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Berkshire Hathaway Specialty Insurance Enhances Multinational Capabilities

Retrieved on: 
Wednesday, January 3, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced several enhancements to its multinational capabilities, including expanding its partner network and internal team of multinational experts, adding multinational products, and adopting a new technology platform to elevate service.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced several enhancements to its multinational capabilities, including expanding its partner network and internal team of multinational experts, adding multinational products, and adopting a new technology platform to elevate service.
  • “We continue to evolve our multinational services and capabilities to keep pace with the increasing needs of our customers,” said David Valzania, Head of Multinational at BHSI.
  • The company has also rounded out its multinational capabilities to include surety bonds.
  • “It enables BHSI to seamlessly coordinate and collaborate across local underwriters, producing offices, and network partners, facilitating the execution of our multinational programs.”
    Berkshire Hathaway Specialty Insurance ( www.bhspecialty.com ) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.

Middleburg Communities to Develop Dynamic Build-to-Rent Community in Wilmington, North Carolina

Retrieved on: 
Wednesday, January 3, 2024

Middleburg Communities (“Middleburg”) today announced it has closed on an approximately 30-acre land parcel located at the intersection of S 17th Street and Independence Boulevard in the coastal city of Wilmington, where it will develop a dynamic build-to-rent community, Hamlet Barclay West.

Key Points: 
  • Middleburg Communities (“Middleburg”) today announced it has closed on an approximately 30-acre land parcel located at the intersection of S 17th Street and Independence Boulevard in the coastal city of Wilmington, where it will develop a dynamic build-to-rent community, Hamlet Barclay West.
  • Construction on Hamlet Barclay West is expected to commence in January 2024.
  • “Wilmington’s explosive growth over the years has resulted in strong demand for high-quality, build-to-rent communities like Hamlet Barclay West,” stated Alexi Papapieris, Senior Vice President of Development for Middleburg’s Carolinas Region.
  • The community will feature a neighborhood-style design that is characterized by tree-lined streets, pocket parks and shared greenspaces, while all units will have spacious layouts, private entries and backyards.

Veteran Experts Raise Alarm Bells as Homelessness Rates Increase for the First Time in 12 Years

Retrieved on: 
Wednesday, January 3, 2024

SAN DIEGO, Jan. 3, 2024 /PRNewswire/ -- For the first time in 12 years, U.S. Department of Housing and Urban Development's 2023 data revealed an increase in homelessness among veterans, with a 7.4% increase between 2022 and 2023. Marine veteran and CEO of VetComm, Kate Monroe, is spotlighting critical factors contributing to the trends facing men and women who served our country yet struggle for a place to call home. 

Key Points: 
  • "A needlessly deplorable situation is getting markedly worse for our veterans facing housing insecurity and homelessness," stated Monroe.
  • We have means accessible to us now to make a meaningful difference and impact in the lives of veterans.
  • It requires that we get out of failing 'status quo' mode and step into an emergency response action."
  • Through her research and expert consultations, Monroe endorses a "base camp" model to mitigate the many factors contributing homelessness.

U-Haul Migration Trends: Florida had 7 of Top 25 U.S. Growth Cities in 2023

Retrieved on: 
Wednesday, January 3, 2024

PHOENIX, Jan. 3, 2024 /PRNewswire/ -- Florida destinations dominated the U.S. growth cities list again in 2023, with the Palm Bay-Melbourne market netting the largest number of movers in one-way U-Haul® equipment last year.

Key Points: 
  • The U-Haul Growth Index found seven Florida markets among the top 25 growth cities last year.
  • It marks the seventh year in a row the Sunshine State has had the most cities represented.
  • Florida had four markets among the top 25 in 2022, and a whopping 10 in 2021.
  • U-Haul calculates growth cities by each city's net gain (or loss) of one-way equipment from customer transactions in a calendar year.

2023’s Housing Market Woes Extend into 2024: Low Supply and Unaffordability

Retrieved on: 
Wednesday, January 3, 2024

As we step into the new year, the echoes of 2023's housing market challenges continue to reverberate, with low supply and unaffordability remaining at the forefront.

Key Points: 
  • As we step into the new year, the echoes of 2023's housing market challenges continue to reverberate, with low supply and unaffordability remaining at the forefront.
  • Mortgage rates have already dipped to 6.6% in response, yet predictions suggest they won't fall below the mid-six percent range.
  • On the flip side, the housing market sees sustained demand, fueled by millennials forming households and first-time buyers eagerly awaiting favorable opportunities.
  • Greensboro in North Carolina is the sole market outside the Midwest or northeast to make the cut.

