News
Insurance Ops ‘Shoot The Lights Out’ At Berkshire, Buffett Says
Recognizing the $4.4 billion contribution of Berkshire Hathaway's insurance operations to its overall after-tax profit of $15.3 billion for the in 2012, Warren Buffett said the group's insurance ...State Farm Reports Income Over $3B For 2012
On Friday, the nation's largest insurer, State Farm, reported an after-tax net profit of $3.2 billion for 2012, compared with $0.8 billion in net income in 2011, attributing the jump primarily to ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Meadowbrook Corrective Actions Yet To Sway A.M. Best; Company Reacts
On Friday, A.M. Best said that the "A-minus" financial strength ratings of members of Meadowbrook Insurance Group, Inc. remain under review with negative implications—a status that has been in ...Kemper Names Sodaro as New CFO
Kemper Corporation announced today that Frank J. Sodaro, will become Senior Vice President and Chief Financial Officer, replacing Dennis Vigneau, who is resigning. In the press statement, the company ...No Yahoo, Insurer Likes Work-at-Home Employees
For more than six years, Tammy Saunders has woken at 5:30 a.m., showered, dressed and walked upstairs— to her office. A nurse practitioner, Saunders works as a case manager for Hartford, ...Einhorn Drops Apple Suit
Hedge fund manager David Einhorn's Greenlight Capital withdrew its lawsuit against Apple Inc., after winning an injunction last week that blocked the iPhone maker from moving forward with a ...Judge Slashes Apple $1B Award vs. Samsung; Sets New Trial On Damages
Apple Inc. lost a major ruling in its ongoing patent battle with Samsung Electronics on Friday, as a federal judge slashed a $1.05 billion jury award by more than 40 percent and set a new trial to ...