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...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...Shares of companies with large auto-insurance businesses — ones that trade without the protection of Warren Buffett’s imprimatur, at least — have started to reflect those issues....
...Our research into the $15tn homeowners’ insurance market finds this phenomenon is a result of state-level price regulation, a pervasive feature of the market....
...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...
...COP28 president Sultan al-Jaber is also the boss of the Abu Dhabi National Oil Company....
...ADQ, a state holding company chaired by (you guessed it!)...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...His name is Sheikh Mohammed bin Zayed al-Nahyan . . . He is one of the most powerful men on Earth, and yet the ruler of the United Arab Emirates maintains a relatively low profile on the world stage....
...Job moves United Arab Emirates president Sheikh Mohammed bin Zayed al-Nahyan has named his eldest son Sheikh Khaled crown prince of Abu Dhabi and promoted three of his brothers including Sheikh Tahnoon,...
...Ecommerce site eBay, cleaning goods manufacturer Clorox, and insurance companies Allstate and MetLife report after Wall Street’s closing bell....
...Now see the many state attorneys-general (acolytes, no doubt of Alito et. al.) who want to sanction corporations that adopt ESG....
...company....
...The SEC charged the United States Oil Fund, the exchange traded product at the centre of last year’s sub-zero oil market meltdown, and its partner United States Commodity Funds, for “misleading statements...
...As Richard Masters, chief executive of the English Premier League, quipped this week, at least England is “confident” of a winner in this one after Manchester United’s underwhelming penalty shootout loss...
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...The case, Brown et al. vs USA Taekwondo et al., deals with sexual abuse suffered by three young former Olympic hopefuls in taekwondo, whose coach was convicted and sent to prison in 2015....
...In the UAE, the state and about 14 companies, including Al Dahra, co-ordinate overseas projects under the umbrella of a “food security alliance” set up in 2015, and have invested in 19 countries, including...
...The settlement was less than the $20bn a group of insurance claimants - including the likes of AIG, Allianz, Allstate, Farmers Insurance Exchange and hedge fund Baupost Group - had sought, prompting some...
...Plus, a rift is deepening in the insurance industry over the costs of the pandemic....
...“The fact that [David] Cameron, [Jeremy] Heywood (the most powerful civil servant) et al did not understand many basic features of how the world works is why I and a few others gambled on the referendum,...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Certainly, the food remains classic and lush (guinea hen with truffles and Madeira et al), and the prices remain high to the point of becoming a sort of performance art....
...We should also note this guy, who’s doing his thing: A reminder that Donald Trump, who despite everything remains The Actual President of the United States, tweeted on April 2 that a deal to end the oil...
...In a room in the United States this summer, a paragraph of text was changed that heralded a remarkable shift....
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