HqO Further Propels Global Commercial Real Estate Transformation with Launch of ‘Best Spaces to Work in London’

Retrieved on: 
Wednesday, January 3, 2024

This comes on the heels of the programme’s successful launch in the US just a few weeks ago in Boston.

Key Points: 
  • This comes on the heels of the programme’s successful launch in the US just a few weeks ago in Boston.
  • This news follows HqO’s recent £40 million Series D funding announcement and launch of their Real Estate Experience (REX) Platform.
  • ‘The pandemic compelled the commercial real estate sector to shift towards a customer-oriented approach, and the tangible results are evident in the data.
  • This is precisely why HqO has introduced its Best Spaces to Work programme to Boston and now London.

Guo Guangchang's New Year's Message: Steer Through the Rapids, Believe in the Future

Retrieved on: 
Wednesday, January 3, 2024

Club Med and Atlantis Sanya under Fosun Tourism Group achieved their best performance over the same period.

Key Points: 
  • Club Med and Atlantis Sanya under Fosun Tourism Group achieved their best performance over the same period.
  • In particular, Alps Snow Live in Taicang has gained widespread attention and popularity since its opening and became an internet-famous.
  • In the future, we will combine our own characteristics, focus on these industries and further develop high value-added businesses.
  • Believe in yourself and the future in 2024.

Ninth Circuit Upholds RJLF's Victory: Denies Rehearing Petition in California Restaurant Association's Suit Against Berkeley's Gas Ban

Retrieved on: 
Wednesday, January 3, 2024

The denial signifies that the panel's ruling, which found Berkeley's gas ban to be in violation of federal law, will remain binding for Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington.

Key Points: 
  • The denial signifies that the panel's ruling, which found Berkeley's gas ban to be in violation of federal law, will remain binding for Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington.
  • Reichman Jorgensen Lehman & Feldberg LLP (RJLF) filed suit on behalf of the Association in 2019, challenging Berkeley's ban on gas piping in new buildings.
  • The suit sought to invalidate Berkeley's gas ban and block its enforcement, arguing that the federal Energy Policy & Conservation Act (EPCA) preempted the local ban.
  • "With this decision, the Ninth Circuit has affirmed its straightforward reading of the statutory text and structure," said RJLF partner Sarah Jorgensen .

Horizon Aircraft Announces Board of Directors for Post-Merger Public Company

Retrieved on: 
Tuesday, January 2, 2024

TORONTO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, which previously announced that it would become a public company via a business combination with publicly-traded special purpose acquisition company, Pono Capital Three, Inc. (“Pono”)(Nasdaq: PTHR), today announced its Board of Directors, effective at the closing of its business combination.

Key Points: 
  • ~ Board Announced in Anticipation of January 2024 Merger Between Horizon Aircraft and Pono Capital Three, Inc. ~
    TORONTO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, which previously announced that it would become a public company via a business combination with publicly-traded special purpose acquisition company, Pono Capital Three, Inc. (“Pono”)(Nasdaq: PTHR), today announced its Board of Directors, effective at the closing of its business combination.
  • The post-merger Horizon Aircraft Board of Directors will be led by Brandon Robinson, Founder and Chief Executive Officer of Horizon and is comprised of five (5) directors that bring considerable field operations, corporate governance and executive management experience across the aviation and technology sectors.
  • Brandon Robinson, Founder, Chief Executive Officer and Chairman of Horizon Aircraft commented, “We are grateful to have inspired both experienced public and private company executives to help shape the trajectory of Horizon Aircraft.
  • I look forward to working in partnership with this elite group to continue the development of our groundbreaking technology.”
    The composition of the post-merger Horizon Aircraft Board of Directors includes:
    Brandon is the co-founder and CEO of Horizon Aircraft.

A Blueprint for the Future: White House and States Issue Guidelines on AI and Generative AI

Retrieved on: 
Tuesday, January 2, 2024

Since July 2023, eight U.S. states (California, Kansas, New Jersey, Oklahoma, Oregon, Pennsylvania, Virginia, and Wisconsin) and the White House have published executive orders (EOs) to support the responsible and ethical use of artificial intelligence (AI) systems, including generative AI. In response to the evolving AI landscape, these directives signal a growing recognition of the [?]

Key Points: 


Since July 2023, eight U.S. states (California, Kansas, New Jersey, Oklahoma, Oregon, Pennsylvania, Virginia, and Wisconsin) and the White House have published executive orders (EOs) to support the responsible and ethical use of artificial intelligence (AI) systems, including generative AI. In response to the evolving AI landscape, these directives signal a growing recognition of the [?]