Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Neglect an expensive error when it comes to insurance
There's nothing like a big number to frighten consumers, especially when it comes to them being left out of pocket at a time of crisis. Insurer Outsurance this week estimated that many homeowners could be undervaluing the cost of rebuilding or…
Tesla boom raises concerns over Korean auto insurers' loss ratios
The growing popularity of imported electric vehicles (EVs) such as Tesla's Model Y in Korea is raising concerns among non-life insurers that high repair costs could push up auto insurance loss ratios, industry officials said Sunday. Figures from…
Insurance query
My parents are interested in Ayurvedic treatment. With a regular health insurance for them, I am concerned about how claims in Ayurvedic treatment will be handled. Can you please explain what to look for in Ayush related claims in health insurance?
5 jailed for renting luxury cars, faking crashes to claim insurance payouts in Dubai
Five individuals were jailed by a Dubai court for renting luxury cars, altering their documents and subletting them before staging crashes to try and secure insurance payouts. The Dubai Criminal Court also fined the defendants and ordered them to…
Fidelis Insurance (NYSE:PLGO) Stock Gets Downgrade from Wall Street Zen
Fidelis Insurance (NYSE:PLGO - Get Free Report) was downgraded by Wall Street Zen from a 'buy' rating to a 'hold' rating in a research note issued to investors on Sunday, Wall Street Zen reports. PLGO has been the subject of a number of other…
The Hartford Insurance Group, Inc. $HIG Shares Sold by Curated Wealth Partners LLC
Curated Wealth Partners LLC lowered its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 92.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange…
Skyward Specialty Insurance Group (NASDAQ:SKWD) Raised to Buy at Wall Street Zen
Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) was upgraded by analysts at Wall Street Zen from a 'hold' rating to a 'buy' rating in a report issued on Sunday, Wall Street Zen reports. Several other research analysts also…
Twenty Hours a Week at an Amazon Warehouse for Health Insurance at 60? Here Is the Math a Retired Paralegal Will Run
Let's assume a legal assistant is laid off from a law firm at 60. Before being laid off, she had $350,000 saved and five years until Medicare. Health insurance is now her biggest open question, and a part-time shift at Amazon (NASDAQ:AMZN | AMZN…
Hamilton Insurance Group, Ltd. (NYSE:HG) Stock Has Consensus Target Price of $36.00
Hamilton Insurance Group, Ltd. (NYSE:HG - Get Free Report) has earned an average recommendation of 'Moderate Buy' from the nine analysts that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating…
204,857 The Hartford Insurance Group, Inc. $HIG Shares Bought by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. lifted its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 222.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange…
Why hedge funds could be making a bond market shock more likely
Bank of England deputy governor Sarah Breeden said hedge funds' growing presence in bond markets heightens the risk of financial shocks spreading across markets. The IMF this week warned that hedge funds' use of leverage and crowded trading…
CoreWeave Woes Risk Shutting Down AI Junk Market: Credit Weekly
Junk bond buyers are increasingly freezing out tech startups looking for financing, as CoreWeave Inc.'s pain raises bigger questions about how artificial intelligence companies will fund themselves. Yields on CoreWeave's junk bonds surged to 15%…
Intensifying drone attacks on ships in Black Sea bring war ever closer to Nato shores
The first the crew of the Bulgarian ferry Dioscuria knew of an attack on a cargo ship in their country's exclusive economic zone in the Black Sea in the early hours of 6 October was a distant explosion 70 miles off the coastal town of Byala. The…
Rare Van Gogh exhibition underscores HK's global art hub ambitions
A Vincent van Gogh painting that has been out of the public eye for over 60 years was exhibited in Hong Kong, ahead of a Sotheby's auction in New York where it is expected to fetch about $180 million. SCROLL TO CONTINUE WITH CONTENT The artwork…
154,000 people born before 1960 told 'make call' or miss DWP £300
People are being urged to make a call or risk missing out on up to £300 of financial help. Rising costs have hit many households hard as everything from food to energy has soared in price over recent years. One benefit is available to most…
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