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...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Bulk annuity sales, as these deals are known, should pick up from around £28bn in 2022 to £80bn by 2027 say pension consultants LCP — good news, you’d think, for insurance companies that specialise in annuities...
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Japanese company Sumitomo, for example, is building a £350mn factory in Nigg, northern Scotland, to manufacture high-voltage subsea cables to tap into the growing demand from the offshore wind sector....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Likewise, as progressive economist Joseph Stiglitz points out in his new book (see my recommended reading below), freedom is something that progressives need to talk more about as well....
...at specialist caravan insurance provider Compass....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...You might be able to get a new phone on insurance, restore your data from the cloud and have stolen money refunded....
...A blank-cheque company has abandoned an attempt to raise up to £300mn from London stock market investors for a new insurance venture, in a setback for the UK market....
...It’s not a shock that corporate debt markets are healthy right now — economic growth is rolling along and rates markets are no longer pricing in recession, reducing companies’ incentive for waiting — but...
...The companies also rallied on Toronto’s main stock index, where they are dual-listed....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...He said the best course of action for companies was to wait and see how the issue plays out in court....
...In response, the consultancy expects home insurance prices to rise by 36 per cent over the two-year period....
...However, its progressive, arty culture means many people never want to leave — among them are Jo Spiro and her husband, Sean Morrow, who moved to Norwich 28 years ago....
...Here’s what Tricia Griffith, the chief executive officer of Progressive, told investors and analysts in the company’s first-quarter earnings call....
...Combs’ background is insurance; the 53-year-old got his start at Progressive....
...Last week the company criticised Brazilian judges’ orders for it to censor “certain popular accounts”....
...Surging UK insurance premiums for electric vehicles pose a risk to their widespread adoption, analysts have warned....
...Travel insurance cases, meanwhile, more than doubled since last year to 1,101, the highest figure for travel insurance complaints in more than a decade....
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