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U.S. banking sector reports $62 billion profit in third quarter: FDIC

The U.S. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly data from the Federal Deposit Insurance Corporation......»»

Category: topSource: reutersNov 20th, 2018

CoreLogic to buy insurance software maker Symbility Solutions

Property data and analytics company CoreLogic said it is expanding its footprint in the insurance sector with the planned buyout of Symbililty Solutions Inc., a property insurance software maker. Irvine, California-based CoreLogic (NYSE: CLGX) has.....»»

Category: topSource: bizjournalsOct 23rd, 2018

Andy Nunemaker"s Dynamis Software sold to Illinois company

Dynamis Software Corp., a West Allis tech company that makes software for employee benefits agents in the U.S., has been acquired by Applied Systems Inc., a global company based in Illinois that provides automated and cloud-based insurance software.....»»

Category: topSource: bizjournalsOct 17th, 2018

U.S. frees Prudential Financial from more rigorous Fed oversight

A U.S. regulatory council announced on Wednesday it had removed the systemically risky label from Prudential Financial , freeing the insurance company from more rigorous oversight by the Federal Reserve......»»

Category: topSource: reutersOct 17th, 2018

Softbank pushes link-ups as insurance strategy takes shape

Softbank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters......»»

Category: topSource: reutersOct 16th, 2018

CVS Drops $6 Billion in Value the Day After Its Aetna Merger Was Approved

Investors fear weakness, debt in the retail sector. The Department of Justice’s approval of CVS’s blockbuster $69 billion acquisition of insurance giant Aetna on Oct. 10 hi.....»»

Category: europeSource: fortuneOct 11th, 2018

The Newly Minted Shareholder’s Gold Council Vs the Destruction of the Gold Sector

The Newly Minted Shareholder’s Gold Council Vs the Destruction of the Gold Sector $GLD, $SLV, $USD After about a year of behind-the-scenes work, billionaire hedge-fund manager John Paulson announced that he has formed a coalition .....»»

Category: topSource: livetradingnewsSep 23rd, 2018

Health Insurance Innovations Tops Healthcare Sector Growth Prospects As New Legislation Takes Effect

Health Insurance Innovations Tops Healthcare Sector Growth Prospects As New Legislation Takes Effect.....»»

Category: topSource: seekingalphaSep 10th, 2018

Markel to Brace Berth in Insurance-Linked Securities Sector


Category: topSource: redinewsSep 3rd, 2018

Markel to Brace Berth in Insurance-Linked Securities Sector

Markel (MKL) envisions to be the largest manager of funds in insurance-linked securities sector with the buyout of Nephila Holdings Limited. Markel Corporation MKL has agreed to buy Nephila Holdi.....»»

Category: personnelSource: nytSep 3rd, 2018

St. Pete tees up company expansion that would bring 70 new jobs

The city of St. Petersburg is working on plans to bring 70 new higher-wage jobs in a high-impact sector. St. Pete City Council will vote on a Florida Qualified Target Industry Tax Refund Program incentive during the board’s Sept. 6 meeting. The c.....»»

Category: topSource: bizjournalsAug 28th, 2018

Union Square tech hub set for final approval

The City Council is set to give its final approval for a new 21-story tech hub near Union Square Wednesday. The project was designed to provide job opportunities in the tech sector for... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 8th, 2018

Farmers Insurance comes to Florida

Farmers Insurance is now available in Florida with 25 agents opening statewide, including in Jacksonville. Florida is Farmers' seventh new market since 2011. "Florida is the prize of the Eastern expansion," Keith Daly, president of personal lines for Fa.....»»

Category: topSource: bizjournalsAug 6th, 2018

Why Americans Spend So Much on Health Care---In 12 Charts

Prices are hidden behind insurance deals, hospital consolidation pushes up costs and the health sector is a growing power in the economy......»»

Category: smallbizSource: wsjJul 31st, 2018

Mobile may build new train station downtown ahead of potential Amtrak return

The city of Mobile is moving forward with plans to build a new train station, and a Birmingham company could play a role. According to, the Mobile City Council could vote next week on a $233,000 contract with Birmingham's Mott McDonald to .....»»

Category: topSource: bizjournalsJul 5th, 2018

Smugglers, floating bodies, and victims: Border Patrol agents describe what it"s like working in the busiest sector on the border

Business Insider/Daniel Brown Border Patrol agents in Texas' Rio Grande Valley told Business Insider they encounter migrants daily who have endured horrific crime and hardship on their journeys to the United States. Business Insider j.....»»

Category: topSource: businessinsiderJun 28th, 2018

RCO insurance measure moves to next Council step; parking minimums hold

The array of controversial measures City Council will be considering before its summer recess has narrowed.  Legislation boosting mandatory parking minimums was held in the Rules Committee on Tuesday, marking the third time in the last two years that s.....»»

Category: topSource: bizjournalsJun 14th, 2018

Bezos Vs Buffett? Amazon Contemplating Offering Home Insurance

Having already destroyed the "brick and mortar" retail sector, and looking to expand into various other industries from groceries to healthcare to banking, it is probably not surprising that Jeff Bezos is quietly seeking to the big kahoona, Ber.....»»

Category: blogSource: zerohedgeJun 6th, 2018

Hurricane season bears down — with 7 million homes at risk and a flood insurance program set to expire

Real-estate data provider CoreLogic releases its estimates for hurricane-related property damages and a reminder that the public-sector flood insurance program — the only option for many Americans — is set to expire mid-summer......»»

Category: topSource: marketwatchMay 31st, 2018

Christian Brothers coach, funeral director wins vacated City Council seat

The Memphis City Council has temporarily filled the position vacated by former council member Philip Spinosa Jr. with a family funeral director and high school golf coach. J. Ford Canale is a licensed funeral director and insurance producer at Cana.....»»

Category: topSource: bizjournalsMay 22nd, 2018