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Full coverage car insurance provides liability insurance and coverage for your car (collision and comprehensive). Best Cheap Full Coverage Car Insurance for Discounts: Farmers Auto InsuranceWhile other providers list less than 12 car insurance discounts, Farmers has over 23. Tips for Finding the Cheapest Full Coverage InsuranceFull coverage car insurance is more expensive than the minimum coverage. Cheap Full Coverage Car Insurance Frequently Asked QuestionsWhat does full coverage car insurance consist of? The standard full coverage car insurance consists of liability insurance, collision insurance, and comprehensive insurance.

Persons: we've, Chubb, GEICO, It's, Read, USAA, you'll, JD Power Organizations: Farm Auto Insurance, State, Farm, State Farm, Farmers Auto Insurance, Farmers, Insurance, Owners, Auto, Drivers, Luxury Vehicles, Chubb, People, Poor, GEICO, Customer Service, Erie Auto Insurance, North Central, District of Columbia, Military, Auto Insurance Military, National Guard Reserve, . Insurance, Toyota, JD, Better Business Bureau, Consumer Affairs Locations: Rhode Island and Massachusetts, New York, California, Erie, North, Chevron

☆ Catastrophe bond investors unlikely to be dealt massive losses as Florida dodges Milton's worst-case scenario
▼ + stars: | 2024-10-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Hurricane Milton's impact on Florida won't cause major losses for catastrophe bond investors, portfolio managers say. Insurance companies still face significant losses, but cat bond investors aren't eyeing the worst-case scenario. AdvertisementThe impact of Hurricane Milton on Florida is unlikely to trigger massive losses for catastrophe bond investors. The losses for cat bond investors, therefore, might only be in the low-single digits. This will drive an increase in risk premiums, leading to higher return expectations for cat bond investors moving forward," Steiger said.

Persons: aren't, —, Helene, Milton, Chin Liu, Tanja Wrosch, That's, Florian Steiger, Steiger Organizations: Insurance, Service, Investors, Twelve, Bloomberg, Icosa, Progressive, Allstate, Chubb Limited, Swiss Locations: Florida, Hurricane Milton, Tampa, Milton

☆ These are the insurance stocks with the most at risk from Hurricane Milton, according to Piper Sandler
▼ + stars: | 2024-10-08 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

Piper Sandler said Hurricane Milton could change the insurance market. Piper Sandler said Milton shares similarities with Ian, which resulted in $56 billion in insured losses. "Historically, insurance stocks fall as the hurricane approaches landfall and as it creates damage. Below is a table of estimated insured losses from insurance companies from Hurricane Ian. "The typical rebound in the insurance stocks happens when it becomes clear how large the insurance event was (or was not).

Persons: Piper Sandler, Milton, Paul Newsome, Hurricane Ian —, Newsome, Ian, LSEG, Chubb, — CNBC's Michael Bloom Organizations: Hurricane Ian, Allstate, American International Group, Heritage Insurance, Progressive, Universal Insurance Holdings, Travelers Locations: Florida, Milton, Hurricane, Newsome

☆ Shares of generator maker soar, insurance stocks fall as Hurricane Milton intensifies
▼ + stars: | 2024-10-07 | by ( Spencer Kimball | Yun Li | ) www.nbcnews.com time to read: +1 min

Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is forecast to move north of the Yucatan Peninsula on Monday and Tuesday before crossing the Gulf of Mexico to approach the west coast of Florida by Wednesday, according to the National Hurricane Center. Hurricane Milton comes on the heels of Hurricane Helene, which killed more than 220 people and wrought devastation across the Southeast, particularly in North Carolina. Insurance stocks that have weather catastrophe exposure, meanwhile, are falling on potential insured losses tied to Hurricane Milton. Allstate, Travelers and Chubb saw their shares fall more than 3%, while Progressive and AIG all declined more than 1%.

Persons: Hurricane Milton, Generac, Hurricane Helene, Chubb, Milton, Joshua Shanker Organizations: Generac Holdings, Hurricane, National Hurricane Center, North Carolina . Insurance, Hurricane Milton, Allstate, Travelers, Progressive, AIG, Universal Insurance, Bank of America, Colorado State University, Research Locations: Hurricane, Yucatan, Mexico, Florida, Tampa, North Carolina, Fort Lauderdale , Florida

☆ Stocks making the biggest moves midday: Generac, Amazon, Pfizer and more
▼ + stars: | 2024-10-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Generac Holdings — Shares of the maker of power generators surged 8% as Hurricane Milton intensified into a Category 5 storm . Amazon — The e-commerce stock lost 2.9% after Wells Fargo downgraded shares to equal weight from overweight and cut its price target, citing slowing growth and competition from Walmart. Hershey – Shares fell 2% after the chocolate maker was downgraded to neutral at UBS and to market perform at Bernstein. JPMorgan downgraded shares to underweight from neutral, citing dwindling confidence in the Israel-based company grapples with share loss concerns and volume challenge. JPMorgan downgraded shares to neutral, citing limited EPS upside from here.

