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Insurance industry

Warren Buffett worried about ‘huge losses’ in booming insurance market

by Ev Richard
Warren Buffett worried about ‘huge losses’ in booming insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s annual shareholder meeting in Omaha last month was that …

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Categories Technology

Chubb is Warren Buffett’s Berkshire Hathaway secret stock pick

by Adrian Jhonsan
Chubb is Warren Buffett’s Berkshire Hathaway secret stock pick

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC Warren Buffett finally revealed his secret stock pick in a new regulatory …

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Categories World

Why car insurance rates are increasing in the U.S.

by Adesola Mojo
Why car insurance rates are increasing in the U.S.

Car insurance is getting more expensive. The average annual premium for full coverage auto insurance in the U.S. rose to $2,543 in 2024 — up 26% from the previous year, …

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Categories Automobile

Why your credit score may be to blame

by Adrian Jhonsan
Why your credit score may be to blame

Catherine Falls Commercial | Moment | Getty Images If you’ve noticed the cost of your car insurance policy has gone up, you’re not alone. Inflation takes some of the blame, …

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Categories World

What homeowners need to know as insurers leave high-risk climate areas

by Adrian Jhonsan
What homeowners need to know as insurers leave high-risk climate areas

Some insurance companies are pulling back coverage from fire- and flood-prone areas, leaving homeowners with limited affordable options. This trend may even affect the property value of American homes, experts …

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Categories World

Allstate, Allianz invest $265 million in Next Insurance

by Ev Richard
Allstate, Allianz invest 5 million in Next Insurance

A pedestrian walks by an Allstate Insurance office on June 09, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Allstate and Allianz are making …

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Categories Technology

Biden administration to crack down on ‘junk fees’ in retirement plans

by Adrian Jhonsan
Biden administration to crack down on ‘junk fees’ in retirement plans

Julie A. Su, nominee for deputy secretary of Labor, testifies during her Senate Health, Education, Labor and Pensions Committee confirmation hearing in Washington, D.C., on March 16, 2021. Tom Williams …

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Categories World

The insurance market sees money in your climate change travel anxiety

by Monica Lozano
The insurance market sees money in your climate change travel anxiety

Tourists wait in the airport during wildfire evacuations on the Greek island of Rhodes on July 23, 2023. Will Vassilopoulos | Afp | Getty Images Insurance models are being upended …

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Categories Travel

Insurers encounter challenging journey and expensive coverage costs

by Shawn Butlere
Insurers encounter challenging journey and expensive coverage costs

A photo illustration in Chicago, Illinois, shows a selection of injector pens for the Saxenda weight loss drug associated with the Saxenda weight loss drug. The obesity drug Wegovy, developed …

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Categories Health

A Limited Number of Patients Maintain Wegovy Usage Beyond One Year

by Shawn Butlere
A Limited Number of Patients Maintain Wegovy Usage Beyond One Year

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Only around one-third …

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Categories Health

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