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...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...Robinson and other experts have likened the probe to the payment protection insurance scandal, which dates back to the 1990s when banks mis-sold insurance to millions of customers, leading banks to later...
...The attorney-general’s lawyers further claimed Knight Insurance sent “100 per cent of its retained insurance risk to affiliates in the Cayman Islands”, where “lax regulations” allowed the company to bolster...
...Nord Stream, owned by Gazprom, Wintershall Dea, Eon, Gasunie and Engie, said those involved were “unknown”....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...More auto news: Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s...
...Besides credit card debts, Blackstone has picked up home improvement loans, auto loans and loans financing rooftop solar power....
...They often maintain a crucial underlying relationship with companies and borrowers....
...Citi was also a leader on a $310mn loan to Sunbit, a buy-now, pay-later company that specialises in auto repair shops and dentist offices....
...Auto insurers have rapidly boosted prices for electric vehicle cover in the past year, much more than for fossil fuel cars....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...experts said echoed the payment protection insurance scandal....
...The cost is as yet unknown. The insurance sector is expecting a hefty bill....
...One unknown is how far back compensation should go. The FOS jurisdiction over investigations like this only extends from 2007, which would mean a maximum period of 2007-2020....
...this week when his company Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...It would not be pushed around “by two unknown guys”, said one person close to the firm....
...Among the bigger companies are Copart and Insurance Auto Auctions, which auction off junked cars; LKQ, which sells salvaged parts to repair shops and retail customers; and Boyd Group Services, which buys...
...The insurance arrangements potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill. 4....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...The company plans to expand its ship fleet to eight in the next two years....
...Need to know: business Japanese auto rivals Honda and Nissan are joining forces to work on electric vehicle technology as they try to survive the influx of low-cost, high-tech cars from China....
...Still, this downgrade comes as US insurance-underwriting losses spread from the troubled auto-insurance businesses — where insurers are slowly getting their rates higher — and into homeowners’ policies....
...Without insurance coverage, they typically cost about $1,300 per month in the US, making them inaccessible for many....
...The company’s Geico auto-insurer, which had struggled to cope with payouts on claims for much of the past two years, showed improvement....
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