California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a meeting with the carrier to get some answers about the carrier’s financial situation and more. State Farm General earlier this month asked the California Department of Insurance to immediately approve interim rate increases, including 22% … Read more
State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners insurer, is partly blaming the devastating Los Angeles wildfires for the request. “As of February 1st, State Farm General (Fire only) has received more … Read more
If there’s one thing I don’t recommend, it’s buying stock on margin. Due to the volatility of stocks and high margin interest rates, borrowing money to buy stocks is a bad idea. Conversely, I’m not opposed to buying a home on margin, namely through a mortgage, if buying follows a homebuying guideline like the 30/30/3 … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Big technology stocks led a decline on Wall Street on Monday as long-term Treasury yields hit the highest level since late 2023 after last week’s strong US jobs data led traders to further slash expectations … Read more
There is just one week left to secure an Early Bird rate to attend our upcoming Artemis ILS NYC 2025 conference in New York on February 7th next year, so to get your ticket at the best possible price please register soon to attend the event.At least 200 attendees have already secured their place and … Read more
