insurance

Aon PLC (NYSE: AON), a global professional services firm, announced an agreement Nov. 20 to acquire CoverWallet, a New York startup specializing in digital insurance for small- and medium-sized enterprises. In 2017, CoverWallet won Best Insurtech Solution at the Benzinga Global Fintech Awards....

The long-awaited split between Prudential Public Limited Company (NYSE: PUK) and its subsidiary M&G gives investors the option to target their investment in their preferred portion of the insurance and asset management business. Prudential will focus more on Asian markets, while the...

It sounds like a preposterous movie script, although it still might sell in Hollywood… Close-up on the embattled Greek ship owner. He rubs his worry beads. The banks are closing in, poised to collect on debts in the wake of the global financial collapse. Then, he has an idea, an audacious plan to...

Insured losses from Hurricane Dorian’s direct hit on The Bahamas could approach $5 billion, according to various estimates made as damage assessments began late last week. The total loss, which includes large amounts of uninsured property, could be twice as much.  The catastrophe risk...

Software provider to the P&C insurance industry company Guidewire Software Inc (NYSE: GWRE) reported Thursday fiscal fourth-quarter results which were better than expected but management's guidance disappointed, according to JMP. The Analyst JMP analyst Patrick Walravens maintains a Market...

Auto insurance company Progressive Corp (NYSE: PGR) reported a financial update for the month of July where the company showed a modest but expected slowdown in personal auto policies, according to MKM. The Analyst MKM Partners analyst Harry Fong maintains a Buy rating on Progressive with a $100...

The type of home you choose is a very personal decision. Whether you’re considering a house or condo, there are significant differences that you want to carefully contemplate. If you're a former renter in an affordable city like Minneapolis or an expensive place like New York City, the...

The Clarifying Law Around Insurance Marijuana (CLAIM) Act, aimed at improving insurance options for cannabis businesses, was introduced Monday in the U.S. House of Representatives.  The Legislation Introduced by Rep. Nydia Velázquez, a New York Democrat, and Rep. Steve Stivers, an...

Willis Towers Watson PLC (NASDAQ: WLTW) appears poised to generate higher-than-expected organic revenue growth in the second quarter and could raise full-year EPS guidance, according to Wells Fargo. The Analyst Elyse Greenspan upgraded Willis Towers Watson from Market Perform to Outperform and...

Are traditional retail pharmacies and insurance companies worried about Amazon.com, Inc. (NASDAQ: AMZN)'s push into their respective territories? Public comments from management teams brush off any concerns, but actions taking place behind the scenes may suggest otherwise, according to CNBC....

For businesses across every vertical, insurance coverage comes in several shapes and sizes, but one fact remains the same: every business requires it. From health insurance to property and casualty insurance, companies like Indio Technologies have aided in revolutionizing the processes that...

Progressive Corp (NYSE: PGR) reported strong fourth-quarter results Jan. 23, with 18-percent year-on-year top-line growth and a 200-basis-point expansion in the underlying combined ratio. Progressive’s shares are trading at a discount to the S&P 500, despite its leading ROE profile. The...

The Canadian-based wealth management, life and health insurance company Great-West Lifeco Inc (OTC: GWLIF) announced Thursday that it reached an agreement to sell substantially all of its Colorado-based individual life insurance and annuity business for CA$1.6 billion ($1.2 billion). What Happened...

Investors were trying to react to mixed news from The Travelers Companies Inc (NYSE: TRV) on Tuesday as the insurer reported earnings that beat Wall Street estimates — even with higher claims losses from a major hurricane and wildfires. The company also said Tuesday it plans to reduce...