In the conglomerate’s annual report published on Saturday, Berkshire Hathaway’s Chair Warren Buffett recommended that readers focus on operating earnings, reviewing a year in which insurance operations contributed $6.1 billion to a $24.8 billion total. While total operating income rose …
The strongest data privacy law in the country may be about to get sharper teeth, and lobbyists representing the tech industry think it’s a disastrous idea. Companies that amass user data could be the target of mass class-action litigation from …
Allstar Underwriters (AUI) has expanded its HO-6 Condo Insurance Program to three additional states. The expansion covers Delaware, New Jersey and Maryland. Through the HO-6 expansion, AUI aims to continue developing programs that meet the needs of agents and insureds …
The National Transportation Safety Board says a plane crashed into an apartment building in Massachusetts, killing a former mayor, had fuel tank issues months before the fatal crash. The Eagle-Tribune reports that investigators did not say exactly what caused the …
Connecticut Governor Ned Lamont has announced his choices to lead the departments of public health and insurance. The Democrat is nominating Renee D. Coleman-Mitchell, a health care executive, to oversee the health department. Coleman-Mitchell is executive director of Cougar Health …
New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information than previously known from smartphone users, including health and other sensitive data. The directive …
Ping An Insurance (Group) Co., China’s largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about $8 billion, according to people familiar with the …
China’s banking and insurance regulator said on Monday it had told all of the country’s banks to sharply increase lending to private companies, as policymakers step up support for the slowing economy. Big state-owned commercial banks should increase outstanding loans …
Ever since Brexit supporter Arron Banks made the largest political donation in British history he’s been dogged by questions about where he got the money. For a man who told the Financial Times he was worth 100 million pounds ($130 …
Brazilian federal prosecutors are seeking the arrest of a Vale SA senior executive, authorities said on Friday, following the collapse of a dam holding mining byproducts that is believed to have killed over 300 people. This is the first time …
