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..., New York and New Jersey....
...Faisal Mairaj knew he was buying a house in a flood zone when he purchased a rental property in Manville, New Jersey, in 2016....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Chart of the week Share buybacks on the US stock market have dropped to the slowest pace since the early stages of the Covid pandemic as rising interest rates undermine the incentive for companies to purchase...
...Gaps in coverage are already emerging: US companies State Farm and Allstate have stopped accepting new home insurance policies in California thanks to the state’s wildfire risk....
...Allstate cited the growing bill from wildfires as among the reasons it paused selling new home insurance policies in California last year....
...He almost forwent university before eventually securing a place at Rutgers in New Jersey, where he graduated with an economics degree before getting an MBA from Columbia....
...They say new owners can help companies streamline their operations, pushing them to become more competitive....
...Cross River Bank, a A New Jersey-based start-up backed by top venture capital firms, originates Affirm’s loans, while the buy-now-pay-later group then manages the relationship with the customer....
...It’s nice to get flashy new kit, for example, but it also turns guests into rolling billboards — there are more logos on my jersey than a pro’s....
...Imports at New York and New Jersey — the third largest in the country — were 26.4 per cent higher for the year to August than for the same period in 2020....
...equity tax loophole (FT) Big tech companies snap up smaller rivals at record pace (FT) Brookfield makes $7bn takeover bid for Australian energy group AusNet (FT) UK energy supplier Bulb in talks to secure...
...But Steve Roth, the winner, made way for him after soon growing frustrated with the bureaucrats at the Port Authority of New York and New Jersey, which controlled the property....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...Maryland, Texas and New Jersey had the steepest declines....
...It said companies were facing challenges bringing staff back to work, because of health concerns, the difficulty in obtaining child care, and “generous unemployment insurance benefits”....
...Jersey fundraiser the following day....
...However, these figures understate the risk to market dividends in our view given that they largely exclude Energy and Insurance where there have been few company comments at this stage....
...Amodo Insurance companies such as AIG, Triglav, and P&V are using data analytics from insurance telematics company Amodo to learn about customers’ driving habits and offer bespoke pricing on motor insurance...
...The company will now look to raise c.$200M in new equity to complete the deal....
...A V-shaped recovery in kneecaps isn’t in the price, they say....
...Only a handful of companies have liquidity issues by 2021,on our estimates –assuming credit cannot be rolled....
...Royal Dutch Shell, an energy company that can’t advertise in The Guardian, is down after saying it’ll slow the pace of share buybacks....
...pace....
...If we are concerned about anything it might be the customer rebooking pace which they noted is ~45%....
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