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...The analysts at Employ America have also highlighted auto insurance’s role in the recent gap between the CPI and the Fed’s favoured PCE indicator — and reckon that part of the gap could very possibly narrow...
...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....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...,” which is Florida’s state-run insurance company....
...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....
...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....
...Japan’s state dealmaking Is Japan back to the era of state interventionism?...
...I have a high allocation to the United States because my United States exchange traded funds have outperformed everything else I got....
...But the . . . what would Joe Nye used to call the soft power of the United States? That’s the way the United States would influence global affairs, right?...
...“It is about black Britain and what it is to be working class,” he says of his Converge gilet, for example, which was acquired by the V&A for its collection in 2021. “It is descriptive of urban life....
...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...
...Rick Rieder, chief investment officer of global fixed income at BlackRock, which manages $9.4tn, said he had become more pessimistic about the state of the US economy in recent weeks....
...Globally, insurance companies manage assets of about $44tn, according to the International Association of Insurance Supervisors....
...California regulators have barred Cruise’s autonomous vehicles from the state’s roads and accused the company of misrepresenting details about an accident, dealing a sharp setback for the General Motors-owned...
...He and other local activists say they will step up their campaign to halt LNG developments by not just opposing their planning and licensing but also targeting the banks, private equity and insurance companies...
...Commodity shocks threaten the energy transition The commitment by the United States and its allies to accelerate global decarbonisation is both laudable and necessary, but the transition provides adversaries...
...The state of California itself supported the creation of a specialised insurance fund to socialise risk. Claims against Hawaiian Electric may be trickier to resolve. The population is smaller....
...Gaps in coverage are already emerging: US companies State Farm and Allstate have stopped accepting new home insurance policies in California thanks to the state’s wildfire risk....
...The barrier to this driverless future is lack of cohesive regulation. The CPUC’s decision has no bearing on other states. Nor has it provided a new framework for safety....
...The poll was published as Zelenskyy prepares for a meeting with Joe Biden tomorrow in Washington to “underscore the United States’ unshakeable commitment” to the country’s war effort, according to the White...
...Bank of America boss Brian Moynihan and Standard Chartered’s Bill Winters....
...According to official records, the SCF Primorye is managed by Sun Ship Management, a Dubai company already sanctioned by the EU and UK for being part of Sovcomflot, the state-backed Russian tanker fleet....
...We all know it is better to have that loss taken than jeopardize the credit of the United States Government or to put the United States Government further in debt, and therefore, the one objective is going...
...“Institutions — whether fintechs or traditional banks — started to know these people better in terms of income [and], after a while, began to offer them credit, insurance and investment products,” he says...
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