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...After years of experiencing gentle inflationary increases in insurance premiums, many homeowners are now getting an unwelcome surprise as they open their latest bills....
...The insurance sector is expecting a hefty bill....
...The act has resulted in tougher reimbursement talks between medical groups and the insurance companies that pay the bills, and meant cash flows have become harder to predict, or even dried up in some cases...
...Insurance groups are now bracing themselves for billions of dollars of losses stemming from the accident, with reinsurers likely to foot the bill in a legal fallout expected to last for years....
...“It is a context-dependent decision,” said Magill, who on Saturday evening resigned from her role at Penn....
...If insurance companies and friendly billionaires think he is too big a credit risk, who might help him out instead? What sort of collateral could Trump offer in return?...
...Alongside America’s highways, billboards jostle for drivers’ attention....
...Globally, insurance companies manage assets of about $44tn, according to the International Association of Insurance Supervisors....
...“If big insurance companies and friendly billionaires think he’s too big a credit risk, who might bail him out instead? What sort of collateral could Trump offer in return?”...
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...company owned by T Rowe Price....
...One good read Fiona Hill: “Ukraine has become a battlefield for America and America’s own future.”...
...Corporations, meanwhile, get a chunk off their tax bill....
...a borrower is at least 30 days late, according to filings to the Federal Deposit Insurance Corporation....
...Akin Gump has hired Bill Brady as a partner in its special situations and private credit practice in New York....
...The company could do a debt-for-equity swap or it could even renationalise. But the stakes are high. Consumers will likely have higher bills to pay and investors could lose a lot of money....
...In privatised America, it’s starting to seem like utilities and insurance costs are the way everyone pays to fix yesterday’s mistakes....
...In its half-year results on Wednesday, FTSE 100 insurer Hiscox said natural catastrophe reinsurance prices in North America were up 43 per cent....
...The company, which boasts a towering $432bn equity value, is far more diversified than its peers....
...Trump would say he was even wealthier than the insurance companies, and suggest that he might self-fund his insurance — unless they could provide a compelling offer, Cohen said....
...LA mogul class Music industry giant Jimmy Iovine and rapper Dr Dre are hoping to shake up education in America’s underprivileged cities, reports the FT....
...He joins from Paul Hastings, shortly after colleague Bill Brady made the same move. Skadden has hired James Fredricks to join its antitrust and competition group in Washington, DC....
...Letter in response to this article: America’s betting laws have had ‘intended effect’ / From Bill Miller, President & Chief Executive, American Gaming Association, Washington, DC, US...
...There is also money, thanks to a rail-friendly Democratic US president and his signature infrastructure bill....
...The rapid success of weight-loss drugs is not only transforming the pharma industry but also disrupting the business models of companies in industries ranging from fast food to insurance to health and fitness...
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