#insurance

8:51am, 3rd August, 2019

Insurance, economy weigh on Berkshire Hathaway operating profit

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weaker results from insurance underwriting and a slowing economy weighed on the conglomerate run by billionaire Warren Buffett.

U.S. religious centers buy more insurance after raft of shootings

10:26am, 1st May, 2019

US

U.S. religious centers buy more insurance after raft of shootings

U.S. religious centers are buying special insurance to protect them from the financial consequences of an armed intruder opening fire in their buildings.

Axa provided insurance cover for Notre-Dame artworks for a few million euros

10:28am, 24th April, 2019

World

Axa provided insurance cover for Notre-Dame artworks for a few million euros

French insurer AXA said on Wednesday that it had provided insurance coverage for a few artworks from Notre-Dame Cathedral for a maximum amount of a few million euros.

UK car insurance premiums fall 1 percent in first quarter, 2019 - survey

8:11pm, 14th April, 2019

UK

UK car insurance premiums fall 1 percent in first quarter, 2019 - survey

The cost of a comprehensive motor insurance policy fell one percent in Britain in the first quarter, pushed down by uncertainty around the rate used to calculate compensation for personal injuries and the Civil Liability Bill, a survey showed.

U.S judge strikes down rule allowing 'skimpy' health insurance plans

10:28am, 29th March, 2019

US

U.S judge strikes down rule allowing 'skimpy' health insurance plans

A federal judge on Thursday stuck down a Trump administration rule aimed at enabling millions of Americans to buy skimpy health insurance plans that do not comply with key Affordable Care Act requirements - part of administration efforts to chip away...

New York regulator subpoenas insurance broker over Trump Organization dealings

6:47pm, 5th March, 2019

Politics

New York regulator subpoenas insurance broker over Trump Organization dealings

New York State's financial regulator has subpoenaed the insurance broker for President Donald Trump's family business, a person familiar with the matter said on Tuesday, after former Trump lawyer Michael Cohen told Congress the president in...

Exclusive: Wells Fargo says auto insurance remediation will not wrap up until 2020

3:10pm, 29th October, 2018

Business

Exclusive: Wells Fargo says auto insurance remediation will not wrap up until 2020

Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by Reuters.

Exclusive - Amazon considering UK insurance comparison site: sources

8:39am, 16th August, 2018

UK

Exclusive - Amazon considering UK insurance comparison site: sources

Amazon.com Inc is sounding out some of Europe's top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region's financial service...

Collapsed UK retailer BHS pension scheme secured by $1 billion insurance buyout

7:21am, 12th August, 2018

UK

Collapsed UK retailer BHS pension scheme secured by $1 billion insurance buyout

The pensions of 9,000 employees of collapsed British department store chain BHS were secured on Sunday after a specialist insurer announced an insurance buyout of the firm's 'BHS2' scheme covering 800 million pounds of liabilities.

5:26pm, 2nd August, 2018

Business

AIG quarterly profit falls 17 percent as general insurance business weighs

American International Group Inc on Thursday reported a 17 percent fall in quarterly profit as its general insurance business failed to show improvement, missing analysts' expectations.

UK car insurance premiums see biggest annual fall since 2014 - survey

6:55pm, 15th July, 2018

UK

UK car insurance premiums see biggest annual fall since 2014 - survey

The cost of a comprehensive motor insurance policy fell 11 percent in Britain in the second quarter, the biggest annual price fall since 2014, a survey said on Monday.

Trump administration halts billions in insurance payments under Obamacare

9:42pm, 7th July, 2018

Politics

Trump administration halts billions in insurance payments under Obamacare

The Trump administration on Saturday halted billions of dollars in payments to health insurers under the Obamacare healthcare law, saying that a recent federal court ruling prevents the money from being disbursed.