Finance

The Fed's half-point cut in interest rates, which could be just the first such action in the current economy, will affect everything from premium rates and insurers' investments to the value of annuities and efficiency of operations.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.

Berkshire Hathaway Inc. became the first US company outside of the tech sector to surpass $1 trillion in market value.

The revisions also revise how the surplus is calculated to evaluate risk of the bonds used as part of the available asset portion of the capital requirements.

Risks include pushing debt-to-income ratios too high for qualifying and rising costs leading to defaults, all of which affect the secondary markets.

California and Oregon are experiencing yet another record-setting year of wildfires amid increasing uncertainty about FEMA and property insurance backstops.

New insurance written in the second quarter was only 2% lower year-over-year, the smallest drop in nearly three years.

State Farm, Aflac and Gallagher executives talk about what they look for when considering insurtech startups for investment.

Advocates and critics weigh in on condo title-risk mitigants that cost less upfront than traditional insurance as climate risks add to broader coverage costs.

Swiss Re Institute predicts life insurers will gain $1.5 trillion of savings premiums over the next decade, reaching about $4 trillion in savings premiums by 2034.

BlackRock Inc.'s private-debt business is exploring ways to tap the deep pockets of insurance companies that are increasingly looking to boost their allocations to the asset class.

Sales pitch suggestions on how to sell life insurance to younger people.

There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.

Berkshire Hathaway Inc.'s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. Operating earnings also rose, buoyed by his collection of insurance businesses.

At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.

Assured's controlling vote is "important to investors who were reassured to hear that there would be a large sophisticated party with a significant economic interest in the success of the project," the insurer said.

The Biden Administration's title waiver pilot has started a broader discussion on whether the product is worth the money paid or even needed at all and can be replaced by an alternative.

Extreme weather could aggravate growing property insurance pressures on governments.

The conglomerate reported fourth-quarter operating earnings of $8.48 billion on Saturday, versus $6.63 billion for the same period a year earlier, helped by an increase in insurance underwriting earnings and investment income amid higher interest rates and milder weather.