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Insurance News

Insurance news continually updated from thousands of sources around the net.

4 min ago | The Washington Post

Volt Beats Leaf in Insurance Industry's Electric-Car Crash Tests

General Motors Co.' s Chevrolet Volt passed the U.S. insurance industry's toughest frontal crash test, while Nissan Motor Co.'

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Related Topix: Arlington, VA, Business News

Tue Jul 29, 2014

AmericanBankingNews.com

White Mountains Insurance Group (WTM) Releases Quarterly Earnings Results

White Mountains Insurance Group released its earnings data on Tuesday. The company reported $15.53 earnings per share for the quarter, beating the analysts' consensus estimate of $8.12 by $7.41, American Banking News.com reports.

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Related Topix: White Mount Ins GRP LTD Berm

TheStreet.com

How Will Allstate (ALL) Stock Be Affected By This Downgrade?

Allstate shares are down -1% to $57.35 in pre-market trading today. TheStreet Ratings team rates ALLSTATE CORP as a Buy with a ratings score of A+.

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Related Topix: Allstate, Financial Markets

KISS 108

Surprise! Large Insurance Companies Are Raking In Cash, Thanks To Obamacare

Top health insurer Aetna reported boosted profits in the second quarter since Obamacare has been in effect as large insurance companies continue to win big from the health-care law.

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Related Topix: Aetna

Wall Street Journal

Modern Home, Lush Landscape

A Warren Platner-designed contemporary home in Greenwich, Conn., employs feng shui principles and features landscaped gardens with a greenhouse, fountains, a lily pond and a shared lake.

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Related Topix: Home Listing, Home, Interior Design, Arts, Greenwich Village (New York, NY), MetLife, Manhattan, NY, New York, NY, Brooklyn, NY

Forbes.com

As Profits Roll In, Aetna To Expand On Obamacare Exchange In 2015

The Hartford-based health insurance giant, which raised its earnings guidance for the year to $6.45 to $6.60 per share from $.6.35 to $6.55, said during its second-quarter earnings call that its full year 2014 profits will be higher thanks to growth in lines of business across the company.

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Related Topix: Aetna, Health Insurance, Health, Medicaid, Business News

The Republic

Aetna 2Q profit rises 2.4 percent

Aetna Inc. on Tuesday reported profit that climbed by 2.4 percent in its second quarter, and topped analysts' expectations.

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Related Topix: Aetna, Hartford, CT

The Age

Housing, consumer data boosts ASX

Strong unofficial housing sector and consumer confidence data helped the Australian sharemarket finish ahead on Tuesday, despite some heavy losses in QBE Insurance and ALS Ltd as company reporting season continued with more disappointing news.

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Related Topix: Australia, Oceania, World News, QBE Insurance Group, Telstra Corporation, Telecom

Mon Jul 28, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The report is available at 'www.fitchratings.com'. Additional information is available at 'www.fitchratings.com'... )--PartnerRe Ltd. today reported net income of $257.7 million, or $5.02 per share for the second quarter of 2014.

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Related Topix: Indianapolis, IN, PartnerRe, Semiconductors, Amkor Technology, Electronics, Startups, Intevac, Exactech, Medicine, Medical Equipment, Healthcare Industry

AmericanBankingNews.com

Panmure Gordon Reiterates Hold Rating for RSA Insurance Group plc

's stock had its "hold" rating restated by Panmure Gordon in a research note issued on Monday.

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Related Topix: Royal and Sun Alliance Insurance Group, Sanford C. Bernstein

Yorkton This Week & Enterprise

Most actively traded companies on the TSX

Kerr Mines Inc. . Miner. Down 0.5 cents, or 16.67 per cent, to 2.5 cents on 7.1 million shares.

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Related Topix: Anthem, Talisman Energy, Energy, Oil & Gas

Hispanic Business

Jody A. Beresin Named Executive Vice President and Chief...

She is responsible for Human Resources, Corporate Communications, Corporate Services and Information Technology and continues to report to 'As a member of the executive management team for the past two years, Jody has made important contributions to a variety of corporate initiatives and been a strong partner for me,' as director of Corporate ... (more)

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Related Topix: Financial Services, Phoenix Companies, Advertising

EETimes

7 Insurance Issues With Your Self-Driving Car

As we gird for the inevitability of fully autonomous cars sometime between 2020 and 2035, we occasionally hear the small, still voices of technologists and industry analysts discussing the significant reduction in automotive insurance rates and how it will add momentum to autonomy.

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Brandon Sun

Athabasca shares drop amid doubts over oilsands asset sale to PetroChina

Athabasca Oil Corp. shares dropped on Monday as the company sought to reassure investors that it's working to close the $1.23-billion sale of its Dover oilsands stake to its Chinese partner.

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Related Topix: Anthem, Canada,

Business Journal

USAA reports mid-year growth

In its mid-year report to members, USAA, a San Antonio-based provider of financial services for the military community, says its net worth has expanded by 13 percent year over year.

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Related Topix: USAA

In-depth Africa

Only 800,000 Nigerian adults have insurance - NEPAD

The New Partnership for Africa's Development has raised the alar over the low penetration of the insurance industry, despite current reforms and innovation introduced by the National Insurance Commission .

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Reuters

Hiscox profit falls as forex loss, lower reinsurance rates hurt

Hiscox Ltd posted a 31 percent fall in first-half profit as the Lloyds of London insurer and reinsurer continued to feel the pinch of declining reinsurance rates and recorded a foreign exchange loss compared with a gain a year earlier.

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Related Topix: Lloyd's of London

Sun Jul 27, 2014

Examiner.com

Insurance money in your pocket

In November of 2014 the people of the State of California will be casting their votes for several very important state offices, not the least of which is the office of Insurance Commissioner.

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Related Topix: Health Insurance, Health

USA Today

Get ready for Berkshire Hathaway earnings

Billionaire investor Warren Buffet's Berkshire Hathaway, one of the world's largest holding companies, is scheduled to post second-quarter results Friday after the market closes.

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Related Topix: Business Wire, Construction, Berkshire Hathaway , Startups, Berkshire Hathaway, Empire Group, Investment Services

The Motley Fool

How Warren Buffett Views Mergers and Acquisitions

"[I]nvestors can always buy toads at the going price for toads. If investors instead bankroll princesses who wish to pay double for the right to kiss a toad, those kisses had better pack some real dynamite.

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Related Topix: Warren Buffett, Business Wire, Construction, Berkshire Hathaway , Startups, Berkshire Hathaway, Empire Group, Investment Services, Sears Holdings Corporation

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