Insurance

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...

W. 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...

The 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'...

HealthEquity 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...

No-fault laws are one of the contributing factors to why car insurance premiums climb higher in some states. Twelve states hold these rules and demand that your insurance covers your injuries after a crash despite who caused it. What are no-fault laws? In a typical setup, the at-fault driver's...

Insurance company Root Inc (NASDAQ:ROOT) reported fourth-quarter financial results after market close Wednesday. Here are the key highlights. What Happened: Root reported fourth-quarter revenue of $326.7 million, beating a Street consensus estimate of $291.0 million according to data from Benzinga...

EverQuote, Inc. (NASDAQ:EVER) shares are trading higher on Tuesday. On Monday, the company reported fourth-quarter results and issued first-quarter revenue guidance above estimates. The company reported EPS of $0.33, missing the $0.39 estimate, while sales of $147.46 million exceeded the $133.86...

Citizens Capital Markets analyst Matthew J. Carletti reiterated the Market Outperform rating on ProAssurance Corporation (NYSE:PRA), with a price targe of $20. The company reported on Monday fourth-quarter results, where net investment income increased 9%. Gross premiums written fell 0.5% to $207....

Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban has called the U.S. healthcare system, “f****d up” while highlighting deductibles as “the biggest problem in healthcare,” which are designed by insurance companies. What Happened: Cuban...

Conglomerate Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) shares hit all-time highs Monday on the heels of the company's annual shareholder letter from CEO Warren Buffett. An analyst sees more upside ahead after the report. The Berkshire Hathaway Analyst: Keefe, Bruyette & Woods analyst Meyer...

CVS Health Corp. (NYSE:CVS) reported a better-than-expected fourth-quarter earnings result and issued an optimistic guidance for the fiscal year 2025 stemming from the expected recovery in its insurance business — Aetna’s turnaround. What Happened: The company provided an initial full-year...

Winter weather is moving into nearly every part of the country this week and threatens to bring several different weather hazards depending on location. An atmospheric river is taking aim at fire-scarred areas of Southern California, while the MidAtlantic and Northeast regions brace for more snow...

Hedge fund manager Bill Ackman sent shares of UnitedHealth Group (NYSE:UNH) lower with a tweet alleging overstated profits, which comes as the health insurance company faces more scrutiny after the death of an executive. What Happened: The health insurance sector faces pressure after the killing of...