U.S.
What Rising U.S. Boat Sales Say About the Economy: EcoPulse
More Americans took to the water in new boats this summer, often buying smaller, less expensive models, as the industry is showing signs of a recovery. Purchases of powerboats -- which include ...
Boat Owners, Insurers Testing Waters of ‘Sharing Economy’
Getting out on the open sea, wind in your hair, enjoying the ride with your family and friends. Then there's the boat payments, storage fees, fuel, maintenance and repair — these costs can quickly ...
Behind every commercial or residential property in a regional insurer’s portfolio are people relying on their carrier to remain resilient...
ProAssurance to Acquire Workers’ Comp Specialist Eastern Holdings
Medical professional liability insurer ProAssurance Corp. (NYSE: PRA) said it is acquiring monoline workers' compensation insurer Eastern Insurance Holdings Inc. (NASDAQ: EIHI) in an all-cash ...
Brookfield, AIG End Lawsuit Tied to 2008 Collapse
American International Group Inc. and Brookfield Asset Management Inc. agreed to end a 2009 lawsuit in which Brookfield sought a judge's ruling that the insurer's collapse triggered default ...
FEMA Chief Tells Senators He Can’t Delay Flood Insurance Rates
Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of property owners across the country. But the man in charge of ...
200,000 Policyholders May Move from Florida’s State-Backed Insurer
Citizens Property Insurance Corp., Florida's largest insurer, could be shifting thousands more of its policyholders away from the state-created company and into private insurance companies. The head ...
Two Voted Against Designating Prudential As Systemic Risk
Prudential Financial Inc., the second-largest U.S. life insurer, was designated systemically important in a 7-to-2 vote by a council of regulators charged with preventing another crisis. Edward ...
Berkshire Hathaway Keeps Minting Billionaires, Philanthropists
Stewart Horejsi's business was in a funk. It was 1980, and Brown Welding Supply LLC, his family's third-generation distributor of hydrogen and oxygen tanks, was battling competitors that were intent ...