News
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 ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
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 ...
UPDATED: China’s Fosun International to Combine With Ironshore in $1.84B Merger
Fosun International Ltd., the investment arm of China's biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore Inc. after buying the shares it doesn't already own in the ...
How Do Employers Avoid Liability With Legalized Marijuana?
Following the lead of a pioneering few, more states around the country are warming up to the idea of legalizing marijuana use for medical or recreational purposes, or both. But with legalized pot ...