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US insurance industry
The US insurance storm continues
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
August 3, 2023
Automobiles
What’s going on with US car insurance?
...Here’s what Tricia Griffith, the chief executive officer of Progressive, told investors and analysts in the company’s first-quarter earnings call....
May 26, 2023
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
News in-depthLabour Party UK
Starmer sets February 8 deadline to finalise draft Labour manifesto
...David Lammy, shadow foreign secretary, sought over the weekend to add detail to Labour’s foreign policy vision, which he summarised as “progressive realism”....
January 22, 2024
LexUS insurance industry
US P&C insurers: paradise lost as severe weather event hits Hawaii Premium content
...Yet shares of insurers such as Allstate, Progressive and AIG are down between 3 per cent and 22 per cent this year, while the S&P 500 has climbed 16 per cent....
August 15, 2023
News in-depthPost Office scandal
How Post Office lawyers pushed boundaries in UK sub-postmasters scandal
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
December 28, 2023
News in-depthDonald Trump
How did the most serious legal case against Donald Trump unravel?
...It would require leading a jury through a dense thicket of property valuations arrived at for banking, insurance, tax and marketing purposes....
March 29, 2022
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
US politics & policy
SVB collapse exposes fresh divisions over US banking reform
...Progressive Democrats this week heeded a call from President Joe Biden to “strengthen the rules for banks”....
March 16, 2023
News in-depthElectric vehicles
Welcome to Normal: the town that holds the keys to Rivian’s future
...“You don’t have this level of progressive thinking.” The company is now the second-largest employer in the metro area that includes Normal and neighbouring Bloomington....
May 8, 2023
News in-depthFlorida
A broken insurance market threatens Florida and its star governor
...Six companies had already fallen into insolvency this year as underwriting losses exceeded $1bn for the second consecutive year....
October 1, 2022
News in-depthUK economy
FT economists survey: ‘anaemic’ economy needs ‘investment, investment, investment’
...Howard Davies: A fundamental reform of property taxation, lowering stamp duty and making the council tax more progressive....
January 2, 2024
JAB Holdings Ltd
JAB tightens grip on US pet care market with insurance deal
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
June 20, 2022
FT Swamp Notes
The ‘shadow boxer on the street corner’ Premium content
...The story pits progressive politics against the practicalities of safety in the city....
December 12, 2022
US politics & policy
Biden urges Senate to pass Build Back Better bill without climate measures
...over drug prices for the first time under the publicly run Medicare insurance programme....
July 15, 2022
FT Swamp Notes
America alone on abortion Premium content
...health insurance.”...
June 27, 2022
The Future of Money
Payments and ecommerce tie the knot Premium content
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
May 30, 2022
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Mergers & Acquisitions
US to overhaul merger rules in crackdown on ‘unlawful’ deals
...Last year, the administration sued to block a $30bn tie-up between Aon and Willis Towers Watson, which would have created the world’s biggest insurance broker. The deal subsequently collapsed....
January 18, 2022
Moral Money
US companies reveal how climate change is increasing costs Premium content
...The company’s insurance carriers and brokers said a rise in natural disasters was one reason why insurance premiums shot up....
March 2, 2022
FT Magazine
Ron DeSantis is Donald Trump with brains and without the drama
...For progressives, the early days of the DeSantis administration were also earth-shaking....
October 20, 2022
Canada
Trudeau invokes emergency powers to clear trucker protests
...She also warned companies that authorities will freeze their corporate accounts and suspend insurance if their trucks are being used in the protests....
February 14, 2022
The Weekend Essay
The truckers who keep our world moving
...Charlie researched loads out of Ukraine — it would be worth the lorries being shot up, they said, for the insurance. They were not entirely joking....
May 20, 2022
The Future of Money
What is behind insurtechs’ disappointing IPOs? Premium content
...Companies that sell software to insurance groups have also fared better....
November 22, 2021
News in-depthJoe Manchin
A Democrat in Trump country: Manchin threatens Biden’s spending spree
...“If you want to spend a lot of money and not worry about the deficit then that’s a great deal,” said Mainella, a former state police officer turned insurance agent....
September 24, 2021
Energy Source
The commodities surge comes for oil Premium content
...Florian Thaler, OilX’s chief executive, said these refiners “have put in a real and proper V-shaped recovery . . . from the lows seen in August”....
September 28, 2021
The Art Market
Frieze buzzes with buyers for serious art
...Called Art Intelligence Global — or AIG, but not to be confused with the insurance company — they are joined by another former Sotheby’s senior staffer, Adam Chinn....
October 14, 2021
Letter
Letter: It’s time Europe stopped fetishising fiscal discipline
...Moreover, too little government spending can increase company bankruptcies and lead to less investment in research and development, hurting the supply side of our economies — potentially exacerbating inflationary...
June 14, 2021

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