• RMIIA: Industry Losses Hit About $172.8 Million in Colorado Springs Hailstorm

    2 monthes ago - By A.M. Best

    Insurers incurred an estimated $172.8 million in insured losses from a hailstorm that unleashed softball-sized hail on the Colorado Springs area on Aug. 6, according to the Rocky Mountain Insurance ...
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  • NN Cites Underwriting, Cost Gains in 25.6% Second-Quarter Operating Profit Rise

    2 monthes ago - By A.M. Best

    Citing improvements in its nonlife underwriting and reductions in expenses, Netherlands-based financial services group NN Group NV reported operating profit of €508 million in the ...
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  • Trump's Military Parade Is Now Estimated to Cost $92 Million: Report

    2 monthes ago - By Fortune

    Trump's military parade is now estimated to cost taxpayers $80 million more than the original figure.
    The event, intended to honor the nation's veterans, was originally priced at $12 million , but a Department of Defense official, speaking on the condition of anonymity, told CNBC that the updated cost is now estimated at $92 million. The hefty price tag covers security, transportation of parade assets, and temporary duty for troops.
    The November 10 parade will showcase the military's armored vehicles - including tanks, which officials previously thought might be too heavy for Washington's...
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  • Trump's big military parade will reportedly cost $80 million more than expected

    Trump's big military parade will reportedly cost $80 million more than expected

    2 monthes ago - By Business Insider

    President Trump's long-desired military parade is now expected to cost $80 million more than expected, CNBC reported Thursday.
    Congress has already authorized the parade, which is slated to take place on November 10 in Washington.
    WASHINGTON - The grand military parade that President Donald Trump wants to hold in the nation's capital in November is now expected to cost $92 million - $80 million more than the original estimate.
    According to a report by CNBC , the Department of Defense now assesses that the parade will cost significantly more, including $50 million from DOD and $42 million...
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  • Kobe Bryant's $6 million investment in a sports drink is reportedly now worth $200 million

    Kobe Bryant's $6 million investment in a sports drink is reportedly now worth $200 million

    2 monthes ago - By Business Insider

    Kobe Bryant's $6 million investment in sports drink BodyArmor is now worth $200 million, according to a report.
    Bryant was an early investor in the company, which recently sold a majority stake to Coca-Cola.
    Bryant is notoriously thorough, intense investor.
    Kobe Bryant's investment in BodyArmor has reportedly paid off big time.
    According to ESPN's Darren Rovell , Bryant's initial $6 million investment in BodyArmor, billed as a healthier alternative to Gatorade, is now worth $200 million after Coca-Cola purchased a majority stake in the company.
    When Bryant invested in BodyArmor in 2014, it...
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