
...Two colleges at the University of Illinois at Urbana-Champaign — the Gies College of Business and the College of Engineering — bought insurance in 2018 worth $60m from USI Insurance Services in Champaign...
...Two years ago, DD’s Sujeet Indap told readers about how a state courthouse in San Mateo, California had become a hotbed for such federal disputes....
...Big technology companies offer services that seem to be free, yet consumers are paying with their own data in opaque and asymmetric transactions....
...One thing to start: International banks including Goldman Sachs and JPMorgan Chase, who helped lead the IPO of Saudi Aramco, will get paid a meagre $3.5m each for their services. Go deeper here....
...The scandal echoes the controversy when DeepMind, a London-based unit of Google, partnered with a National Health Service trust....
...PG&E has warned that it could be subject to “significant liability” exceeding insurance coverage....
...Anonymous cash transactions by LLCs accounted for more than a quarter of purchases in 2015. The lights came on and......
...Mr Chesterman, a serial entrepreneur, made millions in 2011 by selling DVD rental service Lovefilm to Amazon for £200m....
...Allerton is an affiliate of Juan Ball’s ABS Capital, the same firm that had partnered with Mr Walter to buy the California mansion....
...The Wall Street Journal says Apple is exploring the idea of buying Tidal to bolster its service, although the deal would be more about acquiring its strong ties to popular artists such as Beyoncé, Kanye...
...services and the fares paid, and details of every safety incident involving its drivers....
...Two years later, as the dotcom bubble deflated, it was acquired for $12m by Yahoo, where Mr Goldberg led a challenge to Apple’s music service iTunes....
...Such firms are taking over the role that banks and insurance companies have played in recent years....
...The Santa Clara, California-based company now expects first-quarter revenues to range between $12.5bn and $13.1bn, compared with earlier forecasts for $13.2bn to $14.2bn....
...Driverless cars are still illegal in most parts of the world, despite changes permitting certain models in Google’s native California, and insurance and liability questions have yet to be settled....
...Some large investors have taken flight, including Calpers, the $288bn California public employees fund, which was one of the first US public pension plans to invest in hedge funds....
...Uber has denied responsibility because the driver was not carrying a passenger at the time, which means its insurance was not applicable....
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