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Insurers Aim to Boost Rates
Finances

Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Bain Capital raises $1.15 billion for first fund dedicated to insurance investments By Reuters

© Reuters. FILE PHOTO: The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim

Pickleball Craze Won't Decimate Big Insurers
Finances

Pickleball Craze Won't Decimate Big Insurers

UnitedHealth signals that insurers can weather an increase in procedures for more-active seniors. Source link

UnitedHealth Lifts Earnings Outlook
Business

UnitedHealth Lifts Earnings Outlook

Healthcare and insurance company UnitedHealth Group said its revenue grew 16% to $92.9 billion in the latest quarter. Source link

Insurers Are in the Hot Seat on Climate Change
Finances

Insurers Are in the Hot Seat on Climate Change

Companies face rising risks and are under pressure from politicians. Source link

Farmers Limits Insurance Sales in Florida, California
Finances

Farmers Limits Insurance Sales in Florida, California

The insurer is the latest to cut back in states where premiums have soared amid storm and wildfire risks. Source link

US Federal Reserve watchdog launches probe of SVB supervision By Reuters
Stock Market

Aviation lessors fight to stop insurance dispute hearings in Russia By Reuters

© Reuters. FILE PHOTO: A general view shows the High Court in London, Britain March 27, 2023. REUTERS/Toby Melville/File Photo LONDON (Reuters) – More than

Consumers to Face New Limits on Short-Term Health Insurance
Business

Consumers to Face New Limits on Short-Term Health Insurance

The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. Source link