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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...
...“And yes, I look at 40 Wall Street each and every day.” Trump on Friday posted a surety bond to cover a separate $83mn judgment for defaming the writer E Jean Carroll....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...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...
...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....
...That need for surety is bemusing some economists and investors....
...Companies once valued at more than $1bn including Hopin and Convoy were among the casualties. “In some ways, dry powder is a mirage....
...Russia has started supplying oil directly to North Korea in defiance of UN sanctions, further cementing ties between the authoritarian regimes....
...The UK-owned cargo ship Unity Explorer and two other bulk carriers were struck and reported damage but no casualties....
...Farmers Insurance, one of the biggest property and casualty providers in the US, found itself under attack this year for political “wokeness”....
...Such activity is a sign that a new era of high borrowing costs is starting to bite in corporate America, whose overall borrowings now total $13tn according to Federal Reserve data....
...One of the casualties is Swedish property company SBB, which borrowed heavily during a local boom. Fitch downgraded the company to B- this week. Commercial real estate is in even worse shape....
...“This was an incredibly complex case and we are still working to develop the detail of the timeline involved with this casualty and response,” Mauger said....
...Because the book ends in early 2023, it tells a story of gritty defence, rising casualties and destruction, and then success as Ukraine’s forces recapture territory in the north-east and Kherson above Crimea...
...the Canadian fur trade and silver mining in 17th-century Latin America....
...Research shows the number of new cases in Europe and North America has been dropping for years, while there are early signs of Japan showing the same phenomenon....
...Launched in 2019 and operating out of a former General Motors plant in north-eastern Ohio, Lordstown is the highest-profile casualty among the wave of electric vehicle manufacturers established over the...
...for North America in Mexico’s foreign ministry, told the Financial Times....
...Some degree of “rebundling” of research and trading for smaller companies is being discussed in Brussels and also London, which is desperately seeking ways of boosting lacklustre post-Brexit capital markets...
...“the hippest street in America”....
...The cost of short-term commercial property insurance in North America was up by almost 15 per cent, Greenberg said, double the speed of increases in claims costs....
...Tech companies that make it through this downturn will pick up the entrails of their competitors on the cheap and continue their sector’s advance....
...Venues have included Baghdad, Mogadishu and Rockall, a granite islet in the north Atlantic....
...America’s dollar stores are getting a makeover for the age of inflation....
...Meanwhile, 140-year-old utility company CenterPoint Energy has filed an application to securitise its costs, showing how the new law and form of finance are helping energy companies across the US to find...
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