Insurance

The online insurance broker is looking to build a capital buffer as commission fees shrink and policy providers increasingly sell directly to customers  Key Takeaways： Shouhui's revenue fell 15% to 1.39 billion yuan in 2024, hit by weaker demand for life assurance The company ranks as China'...

HealthEquity Inc (NASDAQ:HQY) reported fourth-quarter financial results after the market close on Tuesday and shares are sinking. Here’s a rundown of the report. Q4 Revenue: $311.82 million, versus estimates of $306.05 million Q4 Adjusted EPS: 69 cents, versus estimates of 72 cents Total...

No-fault laws are one of the contributing factors to why car insurance premiums climb higher in some states. Twelve states hold these rules and demand that your insurance covers your injuries after a crash despite who caused it. What are no-fault laws? In a typical setup, the at-fault driver's...

Insurance company Root Inc (NASDAQ:ROOT) reported fourth-quarter financial results after market close Wednesday. Here are the key highlights. What Happened: Root reported fourth-quarter revenue of $326.7 million, beating a Street consensus estimate of $291.0 million according to data from Benzinga...

EverQuote, Inc. (NASDAQ:EVER) shares are trading higher on Tuesday. On Monday, the company reported fourth-quarter results and issued first-quarter revenue guidance above estimates. The company reported EPS of $0.33, missing the $0.39 estimate, while sales of $147.46 million exceeded the $133.86...

Citizens Capital Markets analyst Matthew J. Carletti reiterated the Market Outperform rating on ProAssurance Corporation (NYSE:PRA), with a price targe of $20. The company reported on Monday fourth-quarter results, where net investment income increased 9%. Gross premiums written fell 0.5% to $207....

Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban has called the U.S. healthcare system, “f****d up” while highlighting deductibles as “the biggest problem in healthcare,” which are designed by insurance companies. What Happened: Cuban...

Conglomerate Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) shares hit all-time highs Monday on the heels of the company's annual shareholder letter from CEO Warren Buffett. An analyst sees more upside ahead after the report. The Berkshire Hathaway Analyst: Keefe, Bruyette & Woods analyst Meyer...

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...