Investing.com -- Chicago-based homeowners insurtech company, Kin, has seen a significant increase in its total insured value over the last four years. From 2021 to 2024, the company expanded its insured value from $10 billion to a staggering $100 billion.During this four-year period, Kin also successfully reduced its gross adjusted loss ratio, net of excess of loss recoveries, from 66.6% down to 2 ...
By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly on Thursday downplayed CVS Health (NYSE:CVS)’s decision to drop the company’s obesity drug Zepbound from some lists of medicines it covers for reimbursement, but shares of the drugmaker still fell more than 10%. CVS said its pharmacy benefit management unit, which is the largest in the U.S., would drop Zepbound coverage from July 1, b ...
Investing.com -- The U.S.-Ukraine minerals agreement, signed last Wednesday, is anticipated to be ratified by Ukraine’s parliament within a week, according to senior officials from the Trump administration. The details of the deal were shared with reporters on Thursday.The officials also indicated that this Ukraine deal could serve as a blueprint for future international agreements. The overarch ...
Investing.com -- A federal judge in Texas has ruled that President Donald Trump’s administration overstepped its bounds by using the Alien Enemies Act to expedite the deportation of some Venezuelan migrants. This decision, announced on Thursday, prevents the administration from utilizing this 18th-century wartime law to accelerate deportations.The judge found that the administration had exceeded ...