Tesla Insurance concluded the fiscal year of 2023 by amassing nearly $500 million in written premiums, signifying an impressive 115% year-over-year increase in premiums.

Warren Buffett's Berkshire Hathaway has unveiled its second consecutive annual operating profit, marking a new milestone fuelled by the strength of its insurance business and investment portfolio amidst a backdrop of rising interest rates.

A recent report by Chubb sheds light on the uneven trust dynamics within e-commerce platforms, underscoring the potential for insurance to bolster consumer confidence in online transactions.