Stocks
Berkshire Cash Hits Record High in Abel’s Inaugural CEO Quarter
Berkshire Hathaway's cash reserves surged to an all-time high of $397 billion in Greg Abel's first quarter as CEO, alongside a jump...
#insurance 6 articles
Finance
State Farm Accused of Secretly Cutting Insurance Payouts
Homeowners are suing State Farm, alleging the insurer systematically denies and minimizes payouts for hail damage, exacerbating financial strain amid rising insurance...
Finance
Acko Taps Banks for Potential $350 Million India IPO
Indian digital insurer Acko, backed by General Atlantic, is reportedly hiring investment banks for a potential $350 million IPO, aiming for a...
Finance
Simply Business Brings Insurance Quoting to ChatGPT with Three Data Points
Simply Business has launched a ChatGPT app, allowing small businesses to receive indicative insurance prices using just three data points. This marks...
Finance
Insurance Payments Modernization: A New Frontier for Profitability
Outdated payment systems are eroding insurer margins. Modernization offers a path to significant profit recovery, turning a cost center into a margin...
Finance
Sompo Deepens Australian Market Commitment, Adds Nine Underwriting Experts
Global insurer Sompo has expanded its Australian capabilities by adding a nine-member underwriting team in Sydney and Melbourne, reinforcing its long-term market...