Industry News
Oil Train Explosions Still Likely Even With New Speed Limits in Place: Critics
New U.S. and Canadian speed limits for oil trains will do little to temper the likelihood and severity of explosive accidents that have grown in frequency over the past two years, critics of new ...
95% of Small Businesses Lack Cyber Security Insurance: Survey
A whopping 95 percent of small businesses in a new survey said they lack cyber security insurance, even as a large majority view the issue as a huge concern. At the same time, less than half have ...
Bitcoins are Emerging as the Next Cyber Insurance Risk
Consumers around the world are racking up more than 100,000 financial transactions every day without using cash, credit cards or a barter system, How are all those buyers doing it? With Bitcoins, of ...
Buffett Expects Berkshire Hathaway Conglomerate to Continue Without Him
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said his life's work won't be broken apart by activist investors once he's no longer at the helm. "The ...
Buffett’s GEICO Hit With Worsening Margins; Customer Prices to Rise
GEICO, the auto insurer owned by Warren Buffett's Berkshire Hathaway Inc., will charge drivers more after margins worsened. The pretax underwriting gain at GEICO fell to $160 million in the first ...
AXIS and EXOR Escalate Their Fight For PartnerRe
Plans for AXIS Capital Holdings Ltd. and PartnerRe to merge are getting even more complicated, as they affirm their plans to combine and a rival bidder shows no sign of giving up. Both companies ...
Progressive’s BIG Idea on 2015 InformationWeek Top 100 Tech Innovator List
Auto insurer Progressive announced last week that the company has been included on a list of 100 top business technology innovators in the United States, earning the honor for its Business Innovation ...
Buffett Scoffs at Notion of Berkshire Hathaway Being ‘Too Big to Fail’
Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter ...