Insurance

Pacific Western Bank explored capital raise, says deposits have stab...

March 23, 2023 12:27 AM AEDT | By Reuters

(Reuters) - Pacific Western Bank said on Wednesday its deposits have stabilized and it had more than $11.4 billion in cash as of March 20, although it...

U.S. govt proposes expanding Obamacare coverage for birth control

January 31, 2023 05:06 AM AEDT | By Reuters

(Reuters) - The U.S. government on Monday proposed a new rule to expand coverage of the Obamacare health insurance plans for all women who need or wan...

Insurer Travelers profit falls on winter storm costs

January 24, 2023 11:08 PM AEDT | By Reuters

(Reuters) - Property and casualty insurer Travelers Companies Inc reported a 37% fall in quarterly profit on Tuesday, hurt by losses related to a wint...

Biz groups say Biden independent contractor rule clashes with federa...

December 15, 2022 06:28 AM AEDT | By Reuters

By Daniel Wiessner (Reuters) - Business groups have told the Biden administration that its proposal to limit U.S. companies' use of independent contra...

Insurers stare at up to $60 billion hit from Hurricane Ian, AIG chie...

November 03, 2022 02:02 AM AEDT | By Reuters

(Reuters) - Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter Zaffino said on Wedne...