State Farm is stopping the sale of new home-insurance policies in California effective Saturday, because of wildfire risk and rapid inflation in construction costs. https://www.wsj.com/articles/state-farm-halts-home-insurance-sales-in-california-5748c771 h/t BoatSurfer600
by AC GEICO, one of the largest insurance companies in the United States, reportedly closed all 38 of it’s California offices on Monday, resulting in hundreds of workers being laid off. According to the company, GEICO would not be leaving …
Global central bank assets just reached $31T for the first time. No end in sight. pic.twitter.com/7WE2d6nYfE — Otavio (Tavi) Costa (@TaviCosta) April 16, 2021 The Fed's balance sheet grew by $84 billion in the past week, the most in a …
https://www.reuters.com/article/japan-insurers-bonds-idUSL4N2LM10V Executives at Japan’s top four insurers, which manage more than $1.6 trillion in assets, told Reuters U.S. bonds are becoming attractive at yields near 2%. Japanese life insurers have been selling foreign bonds for eight months since July, their …
On Aug., 1, 2017, Brittany Cloyd of Frankfort, Kentucky, said she experienced pain “worse than childbirth.” Her mother — who had been to nursing school — drove her to the nearest emergency room. Brittany thought her appendix had burst, but …
by DCG Surprise, surprise! From NY Post: New York health insurers requested double-digit increases as high as 47 percent for ObamaCare policies next year as the debate rages in Washington on how to overhaul the law. The average proposed increase …