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DONE DEAL: Palace sign Olise
The Patrick Vieira era has begun at Palace after the South London club announced the signing of highly-rated youngster Michael Olise from Reading in an £8m deal.
“Underwriters only have a certain amount of premium dollars,” said David Richards, chief executive of specialty insurance brokerage EQUA Specialty Risk Partners Corporation. “If they’re historically losing money on municipal insurance … then capacity shrinks. As a result, they focus on where they can make money.”
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Despite being considered lower-risk than other cities, premiums in Waterloo rose a “modest” 9.8% last year, and a “significant” increase is expected this year, said Brian McEnhill, risk manager for the insurance pool.
Cities need insurance to protect against claims in the event of accidents on municipal properties or roads, and to deal with risks including cyber attacks and natural disasters – so forgoing coverage is not an option.
July 7 (Reuters) – The Gates Foundation said Melinda French Gates and Bill Gates, in the midst of a high-profile divorce, will continue to work as co-chairs for a two-year trial period and after that time if the arrangement unravels, she would step down.
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If Melinda resigns after two years, she would receive personal resources from Bill for her philanthropic work, which would be completely separate from the foundation’s endowment, the foundation said in a blog post on Wednesday.
The contingency plan for one of the world’s largest philanthropic foundations was announced website by Chief Executive Officer Mark Suzman, a move that would ensure a successful transition for the foundation that has spent over $50 billion in the past two decades toward combating poverty and disease.
For Bracebridge town in the cottage district of Muskoka, some 175 kilometers north of Toronto, a C$160,000 increase in expenses in a year raises property taxes by 1%, said its mayor, Graydon Smith, who is also president of the Association of Municipalities Ontario.
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Bayern Munich £38.5m new boy Dayot Upamecano gets down to work
Dayot Upamecano has been spotted training with Bayern Munich for the first time since signing with the Bundesliga giants in February 2021. He took part in a training session with 18 other players.
Mail Online
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