Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hartford Insurance Group Inc. stock outperforms competitors on strong trading day
Shares of Hartford Insurance Group Inc. HIG advanced 2.64% to $140.26 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.01% to 7,457.69 and Dow Jones Industrial Average DJIA…
Is Europe's anti-missile move with Ukraine 'insurance' against unpredictable US?
A new European anti-missile coalition with Ukraine is more of a strategic “insurance” policy rather than a break with Washington, according to analysts, as Europe prepares for a less predictable US security role. On Monday, 10…
Map reveals states where home insurance is devouring household budgets
While rising home prices and stubbornly high mortgage rates continue pushing the dream of homeownership out of many Americans' reach, soaring insurance premiums are making it harder for homeowners in disaster-prone parts of the country to hold on…
Bellweather Insurer Travelers Reports Surge in Profit
Property and casualty insurers are on a financial tear, as rate hikes and low catastrophe losses boost their bottom line. Travelers, a bellwether for the sector, reported surging profits for the three months through June. Net income was up 46%, at…
Apollo's Insurance Riches Boost Mission to Redefine Mega-Deal Financing
This article is for subscribers only. Welcome to Going Private, I'm Sinead Cruise and this is Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we bring you words of warning…
Insurers race to meet recapitalization deadline
Nigerian insurers are racing to complete capital-raising programs, secure regulatory approvals and undergo independent verification before the National Insurance Commission's July 31 recapitalization deadline, Business Day reported. Some operators…
Insurers hedge on Trump-backed pledge to curb treatment denials
One year after the Trump administration announced that dozens of health insurers had signed a six-part pledge promising to reduce barriers to doctor-recommended care, some insurers now say they won't implement all the promised initiatives.
New liquor liability insurance program promises affordable coverage for at-risk businesses
New liquor liability insurance program promises affordable coverage for at-risk businesses New liquor liability insurance program promises affordable coverage for at-risk businesses A new partnership between the South Carolina Bar and Tavern…
Tirunelveli Collector reiterates appeal to insure crops against Super El-Nino effect
District Collector Anand Mohan, who recently exhorted agriculturists to insure their crops against possible loss from Super El-Nino effects, renewed his appeal in the farmers' grievance redress meeting held at the Collectorate on Friday. He said…
Broker's call: HDFC Life Insurance (Buy)
Gross written premium rose 15 per cent y-o-y to ₹17,168 crores, driven by a robust 19 per cent y-o-y growth in renewal premium collections to ₹9,020 crore. The company reported a 7 per cent y-o-y growth in Individual APE at…
Ask the Tax Editor, July 17: Higher Health Insurance Premiums
Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she's looking at four tax questions from readers on the Obamacare premium tax credit. (Get a free…
Prediction markets get bad press-But can they decode the news? You bet.
Thursday's news that a White House employee was on unpaid leave amid allegations he'd gone betting on the content of Donald Trump's speeches was hardly an eyebrow-raiser. It could easily be dismissed as simply the latest in a string of cases…
Fidelis Insurance (NYSE:PLGO) Hits New 52-Week High - Should You Buy?
Fidelis Insurance Holdings Limited (NYSE:PLGO - Get Free Report)'s stock price hit a new 52-week high on Friday. The stock traded as high as $26.02 and last traded at $25.8440, with a volume of 29842 shares changing hands. The stock had previously…
Assetmark Inc. Acquires 32,135 Shares of The Hartford Insurance Group, Inc. $HIG
Assetmark Inc. raised its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 4.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional…
Harel Insurance Investments & Financial Services Ltd. Invests $465,000 in Qualcomm Incorporated $QCOM
Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange…
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