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Showing results for Allstate Fire & Casualy Insurance Company

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Viewing results 1‒25 of 2011

Signa Holding
Signa creditors push to oust management over property fire sale fears
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
February 28, 2024
UK housebuilding
UK sends Canary Wharf landlord first cladding bill under new powers
...The Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
March 28, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
UK insurance industry
UK insurance brokers back move to cut costs for leaseholders
...due to fire-safety issues....
October 29, 2023
Insurance
Auto-insurance costs rear their ugly head yet again
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
February 13, 2024
US insurance industry
Allstate is a BBB credit now
...We believe the company continues to face catastrophe risks in its homeowners business line in the third and fourth quarters of 2023 mainly from wind and fire disasters that could further erode earnings,...
August 14, 2023
UK insurance industry
UK home insurers hit by surge in weather damage claims
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
April 14, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
The FT ViewThe editorial board
The painful rise in home insurance costs
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
April 1, 2024
Barclays PLC
Barclays offloads US credit card debt to Blackstone
...Barclays operates a partnership model in the US market, running co-branded credit cards for 20 companies including The Gap, JetBlue Airways and the AARP....
February 27, 2024
US insurance industry
The US insurance storm continues
...Fitch downgraded Allstate’s holding-company credit to BBB+ from A- earlier this year, citing “sharp underwriting result deterioration”....
August 3, 2023
LexUS insurance industry
US P&C insurers: paradise lost as severe weather event hits Hawaii Premium content
...Moody’s estimates the insured losses from these fires will exceed $1bn. In the US, insurers have aggressively raised prices of premiums....
August 15, 2023
LexElectric vehicles
Electric vehicles: insurers balk at battery fires and write-offs Premium content
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
October 28, 2023
Donald Trump
The subprime-loan billionaire behind Trump’s $175mn bond
...Hankey may be playing with fire again....
April 2, 2024
Helen Thomas
The insurance world is flirting with its climate doom loop
...California last month struck a deal with insurance companies to continue writing policies for property in disaster-prone areas, after big US names such as State Farm and Allstate stopped issuing any new...
October 11, 2023
LexUS insurance industry
US insurers/climate change: less reliable models augur poorly for policyholders Premium content
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
June 28, 2023
The FT ViewThe editorial board
Financial stability in the last mile
...Next, the shadow banking system — an assortment of financial institutions ranging from hedge funds to insurance companies — still lacks the liquidity to weather price adjustments, according to the FSB....
April 22, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Automobiles
What’s going on with US car insurance?
...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....
May 26, 2023
Greensill Capital
Greensill insurer IAG turns fire on rivals in battle over investor losses
...supply chain finance company had should pay out....
November 2, 2023
Pension Insurance Corp Ltd
Apollo, Carlyle and KKR weigh bids for Pension Insurance Corporation
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
December 14, 2023
Due Diligence
Barbarians at the toll road Premium content
...the company in as many years....
March 26, 2024
Insurance
Insurance prices will keep rising for ‘a couple of years at least’
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
June 18, 2023
Blackstone Group LP
Blackstone combines internal units as it sets sights on ‘next $1tn’
...The company said the head of its insurance operations, Gilles Dellaert, would lead the combined unit....
September 13, 2023
US inflation
Car insurance! Again!
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
June 14, 2023
UK insurance industry
UK home insurance prices set to jump after dire year for underwriters
...By contrast, the amount paid in claims during the quarter was up 11 per cent, as insurers paid out to cover fire, theft, weather, water leaks, and other events....
October 29, 2023
FT Money personal finance guides
Why are my insurance costs rising — and what can I do?
...Insurance companies have pushed up the costs of protecting homes, cars and valued possessions from loss and damage....
November 2, 2023
Climate change
Lloyd’s of London warns insurers climate-related pain is still to come
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
October 22, 2023

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