Insurance

Oaktree Capital Management co-chairman Howard Marks revised the government interventions in Wednesday's memo titled "Shall We Repeal the Laws of Economics?" The billionaire investor, known for his outstanding investments in distressed debt, argued that economic systems operate on fundamental laws,...

A heated debate over the U.S. healthcare system erupted on X, pitting billionaire entrepreneur Mark Cuban against Sen. Elizabeth Warren (D-Mass) over the root causes of soaring drug prices. What Happened: The clash, unfolding as of Friday, has reignited discussions on Pharmacy Benefit Managers (...

Billionaire entrepreneur Mark Cuban has proposed a bold plan to revolutionize the U.S. healthcare system, eliminating traditional insurance premiums and introducing transparent pricing. What Happened: Cuban’s recent proposal, posted on social media platform X, comes amid growing frustration...

Self-driving cars are poised to disrupt the $430-billion U.S. auto insurance market, according to Goldman Sachs, as fewer accidents and shifting risks could cut insurance costs by more than half over the next 15 years. In a research note shared Monday, Goldman analyst Mark Delaney indicated that...

Tesla Inc (NASDAQ:TSLA) offers insurance for its vehicle owners in a select number of states, a move that could offset higher costs from traditional insurance companies on their electric vehicles. A new report says Tesla might be losing money on its insurance division. What Happened: With the...

The insurer plans to set up a subsidiary that will run a 20 billion yuan fund investing in stocks and fixed-income instruments Key Takeaways: Sunshine's asset management unit will set up a wholly owned subsidiary that will run an investment fund using 20 billion yuan from the company's life...

UNH climbs over 17 Points after the Alert UnitedHealth Group Inc. (UNH) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions.  Today, at 10:09AM on May 15th, a significant trading signal occurred...

UnitedHealth Group, Inc. (NYSE:UNH) has fallen nearly 50% over the past month, fueled by a series of negative catalysts.  Several analysts have slashed price targets on the stock, but one analyst has seen enough and downgraded UnitedHealth on Wednesday.  What To Know: BofA Securities analyst...

Legendary investor Warren Buffett may have shocked the investing world recently with an announcement that he will be stepping down as the longtime CEO of Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) at the end of 2025. With the latest news, here's a look back at some of the largest acquisitions made by...

Shareholders of UnitedHealth Group, Inc. (NYSE:UNH) filed a class-action lawsuit on Wednesday accusing the company of misleading investors by concealing the negative business impacts that followed the December 2024 killing of UnitedHealthcare CEO Brian Thompson. The Details: The lawsuit alleges...

Cigna Group (NYSE:CI) on Friday reported first-quarter 2025 revenue of $65.45 billion, beating analyst estimates of $60.39 billion. Sales increased 14% year over year, reflecting the growth of existing client relationships and strong specialty pharmacy growth in Evernorth Health Services. The...

UnitedHealth Group Inc. (NYSE:UNH) shares were down by more than 21% Thursday, the stock's worst drop since 1998, after the company reported worse-than-expected quarterly results due in part to the rising cost of health care in the U.S. CEO Andrew Witty provided additional insights on the company's...

Tesla Inc (NASDAQ:TSLA) owners have been subject to increased reports of vandalism and targeted attacks as the electric vehicle company faces declining brand value in the wake of CEO Elon Musk's continued political push. Those same owners could be in for another challenge in 2025: increased...

UnitedHealth Group (NYSE:UNH) is demanding swift repayment of $8.9 billion in emergency loans it issued to medical providers following a massive cyberattack on its subsidiary, Change Healthcare, last year. The shutdown of Change Healthcare's systems triggered a healthcare crisis, halting medical...