Jean Eaglesham

The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.

The propensity to build houses in disaster-prone areas is a big driver of the record underwriting losses roiling insurance markets, forcing rates ever upward.

Insurers are paving the way for investors to pour more money into Ukraine, ahead of a potential end to its grueling near-three-year war with Russia. Insurance broker Aon and the European Bank for Reconstruction and Development will launch on Thursday a first-of-its-kind initiative to help revive Uk

Storms could push up insurance costs for vehicle owners in hurricane-prone areas.

Storms could push up insurance costs for vehicle owners in hurricane-prone areas.

Nearly 300,000 new properties nationwide have been built in flood-prone areas since 2019.

Harsher policy terms mean damages might not be covered.

Most companies have cut back on oil, gas and coal investments after big climate-related losses.

Swaths of the U.S. that have never flooded before are now in danger of being swamped, but the risk isn’t covered by standard home-insurance policies.

A Labor Department rule is forecast to curb commissions on annuities sharply. The products are sold as a way to convert retirement savings including an IRA into an often-guaranteed income stream that can carry hefty charges.

4 days ago ... Heat can also stunt the quality of and volume of crops, losses that may not be apparent until harvest. A federal insurance program covers heat ...

4 hours ago ... Industry denies 'bullying' tactics after getting approval for premium increases averaging 20% since last year.

Jun 18, 2024 ... Joseph Moinian and his wife would buy $279 million of life insurance from Massachusetts Mutual Life Insurance, generating a potential $5 million ...

May 24, 2024 ... Insurers buy reinsurance policies to limit their risks. After suffering a sharp drop in profits, reinsurers raised rates and cut coverage at the ...

Nasdaq closes lower as stocks back off session highs

Apr 6, 2024 ... Cindy Picos was dropped by her home insurer last month. The reason: aerial photos of her roof, which her insurer refused to let her see.

Tesla stock slides after deliveries drop; Dow falls nearly 400 points

Mar 20, 2024 ... Insurers and owners are in a battle over who pays for planes stranded at start of Ukraine war.

Apple, Amazon.com and Meta are set to post results after the market close