The plans offer lifelong protection with a cash value component that can provide liquidity along the way.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Class B shares of the company have lagged the S&P 500 by 37 percentage points in the past 12 months, the worst such stretch since 2000.
In Tokio Marine, one of Japan’s “Big Three” non-life insurance groups, Berkshire is making a big bet on the country’s huge insurance sector.
AIG is outperforming insurance industry rivals, according to Goldman Sachs, in adapating to and leverage artificial intelligence.
Berkshire stock, which has lagged the S&P 500 for the past 12 months, fell Monday as results from Warren Buffett’s last quarter underwhelmed.
Nobody is happier about the exit uptick than Blackstone executives, whose realized performance compensation reached $1.1 billion in 2025.
UNH has struggled in recent years on account of rising medical costs and lower-than-expected Medicare Advantage reimbursements.
On Monday Berkshire also announced that CFO Marc Hamburg, who has held the role for 40 years, plans to retire in June.
The third quarter of the year is typically the most expensive time of year for insurers because of extreme weather events.
Novo said cash-paying Americans can now buy Ozempic for $499 per month through various channels including its official website.
Staffing shortages, rising prescription drug use, and costly new therapies have driven inflation in the medical sector.
The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.
While it’s hard to imagine the impact of the disaster, advisors are making sure clients weather both immediate and long-term needs.
As they say: Man plans, and Mother Nature floods his semi-basement. And climate change may melt home values along with glaciers.
California was already contending with a home insurance crisis due to unpredictable weather events. Then came this week’s fires.
So far this year, hurricanes, thunderstorms, and floods have cost the insurance industry a collective $135 billion in losses.