The rapid increase in the number of new energy vehicles in China has led to a financial conundrum for the country’s insurers. The insurers are finding it challenging to make a profit from insuring these vehicles, despite charging...
Opinion by Daniel Kaniewski
(CNN) — Natural disasters can have devastating financial consequences for individuals and households, yet few are fully protected. With a record number of recent disasters, including severe...
A Berkshire Hathaway insurer is insisting it does not owe $1.3 million in claimed business income losses to a cannabis growing company after a building fire shuttered one of its...
By now, the higher cost of goods and services may have prompted you to consider using buy now, pay later plans, credit cards or other options to cover everyday expenses. These options can be easy to turn to...
US home insurers suffered their worst underwriting loss this century in 2023, hit by a toxic brew of natural disasters, high inflation, and rising populations in high-risk areas, putting pressure on financial markets. Data from rating agency AM...
