Insurance industry

Fewer Americans are buying life insurance. Here’s when you might need it

Fewer Americans are buying life insurance than in the past, which suggests households may be at financial risk in the…

Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying

Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire…

Biden administration to crack down on ‘junk fees’ in retirement plans

The Biden administration is cracking down on so-called “junk fees” in retirement accounts.   The U.S. Department of Labor on…

Fireworks cause $59 million of property damage a year. Your insurance policy may cover it

Fireworks-related damage may be covered by your renters or homeowners insurance policy — but not always. “The very short answer…

Term life insurance is often best, financial advisors say — but most people buy another kind

There are two broad categories of life insurance, and data suggests many households aren’t buying the most cost-effective one. Americans…