News
Buffett Said Berkshire Hathaway Benefited From U.S. Economy’s Unexpected Strengths
Warren Buffett said on Saturday that Berkshire Hathaway Inc is being lifted by a U.S. economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making ...
MarshMcLennan Fills Talent Pool in Wake of Marked Disruption Caused by Aon-Willis Merger
It has not happened yet but the proposed merger of large global insurance brokers Aon and Willis Towers Watson is already being felt at competitor MarshMcLennan. MarshMcLennan is capitalizing on the ...
Insurance, Tech Stocks Outpace InsurTechs in 2021: New HSCM Index
Stock prices of 18 U.S. InsurTechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance technology companies and traditional insurance stocks both ...
China Fintech Firm Clampdown Widens
Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with ...
Liberty Mutual Places Australian Coal Project on Hold, Seeking Alternatives
U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia, it said on Friday, missing a deadline as it weighs alternatives for the proposed ...
In Pandemic Auto Insurance Shopping Boom, Brands Are Secondary: J.D. Power
Nearly half of auto insurance customers have shopped around for new policies during the coronavirus pandemic, but few cared about specific brands, according to the J.D. Power 2021 U.S. Insurance ...
Insurers Reluctantly Will Abide by New Credit Scoring Ban
The American Property Casualty Insurance Association said its insurers will following the law where it concerns Washington Insurance Commissioner Mike Kreidler's emergency regulation banning the use ...
The Latest Launches From USAA and Neptune Flood
USAA expanded its safe driving app into 10 additional states. Neptune Flood has launched its latest capacity program, which is designed to help provide a private flood insurance alternative to the ...