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Self-Driving Cars May Slash Insurance Costs 50% By 2040, Challenge Traditional Insurers: Goldman Sachs
2025 Jun 09, 9:24am | 704Self-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...
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Is Tesla Insurance Losing Money? New Report Says Business Not Sustainable
2025 May 29, 4:28pm | 515Tesla 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...
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Sunshine Chases Investment Income Amid Tepid Demand For Its Insurance
2025 May 21, 7:47am | 1248The 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...
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UnitedHealth Stock Rises 7% After Key Signal
2025 May 16, 7:30am | 614UNH 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...
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UnitedHealth Stock Caught In A Perfect Storm, Falls Nearly 50% Since April
2025 May 14, 6:51pm | 483UnitedHealth 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...
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Warren Buffett's Big Bets: 10 Of Berkshire's Largest Deals Reveal Diversification Strategy
2025 May 12, 11:12am | 689Legendary 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...
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UnitedHealth Investors Claim Company Hid Profit Impact Of CEO's Murder
2025 May 08, 6:45pm | 372Shareholders 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...
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Cigna CEO Says Strong Q1 Earnings, Increased Outlook Reflect Strength In Growth Platforms
2025 May 02, 9:28am | 580Cigna 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...
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UnitedHealth CEO Says High Cost Of US Health Care 'Simply Not Sustainable'
2025 Apr 17, 12:00pm | 480UnitedHealth 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...
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Tesla Owners Face New Challenge Amid Tariffs, Vandalism: Insurance Costs Going Up Twice The National Rate
2025 Apr 15, 6:52pm | 592Tesla 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...
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UnitedHealth Demands Rapid Repayment Of Cyberattack Relief Loan Billions, Providers Say Push Undermines Recovery (Updated)
2025 Apr 15, 3:00pm | 892UnitedHealth 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...
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W. R. Berkley Stock Soars After Mitsui Sumitomo Investment Signals Long-Term Growth Alignment
2025 Mar 28, 9:19am | 395W. R. Berkley Corporation (NYSE:WRB) shares surged Friday after the company confirmed that Japan's Mitsui Sumitomo Insurance (MSI) will acquire a 15% stake through a newly announced investment and voting agreement. The stake will be acquired through open market purchases or private third-party...
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Shouhui Pushes For Protective IPO As Risk Factors Multiply
2025 Mar 19, 8:30am | 948The online insurance broker is looking to build a capital buffer as commission fees shrink and policy providers increasingly sell directly to customers Key Takeaways: Shouhui's revenue fell 15% to 1.39 billion yuan in 2024, hit by weaker demand for life assurance The company ranks as China'...
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HealthEquity Stock Falls After Reporting Q4 Results: Revenue Beat, EPS Miss, Soft Guidance
2025 Mar 18, 5:05pm | 390HealthEquity Inc (NASDAQ:HQY) reported fourth-quarter financial results after the market close on Tuesday and shares are sinking. Here’s a rundown of the report. Q4 Revenue: $311.82 million, versus estimates of $306.05 million Q4 Adjusted EPS: 69 cents, versus estimates of 72 cents Total...
Coverage of Insurance.