Insurance

Murder suspect Luigi Mangione was indicted Tuesday on upgraded murder charges in the death of UnitedHealthcare CEO Brian Thompson and will no longer fight extradition from Pennsylvania to New York. What Happened: Thompson, who was the CEO of UnitedHealth Group (NYSE:UNH)’s insurance unit...

A McDonald's Corp (NYSE:MCD) restaurant in Pennsylvania became the location of a police arrest for the suspect now charged with the murder of UnitedHealthcare CEO Brian Thompson. The arrest, which came from customers and employees recognizing suspect Luigi Mangione from surveillance photos released...

Luigi Mangione, the suspect in the murder of UnitedHealthcare CEO Brian Thompson, is fighting extradition from Pennsylvania to New York, where the shooting occurred. What Happened: Mangione, who was arrested at a Pennsylvania McDonald's Monday, appeared in court Tuesday afternoon for an extradition...

Luigi Mangione was arrested in Pennsylvania Monday morning as a person of interest in the murder of UnitedHealthcare CEO Brian Thompson. He has now been charged with the murder of Thompson and details are emerging as people interview friends and family and comb through his various social media...

Luigi Mangione, arrested in Pennsylvania Monday morning, is a person of interest in the murder of UnitedHealthcare CEO Brian Thompson, according to New York officials. What Happened: The CEO of UnitedHealthcare, a unit of UnitedHealth Group (NYSE:UNH), was killed in New York City Wednesday,...

Law enforcement have arrested a person and are questioning them in potential connection to the death of UnitedHealthcare CEO Brian Thompson. Here are the details. What Happened: The CEO of UnitedHealthcare, a unit of UnitedHealth Group (NYSE:UNH), was killed in New York City Wednesday and police...

Short-sellers are targeting Globe Life Inc. (NYSE:GL), alleging agency closures, and questionable business practices at the company’s subsidiary. According to JPMorgan analyst Jimmy S. Bhullar, the allegations made in the short-seller report lack credibility and are riddled with inaccuracies...

EQUA Specialty Risk Partners, a Canadian-owned insurance brokerage, is taking on one of the cannabis industry's most pervasive challenges: stigma. Through education, advocacy and innovative risk management strategies, EQUA seeks to transform how cannabis businesses access insurance.  In an...

Most investors dismiss insurance stocks as the boring niche in the finance sector without realizing that this industry could significantly outperform all others during an economy ridden by threats of prolonged higher inflation. Today's environment is ripe for insurance businesses to rally...

Allstate Corp (NYSE:ALL) reported $630 million in catastrophe losses related to Hurricane Helene alone. The company reported total estimated catastrophe losses of $889 million for September, more than twice the amount reported for the same month last year.  What Happened: The impact of...

Investors are always looking for stocks that are poised to beat at earnings season and RLI Corp. (NYSE: RLI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because RLI is seeing favorable earnings estimate...

Insured losses are way higher than originally anticipated due to the havoc from back-to-back hurricanes. What Happened: Moody’s Risk Management Solutions, or RMS, crunched the data to determine the financial impact of Hurricanes Milton and Helene. The firm expects total insured losses to...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from...

The Travelers Companies, Inc. (NYSE: TRV) is set to report third-quarter 2024 earnings on Oct. 17. TRV delivered an earnings surprise in two of the last four quarters and missed twice, the average beat being 7.47%. Factors to Consider Travelers' third-quarter results are likely to benefit from...

It might be surprising for some to hear that 2024 has been a great year for stocks in the insurance industry. In fact, every single large-cap insurance stock in the United States and Canada trading region has a positive return this year. Additionally, the iShares U.S. Insurance ETF (ARCA: IAK) has...