-
Short Seller Targets Primerica Stock Claiming Agents Are Engaged In Deceptive Behavior, Shares Sink
2024 Apr 18, 12:02pm | 503Primerica, Inc. (NYSE:PRI) shares have turned lower Thursday after the Bear Cave issued a fresh short report on the stock. What Happened: 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...
-
This CNO Financial Group Analyst Is Turning Bullish: Health, Life Products Exhibit 'Consistent Profitability'
2024 Apr 16, 10:59am | 322CNO 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. While the stock has underperformed the broader life insurance group so far this year, its attractiveness is boosted by the “...
-
UnitedHealth, Humana, CVS Shares Are Sliding Monday: What's Going On?
2024 Apr 01, 5:00pm | 422Shares of several medicare insurers including UnitedHealth Group Inc (NYSE: UNH), Humana Inc (NYSE: HUM) and CVS Health Corp (NYSE: CVS) are trading lower in Monday’s after-hours session after the Centers for Medicare & Medicaid...
-
Alarming Rise In Home Insurance Costs Expected To Continue Into 2024: Insurance Stock ETF Soars To All-Time Highs
2024 Apr 01, 11:57am | 949The shadow of escalating home insurance rates looms over American homeowners. A recent report by Insurify paints a worrying picture: a projected 6% increase in rates following a significant 19.8% hike over the past two years, pushing the average annual premium to $2,522 this year. States battered...
-
Molina Healthcare's Downgrade Tied To Potential Trump Presidency, Margin Challenges
2024 Apr 01, 11:22am | 310Shares of Molina Healthcare Inc (NYSE: MOH) added over 5% last month and showed signs of being overbought. The company is poised to witness rate pressure in 2025, following a period of elevated margins, according to BofA Securities. The Molina Healthcare Analyst: Kevin Fischbeck downgraded the...
-
Baltimore Bridge Collapse: Insurers Brace For Possible Historic $4B Payout — Way Bigger Than 2012 Costa Concordia Disaster
2024 Mar 28, 8:42am | 740The catastrophic collapse of Baltimore’s Francis Scott Key Bridge, struck by a Singapore-flagged container ship, could trigger a massive insurance payout, potentially reaching a staggering $4 billion. Surpassing Previous Record: This incident, which tragically left six people...
-
Brown & Brown Rallied 14% After Earnings But Growth Could Decelerate, Analyst Says
2024 Mar 13, 2:59pm | 269Shares of Brown & Brown, Inc. (NYSE: BRO) have been on an uptrend, after the company announced a new revenue target for fiscal 2024. The stock has rallied around 14%, after the company announced its earnings on Jan. 22, outperforming large-cap broker peers and S&P 500 each up +7%, which has...
-
Your Car Might Be Secretly Recording Your Driving Habits And Sending The Data To Your Insurance Company: Report
2024 Mar 12, 3:10am | 591The driving data of millions of Americans is being shared with insurance companies by automakers and data brokers, leading to increased insurance premiums for some drivers. What Happened: Internet-connected vehicles, including the Chevrolet Bolt, are capable of tracking driving patterns such as...
-
Deadly Floods In California Put 38 Million Under Emergency Alert While State Faces Massive Insurance Crisis
2024 Feb 06, 5:10pm | 951At least three people are reported to have died on Tuesday, Feb. 6 as a result of the floods and mudslides that swept across Southern California. Unprecedented levels of rainfall caused low-elevation sections of the Los Angeles area to flood, leaving destruction along its path of water and mud. The...
Coverage of Insurance.