Insurance

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...

While shares of Arthur J. Gallagher & Co. (NYSE:AJG) have declined following the purchase of AssuredPartners, this acquisition is likely to be accretive to earnings from 2025, according to Piper Sandler. The Arthur J. Gallagher Analyst: Analyst Paul Newsome upgraded the rating for Arthur J....

A destructive wildfire continues to rage through the Pacific Palisades section of Los Angeles on Wednesday, forcing more than 30,000 people to evacuate the area.  The Details: Before the fire started, the National Weather Service issued an alert for extreme fire conditions, including wind gusts of...

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,...