Persons: Milton, Wells, Chubb, Morgan Stanley, Coty, Ashley Helgans, Arcadium, Bernstein, GLP, Ciena, —, Yun Li, Hakyung Kim, Alex Harring, Jesse Pound, Michelle Fox, Sean Conlon, Pia Singh Organizations: Generac Holdings, Walmart, Pfizer —, CNBC, Insurance, —, Allstate, Travelers, Progressive, Hurricane, Universal Insurance, Air Products, Chemicals, Garmin —, Garmin, Jefferies, Rio Tinto, Hershey –, UBS, Butterfly Equity, JPMorgan, Apple Locations: Florida, Hurricane Milton, Fort Lauderdale , Florida, Wells Fargo, California, Israel

A worker unloads a 24-kilowatt Generac home generator off a truck at Captain Electric on February 18, 2021 in Orem, Utah. Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 4 storm. Insurance stocks that have weather catastrophe exposure, meanwhile, are falling on potential insured losses tied to Hurricane Milton. Allstate, Travelers and Chubb saw their shares fall more than 3%, while Progressive and AIG all declined more than 1%. Lauderdale, plunged more than 20% as the catastrophe-prone carrier with Gulf Coast exposure could see heightened hurricane risks.

Persons: Hurricane Milton, Chubb Organizations: Captain Electric, Generac Holdings, Hurricane, National Hurricane Center, Insurance, Hurricane Milton, Allstate, Travelers, Progressive, AIG, Universal Insurance Locations: Orem , Utah, Milton, Yucatan, Mexico, Florida, Tampa, Fort . Lauderdale

Nguyen: With Aaron Rodgers’ age and their defense, the Jets have a small window to make some noise. In theory, Adams would also add some much-needed explosiveness to a Jets offense that entered this week ranked 29th in the NFL in total yards and 27th in points. The Bills’ defense also suffered losses in free agency, and holes went unfilled even though Buffalo’s top competitors in the AFC include elite offenses in Kansas City, Baltimore and Cincinnati. Watson isn’t just not playing well, he’s playing like one of the worst quarterbacks in the league. Maybe improved offensive production would help ease pressure on the Browns’ defense.

Persons: —, 🫡, ike J ones,, rade, aron R, ould, ake, utside., ssues, orth, d, aron R odgers, ike, ong, ike W, hough, oster, e., eon, halil S hakir, eason, hird, owns., ffense, kay, iants Organizations: Cowboys, Steelers, Sunday, Football, NFL, Jets, Bills, AFC bluebloods, ust, ards, ets, FC, ast,, alton K, ave Locations: ife, osh

☆ RBC gives its top stock picks for the fourth quarter
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

The fourth quarter is just getting started, and RBC Capital Markets sees some stocks slated for growth in the months ahead. Looking ahead, RBC unveiled a list of its top 30 high-conviction global stock ideas that it thinks are poised to outperform in the long term. As a result, RBC has an outperform rating on the name, with a price target of $48. "As proof-points to the success of this strategy emerge, we believe the stock could begin to re-rate higher," the analyst said. Software name CrowdStrike and British oil giant Shell were also picked for the fourth quarter's list.

Persons: Brad Erickson, Daniel Perlin, Perlin, Ferrari, Tom Narayan Organizations: RBC Capital Markets, Dow Jones, RBC, Sarepta Therapeutics, Amazon, P Global, PayPal, Reuters Locations: Italy

☆ Stocks making the biggest moves premarket: Spirit Airlines, Summit Therapeutics, Rivian and more
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount airliner is considering filing for bankruptcy. Shares of peer airline firm JetBlue, which was previously in talks to merge with Spirit, advanced nearly 6%. Zim Integrated Shipping Services – The international shipping company's stock fell more than 9% after U.S. dockworkers and the United States Maritime Alliance agreed to a tentative deal to end the strike on the East Coast and Gulf Coast ports. CVS Health – The company's shares added 1.5% as it is considering breaking itself up and undergoing a strategic review of its business. Chubb – The insurance company slipped more than 1% after Bank of America downgraded shares to underperform from neutral.

