‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?
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Mace and client Sky have won a legal case against their insurers over a £56m bill to fix a problem roof on a building at the TV company’s headquarters. Mace was the main contractor on Sky Central, built at the Sky Campus in Osterley, West London, from 2014 to 2016, which featured the largest timber
Mangione charged with ‘act of terrorism’ NewsFeed Luigi Mangione, the man suspected of killing health insurance CEO Brian Thompson has been charged with murder. Published On 18 Dec 2024
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Watch CBS News UnitedHealthcare CEO’s killing prompts polarized response The fatal shooting of UnitedHealthcare CEO Brian Thompson has brought on an outpouring of anger, but not all of it directed at the shooter. Many are expressing dissatisfaction with the health insurance industry. Mark Strassmann explains. View CBS News In CBS News App Open Chrome Safari
Credit insurance has helped to protect a structural steel firm’s bottom line from the collapse of ISG. A trading update to the London Stock Exchange by Billington Holdings plc this morning (11 December) revealed its credit insurer had already made an interim settlement on a claim for ISG work. The update said: “Billington has historically
In a trading statement today it said: “Billington has historically traded with various ISG trading entities, delivering a number of high-profile projects. “The Group has received an interim payment from its credit insurer and subject to formal acceptance by the insurer of an independent assessment of the remaining claim, the financial impact on Billington is
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Construction costs will rise by up to 1 per cent due to the increase in National Insurance employer contributions in April next year, according to consultancy Arcadis. The hike in the rate at which contributions are paid – from 13.8 per cent to 15 per cent – will come alongside a fall in the threshold
The latest Market View report from Arcadis titled Stuck in the Middle highlights the challenges posed by stubborn inflation, escalating costs, and regulatory complexities. Aracdis experts said a full recovery is now anticipated in 2026 – later than previously forecast. The industry remains varied, with labour shortages, particularly in MEP trades, expected to affect data
Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services Gino Matos · 2 weeks ago · 2 min read Paul Grewal stated that the letters, acquired through FOIA requests, prove that Operation Chokepoint 2.0 existed. 2 min read Updated: Dec. 6, 2024 at 7:02 pm UTC Cover art/illustration via CryptoSlate. Image
Initial Jobless Claims climbed more than estimated to 224K. Continuing Jobless Claims rose to 1.871M in the week ending November 22. US citizens filing new applications for unemployment insurance rose to 224K for the week ending November 29, as reported by the US Department of Labor (DoL) on Thursday. This print came in above initial
Rachel Reeves Only 20 per cent of construction professionals believe the Autumn Budget will be good for the industry, according to a new market report from Gleeds. Some 28 per cent thought it was actively bad for the sector, with issues like higher National Insurance rates potentially hitting contractors whose margins are often delicately poised
Two major CN100 firms have warned the changes to employers’ National Insurance (NI) will hit the construction sector hard. Directors at Glencar – the 53rd biggest contractor in the UK – and Seddon – the country’s 100th biggest construction firm – told Construction News the planned changes will be a “slap in the face” for all
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The new post-Grenfell dutyholder regime could cause insurers to slash professional indemnity insurance (PII) coverage, a Construction Leadership Council (CLC) lead has warned. Insurers may carve out more exclusions within PII coverage as new obligations for the principal contractor (PC) role create uncertainty over liability, insurance veteran Samantha Peat told Construction News’ CN Forecasting conference
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