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...Now that 500-year floods happen every other year in Texas, that was our first lesson learnt — the hard way. Try getting flood insurance after your whole neighbourhood has been 9 feet under water....
...Texas Instruments is building a string of new foundational chip fabs across Texas and Utah, catalysed by generous investment tax credits....
...In February, Robertshaw filed for bankruptcy in a Texas federal court with the support of Bain, Canyon and Eaton Vance....
...There is perhaps no state in the West so prone to self-mythology as Texas. And in Texas, nowhere holds on tighter than the monied cowboy town of Fort Worth....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...deposit insurance fund had to cover, from the bank failures last year....
...Amazon is launching prescription medicine orders by drone in College Station, Texas. Drone companies cite possible uses in defence, safety, transport, insurance and retail....
...Texas has been hit hardest. Allstate’s second quarter combined ratio — incurred losses and expenses over earned premium — of 145 per cent was a near record. Then calamity struck Hawaii....
...The US equivalent, West Texas Intermediate, settled 1.5 per cent higher to $72.47....
...Second-most-common were advertising and marketing businesses, followed by fintech, financial services and insurance groups....
...In 2018 an unnamed employee at insurance company Prudential earned £16.6mn, more than double the salary of the chief executive....
...He and other local activists say they will step up their campaign to halt LNG developments by not just opposing their planning and licensing but also targeting the banks, private equity and insurance companies...
...Legislation designed to thwart environmental, social and governance investing and financing has been adopted in several states, including Florida and Texas....
...According to an insurance executive quoted in the complaint, USAP and Welsh Carson used acquisitions to “take the highest rate of all . . . and then peanut butter spread that across the entire state of Texas...
...Insurance technology supplier Cytora is also employing AI....
...“Everyone will blame Covid [for] the losses,” said John Griffin, a professor at the University of Texas....
...Last year it raised $4.5bn towards an eventual $8bn goal from global pension funds, insurance companies and sovereign wealth funds....
...Paul Hastings has hired eight partners from law firm Vinson & Elkins to build out its global finance team in Texas. Linos Lekkas, who worked at Citigroup for 13 years, is retiring....
...The Omaha native helped transform the company, once a struggling textile maker, into an industrials and insurance behemoth....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...“If big insurance companies and friendly billionaires think he’s too big a credit risk, who might bail him out instead? What sort of collateral could Trump offer in return?”...
...After a quiet start to the week for earnings, the results calls will pick up during the coming few days with insurance a strong theme in the UK as Aviva, Legal & General, Hiscox and Royal London report figures...
...Ben Leax, his newly named deputy, will add a focus on insurance clients while continuing to head its consulting arm, known as Financial Markets Advisory....
...Smart reads Bankruptcy in Texas Houston has been a favoured city for cash-strapped companies and corporations with large legal liabilities to find shelter from creditors....
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