Hints and tips:
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Send me your sob stories: robert.armstrong@ft.com....
...The third thing is that annuity sales have gone up for life insurance companies. Remember that when rates go up, annuities pay a higher return....
...Email us: robert.Armstrong@ft.com and ethan.wu@ft.com....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...this week when his company Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...Some lower-income households may already have run out of savings, as evidenced by rising subprime auto delinquencies and scattered signs of stress among companies and lenders that cater to the low end of...
...A few services categories look persistently hot, especially auto insurance....
...Prices of non-housing core services make up less than a quarter of the total inflation basket, and some, such as auto insurance, have been unusually, persistently hot....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...If you have a theory about footwear-specific investment risks, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Hartung pointed to the bureaucracy facing businesses within the 27-country bloc, such as the process of filling out A1 social insurance forms as an “issue”....
...Catastrophe insurance is a leading indicator....
...Cars are highly taxed there, so his Mercedes E-Class E200 had cost him $125,000 — the same car in Switzerland, where auto taxes are far lower, costs around $50,000....
...Shipping insurance was needed to underwrite the buyers who, under the US-led sanctions regime, were legally allowed to buy some threshold of oil from Iran....
...“I didn’t like the auto business,” Munger recalls. “It’s difficult to make a fortune in the auto business.” But, “it worked so well, the early investment in BYD was a minor miracle”....
...Since auto-enrolment was introduced in 2012, the proportion of eligible private-sector employees contributing to a pension has risen from one-third to three-quarters....
...For motor services, computer vision has implementation far beyond insurance: Auto parts providers use Tractable’s scans to help them decide which salvage vehicles to buy, and rental companies use the technology...
...But his latest attempt to capture retailing magic has descended into a debacle emblematic of the boom and bust in blank-cheque companies....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...Several of the worst-performing companies in the index, including Hippo and Root, focus on personal lines of insurance such as home and auto....
...“Other companies that you think might have big consumer markets share — the auto companies, the soft drink companies, the beer companies — they have massively more consumer share [than BofA],” he said....
...In 16 years with the bank, she also ran its auto lending operations and worked in its mortgage division....
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
International Edition