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Willis Responds to Explosive Data Center Growth by Redefining How Risk is Managed
Globenewswire· 2026-01-28 15:43
New integrated framework takes a client-led, specialized approach to protecting critical global infrastructureNEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Willis, a WTW business (NASDAQ: WTW), today unveiled a new, forward-looking model for comprehensive data center risk management, responding to the growing recognition that data centers are no longer standalone assets but critical, interconnected digital infrastructure underpinning global technology strategies, AI adoption and economic growth. Drawing on it ...
Humana (HUM) Falls 21% on Medicare Payment Update
Yahoo Finance· 2026-01-28 15:31
Group 1 - Humana Inc. experienced a significant decline of 21.13 percent, closing at $207.93, following a flat funding announcement for Medicare Advantage in 2027 [1][4] - The Centers for Medicare & Medicaid Services (CMS) announced only a 0.09 percent increase in Medicare Advantage payments for the upcoming year, which is substantially lower than the anticipated 4 to 6 percent growth [2][3] - The decline in Humana's stock price is part of a broader trend affecting other insurance companies, including CVS Health, UnitedHealth Group, Centene Corp., and Oscar Health, due to concerns over profit margins impacted by the updated payment rates [4]
Centene (CNC) Loses 10% on Flat Medicare Funding
Yahoo Finance· 2026-01-28 15:31
We recently published 10 Big Names With Painful Declines. Centene Corp. (NYSE:CNC) was one of the worst performers on Tuesday. Centene Corp. snapped a three-day winning streak on Tuesday, slashing 10.26 percent to finish at $41.53 apiece as investors soured on the 2027 Medicare Advantage payment updates, which saw flat funding for insurers. According to the Centers for Medicare and Medicaid Services (CMS), net average payment is projected to increase by only 0.09 percent, far lower than the 4 to 6 perce ...
Insurers Brace For Extended 'Managed Retreat' Following 2027 MA Proposal
Seeking Alpha· 2026-01-28 14:15
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This article is intended to provide informational content and should not be viewed as an exhaustive a ...
Cyber insurance remains underpenetrated among UK SMEs
Yahoo Finance· 2026-01-28 13:57
A GlobalData survey has found that a cyber protection gap persists across UK SME segments, driven by rising threat exposure and the under-penetration of cyber insurance. As SMEs deepen their reliance on digital systems and cybercrime becomes more sophisticated, many firms remain uninsured or underinsured relative to their exposure. GlobalData’s 2025 UK SME Insurance Survey found that cyber insurance penetration rises sharply in line with firm size: 13.1% of sole traders report holding cyber insurance, co ...
Semiconductor Stocks May Lead Early Advance On Wall Street
RTTNews· 2026-01-28 13:53
Market Overview - Major U.S. index futures indicate a higher open, with stocks expected to continue the upward trend from the previous sessions [1] - Semiconductor stocks are leading the gains, with ASML shares surging 5% after strong Q4 results and positive 2026 guidance [1] Semiconductor Industry - SK Hynix shares spiked after reporting better-than-expected Q4 results and a record full-year profit for 2025 [2] - China has approved Alibaba, ByteDance, and Tencent to purchase over 400,000 Nvidia H200 AI chips, contributing to a 1.6% increase in Nvidia shares [3][2] Technology Sector - Major tech companies like Microsoft, Meta Platforms, and Tesla are set to report quarterly results, with Microsoft shares rising 2.2% and Apple shares increasing by 1.1% [4][6] - The Nasdaq index reached a nearly three-month closing high, driven by strong performances in the tech sector [5][10] Economic Indicators - The Conference Board reported a significant drop in consumer confidence, with the index falling to 84.5 in January from 94.2 in December, marking the lowest level since May 2014 [9][8] Oil and Commodity Markets - Crude oil futures increased by $0.62 to $63.01 per barrel, following a previous surge [12] - Gold prices rose to $5,277.70 per ounce, up $195.10 from the previous session [12] European Market Reaction - European stocks mostly declined ahead of the U.S. Federal Reserve's policy decision, with the French CAC 40 Index down by 1.5% and the German DAX Index down by 0.6% [22][23] - ASML Holding saw a significant rise in shares due to exceeding analysts' expectations for Q4 orders [23]
US Stocks Set To Open At Record High On Blowout Tech Earnings Ahead Of Fed, Mag 7
ZeroHedge· 2026-01-28 13:44
