Investments

Hedge funds speculating on wildfire insurance claims in California were just dealt a legal blow.

Flood insurance company Neptune Insurance Holdings Inc.'s shareholders are seeking to raise $368.4 million.

Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.

Joe Toledano, head of insured solutions for Morgan Stanley's wealth division and E-Trade, tells how insurance has gone from almost an afterthought for many financial planners to something that's central to what they do.

Neptune Insurance filed for an IPO showing growing revenue for the flood insurance company.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.

Municipal bond insurance volume grew 12.6% in the first half of 2025 year-over-year, according to LSEG data.

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.

A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.