CEO / Chief Executive
For State Farm, 2015 Underwriting Losses Balanced Out by Investment Gains
State Farm Mutual Automobile Insurance Co., the largest U.S. property/casualty insurer, said 2015 profit rose 48 percent on investment gains tied to pharmaceutical holdings. Net income increased to ...
‘Highly Likely’ Climate Change Won’t Hurt Berkshire Insurance Ops: Buffett
Although it is "highly likely" that climate change poses "a major problem for the planet," it's less likely climate change impacts will dent the profits of Berkshire Hathaway's insurance operations, ...
Buffett: Don’t Listen to Prez Hopefuls Talking Down U.S. Economy
Warren Buffett bemoaned the "negative drumbeat" on the U.S. economy from presidential candidates in his annual Berkshire Hathaway Inc. shareholder letter on Saturday, saying they are misleading ...
Spreading the Word: 12 Steps to Promote Insurance Careers
If you have talked to a young person on the job hunt lately, you have likely heard them yearning for a job that's stable and rewarding and that offers limitless growth opportunities. Risk management ...
RSA Warns British Exit From EU Could Harm Its Business, Investment Returns
RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer's business and investment returns, underscoring a warning from top executives about ...
P2P Startup Lemonade Bets Behavioral Science Can Take the ‘Annoying’ Out of Insurance
A company that openly berates the current insurance industry as one that is annoying and in need of a makeover believes that adding behavioral science to the mix will help fix it. The New York-based ...
QBE NA ‘Turns Corner’ With Best Combined Ratio Since 2011
With reports of significant reserve strengthening becoming a distant memory and reinsurance providing stability to underwriting results, QBE Group reported its best overall combined ratio result in ...
Covered Agreement Negotiations Begin, with High Expectations
The U.S. and The European Commission have launched negotiations with an eye toward a "covered agreement" on insurance and reinsurance matters. Representatives from the U.S. and EU met formally ...