Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight.
Category: Insurance
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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.
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Russian Attack Threatens Even Alternative Routes for Ukrainian Grain
The attack on a grain hangar on the Danube River, an alternative export route that has become an economic lifeline, complicates Ukraine’s efforts to export its grain.
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Titan Submersible Tragedy Sheds Light on Lack of Safeguards for High-Risk Travel
The Titan submersible tragedy spotlights the issues around rescue operations and government oversight as an increasing number of wealthy thrill seekers undertake risky adventures and expeditions.
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Allstate Is No Longer Offering New Policies in California
Like State Farm, which announced a similar move last week, Allstate cited worsening climate conditions that had made doing business there difficult.
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Help! My Tour Got Canceled But Travel Insurance Won’t Pay
Destruction from Hurricane Ian led a tour operator to cancel a 10-day excursion to Cuba, leaving a woman with a useless $1,500 plane ticket. That’s what travel insurance is for, right? Our columnist dives into the red tape.
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Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the conglomerate’s 59th annual meeting.
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Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the conglomerate’s 59th annual meeting.
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Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the conglomerate’s 59th annual meeting.
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First Republic Bank Is Sold to JPMorgan: What to Know
First Republic is the second-largest bank by assets to fail in U.S. history. Here are some answers to questions you may have about what comes next for the bank and for depositors’ money.