Flood insurance likely doesn’t cover storm damage in your basement
A flooded street caused by the rain and storm surge from Hurricane Debby on Aug. 05, 2024, in Cedar Key, Florida. Joe Raedle | Getty Images You need a separate …
Insurance industry
CrowdStrike losses and warning from Warren Buffett on cyber insurance
Passengers seen waiting after a major disruption in Microsoft Corp.’s cloud services caused widespread flight cancellations and delays at T3 IGI Airport in New Delhi, India, on July 19, 2024. …
Florida, California insurance crisis is spreading. Is your state next?
An insurance crisis that has sent premiums skyrocketing and caused carriers to flee coastal states like Florida and California is spreading, and it is fundamentally changing the real estate market in states …
Warren Buffett worried about ‘huge losses’ in booming insurance market
One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s annual shareholder meeting in Omaha last month was that …
Chubb is Warren Buffett’s Berkshire Hathaway secret stock pick
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett finally revealed his secret stock pick in a new regulatory …
Why car insurance rates are increasing in the U.S.
Car insurance is getting more expensive. The average annual premium for full coverage auto insurance in the U.S. rose to $2,543 in 2024 — up 26% from the previous year, …
Wegovy heart health approval won’t mean broad insurance coverage yet
Victoria Klesty | Reuters In the U.S., Wegovy is no longer just for weight loss. The blockbuster drug — one of a handful of weight loss treatments to skyrocket in …
Wegovy heart health approval won’t mean broad insurance coverage yet
Victoria Klesty | Reuters In the U.S., Wegovy is no longer just for weight loss. The blockbuster drug — one of a handful of weight loss treatments to skyrocket in …
Why your credit score may be to blame
Catherine Falls Commercial | Moment | Getty Images If you’ve noticed the cost of your car insurance policy has gone up, you’re not alone. Inflation takes some of the blame, …
Allstate, Allianz invest $265 million in Next Insurance
A pedestrian walks by an Allstate Insurance office on June 09, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Allstate and Allianz are making …