Content from Susanne Sclafane
Growth Going to be Hard: Abel Talks GEICO, Berkshire Tech Transformation
"It's not going to be easy to just restart the growth engine." Berkshire Hathaway Chief Executive Officer Greg Abel was referring to a challenge ahead of auto insurer GEICO during the annual meeting ...
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
AI for the Defense: Should Insurers or Law Firms Pay?
The idea that AI tools can help plaintiffs' lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to ...
State Farm’s California Homeowners Rate Request: It’s Settled — Almost
The long back-and-forth struggle between State Farm General Insurance Company, the California Department of Insurance and Consumer Watchdog is winding down, with the parties agreeing that an ...
What Berkshire’s CEO Abel Said About Insurance
Berkshire Hathaway's chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to ...
Insurance Groundhogs Warming Up to Market Changes
Spring is not around the corner. It's more than a month away, Punxsutawney Phil predicted on Monday. But what is going to happen to conditions in the property/casualty insurance market? What lines ...
Earnings Wrap-Up: Expanding Geographies. But First, Underwriting Profit at Selective
Will property/casualty insurers be profitable in 2026? Will market conditions soften? Looking for clues to answer these questions, Carrier Management listened to fourth-quarter 2025 earnings ...
Earnings Wrap: With AI-First Mindset, ‘Sky Is the Limit’ at The Hartford
In search for clues about property/casualty insurance carrier profit potential and market conditions for 2026, Carrier Management listened to earnings conference calls for six publicly traded ...