Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...As always, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for other companies to cover, trends to follow or general tips....
...“I’m not saying I can beat Allstate,” Wand says, referring to the 89 year-old, $35bn market cap insurance group....
...Eric Yuan, chief executive, claimed the company was moving from being “a killer app company to a platform company”....
...But it is not the only insurance company with a financial interest in sport....
...“When they fill out the insurance claim, they will be asked if they are running a business from the property.”...
...“At our location in New Jersey about half of people would take their lunch upstairs to eat at their desks,” says Jack Cox, the pharmaceutical group’s head of media....
...Now cat bond rates are low enough that large private companies such as Allstate or State Farm can lay off the risk of a devastated Miami on to the capital markets....
...Given the importance of quality that regulators are intent on ensuring, it’s an insurance policy.”...
...Jack Weingart, co-head of TPG’s funding group, is a rising star. But none has the charisma of Mr Bonderman....
...But universal coverage is also a theme in many poorer countries too: from China, which is gradually spreading insurance from urban to rural areas, to Ghana, which has launched a national social insurance...
...The Allstate insurance company fell 4 per cent this week, while Travelers slid 2.7 per cent....
...Joe Jimenez, chief executive, says: “We allocate resources based on the level of unmet medical need rather than the size of the market....
...Dispensing with such bonhomie, however, some fans viewed England v the US as something of a grudge match....
...Home Depot, the home improvement retailer that sponsors the US national football team, is also backing Univision’s match coverage, along with McNeil’s Tylenol and Allstate Insurance....
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