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...Atlas SP has originated $24bn in debts since its creation, including a $1bn loan to PacWest, the California regional bank that suffered a sharp drop in deposits in early 2023....
...Names were the historical basis of the Lloyd’s market, but also at the centre of one of its biggest controversies....
...A string of big home insurers have halted new business in California, for example, in response to a surge in extreme weather losses....
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...The lack of affordable property insurance has even driven some to move home....
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...He accepted an offer to buy his home from Blue Acres, a programme led by the New Jersey Department of Environmental Protection....
...But the “aspirational” luxury market is in trouble. And it is this market which is the customer base of the luxury department store....
...most of the rise in transportation-services costs: car insurance!...
...associated with the Rockies – Colorado, Montana, Wyoming – than they are with southern California....
...Far from revealing the limitations of the department store business model, as claimed by Sam Jones (“Travails of luxury department stores reveal a story of decline”, Inside Business, February 2), the cases...
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...The US Department of Justice is investigating the mid-air door panel blowout that terrified passengers of an Alaska Airlines flight two months ago....
...Hyperexponential is just one of several new businesses hoping to automate the data input and analysis that is the mainstay of the job of underwriters — the insurance industry’s core decision makers....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...The Department of Justice said Mizuhara made “unauthorised transfers” worth more than $16mn from November 2021 to January 2024 from Ohtani’s account....
...Consequently, the development of Les Cabinotiers timepieces doesn’t impact the creation of new models within our core collection. The department has its own R&D planning and its own rhythm.”...
...The most closely watched race in California is to fill the US Senate seat vacated by the death of Democrat Dianne Feinstein....
...”, when the cost of insurance fell as miles driven, and accidents, plummeted....
...Shohei Ohtani’s former interpreter was charged with bank fraud by the US Department of Justice, which accused him of wiring more than $16mn from the Los Angeles Dodgers baseball star’s bank account to pay...
...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....
...UK car insurance prices fell at the start of the year in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high last year....
...[MUSIC PLAYING] Henry ManceThat was my guest, Robert Fatton, professor of government and foreign affairs in the Department of Politics at the University of Virginia. And that’s it for this week....
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