Editors' picks for the week include an interview with former LendingClub Chairman and CEO Renaud Laplanche on his new venture in digital lending and Berkshire Hathaway revealing its holdings in publicly traded companies.
Anemic new individual LTC policy issuance a sign of the times
The number of new individual long-term care policies issued in 2017 plunged as several companies that once ranked among the leading sellers of the product have either exited the business or struggled against headwinds in their ongoing marketing initiatives.
Mortgage lender M&A not unprecedented for insurer-owned banks
Ten years after one U.S. insurer-owned bank beefed up its forward and reserve residential mortgage lending capabilities through merger and acquisition, another is trying its hand at inorganic expansion in those businesses.
State Farm surges to best Q1 underwriting result in 12 years
Challenges in the private-passenger auto business appear to be abating for the group led by State Farm Mutual Automobile Insurance Co.
Ex-LendingClub CEO's new startup puts strong focus on compliance
Following a noisy exit from LendingClub Corp., former Chairman and CEO Renaud Laplanche started another venture in digital lending. He sat down with S&P Global Market Intelligence to talk about that startup, Upgrade, and lessons learned from his time at LendingClub.
Buffett exits IBM, trims stake in Phillips 66 in Q1
Berkshire Hathaway Inc. slashed its stake in Phillips 66 during the first quarter, one of the insurance conglomerate's largest moves during the period, according to its latest ownership filing.
