STEVE POIZNER, as Insurance Commisioner of the State of California | Search

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Showing results for STEVE POIZNER, as Insurance Commisioner of the State of California

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Climate change
Lloyd’s of London warns insurers climate-related pain is still to come
...The move has already caused ructions among direct insurers, contributing to the decisions of insurers such as State Farm to stop underwriting new home cover in California....
October 22, 2023
Climate change
EU regulator urges action on climate threat to insurance
...Petra Hielkema, head of Eiopa, which supervises the bloc’s insurers, said a steady rise in losses from natural disasters such as floods and wildfires needed to be addressed by firms, member states and broader...
April 22, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...After a rainy start to the year, the hillsides were, unusually, brilliant green. Bright orange poppies, California’s protected state flower, dotted the verges....
April 20, 2024
OutlookChristopher Grimes
LA music mogul pair try to teach inner-city kids to think like Steve Jobs
...So they launched a programme at the University of Southern California in 2013 to create a new approach to learning that combined tech, design, business and the arts....
March 6, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...In wildfire-prone California, large insurers, including State Farm, have paused new applications....
April 1, 2024
US politics & policy
California primary race reveals splits among Democrats
...But Mike Madrid, former political director of the California Republican party, said he expected these intraparty rifts to diminish by the general election in November as Democrats’ focus turned to defeating...
March 4, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Insurance
Auto-insurance costs rear their ugly head yet again
...most of the rise in transportation-services costs: car insurance!...
February 13, 2024
The Big Read
The uninsurable world: what climate change is costing homeowners
...Several big US insurers, including State Farm and The Hartford, have paused their underwriting of new home policies in the state of California....
February 13, 2024
Super Tuesday: How the night unfolded
Comment: Adam Schiff’s ‘brazenly cynical’ advertising campaign pays off
...Many pundits discounted Republican Steve Garvey’s chances of advancing to the November contest for California’s vacant Senate seat, given his inexperience and the state’s heavily Democratic electorate....
March 6, 2024
Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...New Jersey’s problem is too much water to start with — unlike places such as California, which suffer shortages....
March 22, 2024
Exchange traded funds
Crypto ETN providers head for UK but urge rethink on retail ban
...But it added that the vehicles should only be available to institutions such as investment firms, credit institutions, pensions funds and insurance companies....
March 18, 2024
LexInsurance
Severe weather is hurting homeowners — but not reinsurers Premium content
...The reinsurance industry says it cannot currently price the type of localised risk that is pushing up home insurance costs and leading to reduced coverage in states like California....
March 28, 2024
Exchange traded funds
China’s ‘national team’ propels EM ETF flows to new record
...The wall of buying has Beijing’s fingerprints all over it as Central Huijin, an investment arm of China’s sovereign wealth fund, joined a raft of state-owned insurance companies and asset managers in buying...
February 13, 2024
US Election Countdown
Super Tuesday: the devil is in the details
...Record low turnout is expected and with Republican support consolidated around former LA Dodgers star Steve Garvey, the former baseball player could end up on top, Mike Madrid, former head of the California...
March 5, 2024
FT Asset Management
Asset Management: Private equity backlash
...They’ve seen the value of their shares rise by more than $40bn since the beginning of 2023 as new assets have poured into their firms, writes Antoine Gara in New York....
February 19, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Energy Source
Unlocking the potential of superhot rocks Premium content
...The US offers the greatest potential at the closest distance to the earth’s surface, led by states such as Nevada and California....
March 21, 2024
Moral Money
How California’s landmark emissions bill could change global standards Premium content
...For all the anti-climate rhetoric from Republicans in other states, California’s legislation is poised to be the most enduring climate action from the US in 2023....
September 13, 2023
Helen Thomas
The insurance world is flirting with its climate doom loop
...California last month struck a deal with insurance companies to continue writing policies for property in disaster-prone areas, after big US names such as State Farm and Allstate stopped issuing any new...
October 11, 2023
Cruise LLC
GM’s Cruise driverless vehicles banned from California roads
...But it described the accident as “an exceedingly rare event” that had not been included in any of the scenarios outlined by regulators or insurance industry bodies, nor come up in its “millions of miles...
October 24, 2023
LexWarren Buffett
Warren Buffett’s letter is a mass of contradictions on climate risk Premium content
...Berkshire Energy’s PacifiCorp is facing, in the worst case, tens of billions of dollars in civil liability for the alleged role its equipment played in multiple wildfires that raged in California and Oregon...
February 26, 2024
News in-depthPensions industry
Larry Fink’s retirement warning highlights fight over ‘hardest problem in finance’
...State Street Global Advisors developed a new product for the $32bn University of California retirement system aimed at this issue....
March 29, 2024
Lex PopuliPersonal Finance
Merits and demerits of stock pundits
...Such infrastructure businesses, Buffett noted, are most often operated as natural monopolies for which equity returns are mandated by state regulators....
March 1, 2024
Special ReportFT Business School Insights
How distorted insurance pricing obscures customers’ climate risks
...Our research into the $15tn homeowners’ insurance market finds this phenomenon is a result of state-level price regulation, a pervasive feature of the market....
July 6, 2023
Inside BusinessPeggy Hollinger
Space needs a sustainable insurance industry
...In the UK, operator liabilities are capped at €60mn per satellite, with anything more covered by the state as provided for under international law....
September 27, 2023
Transcript
Should you top up your National Insurance?
...The reason: you need 35 years worth of national Insurance contributions to get the full amount of the state pension when you retire....
July 4, 2023

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