News
Georgia Tort Bill Advances After Governor Makes Concession on Medical Costs
ATLANTA (AP) — Georgia senators voted 33-21 on Friday to support Gov. Brian Kemp's top-priority legislation to limit lawsuits, but not before some of Kemp's fellow Republicans extracted a ...
Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials
As consumer complaints have apparently mounted over unpaid hurricane losses, Florida's top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers' claims-handling and ...
What Private Equity Can Teach Executives About Metrics: Fridson
Wall Street is often blamed for reducing corporate managers' understanding of business to a single, gameable measure of success: quarterly earnings versus analysts' consensus forecast. The Making of ...
California Governor Asks Congress for Nearly $40B for LA Wildfire Relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January's devastating wildfires, which he said could become the ...
AM Best: U.S. P/C Industry Improves Despite 2024 Underwriting Loss
The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best ...
Berkshire Hathaway Removes Diversity and Inclusion From Annual Report
Warren Buffett's Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and ...
Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains
The work that GEICO's CEO has done to "repolish" Berkshire Hathaway's "long-held gem" got a special shout-out in Berkshire Chair Warren Buffett's 2024 annual report to shareholders this weekend. ...
‘Exoskeletons’ Could Reduce Work-Related Back Injuries, More Study Needed
New research suggests that while wearable technology has great potential to cut down on workplace back injuries, it needs to be further investigated, according to Brock University. "Wearable ...