Insurance Archives - Spark Newswire

2 minute read

South Florida Grapples With Rising Flood Waters: What Are The Implications For Insurance Sector?

June 13, 5:16 PM

South Florida faces more intense flooding as heavy rains continue. Insurance providers' stocks remain flat while Gov. DeSantis declares state of emergency.

ALL

1 minute read

UnitedHealth’s OptumRx Unveils New Transparent Drug Pricing Initiative for 2024

By Vandana Singh

May 21, 10:54 AM

UnitedHealth's OptumRx will implement a new pricing model, OptumRx Clear Trend Guarantee, starting next year.

CAH

1 minute read

AIG Reduces Corebridge Stake, Sells 120M Shares To Nippon Life

By Akanksha Bakshi

May 16, 10:18 AM

AIG chief executive Peter Zaffino praised Nippon Life for "its leadership in the Japanese insurance market".

AIG

2 minute read

Warren Buffett’s Berkshire Buys Up Chubb As Insurance Market Faces ‘Trouble’: A Bold Contrarian Bet?

By Surbhi Jain

May 16, 8:33 AM

Warren Buffett's Berkshire Hathaway bought 26 million shares of Chubb, causing the stock to soar 8.21%. This move reflects his contrarian approach and confidence in the company's long-term prospects amidst challenges in the insurance industry.

BRK

1 minute read

Chubb Stock Climbs After Berkshire Hathaway Purchases Shares

By Erica Kollmann

May 15, 5:09 PM

Chubb shares are trading higher after the bell Wednesday after an SEC filing showed Berkshire Hathaway purchased shares of the stock. Chubb is one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance and life insurance.

2 minute read

US Senate Grills UnitedHealth CEO Over Cyberattack Fallout, Ransom Payment

By Vandana Singh

May 1, 3:52 PM

UnitedHealth Group's CEO addresses Senate concerns over cybersecurity risks, reassuring stability amid recent challenges. Learn more about the implications for healthcare and the economy.

UNH

1 minute read

Root Stock Rips Higher Following Q1 Earnings: The Details

By Adam Eckert

April 30, 5:25 PM

Root says it "nearly quadrupled" total new writings and grew policies-in-force 101% on a year-over-year basis.

ROOT

2 minute read

Short Seller Targets Primerica Stock Claiming Agents Are Engaged In Deceptive Behavior, Shares Sink

By Adam Eckert

April 18, 12:02 PM

Short-selling firm the Bear Cave has targeted Primerica stock in a new bearish report claiming the company's highest producing agents are engaged in misleading, false, or deceptive behavior.

PRI

1 minute read

This CNO Financial Group Analyst Is Turning Bullish: Health, Life Products Exhibit ‘Consistent Profitability’

By Priya Nigam

April 16, 10:59 AM

CNO Financial Group Inc (NYSE: CNO) and other financial stocks have been in focus after some of the sector’s biggest banks reported first-quarter results.

CNO

2 minute read

UnitedHealth, Humana, CVS Shares Are Sliding Monday: What’s Going On?

By Adam Eckert

April 1, 5:00 PM

Shares of several medicare insurers are trading lower in Monday's after-hours session after the Centers for Medicare & Medicaid Services (CMS) finalized payment updates.

CVS