Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Each of the 30 lorries apparently carried an insurance value of up to $200mn....
...Kevin Rideout, co-head of sales and marketing at HKEX, said the exchange could extend the waiver for another six months without regulatory approval....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...(BBG) Diversity push Companies usually choose big-name banks like JPMorgan, Bank of America and Citigroup for bigger roles on bond deals — but the insurance company Allstate has hired solely banks owned...
...Insurance shares took a hit on Monday as officials warned on the “potentially catastrophic” impact of Hurricane Florence, a major storm that could hit the east coast of the US as early as Thursday....
...The updates from Travelers and Allstate could signal weakness across the sector as earnings season gets under way....
...Meanwhile, insurance providers attempted to recoup some of their recent losses stemming from fears of the “potentially catastrophic” impact Florence could have....
...These include maintenance, depreciation, security, IT, insurance, theft, regulation and developer costs, and must all be passed on to fleet managers in a shared-mobility model, cutting into affordability...
...Insurance Group, as well as Honolulu-based insurer First Insurance Co of Hawaii (owned by Tokio Marine Holdings Inc.)....
...By classifying drivers as independent contractors, Uber does not have to pay costs for benefits such as health insurance and sick leave that they must offer employees....
...According to ESP, which compiles sponsorship data, big US insurance brands such as Geico, Allstate and State Farm devote more than half of their annual sponsorship budgets to sports....
...Insurance executives in London meanwhile said the reforms could slow down the flow of business to insurance centres outside the US....
...CDL v Millennium hotels: Singapore stand-off A simple question sits at the heart of a battle between one of Singapore’s richest men Kwek Leng Beng and a group of investors in UK-listed Millennium & Copthorne...
...“You can see Geico and Progressive have been picking up share at the expense of Allstate,” he added. “They have been aggressive and there is a penalty for that.”...
...A version of this article was first published by the Nikkei Asian Review on April 20, 2018. ©2018 Nikkei Inc. All rights reserved....
...Allstate, Travelers and Progressive were all down less than 1 per cent....
...For anything else unexpectedly impacting resale value there was insurance and/or customer liability....
...Among the many tradeoffs emphasised by economists are guns v butter, public v private, efficiency v equity, quality v quantity or cost and short-term v long-term performance....
...V&A’s robot-made web London’s Victoria and Albert Museum, has launched a season of exhibitions and events focused on the “unsung role” of engineering in society....
...Silicon Valley may have an image as a haven of libertarianism but some are surprisingly keen on the idea of greater social insurance — such as a “citizen’s” or “basic” income — to be funded by a digital...
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
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