Hints and tips:
Related Special Reports
...also come under pressure because US regulators have pushed insurance group A-Cap to cut exposure to the group....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...Moshiri has been battling to keep funding Everton’s new stadium since the pandemic battered the club’s finances and Russia’s war on Ukraine forced him to cut sponsorship deals with companies associated with...
...This drives scarcity and increases both its prices and the resale value of its cars, helping the company enjoy the best margins in the auto industry....
...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!...
...The firm’s ties to A-Cap, an insurance group led by chief executive Kenneth King, have also raised concerns....
...this week when his company Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...Boehly, Eldridge’s co-founder and chief executive, led a group in 2022 that bought Chelsea Football Club in a high-profile £4.25bn deal....
...Robinson and other experts have likened the probe to the payment protection insurance scandal, which dates back to the 1990s when banks mis-sold insurance to millions of customers, leading banks to later...
...The company disclosed that its auto insurer Geico had passed along higher rates to customers and had suffered fewer claims, lifting its results....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
...Led by Marc Puig — the group’s chair, CEO and a third-generation member of the family — the company is transitioning its ownership structure....
...At a news conference earlier today, the chief executives of the two groups said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
...The attorney-general’s lawyers further claimed Knight Insurance sent “100 per cent of its retained insurance risk to affiliates in the Cayman Islands”, where “lax regulations” allowed the company to bolster...
...Meanwhile, President Joe Biden is expected to join the picket line with the United Auto Workers in the state of Michigan today. It’s a historic move for a sitting US president....
...However, it remains unlikely that shipping companies will return to the Suez Canal, security experts say. 4....
...In the wake of the probe, authorities have turned a closer eye on Singapore’s most affluent residents, visiting auto dealerships and real estate groups and warning in October that luxury assets including...
...Besides credit card debts, Blackstone has picked up home improvement loans, auto loans and loans financing rooftop solar power....
...The UAW also wants all workers to be paid on the same wage scale, which the companies oppose....
...Ford has suspended construction of a $3.5bn electric battery manufacturing plant in Michigan, US, amid controversy over the plan and an auto workers’ strike....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
International Edition