Latest News for: Underwriting standards

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California exodus of home insurance companies continues

The Los Angeles Times 19 Apr 2024
Tokio Marine America Insurance Co ... Several major insurers, meanwhile, including State Farm, Farmers and Allstate, have limited their exposure in California by cutting back on the number of new policies they issue or tightening underwriting standards ... .
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FDNY Makes First-Ever Arrest Over Sale of Potentially Deadly Illegal E-Bike Batteries

Hamodia 16 Apr 2024
... summonses for having e-bike batteries without proper certification from Underwriters Laboratories. The certification ensures the batteries have been built to current safety standards.
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Coastal property owners yet to embrace roof-girding grants

Island Free Press 16 Apr 2024
Insurance Underwriting Association and N.C. Joint Underwriting Association, said in an interview ... The program also expanded two years ago to the other 18 coastal counties the Insurance Underwriting Association serves.
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Zomato, ICICI Bank, Titan, SBI and more: MOSL lists top large-cap stock picks for April

Live Mint 16 Apr 2024
Let's take a look.Read here ... Moreover, SBI's asset quality remains sturdy, attributed to stringent underwriting standards, the improved financial standing of borrowers, and sustained deleveraging efforts within the corporate sector.Read here ... .
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3rd LD-Writethru-China Focus: China to strengthen capital market regulation, risk prevention

China.dot.org 12 Apr 2024
The guideline demanded strict regulation on the entry into the capital market through securities issuance and listing, urging higher standards for listing on the main boards and the start-up board ChiNext.
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China Focus: China to strengthen capital market regulation, risk prevention

Xinhua 12 Apr 2024
The guideline demanded strict regulation on the entry into the capital market through securities issuance and listing, urging higher standards for listing on the main boards and the start-up board ChiNext.
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Lloyd's of London inadequate on ESG - report

RTE 11 Apr 2024
Lloyd's came third from bottom in a table of 29 global property and casualty insurers for responsible underwriting and investment performance. In a separate tally of 13 large Lloyd's members' underwriting standards, six scored F, the lowest grade.
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This Brooklyn startup wants to turn any bike into an e-bike

The Villager 11 Apr 2024
the city has banned the sale of lithium-ion batteries not meeting Underwriters Laboratories (UL) standards and this year established a program allowing delivery drivers to swap out their unsafe batteries for certified ones ... ....
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Arixa Capital Surpasses $4 Billion in Originations, Welcomes Jonathan Fox as Chief Credit Officer

The Daily Independent - Ridgecrest 10 Apr 2024
"We've assembled a team that is built for substantial growth, and Jonathan will play a pivotal role in scaling our credit management processes while upholding our rigorous underwriting standards as we expand our lending platform.".
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Trump’s $175 Million Bond Is Even Shadier Than It Looks

The Daily Beast 08 Apr 2024
ELANY states that its role is to “facilitate compliance,” by verifying that these secondary-market insurers “meet eligibility standards in order to underwrite risks presented by excess line brokers.” ...
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Fitch: PH economy to grow by 6.0-6.5%

The Manila Times 06 Apr 2024
"The three privately owned banks have better standalone credit profiles than their state-owned counterparts, due largely to their established local franchises and better underwriting standards," Fitch noted ... ....
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Weekend Read: A battery worth its salt

PV Magazine 06 Apr 2024
Referring to United States-based safety science oganization Underwriter Laboratories, Siddiqi added that “UL standardization for sodium ion cells is, therefore, still a while away and this makes OEMs hesitant to commit to such a technology.”.
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RBI deputy governor urges banks to exercise prudent risk management

Live Mint 30 Mar 2024
Banks must ensure that their growing reliance on fintech companies does not result in poor underwriting standards and improper pricing of risk, cautioned M Rajeshwar Rao, deputy governor, Reserve Bank ...
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California’s home insurance crisis: What went wrong, how it can be fixed and what owners ...

The Los Angeles Times 29 Mar 2024
... that it wouldn’t renew 72,000 property owner policies statewide, joining Farmers, Allstate and other companies in either not writing or limiting new policies or tightening underwriting standards.
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Hipgnosis Songs Fund adviser accused of multiple ‘failings’

The Times/The Sunday Times 29 Mar 2024
The research found that Hipgnosis Song Management, its investment adviser, had fallen below standards on advising the fund and underwriting catalogue acquisitions, as well as on putting systems and ...
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