News
Berkshire Reports 13th Straight Underwriting Profit; BH Specialty Premium Tops $1B
Insurance operations contributed $4.9 billion to total operating income of $17.4 billion for Berkshire Hathaway in 2015, with underwriting profit levels dropping and investment income rising compared ...
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 ...
Nissan Disables Leaf Electric Car App After Hacking Risk Exposed
Nissan Motor Co. disabled a mobile application for controlling its Leaf electric car after a security researcher demonstrated how hackers could access temperature controls and other functions from ...
Breckenridge Announces New Advisory Firm for M&A Insurance Placement
Breckenridge Insurance Group announced the formation of Vista Insurance Advisors, a new company to provide the Transactional and Mergers and Acquisitions market with expert insurance guidance and ...
AIG: Post-Merger Problems Driving M&A Coverage Claims
Nearly 14 percent of the M&A policies that American International Group wrote globally between 2011 and 2014 resulted in a claim, the insurer reported last week. The period studied covered more ...
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 ...
XL Catlin Doubles Available Limits for Standalone Terrorism Coverage
XL Catlin said it has doubled available limits for its standalone terrorism coverage and added other bells and whistles in what it described as a market response to new attacks in cities and schools ...
P/C Claims Customer Satisfaction Dips for First Time in 5 Years: J.D. Power
Customer satisfaction with property insurance claims dipped for the first time in five years. The reason why: Carriers appear to be cutting service to reduce expenses in a toughening market cycle, ...