Company News - ASML's ADRs rose 5% after reporting orders significantly exceeding investor expectations, driven by increased demand for AI computing workloads [3][5][17] - Seagate's stock increased by 8% following a strong second-quarter earnings report that surpassed expectations, along with a positive outlook [3] - Texas Instruments gained 7% after providing a favorable outlook, indicating improved demand in industrial and data center markets [3] - AT&T's shares rose 3% after reporting fourth-quarter profit and revenue that exceeded analysts' estimates, attributed to strong broadband subscriber growth [3] - C3.ai's stock surged 15% amid reports of merger talks with Automation Anywhere [3] - F5 Inc. jumped 8% after raising its revenue forecast for the fiscal year [3] - New Oriental Education's ADRs rose 6% after beating second-quarter estimates and increasing its annual net revenue forecast [3] - Corning's shares fell 3% after reporting fourth-quarter results and providing a disappointing outlook [3] - Elevance Health dropped 6% after giving an adjusted profit forecast for 2026 that fell short of Wall Street expectations [3] - Qorvo's stock fell 10% after issuing a weaker-than-expected outlook [3] Industry Trends - The tech sector is experiencing a rally, driven by strong earnings from semiconductor and memory companies, which is boosting the AI trade [1][4][6] - The Magnificent Seven stocks are mostly higher, with Nvidia, Alphabet, and Amazon showing gains, while Meta and Apple experienced slight declines [3] - The semiconductor, memory, and storage sectors are seeing significant gains due to positive earnings reports, particularly from ASML, Seagate, and Texas Instruments [3][4] - Asian equities are also benefiting from the tech rally, with notable gains in TSMC and SK Hynix [5][13] - The demand for AI memory is driving earnings growth for companies like SK Hynix, indicating a strong market for AI-related technologies [5][14]
Allstate: The Turnaround Is Over - The Compounding Is Just Beginning
Seeking Alpha· 2026-01-28 13:31
Core Insights - The Allstate Corporation has achieved a significant turnaround in 2023-24, driven by sustainably higher premiums and improved expense management [1] - The earnings rebound for Allstate includes both structural and sustainable elements, indicating a positive outlook for the company [1] Financial Performance - Allstate has benefited from higher premiums, which have contributed to its financial recovery [1] - Stronger expense control has also played a crucial role in enhancing the company's profitability [1]
Progressive Announces Plans For CFO Transition
Globenewswire· 2026-01-28 13:14
Core Viewpoint - The Progressive Corporation announced the retirement of CFO John Sauerland, effective July 3, 2026, and the expected succession of Andrew Quigg as the new CFO [1][2]. Group 1: Leadership Transition - John Sauerland has served Progressive for 35 years, including the last 10 years as CFO, and his leadership has been crucial for the company's growth and success [2]. - Andrew Quigg, currently the Chief Strategy Officer, will succeed Sauerland as CFO and will collaborate with him to ensure a smooth transition [2][3]. Group 2: Company Overview - Progressive Insurance specializes in car, home, and other types of insurance, providing various options for consumers to access services conveniently [4]. - The company is the second largest personal auto insurer in the United States and a leading provider of commercial auto, motorcycle, and boat insurance, as well as one of the top 15 homeowners insurance carriers [5].
Progressive Reports December 2025 Results
Globenewswire· 2026-01-28 13:03
Financial Performance - The Progressive Corporation reported net premiums written of $6,313 million for December 2025, a 6% increase from $5,964 million in December 2024 [1] - Net premiums earned rose to $7,121 million in December 2025, up 6% from $6,717 million in December 2024 [1] - The company achieved a net income of $1,147 million for December 2025, reflecting a 22% increase compared to $942 million in December 2024 [1] - Earnings per share available to common shareholders increased to $1.95, a 22% rise from $1.60 in December 2024 [1] - Total pretax net realized gains on securities were $168 million in December 2025, a significant recovery from a loss of $140 million in December 2024 [1] - The combined ratio for December 2025 was 87.1%, up 3.0 percentage points from 84.1% in December 2024 [1] Policy Growth - The total number of policies in force reached 38,619 thousand by December 31, 2025, marking a 10% increase from 34,952 thousand in December 2024 [1] - Personal lines policies increased to 37,428 thousand, an 11% growth from 33,811 thousand in December 2024 [1] - Agency auto policies rose by 10% to 10,787 thousand, while direct auto policies grew by 14% to 15,993 thousand [1] - Special lines policies increased by 7% to 6,998 thousand, and property policies rose by 4% to 3,650 thousand [1] - Commercial lines policies saw a 4% increase, reaching 1,191 thousand [1]