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Financial services and insurance, most read

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Financial services and insurance, most read

Most-read stories for the week include a report on SoFi's plan to acquire bank charter and an article on AIG's reinsurance agreement with a Berkshire Hathaway unit.

State Farm steps up investments in insurtech-type ventures

State Farm Mutual Automobile Insurance Co. during the first quarter increased its investment in a technology startup and made an initial capital contribution to a new subsidiary that will test advanced insurance and technology concepts.

Uncertainty looms over SoFi's plan to obtain bank charter

Social Finance Inc. executives say the company is ready to be regulated more like a bank, but it is unclear how feasible it will be for SoFi to obtain the industrial bank charter it wants.

Fidelity & Guaranty Life likely to have found its match with CF Corp.

After more than two years of searching for a partner, and seeing one planned marriage called off, Fidelity & Guaranty Life may have finally found a proper suitor.

Massive AIG deal has big impact on Berkshire unit's Q1 statutory results

National Indemnity Co.'s largest-ever retroactive reinsurance agreement materially impacted several parts of the Berkshire Hathaway Inc. unit's statutory balance sheet and income statement in the first quarter.

Goldman Sachs to add asset manager i-banker from RBC, sources say

Goldman Sachs & Co. LLC is expected to hire Jeffrey Haller, a former RBC Capital Markets LLC investment banker focused on asset management, according to two sources familiar with the matter.