Hints and tips:
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
...Farm Stadium in Glendale, Arizona....
...First, the government would guarantee all deposits, charging risk-based insurance premia....
...Not like those losers over at State Farm: State Farm, by far the country’s largest insurer and a well-managed company besides, incurred an underwriting loss in nine of the twelve years ending in 2012 (the...
...The FTSE Eurofirst 300 is up 0.3 per cent and S&P 500 futures show Wall Street’s benchmark climbing 0.4 per cent to 1,932. (Financial Times)...
...US index futures suggested the S&P 500 would slip 13 points to 1,957. That would leave the Wall Street benchmark about 31 points below the record hit last week....
...S&P also lowered, by a notch, debt issued by the Farm Credit System, which guarantees agriculture-elated loans, the FDIC, which guarantees bank deposits, and the National Credit Union Association, which...
...Thai floods set to boost insurance claims The flooding in Thailand is expected to inflate insurance claims already made against the earthquake in Japan this year because of the disruption to carmakers and...
...Genworth’s market capitalisation has halved this year, amid fears of losses on a consumer debt insurance product it sells in the eurozone....
...Insurance stocks on the S&P 500 fell nearly 2 per cent from Thursday to Friday as investors anticipated the likely damage caused by the storm....
...I think the United States represents the greatest meritocracy in the world.”...
...Its interests include banking, insurance, chemicals and tobacco....
...The S&P Insurance index fell 0.8 per cent to 311.91 as investors digested a New York jury's decision to consider the hijacked airliner attacks on the twin towers of the World Trade Center on September 11...
...Telekom Austria shares rose a further 0.75 per cent to €13.75, extending the rise over the week to 8.8 per cent after Austria’s state privatisation agency formally approved the sale price of the 17 per cent...
...The largest civil-rights settlement in US history called for as much as $2.3bn to be paid to more than 20,000 black farmers, who charged that the Farm Service Agency, which oversees the distribution of federal...
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