Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...record, according to data collected by the University of Florida’s Jay Ritter....
...White & Case had been working with Hertz for years and was the easy selection for the Florida-based company as it entered bankruptcy....
...Further reading Florida Braces for a Storm of Homeowners Insurance Rate Hikes (Bloomberg) Food proves hard for ESG investors to digest (FT) Ocean Heatwaves Are Directly Linked to Climate Change (NY Times...
...Warnings are galore, too, with critics such as Republican US Senator Marco Rubio of Florida urging caution....
...But University of Florida professor Jay Ritter notes that 83 per cent of IPOs are now of lossmaking companies — more than when the tech bubble burst in 2000. What goes around . . ....
...Tom Leonardi A former Evercore banker and commissioner of insurance for the state of Connecticut, Leonardi joined last year as head of government affairs, public policy and communications....
...Lloyd’s of London swings into the red Lloyd’s of London reported its first loss in six years as a series of natural catastrophes took their toll on the insurance market....
...Privately, many top bankers said they resented the way Ms Warren’s wing of the Democratic party appeared to have taken control of financial policy....
...Olmstead v. United States....
...The Florida-based company, which also owns a small portfolio of retail property, has hired bankers and is expecting to receive initial bids in the next few weeks, according to people familiar with the matter...
...insurance, as well as investigations into foreign exchange trading....
...Insurance Supervisors (IAIS)....
...He has worked at the Florida comptroller’s office and also spent time at Progressive, the car insurance company....
...As in the re-insurance market, the long chain of CDS contracts may create unknown concentration risks....
...If growth in developed countries starts to look like a “U”, in emerging markets it already is a “V”....
...Bankers have been warning for some time that commercial real estate would be the next source of losses as the slowing economy forces companies to fall back on mortgage payments....
...But housebuilders, retailers and pub companies have all taken an axe to payouts. In the past week, Yell, the directories company, and, yesterday, Moss Bros have cancelled dividends....
...In the view of several present and former AIG executives, Mr Sullivan was a brilliant insurance man but the group had become much more than an insurance company and he lacked a deep understanding of the...
...Private-sector companies and individual bankers have been making huge profits in the bubble....
...That in itself would limit the number of Florida home hunters arriving at Mr Belenky’s door....
...“In Port St Lucie, insurance is cheaper, the cost of living is lower, and our overall standard and quality of life is higher....
...Do American women face the same hurdles in US academia?...
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