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...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...Boston Fed president Susan Collins will participate in a fireside chat hosted by Massachusetts Institute of Technology’s Sloan School of Management....
...Other earnings: Boeing supplier Spirit Aerosystems, a former unit of the aircraft maker that is also the subject of a takeover by its one-time parent company, is set to report results this morning....
...The mechanics of the NAIC’s rule change (as described by Barclays, Bank of America, regulators, industry groups and various other sources) are . . . not especially simple....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Bank of America has had a go at estimating how much The Tortured Poets Department, Swift’s latest album, is worth to Universal Music Group, her record label since 2018....
...Other companies: Warner Bros Discovery, Constellation Energy, Roblox and Hyatt will report earnings before the bell....
...Analysts at Bank of America said the deal should not worsen the outlook for capital returns at Aviva....
...That includes pension funds, asset managers, clearing houses and insurance companies....
...However, Swift has defied her label, Universal, with the rollout of TTPD....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...North Carolina-based Duke Energy acquiesced to Oregon’s requests and changed its bylaws in December, Larrieu said. The company declined to comment....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...One marine insurance expert said the liability insurance payout, including bridge damage, could rival the approximately $1.5bn paid after the crash of the Costa Concordia cruise ship in 2012, a record....
...The London-listed company said winning new North American customers had proved more difficult in the third quarter, pointing to “softer” demand and people moving house less frequently because of soaring...
...Pfizer: The pharmaceutical company is expected to report that quarterly revenue declined 23.4 per cent from the same period last year to $14bn, according to LSEG, as the company faces weak demand for its...
...The company will also report first-quarter results....
...Investors will be keen to learn more about its efforts to speed up its rollout and development of AI products....
...Trump’s lawyers last week said his team had spent “countless hours negotiating with one of the largest insurance companies in the world” in order to secure an appeals bond for the full amount, concluding...
...Insurance groups are now bracing themselves for billions of dollars of losses stemming from the accident, with reinsurers likely to foot the bill in a legal fallout expected to last for years....
...The San Francisco-based company reported operating profit of $172mn for the first three months of the year, compared with analysts’ forecasts for more than $600mn....
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