Government
What Buffett Said: Quotes from 2025 Berkshire Hathaway Annual Meeting
Warren Buffett announced he would pass the reins as CEO to Vice Chairman Greg Abel, as he presided over his 60th Berkshire Hathaway shareholder meeting on Saturday, giving views on everything from ...
Loss of FEMA Program Spells Disaster for Hundreds of Communities and Projects
The textile mills that once served as the backbone of Mount Pleasant, North Carolina, have long been shuttered, and officials believed federal money would be key to the town's overdue revitalization. ...
High Tariff Impact on Personal Lines; Commercial Less Vulnerable
A glaring red block marked "high" appeared over the "personal lines/ loss costs" cell of a chart displaying the impact of tariffs on North American insurers created by Fitch Ratings this week. While ...
Trump Eases Auto Tariffs Burden
U.S. President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials, and his trade team touted its ...
No Escape From Tariffs — Not Even for D&O Liability Insurers
While property/casualty insurance executives are largely focused on the impacts of tariffs on short-tail lines like personal auto and property, investment market jitters ...
AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers
According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes ...
Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers
Insurance industry analysts, economists and trade associations have continued to look at the potential effect of President Donald Trump's tariffs. About a month after Trump looked to impose steep ...
California Bill Would Allow Workers to Refuse to Work in Unsafe Conditions
Employees in California who have "reasonable concerns about health and safety violations" would be allowed to refuse work while still receiving full pay, under legislation introduced in late ...
Trump’s Auto Tariffs to Cover Hundreds of Billions of Dollars of Vehicle, Parts Imports
U.S. President Donald Trump's 25 percent auto tariffs will cover hundreds of billions of dollars worth of imports of vehicles and auto parts imports annually, according to a ...