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...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....
...The paper, sent to the commission this weekend, asks to prolong separate emergency legislation introduced during the crisis that allowed member states to accelerate permitting of wind farms and solar power...
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
...Several big US insurers, including State Farm and The Hartford, have paused their underwriting of new home policies in the state of California....
...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...
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...Castleton was forced to represent himself after he exhausted legal insurance on a counter claim....
...Although the decisions by US insurers such as Allstate and State Farm to stop writing homeowners insurance in California may appear unduly harsh, they do serve to make the hazard risk explicit (“What happens...
...Fiscal policy: Is the state pension really ‘a Ponzi scheme’? Labour markets: UK wages: which sectors are driving up pay?...
...US underwriter State Farm cited a “challenging reinsurance market” as well as “rapidly growing catastrophe exposure” when it announced in May it would cease writing homeowners insurance for new customers...
...The UK state-backed insurance scheme designed to help keep the live events sector going through the coronavirus pandemic paid out just one claim of £180,500, while generating almost £6mn in premiums, according...
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
...Millions have dropped out of the state health insurance system in the past year, and enrolment could fall even further this year....
...Can she make it to Super Tuesday on March 5, when 16 states and territories will hold their primary contests?...
...It has left the government’s finances in a vulnerable state should the economic weather worsen sharply in the new year, writes Sam Fleming....
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
...Wind farms are not the only priority....
...That’s a big reason that State Farm, one of the country’s largest insurance companies, announced late last month that it would stop selling coverage to California homeowners — not just those in wildfire...
...Gaps in coverage are already emerging: US companies State Farm and Allstate have stopped accepting new home insurance policies in California thanks to the state’s wildfire risk....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...“The contents are low value — and so of little interest to insurers — and often they are very old buildings that are not in the best state.”...
...“Because court judgments are so slow, farmers have united to remove the invaders,” said Carlos Pimenta, who runs cattle farms in the agricultural states of Goiás and Mato Grosso....
...The problem stems partly from a state-led move to split up 1.35mn acres in Amboseli used by generations of nomadic Maasai into private plots....
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