Persons: Hapag, Lloyd, Rivian, Chubb, SilverCrest, —, Jesse Pound, Brian Evans, Hakyung Kim, Pia Singh, Michelle Fox Theobald Organizations: Spirit Airlines, JetBlue, Wall Street Journal, Food and Drug Administration, Zim Integrated Shipping Services, U.S, dockworkers, United States Maritime Alliance, CVS Health, CVS, Bank of America, SilverCrest Metals, Coeur Locations: East Coast, Gulf Coast

While dogs are a man's best friend, they do add risk to a household and present challenges when you shop for homeowners insurance if you've run into the dog breeds insurance blacklist. Here's how dog breeds can affect your homeowners insurance, including the specific types of aggressive dog breeds that might increase your premiums or limit coverage options. The Most Commonly Restricted Dog BreedsDog breeds insurance blacklist usually varies by carrier, but here are some of the most common dog breeds that homeowners insurance companies tend to restrict. Dog Breeds Banned by Homeowners Insurance FAQHow do I find out if my dog is on the dog breeds insurance blacklist? Yes, some homeowners insurance companies that don't restrict dog breeds include State Farm, Chubb, and USAA.

Persons: Deborah Turner, Turner, Doberman, Danes Chow Chows, Courtnye Jackson, Chubb, USAA —, Jackson, Jamela Adam, Read Organizations: Insurance, Dean Insurance Agency, underwriters, Bulls, Huskies Staffordshire Terriers, Pit Bulls, Rottweilers, Insurance Information Institute, Triple, American Society for, Prevention, American Property, Casualty Insurance Association, American Kennel Club, Forbes, . News, Mint Intuit Locations: New York , Nevada, Illinois

☆ KKM Financial CEO on Chubb, Occidental, Ulta Beauty, Apple, and Berkshire Hathaway
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKKM Financial CEO on Chubb, Occidental, Ulta Beauty, Apple, and Berkshire HathawayJeff Kilburg, KKM Financial founder and CEO, joins CNBC’s ‘The Exchange’ to discuss his moves on these stocks: Chubb, Occidental, Ulta Beauty, Apple and Berkshire Hathaway.

Persons: Berkshire Hathaway Jeff Kilburg, Berkshire Hathaway Organizations: KKM, Chubb, Berkshire, KKM Financial, Apple Locations: Occidental

☆ Cramer's Lighting Round: 'Steer clear' of Albemarle
▼ + stars: | 2024-08-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Aflac's year-to-date stock performance. Stock Chart Icon Stock chart icon Elevance Health's year-to-date stock performance. Stock Chart Icon Stock chart icon Albemarle's year-to-date stock performnace. Stock Chart Icon Stock chart icon Snap's year-to-date stock performance. Stock Chart Icon Stock chart icon Alibaba's year-to-date stock performance.

Persons: Chubb, Elevance, I'm, it's, there's Organizations: Elevance, United Health Locations: Albemarle, China

☆ Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more
▼ + stars: | 2024-07-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Tesla reported adjusted earnings per share at 52 cents, while analysts surveyed by LSEG had called for 62 cents per share. Visa reported $8.9 billion in revenue, which came in slightly below the $8.92 billion forecast by analysts polled by LSEG. Its adjusted earnings per share of 19 cents topped analysts' estimates for 17 cents per share, according to LSEG data. In the fiscal fourth quarter, earnings of $2.32 per share were higher than a year ago, but shy of the $2.41 per share analysts predicted, according to FactSet. Revenue of $304 million also fell short of the $310 million analysts forecast.

Persons: Tesla, LSEG, Enphase, Chubb, —, Christina Cheddar Berk Organizations: Street, Visa, LSEG, Seagate —, Seagate, Capital, Revenue, Texas, Mattel, Maine, Enphase Energy Locations: Santa Monica , California, Cal, LSEG

☆ Why we like this wait-and-see market — plus, our latest thinking on 3 portfolio names
▼ + stars: | 2024-07-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. One could say Wall Street is in wait-and-see mode ahead of earnings from the megacap tech stocks that start after the bell with Club holding Alphabet . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dover, Baird, China –, Estee Lauder, Ike Perlmutter, Nelson Peltz, We're, Perlmutter, he's, Peltz, Jim Cramer's, Jim Organizations: CNBC, Marshall Excelsior Company, Clean Energy, Marshall Excelsior, Nike, Burberry, Richemont, Swatch, Disney, Street, Enphase, Texas Instruments, Chubb, Seagate, Vertiv, GE Vernova, Boston Scientific, Jim Cramer's Charitable Locations: Michigan, Dover, China, Europe, U.S, Japan, Asia, Enphase Energy

