Insurance

CVS Health Corp. (NYSE:CVS) reported a better-than-expected fourth-quarter earnings result and issued an optimistic guidance for the fiscal year 2025 stemming from the expected recovery in its insurance business — Aetna’s turnaround. What Happened: The company provided an initial full-year...

Winter weather is moving into nearly every part of the country this week and threatens to bring several different weather hazards depending on location. An atmospheric river is taking aim at fire-scarred areas of Southern California, while the MidAtlantic and Northeast regions brace for more snow...

Hedge fund manager Bill Ackman sent shares of UnitedHealth Group (NYSE:UNH) lower with a tweet alleging overstated profits, which comes as the health insurance company faces more scrutiny after the death of an executive. What Happened: The health insurance sector faces pressure after the killing of...

On Tuesday, Centene Corporation (NYSE:CNC) reported fourth-quarter sales of $40.80 billion. That’s up 3.41% year-over-year, beating the consensus of $39.13 billion. Centene earned an adjusted EPS of 80 cents during the quarter, beating the consensus of 49 cents. For the fourth quarter of 2024...

Chubb Ltd. (NYSE:CB), one of the largest domestic property and casualty insurers, held its fourth-quarter earnings call on Wednesday and addressed the future financial impacts resulting from the recent California wildfires.  The Details: Chubb CEO Evan Greenberg opened the call by expressing his...

Robert F. Kennedy Jr., President Donald Trump's pick for health secretary, addressed a wide range of medical-related topics on Wednesday during a confirmation hearing with the Senate Finance Committee. While Kennedy’s tone in each back-and-forth varied, depending on the senator, it was...

The "excellent margins" achieved by Travelers Companies Inc's (NYSE:TRV) commercial lines in the fourth quarter are likely to prove "more sustainable than we once thought," while personal lines profitability is recovering faster than expected, according to Piper Sandler. The Travelers Companies...

The Hughes fire has grown to more than 10,000 acres Thursday and forced more than 31,000 Californians to evacuate an area near Castaic Lake, about 45 miles northwest of Los Angeles.  What To Know: The latest fire to ravage the L.A. area broke out just before 11 a.m. PT on Wednesday and spread...

While investor sentiment for pet insurance provider Trupanion Inc (NASDAQ:TRUP) is improving due to a decline in the company's input costs, the stock has several "catalysts on the horizon," according to Piper Sandler. The Trupanion Analyst: Analyst John Barnidge upgraded the rating for Trupanion...

As the earnings season gets underway, analysts from BofA Securities released a preview on Friday of what to expect from major insurers' fourth-quarter reports. The firm also took a look at how the Los Angeles area wildfires will affect the companies in the current quarter.  Allstate: BofA expects...

UnitedHealth Group, Inc. (NYSE:UNH) reported its financial results on Thursday after a tumultuous fourth quarter that included the murder of UnitedHealthcare division CEO Brian Thompson and broad public outrage over the nation's health care system.  What To Know: UnitedHealth posted mixed...

Shares of insurance and pharmacy benefit manager (PBM) companies such as Centene Corp. (NYSE:CNC), Elevance Health Inc. (NYSE:ELV), Humana Inc. (NYSE:HUM) and CVS Health Corp. (NYSE:CVS) are trading lower Thursday, likely in reaction to UnitedHealth Group Inc.‘s (NYSE:UNH) disappointing...

The California wildfires and the aftermath have one insurance company saying no to a pricey Super Bowl LIX commercial. What Happened: Anyone who has watched NFL games over the past several years is likely familiar with State Farm commercials, which have featured NFL players, coaches and actor...

After the CEO change at Everest Group Ltd. (NYSE:EG), the new management team needs to take bold steps, like setting lower expectations and put in efforts to ensure the stock produces results more consistently, according to BMO Capital Markets. The Everest Group Analyst: Analyst Michael Zaremski...

Wildfires continue to ravage Los Angeles county on Thursday, causing billions of dollars in damage to homes and businesses. What To Know: Accuweather on Wednesday issued a preliminary estimate of the total damage and economic loss from the Southern California wildfires to be between $52 billion...