Hints and tips:
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...But the wider range of corporate attendees this year includes EY chief executive Carmine di Sibio, Microsoft president Brad Smith, Lloyd’s of London boss John Neal, and Volvo deputy chief executive Javier...
...Allstate cited the growing bill from wildfires as among the reasons it paused selling new home insurance policies in California last year....
...Last week, US insurer Allstate posted a net loss of $310mn in the fourth quarter as higher motor insurance prices were not enough to overcome increased claims costs and related increases in its reserves....
...The share price of two of the largest US car insurance companies — Take Allstate and Progressive — have fallen in the past month, reflecting the rising costs of underwriting auto insurance policies....
...Ecommerce site eBay, cleaning goods manufacturer Clorox, and insurance companies Allstate and MetLife report after Wall Street’s closing bell....
...Video of the day Coronavirus: can we protect markets and companies? As coronavirus has spread across the globe, markets have fallen sharply and entire industries have warned of imminent bankruptcy....
...By the end of February Ackman had bought insurance policies linked to $71bn of corporate debt....
...At long last, restructuring advisers at investment banks such as Evercore, Perella Weinberg, Lazard and Moelis & Company — as well as lawyers at the likes of Kirkland & Ellis and Latham & Watkins — have...
...Todd Combs’ recent promotion to lead Geico, the US car insurance company and one of the most important businesses inside Berkshire, has only raised his profile further....
...According to ESP, which compiles sponsorship data, big US insurance brands such as Geico, Allstate and State Farm devote more than half of their annual sponsorship budgets to sports....
...While young drivers such as Ms Smith can shave hundreds of pounds from their car insurance by installing telematics, the typical saving for her middle-aged peers in Britain is estimated to run only into...
...But the Tenet board dismissed the offer as “opportunistic”, saying it “grossly” undervalued the company....
...Investors overlooked the fact that the company missed analysts' forecasts as the company guided earnings estimates in the current quarter slightly higher than Wall Street's consensus....
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