☆ Alphabet earnings and 3 more things we're watching in the stock market next week
▼ + stars: | 2024-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

But in general, this is the kind of development we've hoped to see ever since Starbucks' massive earnings miss April 30. We'll take the nearly 7% pop in shares Friday and hope it's only the beginning of recovery for the beaten-up stock. Fed's fave inflation measure : The personal spending and income report will be the most closely watched economic report next week. Earnings : As the second-quarter earnings season picks up pace, we'll hear from five Club holdings next week including Google parent Alphabet . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

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☆ Citi says take profits in AI 'highfliers,' gives safe alternatives if tech shares start to fall
▼ + stars: | 2024-07-09 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

It's time for investors to consider taking profits in some high-flying artificial intelligence names, according to Citi. The value of AI linchpin Nvidia has more than doubled year to date, while Super Micro Computer has tripled. Given this backdrop, Pettit recommends investors take profits in popular AI names — most notably the enabler stocks like semiconductors — and allocate funds "across the theme's value chain." MCD YTD mountain Shares this year Several popular consumer staples stocks are in the basket, including Kraft Heinz and J.M. Hartford Financial Services Group is the most negatively correlated stock in the basket, with shares up 25% this year.

Persons: propping, Drew Pettit, Pettit, Kraft Heinz, J.M, Chubb Organizations: Citi, Nvidia, Gilead Sciences, Hartford Financial Services, Allstate, Honeywell, Exxon Mobil . Correction Locations: Biopharmaceutical

☆ Insurance stocks with the most at risk from Beryl and the rest of this likely active hurricane season
▼ + stars: | 2024-07-08 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The insurance industry is bracing for a likely tough hurricane season as Beryl struck the coast of Texas early Monday. Wall Street analysts identified several insurance stocks with the most at risk from future dangerous storms. The intensity and timing of Beryl served as an ominous sign that this hurricane season could be an active one, analysts said. "Hurricane Beryl was the earliest CAT-5 Hurricane on record over the past 100 years, confirming that 2024 Hurricane Season will be an active one, in our view," Morgan Stanley analyst Bob Jian Huang said in a note to clients. Stocks with the most exposure Insurance stocks typically fall as a hurricane makes landfall and often rebound after the size of the insured losses become known.

Persons: Beryl, Morgan Stanley, Bob Jian Huang, Paul Newsome, Piper, Newsome, Chubb Organizations: Wall Street, Allstate, Progressive, AIG, Travelers, Heritage, Universal Insurance Locations: Texas, Caribbean, Mexico, Florida

☆ A Revolutionary War-era musket was stolen more than 50 years ago. It has been recovered and given to a Philadelphia museum
▼ + stars: | 2024-07-07 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +3 min

CNN —After going missing for more than 50 years, a firearm dating back to the Revolutionary War has been recovered and donated to a Philadelphia museum, the FBI says. “This historic weapon from the American Revolution was taken and hidden from generations of Americans. The artifact was among several Revolutionary War-era items taken during a string of thefts that occurred in the 1960s and 1970s in the area of Valley Forge Park. However, 10 of the items looted from Valley Forge Park and other locations, including the recently returned musket, remained lost. The company donated it to the Museum of the American Revolution, signing over the deed at the July 1 ceremony,” according to a release.

Persons: Kevin R, Steele, Joel Bohy, “, ” Bohy, “ Chubb, ” Organizations: CNN, FBI, Museum, American, Federal Bureau of Investigation Philadelphia, Police Department, Investigators Locations: Philadelphia, Valley Forge , Pennsylvania, Montgomery County, Valley Forge, Massachusetts, Merion, Pennsylvania, Maryland

☆ These stocks have logged second-half gains every year for a decade — including an AI chip firm
▼ + stars: | 2024-07-02 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Investors in 14 global stocks could get lucky over the next six months if history repeats itself. CNBC Pro screened the MSCI World index for stocks that have consistently risen in the second half of each year over the past decade. Broadcom AI chip designer Broadcom had the second biggest upside potential, with Wall Street analysts expecting shares to rise 18% over the next 12 months. Analysts expect shares to rise by 39% over the next 12 months to 300 euros ($322). Since the late 1980s, when markets rose by more than 12% in the first half, they rose every time in the second half of the year.

