The Latest Breaking News from Insurance

The American Council of Cannabis Medicine (ACCM) formed the Next Frontier Task Force. The task force is created to bring together stakeholders from medical cannabis, insurance and third party payers to facilitate expanded participation.

Rite Aid Corp (NYSE:RAD) has reported Q1 FY23 sales of 6.01 billion, down 2.4% Y/Y, beating the consensus of $5.75 billion.  The company reported an EPS loss of $(0.60) compared to an income of $0.38 a year ago, driven by non-cash impairment charges and cycling prior-year COVID vaccination benefit. Retail Pharmacy Segment…

Gareth Crouth is in hospital in the States after suffering horrific injuries while visiting friends in Kentucky. Without insurance, it'll cost thousands to bring him home.

The prolonged Russia-Ukraine war started in February and dragging on into the second quarter of 2022, has caused a hike in global crude oil prices to high levels. The average price of ICE Brent crude oil increased from 13.86 USD per barrel in the first quarter of 2022 to 111.63…

A new survey by Allianz Life Insurance Company of North America suggests a majority of Americans approaching retirement age are expecting to work beyond their traditional retirement age.

Victoria's September 22 earthquake is the third most complained about insurance event in the last year after COVID-19 and east coast flooding, according to the Australian Financial Complaints Authority.

Key takeaways: •      Tencent reduced its stake in ZhongAn to about 8% from 10%, less than six months after Alibaba-affiliated Ant Group also cut its stake in the online insurer •      ZhongAn’s net profit more than doubled last year, as reliance on its parents for business has decreased

Rising rates are a headwind for most stocks. However, for a handful, they are leading to an earnings boom,. Here are 3 stocks benefitting from higher rates: Humana (HUM), Everest RE (RE), and Silvercrest Asset Management (SAMG).

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.