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...Trump’s legal team said on Monday that the Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers...
...In between, it passed through the hands of Ferdinand Marcos, the late dictator of the Philippines, and his wife, Imelda, served as the home of the ill-fated Trump University, and was struck on a foggy night...
...There is also no telling what the valuation of the company would be....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Unfortunately for Trump, it seems no lenders will provide him with the surety bond to cover his damages....
...But the Trump Organization is a private company, and it is almost impossible to verify his claims....
...The ship’s lead liability insurer, Britannia P&I, said on Thursday it was “working closely with the vessel’s owner and manager and the relevant US authorities as part of the investigation into the casualty...
...Officials want “greater confidence” that inflation will be beaten down to the Fed’s 2 per cent goal. That need for surety is bemusing some economists and investors....
...He promised on day one of his presidency to let January 6 convicts out of jail, close the US-Mexico border and “drill baby drill” for gas and oil....
...Before New York attorney-general Letitia James more than halved the original bond, Trump’s lawyers said 30 surety companies refused to underwrite such a large amount....
...Chinese consumers are showing signs of souring on the company’s iPhones and US technology more generally amid rising tensions between the US and China....
...These larger vessels have a greater risk of grounding, collision, allision, and marine casualties. These risks have resulted in limitations to operations within the Harbor....
...In his latest shareholder letter Warren Buffett said his company Berkshire Hathaway, at its size and maturity, should “operate with materially less risk of permanent loss of capital”....
...BROOKE MASTER: The whole period in the 80s and 90s came at a time when lots of companies were combining in lots of different areas....
...Small and mid-capitalisation stocks have predictably fared worse, casualties of consolidation among brokers and the rise of index funds....
...Start-up collapses have doubled over the past year according to PitchBook. Companies once valued at more than $1bn including Hopin and Convoy were among the casualties....
...Analysts at Bank of America said the deal should not worsen the outlook for capital returns at Aviva....
...It’s definitely growing, as Bank of America points out in a recent note....
...Enter Mewbourne Oil, Endeavor Energy Resources and CrownRock — all secretive, family-run operations in America’s oil-rich Permian Basin of Texas and New Mexico, and all highly sought-after acquisition targets...
...The firm’s “apparent conflicts of interest permeated FTX’s bankruptcy filing and every aspect of the case”, wrote Jonathan Lipson of Temple University and David Skeel of the University of Pennsylvania....
...Farmers Insurance, one of the biggest property and casualty providers in the US, found itself under attack this year for political “wokeness”....
...The UK-owned cargo ship Unity Explorer and two other bulk carriers were struck and reported damage but no casualties....
...And there’s a lot of doomerism around about America. You know, people on the right, people on the left, everybody like say, boo hoo, America, this, America that....
...In the US, the rate has climbed to 4.9 per cent, with casualties this year including car dealership Carvana, National CineMedia and infrastructure services group QualTek....
...Most important, the war in Gaza threatens to radicalise a new generation of Muslims against America and the west....
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