Personal Lines
‘Project Owl’ Wi-Fi Network May Be Easy Way to Save Lives During Natural Disasters
From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny ...
Warren Buffett Cautions U.S-China Trade War Would Be ‘Bad for the Whole World’
Warren Buffett said on Monday that a trade war between the United States and China would be "bad for the whole world." Buffett spoke after U.S. President Donald Trump tweeted on Sunday that he will ...
‘I Worry Much More About Progressive’ Than Tesla, Buffett Says
Berkshire Hathaway Chair Warren Buffett said he isn't worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product ...
Warren Buffett’s Likely Successors Speak Up at Berkshire’s Annual Meeting
Berkshire Hathaway Inc.'s annual shareholder meeting often features questions about the challenges and strategies of whoever succeeds Chief Executive Officer Warren Buffett. This year, investors got ...
Berkshire Hathaway Swings to Profit; GEICO Underwriting Profit Rises
Warren Buffett's Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its GEICO auto insurer and BNSF railroad units ...
Munich Re Subsidiary Sells Turkish P/C Arm to German Insurer Talanx
The German insurer Talanx has acquired the property/casualty insurer ERGO Sigorta A.S. from a Munich Re subsidiary. Financial details of the transaction where not disclosed. Talanx purchased ERGO ...
Markel Subsidiary State National Will Front Tesla’s New Insurance Venture
Elon Musk's Tesla plans to launch its own insurance product for Tesla drivers, which will be fronted by Markel Corp.'s subsidiary, State National. Markel's Co-Chief Executive Officer Richard R. Whitt ...
PG&E Pursues U.S. Court Sign-Off for $105M Fund to Aid Wildfire Victims
PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider. PG&E in a filing in U.S. ...