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...The rule comes as President Joe Biden toughens his stance on fossil fuel producers in a bid to mobilise progressive voters in the run-up to this year’s presidential election....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...The insurance sector is expecting a hefty bill....
...Mainland Chinese visitors accounted for around $7.5bn of new insurance premiums in Hong Kong in 2023, according to the city’s Insurance Authority....
...Meanwhile, West Virginia is co-leading 10 red states in litigation against the Securities and Exchange Commission, the US’s securities regulator, over rules that would require companies to disclose some...
...The company confirmed it was raising the price on its Model Y SUV by Rmb5,000 ($695) from April 1....
...of goods sold by the company....
...In the wake of three of the largest bank failures in US history a year ago, the US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are all pushing...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...Republican lawmakers in Congress have accused Gensler of stepping beyond the SEC’s authority and of pursuing a “progressive” agenda....
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...The idea, said Frank Vivier, Richemont’s chief of transformation, was to move beyond the analogue era where insurance companies, watchmakers and police communicated little and victims were left in the dark...
...Lammy’s pitch for a new “progressive realism” will quickly be recast as “Labour defeatism”. You could already see the seeds of that debate in response to his essay....
...These companies collectively underwrote about 70 per cent of US homeowners’ premiums, it said. The Treasury’s proposals have highlighted the fragmented nature of US insurance regulation....
...Additional reporting by William Sandlund in Hong Kong...
...at the V&A....
...Lai, who takes office next month, announced last week that Cho Jung-tai, the former chair of the China-sceptic Democratic Progressive party, will be premier....
...Sainsbury’s also pledged to commit to a “progressive dividend policy from the start of next financial year” and a £200mn share buyback....
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...Meanwhile, Swedish insurance companies have the highest holdings of stocks in the EU....
...“In terms of narratives and forward momentum, China has stolen a march on the US,” said William Choong, a senior fellow at the Iseas-Yusof Ishak Institute, a Singapore think-tank....
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