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...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....
...In the days after the disaster, the chief executive of the Lloyd’s of London insurance market called on the various insurers, including Chubb as the lead insurer for the bridge, to pay out quickly and then...
...A string of big home insurers have halted new business in California, for example, in response to a surge in extreme weather losses....
...But in a statement early on Thursday, the company expressed regret over the tragedy....
...most of the rise in transportation-services costs: car insurance!...
...Buffett has long heaped praise on Apple’s management team and in 2022 he described the company as one of Berkshire’s “four giants”, alongside its insurance operations, the BNSF railroad and its energy and...
...Life insurance policies are freely transferable but if the benefactor has no familial connection to the deceased they can be voided. In most states, an insurer can sue a benefactor to void a policy....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...into bank parent companies....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...That deadline is what makes this entire situation interesting (outside of this blogger’s inexplicable interest in insurance)....
...The attorney-general’s office added Knight’s management had been “found by federal authorities to have operated affiliated companies within KSIC’s holding company structure in violation of federal law on...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Exclusive: Regulators in two US states are pushing insurers to cut exposure to 777 Partners, according to an official memo seen by the Financial Times....
...Although the Federal Insurance Office, operating within the Treasury, was given the authority to collect data on the US insurance market by the post-financial crisis Dodd-Frank Act in 2010, it lacks supervisory...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...the company in as many years....
...In the filing, IAG also claims that Marsh, the world’s biggest insurance broker and the company that placed Greensill’s cover with insurers, “ought reasonably to have known” that the wording of a key 2019...
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...,” which is Florida’s state-run insurance company....
...The federal government will — according to President Joe Biden. The cost is as yet unknown. The insurance sector is expecting a hefty bill....
...“We have no choice,” said Axa’s then boss Henri de Castries in 2015, as the French insurer announced plans to shun investments in coal companies....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...to buy the lender from the Federal Deposit Insurance Corporation....
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