Insurance
The legendary investor expressed his inclination for equities even after selling large chunks of Berkshire Hathaway's investments in three major banks. "That preference won't change," Buffett wrote...
In total, municipal bond insurers wrapped $41.09 billion of debt in 2024, an increase from the $35.38 billion insured in 2023, according to LSEG data.
The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday. The agency has pending inves...
In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for their roles in sprawling corruption cases. While law enforcement in France and ...
Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s...
An engineering company said Friday it has agreed to pay $53 million to settle all remaining lawsuits that alleged some blame for lead-contaminated water in Flint, Michigan, a decade ago. The deal b...
A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover lawn was destroyed by a man spraying herbicide — at the wrong address. Mari...
Incline P&C Group, a leading insurance program market services firm, has elected Thomas Wafer to the Board of Directors of each of its insurance carriers as an independent director. Wafer bring...
A Texas man was sentenced last week to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced. Jordan Fo...
IRDAI red flags sharp hike in health premium for senior citizens, caps increase at 10% The Indian Express
A study at Christian Medical College, Vellore, reveals over 70% of traumatic brain injuries (TBIs) in India stem from two-wheeler crashes, with less than 1% of patients wearing helmets. The study, ...
Chevron is planning global cuts.PATRICK T. FALLON/AFP via Getty ImagesCompanies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs.Artificial intelligence is reshaping some work...
Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining carriers and state insurers.
Insurers are seeing improvements in workflows, authentication and adjudication.
Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic Sea may have occurred as early as January 26, the same day a cargo ship bro...
Drazen Zigic/ShutterstockUnaffordable GP visits has become a pressing issue amid the increasing cost-of-living crisis. About 30% of Australians delayed or didn’t see a GP in 2023–24.
To solve t...
The work that GEICO’s chief executive has done to “repolish” Berkshire Hathaway’s “long-held gem” got a special shout-out in Warren Buffett’s Berkshire Hathaway 2024 annual report to shareholders l...
U.S. insurers remain optimistic for 2025 despite political concerns, showing increased appetite for private assets and risk-taking.
The termination letters that ended the careers of thousands of U.S. Forest Service employees mean fewer people and less resources will be available to help prevent and fight wildfires, raising the ...
A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety ...
Georgia lawmakers aren’t the only ones contemplating a major tort-reform bill during the legislative session this year. Next door, South Carolina’s General Assembly is considering Senate Bill 244, ...