Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Floods, calamity losses add to insurers' underwriting woes
Indian general insurers are grappling with mounting underwriting pressure and widening losses as a surge in natural catastrophe claims, particularly from widespread floods, impacts their financial performance and combined ratios. Natural…
California election: Jane Kim declares victory in insurance commissioner race, vows wildfire insurance overhaul
SAN FRANCISCO -- Amidst a roar of cheering support, Jane Kim declared victory Friday in California's race for insurance commissioner, promising sweeping changes to a system she says has failed homeowners facing soaring premiums and shrinking…
Insurance Query: Inclusivity is key
I am hearing-and-speech-impaired. Can I buy an insurance policy and complete the claim process without facing communication barriers? Yes, you absolutely can. Insurance is meant to protect lives, and every individual must be provided with the…
Medical tourism to India could spike if global insurance firms cover treatments: Sangita Reddy
Speaking to PTI on the sidelines of the Garmin Health Summit in Bangkok, Reddy said, 'We have requested the government to lead us on a delegation to work with the insurance companies. If they start covering... then you will see a large segment of…
Xylem Inc. $XYL Stake Lifted by Cincinnati Insurance Co.
Cincinnati Insurance Co. boosted its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 12.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 361,700 shares of the industrial products company's stock…
Valero Energy Corporation $VLO Stock Sold by Cincinnati Insurance Co.
Cincinnati Insurance Co. lessened its stake in Valero Energy Corporation (NYSE:VLO - Free Report) by 36.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 226,668 shares of the oil and…
Her IRA Can Hold a Ladder of Bank CDs Bought Through Her Brokerage, Each One FDIC-Insured
Adding CDs to an IRA can be done without opening a new IRA at a bank branch, signing bank paperwork, or moving retirement money across town. You can buy brokered CDs in an IRA you already hold at a brokerage. The CDs can come from many different…
Berkshire Hathaway accelerates stock buybacks, operating profit falls
Berkshire Hathaway accelerated stock repurchases in the third quarter, as new CEO Greg Abel demonstrated greater willingness to put its enormous cash hoard to use than his predecessor Warren Buffett. SCROLL TO CONTINUE WITH CONTENT The Omaha…
State pension update as you could be owed 'weekly uplift
State pensioners could get an increase to their entitlement by filling in a simple DWP form. The department is writing to more than 300,000 people who could be owed cash. Thousands of people have been underpaid their state pension as they were…
Oscar Predictions: Production Design - Could Something as Innovative and Cool as 'Backrooms' Find Love?
Variety Awards Circuit section is the home for all awards news and related content throughout the year, featuring the following: the official predictions for the upcoming Oscars, Emmys, Grammys and Tony Awards ceremonies, curated by Variety chief…
Letitia James brags that she'll continue to 'sue, baby, sue' in latest threat directed at Trump
Embattled New York Attorney General Letitia James aimed a fresh threat at President Trump this week — bragging that she'll continue to “sue, baby, sue” while claiming she's targeting “oligarchs.” The far-left…
Berkshire Hathaway Stock: BNSF And Energy Steal The Show In Q3 (Rating Downgrade)
Berkshire Hathaway just reported its third-quarter earnings. The release beat analysts' consensus revenue estimate, but the earnings performance was more mixed. Heading into the release, Berkshire had strong momentum, having outperformed the market…
Older drivers warned of nasty surprise if they're still driving over 70
Older drivers could be slapped with hefty insurance rises Older drivers over 70 have been warned of an increase in one running cost upon hitting the milestone birthday, which could come as a nasty surprise. Car insurance rates are determined by a…
Shaq made a backup plan in case he lost his fortune. He says it'll pay him $1 million a month next year
Shaquille O'Neal says he bought a boring financial product years ago in case he squandered his fortune, and it's poised to pay him $1 million a month starting next year. The basketball legend known as 'Shaq' told the story behind his safety net…
Chelmsford woman 'empowered' by post-break-up egg freezing
A 31-year-old woman who froze her eggs after a break-up said it was 'empowering' to seize control of her own future. Ria Webb, from Chelmsford, felt like 'time was running out' while not knowing when she would be in a position to have children.
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