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...Risky business: EU’s insurance regulator has called for urgent action over mounting economic damage from natural disasters such as floods and wildfires....
...Penner, then partner and chief legal officer at hedge fund Jana Partners, disagreed, arguing that adopting universal proxy would not create “a flood” of activism....
...Fewer than 20 per cent of those in the counties worst affected by Ian had flood insurance, and may struggle to rebuild even with federal support....
...They claimed Santos had not consulted them on building a 300km pipeline through the Tiwi sea north of Australia, leading from the offshore Barossa gasfield to a liquefied natural gas processing plant in...
...Clothing manufacturer Under Armour told the SEC its new insurance policies jumped 26 per cent in 2021 for flood and property coverage....
...Yet high-profile insurance company bankruptcies are nowhere to be seen....
...“Droughts are impacting crops and hydroelectricity stocks while in other regions floods impact production.”...
...insurance....
...The problem now, which MoMo executives acknowledge, is that the app’s success has helped attract a flood of formidable competitors into the market....
...Gaps in unemployment insurance and delays in processing claims have also caused hardship. There have been multiple other failures to protect the weak, the vulnerable and the unlucky....
...Tiffany Powers, co-head of Alston & Bird’s insurance litigation team, said “a trickle” of business interruption lawsuits, relating to insurance policies compensating companies for income lost when operations...
...Lloyds said on Monday that it would be able to maintain its progressive ordinary dividend policy, but it suspended the remainder of its annual share buyback programme....
...“In line with normal practice, the board will give consideration to the distribution of surplus capital at the year end and continues to target a progressive and sustainable ordinary dividend,” Lloyds said...
...“After the gilded age came the progressive era, and we made real changes and we got things back on the rails. Maybe there’ll be another progressive era. Maybe?”...
...Let the financial regulators do away with subsidised flood insurance and the government remove itself from funding the perpetual rebuilding in disaster-prone areas, no matter the natural beauty....
...With double-digit total returns and below-average volatility, investors have enjoyed a solid performance this year, prompting capital to flood back into the asset class after a difficult 2018....
...And in war-torn Somalia, $1m raised from the diaspora helped to finance the creation of 14 companies and 230 jobs in fishing, agriculture and food processing....
...The Home Office announced last month that it was hiring an extra 240 staff in its Liverpool visa office to speed up processing times....
...This flood of beans has driven the arabica futures price — traded on the ICE and known as the New York “C” — lower....
...As are insurers, which are facing a potential increase in payouts as rising emissions trap heat and trigger floods, droughts, forest fires and heatwaves, as well as hits to their investment portfolios....
...The strategic blunder of deserting the EU with the most progressive climate policies in favour of deals with the US led by climate change deniers will become obvious....
...In the US, wind damage tends to be covered by home insurance but flood damage does not....
...Insurers say that AI can improve claims processing and help to spot fraud....
...While the Nairobi ministerial will be praised for reducing “export subsidies”, the rich countries still use a range of crop insurance and other insurance schemes, which have the same effect: small farmers...
...With gusts of almost 170 miles an hour, Hurricane Andrew generated a total insurance payout of $15.5bn when it hit Florida in 1992....
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