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Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the initial public offering market, which was shut to most companies when the coronavirus outbreak …
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Insurance companies in New Zealand are reportedly saving big bucks as the coronavirus crisis keeps the country’s drivers off the roads. The Kiwi insurance industry has saved about $100 million given that motor vehicle claims have plummeted as much as 90 percent, the head of the New Zealand Insurance Council told local news outlet RNZ. …
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Allstate Corp., one of the largest U.S. auto insurers, said on Monday it would return more than $600 million in premiums to customers as many Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak. Most customers will receive a “payback” of 15% of their monthly premium in April and May, the …
Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the initial public offering market, which was shut to most companies when the coronavirus outbreak …
