Hints and tips:
...— Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...With our emphasis: We saw higher-than-expected severity trends in previously closed claims in personal auto primarily in fixing vehicle coverages....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...It has also begun to manage the debt portfolios for large insurance companies, including AIG and Allstate....
...Ecommerce site eBay, cleaning goods manufacturer Clorox, and insurance companies Allstate and MetLife report after Wall Street’s closing bell....
...thing to start: Boutique investment bank Perella Weinberg Partners, founded by Joe Perella (below) and Peter Weinberg, is in talks to take its advisory business public via a special purpose acquisition vehicle...
...The company plans to return £25 per vehicle insured to customers....
...American Family has made a similar move, promising to pay back $200m via a one-off payment of $50 per vehicle....
...(FT) News round-up Allstate to acquire rival insurer National General for $4bn (Wall Street Journal) Itochu makes $5.4bn bid for rest of Japan’s FamilyMart (BBG) Solar deal would create a new industry...
...One of its first pieces takes apart how Allstate’s auto insurance algorithm squeezes big spenders. Tech tools — Brave browser goes Wayback Tired of those 404 Not Found errors?...
...It is a far cry from the heyday of Sears, whose interests once spanned the Allstate insurance company and naming rights to an eponymous 1,450-ft tower in Chicago....
...Mr Cowdery’s Delaware-incorporated vehicle first acquired Lincoln Benefit Life from AllState for $600m in 2013, when it was placed into run-off — accepting premiums on existing policies only....
...According to Mr Shields big names such as Liberty Mutual and Allstate are relatively underweight in Florida given their experience there....
...He sold his first vehicle to Hugh Osmond’s Pearl, which has become the FTSE 250-listed Phoenix....
...Foreign-owned winners also include Allstate Northern Ireland, which provides IT services to its US insurance parent: it receives a Sustainable Development award....
...Mr Cowdery’s Delaware-incorporated vehicle, Resolution Life Holdings, beat private equity bidders for the 75-year-old insurer, which was put up for sale by its parent Allstate....
...Last month it made its first acquisition, with the $600m purchase of Lincoln Benefit Life in the US from Allstate....
...The insurance companies, which also include Allstate, Farmers Insurance, and Progressive Group, have until February 17 to give Mr Waxman’s committee any reports, briefings or presentations they gave to the...
...A special vehicle is being set up to take over the billions of dollars in illiquid credit default swaps and mortgage-backed assets owned by AIG....
...A special vehicle is being set up to take over the billions of dollars in illiquid credit default swaps and mortgage-backed assets owned by AIG. The taxpayer is going to do very well out of this deal....
...Allstate, the insurer and largest property casualty in Florida, rose 1.9 per cent to $47.91....
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