insurance industry

Don't Bet Against Warren Buffett

There's nothing cutting edge about the companies Berkshire Hathway owns. What's more, when Warren Buffett leaves, who will manage the company?

Regulators Probe 'Inherently Deceptive' Insurance Marketing

In three states, regulators have started or widened investigations into insurers after a judge described MetLIfe Inc%u2019s (MET) marketing of asset accounts as "inherently deceptive." On Sept. 10, U.S. District Judge Larry Hicks in Reno, Nevada said that MetLife gave customers the misimpression that its Total Control Account Money Market Option account for death benefits was protected by the Federal Deposit Insurance Corp., Bloomberg News said.

Cadillac Escalade Still America's Most Stolen Vehicle

The Cadillac Escalade 2007-09 leads the road in terms of insurance theft losses according to new data from the Highway Data Loss Institute. Overall theft losses are a measure of the rate at which insurance claims are filed and the size of payment for these claims.

Insurers Prepare for a Rough Storm Season

Tornadoes, floods, severe weather: It's shaping up to be another bad year on the natural disaster front, and that could place increased pressure on the U.S. insurance industry.

Insurers Feeling the Urge to Merge in 2010

Mergers and acquisitions will dominate the insurance and reinsurance market next year. The industry will fuel its urge to merge with balance sheets rehabilitated over the past year.

Insurers Will Hike Hedge Fund Holdings in 2010

Insurance companies cut their hedge fund allocations in 2009, but the sting of the financial crisis will wear off next year, when we're likely to see the industry turn back to the sector.