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)....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...But one of the jewelled eggs was bought in 2004 by the now sanctioned oil and gas mogul Viktor Vekselberg, who later passed its ownership to a company registered in Panama, Lamesa Arts Inc; it is usually...
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...(BBG) Diversity push Companies usually choose big-name banks like JPMorgan, Bank of America and Citigroup for bigger roles on bond deals — but the insurance company Allstate has hired solely banks owned...
...But the likelihood of the rebuilding effort that could follow such a storm propped up home improvement companies such as Home Depot and Lowe’s....
...Two of the biggest US insurance companies have racked up hundreds of millions of dollars in losses from recent storms as extreme weather across the country continues its costly run....
...That followed gains of more than 2 per cent for both companies on Monday....
...These include maintenance, depreciation, security, IT, insurance, theft, regulation and developer costs, and must all be passed on to fleet managers in a shared-mobility model, cutting into affordability...
...Fitch notes the five groups with the biggest homeowners insurance exposures, are: State Farm Group, Heritage Insurance Group (including Hawaii focused Zephyr Insurance Company), USAA Group and Allstate...
...By classifying drivers as independent contractors, Uber does not have to pay costs for benefits such as health insurance and sick leave that they must offer employees....
...But it is not the only insurance company with a financial interest in sport....
...Insurance executives in London meanwhile said the reforms could slow down the flow of business to insurance centres outside the US....
...In the middle, the company has further debt at intermediate holding companies — such as “Altice Luxembourg”, an entity that sits above the company’s French and international businesses and has €6.2bn of...
...Higher payouts for claims at the car insurance company Geico were among the culprits, along with losses that Berkshire recorded as a result of its $10bn underwriting agreement with AIG....
...A version of this article was first published by the Nikkei Asian Review on April 20, 2018. ©2018 Nikkei Inc. All rights reserved....
...Allstate, Travelers and Progressive were all down less than 1 per cent....
...While it’s true rental companies can bring some economies of scale to the market — taking advantage of location, maintenance, insurance, cleaning and vehicle financing synergies — what they gain in those...
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...V&A’s robot-made web London’s Victoria and Albert Museum, has launched a season of exhibitions and events focused on the “unsung role” of engineering in society....
...Among the many tradeoffs emphasised by economists are guns v butter, public v private, efficiency v equity, quality v quantity or cost and short-term v long-term performance....
...We also need the tech companies to acknowledge the disruption they cause and do far more to benefit all aspects of our lives. john.thornhill@ft.com...
...Potts, a leading company law advocate, drew attention to the famous case of Carlill v Carbolic Smoke Ball Company....
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