News
U.S. E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 7.8% in 2025, marking the first single-digit growth rate ...
Berkshire-owned PacifiCorp Utility Ruling Win Could Reduce Oregon Wildfire Damages
An Oregon appeals court on Wednesday ruled in favor of PacifiCorp in litigation over a series of Oregon wildfires in 2020, saying a trial judge erred in letting the case against the Berkshire ...
NFL’s Race-based Hiring Rule Under Scrutiny After Florida AG Says it Violates Law
The NFL's Rooney Rule has long been a topic of conversation, even debate. Florida Attorney General James Uthmeier is among the most recent to weigh in. He sent a letter to NFL Commissioner Roger ...
U.S., Iran Agree to Two-Week Ceasefire Brokered by Pakistan
The United States and Iran agreed to a two-week ceasefire brokered by Pakistan, potentially suspending a six-week-old war that has killed thousands, spread across the Middle ...
GAO: Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire
A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified ...
Strong Underwriting, Investment Income Bolster P/C Income in 2025, Says Moody’s
Twenty insurers rated by Moody's reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the ...
Devastating Hawaii Kona Storms Cause Estimated $1B in Losses
Hawaii's multi-day storm event last month resulted in swaths of heavy rain totaling up to 25 inches in some areas, according to analysis by Marsh's Guy Carpenter. Subtropical weather systems, known ...
Stanley Tumbler Maker Prevails in Lawsuit Over Lead Scare
A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead. In a decision on Friday, U.S. District ...