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...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...He says his family has owned farm land in Mississippi for nearly 100 years and he wants to continue that tradition. ‘In Mississippi, your land is your legacy....
...The insurance sector is expecting a hefty bill....
...It is not just rising base rates that are to blame: credit card companies have increased the margin they add on to a record high, the Consumer Financial Protection Bureau found last month....
...Having outperformed other financials last year, the S&P Property & Casualty Insurance index is down 7 per cent so far this year. That compares with the S&P 500’s 15 per cent gain....
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...If the CFPB’s funding is unconstitutional because it is not appropriated, well then so too is that of the Federal Reserve itself, as well as the Farm Credit Administration, the Federal Deposit Insurance...
...If El Niño brings drier days to Australia, it might benefit the country’s big insurance companies....
...It’s fascinating that State Farm, one of America’s largest insurance companies, has announced that it’s going to stop selling coverage to homeowners in California....
...His central idea was to turn the Dnipro into an agricultural logistics artery similar to the Mississippi in the US....
...These included a wind farm and a steel mill in India, a Singaporean energy company called Ultravolt, and an engineering group, Hangji Global....
...They will have two payday lenders owned by the same company, on the same block, with different signs, pretending like they're different companies. So that's a model that is used....
...A credit default derivative is insurance you take out on a broad sector like mortgages, or it could be on an individual company like IBM or GE....
...The government push extends to reforming so-called Solvency II rules, adopted while Britain was in the EU, to allow insurance companies to invest billions of pounds more in infrastructure....
...Leslie HookWe reported at the FT in collaboration with the Bureau of Investigative Journalism that one of the biggest insurance groups in the world, Marsh McLennan, had actually signed on to provide reinsurance...
...It wouldn’t accept insurance or take money from pharmaceutical companies. And it would have its own medical advisory council as an alternative to the US Centers for Disease Control and Prevention....
...Fintech companies in the insurance sector are among the biggest casualties in the recent sell-off of tech stocks, as investors ditch high-growth businesses for those that generate reliable prospects....
...Companies This is a week for insurance earnings reports....
...But the next day, Italy’s labour minister announced that the Mississippi State University demographer and statistics professor would lose his Italian state job....
...He was in demand as a businessman — governor of one insurance company, director of another and chair of a new technology start-up (the wrong technology as it happened, his oil gas company losing out to coal...
...Global economy Today’s non-farm payroll data — the key measure of US employment — suggested the labour market recovery was slowing....
...For the past nine years, Jessica Tucker has earned $7.50 an hour working at a bulk laundry company in Greenville, Mississippi, which services several hospitals in the state as well as neighbouring Louisiana...
...“There will inevitably be casualties,” said Mr Reed....
...Bureau Federation, the industry lobbying group....
...Of the $92.5bn in net farm income this year, $22.4bn will come from government payments and another $6.5bn will be net payouts from government-backed insurance policies, the latest forecasts from the US...
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