US property and casualty insurance stocks fell in premarket trading today after wildfires continued to devour thousands of buildings in Los Angeles. Insurers are expected to face catastrophe-related claims worth billions of dollars from the disaster, which analysts estimate will be the costliest ever in California. "We expect insured losses to run well into the … Continue reading Insurers predicted to suffer losses of $10bn as mansions burn in Los Angeles
Paul Hollywood has said criticism of his wife is "unforgivable" after she and her family were granted permission to turn their Kent pub into a house. Landlady Melissa Hollywood, who is married to the Great British Bake Off judge, reportedly said her family was planning on closing the Grade II-listed Chequers Inn in Smarden, Kent, … Continue reading Kent pub row: Paul Hollywood angry with ‘unforgivable’ criticism of wife
Aberdeen is the cheapest city to get on the property ladder out of 50 analysed by Rightmove. Carlisle is the cheapest for renters across Britain, the property site found. At the other end of the spectrum, St Albans in Hertfordshire was named as the most expensive city to be a first-time buyer outside London. Meanwhile, Oxford was … Continue reading The cheapest (and most expensive) cities to get on the property ladder and rent in Britain
Abia State Governor, Alex Otti has approved the full payment of compensation to owners of 130 structures to be demolished in Umuahia for the construction of a 6-lane Ossah-Okpara square road in the State capital. The government claims property owners in the designated areas will start receiving their payment credit alerts from today, Friday, the … Continue reading Abia govt to begin compensation payment to property owners ahead of demolition
There are many things you could buy for $34 million. In various parts of the world, it’ll buy you towering castles, sprawling beachside mega mansions or majestic estates that go on for miles. It could buy you fleets of powerful Lamborghini sports cars or stately Rolls-Royce Phantoms. It could even buy you your own private … Continue reading An empty sand plot sold for a record $34m in Dubai
Authorities in Hamburg are selling off 50 little wooden houses used to house newcomers at the height of the influx of refugees and other migrants to Germany. According to AP, the boxy houses measuring 28 square meters (301 square feet) in size were put up for sale this week. The property is being sold to … Continue reading Why Hamburg is selling off refugee homes
As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge. In just five years, the state's total number of federal flood insurance policies has fallen by 15 percent, according to Federal … Continue reading Most Properties in Florida Flood Zone are not Insured
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