News
Judge Forces Hawaii AG to Turn Over Wildfire Probe Docs to Plaintiff Lawyers
A judge on Friday forced the Hawaii attorney general's office to turn over to lawyers involved in the hundreds of lawsuits over last summer's Maui wildfires all documents, interviews and data ...
Berkshire Wary of “Fashionable’ Cyber Insurance, AI
While Berkshire Hathaway made money on its personal auto insurance business GEICO, and even on a big bet it placed on property-catastrophe reinsurance in Florida last year, one place where the ...
Jain Successor Is Recurring Berkshire Board Topic; Leadership Lessons
The man responsible for providing billions of dollars of insurance for some of the world's biggest events, Ajit Jain, told investors in Berkshire Hathaway that his eventual replacement as the leader ...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech
Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO ...
Extreme Weather Is Driving More U.S. Power Outages, Studies Show
For decades, residents of eastern Queens in New York City have complained that they're more likely to lose power when extreme weather hits, even as lights in other parts of the city stay on. A new ...
Buffett Praises Successors, Lauds Apple Despite Lowering Stake
Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its ...
Study Finds Just 52% of Last Decade’s Largest Carrier M&As Created Long-Term Value
The larger the merger and acquisition deal is, the less likely it will create long-term value, a new study has revealed. A first-of-its-kind study by ACORD, the standards-setting body for the global ...
Series of Public Events Along East Coast to Highlight Hurricane Awareness
With the the start of the 2024 Atlantic hurricane season less than a month away, NOAA and the U.S. Air Force Reserve will host a series of events to help communities along the Eastern seaboard ...