$74 billion health insurer Cigna is buying MDLive. Here's what it means for the future of telehealth companies as they look to survive in a post-pandemic world
Summary List Placement Cigna, a health insurer with a market cap of $74 billion, is buying telehealth company MDLive, the companies said Friday. The telehealth startup, which...
18 hours ago - Business Insider - 3 articles
SiriusPoint Launches as $3 Billion Specialty Underwriter
SiriusPoint Ltd. has launched with more than $3 billion in initial capital and will begin trading on the New York Stock Exchange March 1. The Bermuda-based specialty insurer...
19 hours ago - A.M. Best - 3 articles
Oscar's IPO May Not Be Such A Frothy Success
Oscar Health has attempted to upend the insurance market and earlier this month it filed to do an IPO later this year. However, its innovations have not helped to obtain a...
1 day ago - Forbes
My work provides more than enough life insurance for me, but I know that's not usually the case
Summary List Placement Nearly every personal finance decision you make has a tradeoff. If you build up a big emergency fund , you could have been paying down debt instead. If...
1 day ago - Business Insider
Jobless claims show sharp drop last week though labor market remains challenged
First-time claims for unemployment insurance were expected to total 845,000 for the week ended Feb. 20.
2 days ago - CNBC - 7 articles
Best's Market Segment Report: Having Weathered 2020, Similar Challenges Persist for U.S. Property/Casualty Industry in 2021
Many factors that insurers encountered in 2020 likely will continue to impact the financial performance of the U.S. property/casualty industry in 2021, with last year's results...
2 days ago - A.M. Best - 2 articles
Best's Commentary: Auto Insurance Rate Spikes in Argentina Could Lead to Shifts in Market Share
AM Best believes an anticipated spike in automobile insurance rates in Argentina could lead to insurance companies losing market share, although raising prices may help...
2 days ago - A.M. Best - 3 articles
Devoted Health quietly raised $380 million to gear up for fierce competition in the red-hot health-plan market for older people
Summary List Placement Devoted Health, a startup that sells health insurance to seniors, quietly raised $380 million last year, three people familiar with the matter told...
2 days ago - Business Insider - 3 articles
Best's Special Report: London and Bermuda Attract Capital as Insurance Market Conditions Improve
Expectations of a broad hardening in market conditions, as well as the desire to bolster balance sheets in the face of uncertainty around COVID-19-related losses, underpinned...
3 days ago - A.M. Best
Can Molina Healthcare Stock See Higher Levels After A 10% Move?
The stock price of Molina Healthcare, a managed care company best known for its health insurance through Medicaid and Medicare, has seen a 10% rise over the last ten trading...
3 days ago - Forbes - 2 articles
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Bitcoin staged an epic rally in February. Here is a look back at its...
Summary List Placement Bitcoin had a momentous run in February, from catapulting to a market capitalization of $1 trillion to smashing the $58,000-mark. The month also saw...
A worryingly large number of US stocks are expensive, crowded, and pose a...
Summary List Placement Mega-cap growth stocks are overcrowded, expensive, and dampen the outlook for the S&P 500 in 2021, BofA said. A team of strategists said in a Friday note...
A bumpy day leaves stocks mostly lower; bond yields ease
A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P 500 to its second straight weekly loss.
Gold slumps to lowest in eight months as market 'finally wakes' up' to...
Summary List Placement Gold prices Friday slumped to their lowest since mid-2020, under pressure as bond yields continued to spike while investors yanked money out of gold...
US investors were paid record dividends in 2020, study finds
Summary List Placement US stock investors were paid a record amount of dividends in 2020, according to the Janus Henderson Global Dividend Index. Despite the global pandemic...
The SEC suspends trading in 15 stocks because of suspicious activity and...
Summary List Placement The SEC suspended trading in 15 companies on Friday, citing suspicious activity and social-media chatter. The suspension is part of the agency's ongoing...
Tech stocks rebound as bond-market turmoil and reflation trades fade
Summary List Placement US equities closed mixed on Friday as bond yields pared recent gains and tech stocks bounced back slightly. Cyclical assets' underperformance marked a...
$74 billion health insurer Cigna is buying MDLive. Here's what it means for...
Summary List Placement Cigna, a health insurer with a market cap of $74 billion, is buying telehealth company MDLive, the companies said Friday. The telehealth startup, which...
Airbnb stock has 'a lot of recovery built in' as pandemic eases, Bank of...
Summary List Placement Airbnb shares could bulk up by another 15% as quarterly results from the vacation-rentals company indicate it is "well positioned for recovery" from the...
Here is why booming bitcoin will never be a form of payment, according to 5...
Summary List Placement As more institutions embrace the idea of accepting bitcoin as payment, from Tesla to PayPal , criticisms about such a move have grown, especially in...