Persons: Stocks, Booz Allen Hamilton, Berkley, Chubb, Assicurazioni Generali, Sofina, Alimentation, that's Organizations: CNBC Pro, Broadcom, New York Stock, Intercontinental Exchange, CDW Corporation, Swiss, Wall Street, Belgian, TSX, Consumer Staples, RBC Capital Markets, CNBC Locations: Munich, Canada, U.S

☆ Cramer's Lightning Round: Hartford Financial Services Group 'can go even higher'
▼ + stars: | 2024-06-25 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Hartford Financial Services Group : "I tend to not like the insurers, just because there are so many different variables. I do like Chubb. But this fellow, Chris Swift, who's come in and fixed Hartford, he deserves the premium that the stock is getting, and it can go even higher."

Persons: Chubb, Chris Swift, who's Organizations: Hartford Financial Services Locations: Hartford

☆ These stocks are half as cheap as the S&P 500 and beating the benchmark
▼ + stars: | 2024-06-11 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The S & P 500 has been notching fresh highs as of late, but investors with a keen eye may find reasonably priced stocks that are beating the market. The benchmark is currently flexing a last 12-month price-earnings ratio of roughly 25 times, according to FactSet data. But some stocks are offering solid performance at a lower valuation when compared with the S & P 500. Shares climbed more than 18% in 2024 through Monday's close, compared with the S & P 500's 13% gain. Shares have climbed more than 35% in 2024, while Arch's TTM price-earnings ratio sits at 7.95, the lowest on the list.

Persons: Chubb, Warren, Berkshire Hathaway, Joshua Shanker, America's Shanker Organizations: CNBC Pro, CNBC, . Insurance, Berkshire, Chubb, Bank of America, " Insurance, Arch Capital, Arch, Bank, America's, Fox Corp, Hartford Financial, Altria Locations: Monday's

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

☆ Chubb CEO says climate change has created 'tremendous volatility' for insurance companies
▼ + stars: | 2024-06-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Chubb CEO Evan Greenberg told CNBC's Jim Cramer on Thursday that climate change is one factor that's driving the price of insurance. "Climate change has created tremendous volatility, and it continues to evolve," Greenberg said. "And the concentrations of values in areas where, where the climate – the impact of the climate – is greatest continues to increase." Known for insuring businesses and wealthy individuals, Chubb is also a major insurer of agriculture, Greenberg said. "And so, therefore, reflecting loss cost, when you think general inflation, when you think climate change, when you think litigation, that is driving the pricing of insurance."

Persons: Chubb, Evan Greenberg, CNBC's Jim Cramer, Greenberg, Warren Buffett, Berkshire Hathaway, Donald Trump, E, Jean Carroll Organizations: Berkshire Locations: U.S, North America, Asia, America, Wednesday's

☆ Trade Tracker: Bill Baruch buys MasTec and Chubb, sells Morgan Stanley, Caterpillar and Target
▼ + stars: | 2024-06-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Bill Baruch buys MasTec and Chubb, sells Morgan Stanley, Caterpillar and TargetBill Baruch, founder & president at Blue Line Capital, joins CNBC’s “Halftime Report” to detail his latest trades.

Persons: Bill Baruch, MasTec, Chubb, Morgan Stanley, Target Bill Baruch Organizations: Caterpillar, Target, Blue Line

☆ Warren Buffett is worried about potential for 'huge losses' in booming, but still tiny insurance market
▼ + stars: | 2024-05-31 | by ( Kevin Williams | ) www.cnbc.com time to read: +11 min

Cyber insurance has become "a very fashionable product," Jain said at the annual meeting. Shokrai says categorizing how to attribute an event is the topic of much debate between insurance companies. "That is a big debate between insurance companies; it is an important distinction that needs clarity," Shokrai said. "I will tell you that most people want to be in anything that's fashionable when they write insurance. "Probably Warren Buffet would have called cybersecurity insurance an opportunity when he was younger," he said.

Persons: Buffett, Glombicki, Gerald Glombicki, Fitch, Berkshire Hathaway, Chubb, Jain, it's, Warren Buffett, Ajit Jain, Michael Chertoff —, Mark Friedlander, Friedlander, " Friedlander, Monica Shokrai, Warren Buffet, Shokrai, isn't, Josephine Wolff, Steve Griffin, they'll, They're, Charlie, Munger, Griffin, Warren Organizations: Industry, AIG, Berkshire Hathaway's, Berkshire, Homeland Security, Insurance, Google, The Fletcher School, Tufts University, L3 Networks Locations: Fitch Rating's, Berkshire, Omaha, California, . Berkshire

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