#insurance

#insurance

Erie Indemnity paid $5.46 per share in dividends over the trailing twelve months against earnings of $12.39 per share. That's a 44% earnings payout ratio, well below the 60% threshold I consider healthy. In Q3, the company paid $63.6 million in dividends against net income of $183 million, a 35% payout ratio. The free cash flow picture is equally solid. In 2024, Erie generated $611.3 million in operating cash flow and spent $124.8 million on capex, leaving $486.4 million in free cash flow.

There are certain aspects of life it pays to hire a professional for. You could try to tackle a plumbing issue on your own, for example, like a busted faucet or leaky pipe. But if you're not sure what you're doing, there's a pretty big risk in going it alone. You could cause your house to flood or make the situation worse. So it pays to bring in someone who's licensed and skilled.

The US insurance industry faces a compounding crisis: the Bureau of Labor Statistics projects nearly 400,000 workers will leave through attrition by 2026, while claim volumes continue rising and operational complexity deepens. This staffing shortage hits third-party administrators particularly hard, as TPAs depend entirely on adjuster capacity to process claims, coordinate repairs, and manage the full lifecycle from intake to resolution.

Tesla Full Self-Driving just got an insurance offer from Lemonade Co-founder and President Shai Wininger that might be too good to pass up, as he wants to insure vehicles on FSD for "almost free." Traditionally, Tesla vehicles are slightly more expensive to insure with traditional companies because of higher repair costs that stem from their technology and state-of-the-art structural battery design.

BofA Securities is the investment banking and capital markets division of Bank of America, one of the largest financial institutions in the United States. The division provides a comprehensive range of services, including equity and debt underwriting, mergers and acquisitions advisory, sales and trading, research, and capital markets solutions to corporate, institutional, and government clients worldwide. As a major player on Wall Street, Bank of America Securities competes with other bulge-bracket investment banks and maintains a significant market share across various financial services sectors.

If you own a car, there's a good chance it's recording data about you every single time you get behind the wheel - and selling it to companies for their own profit. But what information, exactly, are automakers harvesting about U.S. motorists, and how could it amplify the

This is a financially compelling transaction, funded entirely from our excess capital and available liquidity sources without issuing new equity. By bringing together Inigo's strong performance with our capital strength, we are diversifying beyond our traditional mortgage insurance market and expanding into the large and attractive Lloyd's global specialty market, Rick Thornberry, CEO of Radian, said in a statement.

CVS told KQED that "Our understanding is that the COVID-19 vaccine is covered by most insurance plans at no cost for eligible patients," but that patients should still "check with their insurer to determine whether the updated COVID-19 vaccine is covered by their individual health plan." Blue Shield and United Healthcare did not respond to KQED's request for confirmation that they will indeed cover the shots for eligible patients before the CDC's recommendation is released.

The fix-and-flip market is experiencing a slowdown, affecting both flippers and average home sellers. Data from John Burns Research and Consulting and Kiavi show a decline in sales, which can be attributed to economic uncertainty, higher mortgage rates, and increased material expenses. Flippers in specific regions like Florida and California face challenges due to high costs and competition, affecting their profitability and ability to secure insurance.

Kahn was left with $20,749 in medical bills after a bat incident during a stargazing trip, having been temporarily uninsured at the time.

The decision was made by the federal Centers for Medicare and Medicaid Services, the agency that oversees insurance marketplaces.

Tsunamis are rare but can be catastrophic, occurring about twice a year near the source and less frequently in distant events.

Home inventory templates are plug-and-play checklists or spreadsheets that gather every lamp, laptop, and keepsake you own into one organized file.

The commercial auto insurance industry has long struggled to adapt to the rapidly evolving on-demand economy, leaving millions of rideshare and delivery drivers underserved by traditional providers that weren't designed for their unique needs.

The legislation aims to ensure that people who have survived cancer are not penalised for their past health experiences when trying to buy a home or other financial activities.

Premiums for mobile home insurance can vary based on the age and condition of the home, insurance claim history, and location.

One of Saudi Arabia's top research institutes KAPSARC says its ability to produce fresh water will face increasing challenges as oceans warm.

Slide Insurance Holdings is set to make its public debut on the Nasdaq at $17 per share, showing strong growth in the competitive insurance market.

A New Yorker discovered his car was sideswiped in a hit-and-run, leaving only a baffling note and $80 cash, leading to widespread astonishment.

Research highlights that nearly 20% of car renters face unexpected damage claims and pressure to purchase unnecessary insurance at rental desks.