Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the conglomerate posted a record quarterly operating profit. Berkshire’s results released on …
Analysis of 1.2 million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents, according to Travelers 2024 Injury Impact Report. The data also shows first-year employees are still among those most vulnerable to injury. …
The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a proposed rule that would bar Chinese …
A woman in north Georgia has been charged with insurance fraud after she claimed that a “personal care device” caused injuries that cost as much as $350,000 to treat. Kamala Anderson, 45, of Snellville, was arrested last month after the …
For decades, Georgia’s insurance industry has sought to eliminate the long-standing provision allowing trucking-accident plaintiffs to sue insurance companies directly. This was the single most important issue the industry wanted to see addressed by lawmakers. Now, with the passage of …
The drunk driver who killed four people and injured nine more when he crashed his SUV into a Long Island nail salon was driving 78 mph (125 kph) at the time of the crash, prosecutors said Thursday as the driver …
Three suspects pleaded guilty to insurance fraud in May and June after investigations by Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. The fraud cases included a suspect from Qatar who had been on a most wanted list since 2013, …
BenefitMall Appoints Bishop Benefits Sales Executive for Southern California BenefitMall hired Crystal Bishop as a benefits sales executive for Southern California. Bishop has more than 20 years of experience in the insurance industry. She most recently served as executive sales …
The Pennsylvania Supreme Court has agreed to hear an appeal from the family of a Philadelphia woman whose 2011 stabbing death was initially ruled a homicide before the medical examiner switched it to suicide after police objected. First-grade teacher Ellen …
AM Best reports that it has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Connecticut Attorneys Title Insurance Co. (CATIC) of Essex Junction, Vermont. The …
