Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
Category: Insurance
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‘Rust’ Killing Forces Hollywood to Make Choices on Guns
Real guns or replicas? Blank fire or special effects? The killing of a cinematographer on a film set has some in the industry rethinking their approach to firearms.
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What to Know About Long-Term Care Insurance
Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know.
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What to Know about Long-Term Care Insurance
Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know.
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Just What the (Urgent Care) Doctor Ordered
Urgent care centers are on every corner: “You’re never more than three minutes away from pizza, a deli or a doctor willing to help.”
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Berkshire Stung by Losses in Its Stock Holdings
The conglomerate’s cash stake swelled to a record $157.2 billion in the third quarter even as it posted $23.5 billion in losses from investments.
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U.S. Already Has 23 Billion Dollar Disasters in 2023
The United States has been hit by 23 large-scale disasters so far this year, and hurricane season is far from over.
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Idalia Could Become Another Multibillion-Dollar Superstorm
The Category 3 hurricane could expose insurers and their customers to huge losses across a wide stretch of Florida, Georgia and the Carolinas.
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Hawaii Wildfires Spur Insurers to Reassess the State’s Risk
Hawaii has long been a low-risk and profitable market for insurers, but the Maui disaster could change that, and even have a global ripple effect.
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How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters
Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight.
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Maui Fires Come at a Moment of Turmoil for the Insurance Industry
Hawaii has the nation’s lowest rates for homeowner coverage because it has not suffered many natural disasters. That may change.
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Berkshire Hathaway Posts Quarterly Profit of Nearly $36 Billion
A rebound in performance at the Geico car insurer helped offset declines in the conglomerate’s freight railroad business.