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...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
...], and/or businesses entities with which [Troost] is associated”, states the contract, dated February 26....
...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
...In the UK, the median cost of home insurance policies rose 36 per cent over 2023, according to Go Compare. In America, some states have experienced 40 to 60 per cent increases since January last year....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Hielkema said any pan-EU scheme would need to be carefully calibrated to make sure individual states are pulling their weight on adaptation measures, among other considerations....
...New York-listed Chubb will pay $350mn to the US state of Maryland, as insurers start to cover the collapse of Baltimore’s Key Bridge in March....
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...But state-backed insurers of last resort, which have expanded as private insurers pull back from some areas, are also big buyers of reinsurance....
...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 order from the appeals court provided a significant reprieve for Trump, who had been rushing to secure the cash for a bond after several insurance companies refused to accept his real estate holdings...
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...The tide of money flowing into Indian healthcare also illustrates the widening gulf between the country’s expanding private networks and the parlous state of its underfunded public hospitals....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
...After all, the money centre banks (which sponsored enactment of the FSIA), trust companies, and major law firms were all headquartered there....
...In 2006, New York State resident Martha Barotz was paid $150,000 upfront by Life Accumulation Trust III (LATIII), which took out insurance that would pay out a $5mn lump sum on her death....
...,” which is Florida’s state-run insurance company....
...from state-owned insurance companies....
...This has already occurred in home insurance relating to climate, with US states including Florida providing cover for homeowners who are unable to get it; the UK’s Flood Re is a joint government and industry...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...He declared a state of emergency. Video footage showed a section of the Francis Scott Key Bridge collapsing at about 1.30am local time. The bridge was first opened in 1977....
..., transporting 15 per cent of America’s natural gas and serving 13mn customers....
...It has not been an ordinary year in the First State. About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...Officials privately warn of hundreds more dismissals at state companies this month....
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