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Berkshire Hathaway to Beef Up Risk Disclosures Following SEC Request

Berkshire Hathaway Inc. agreed to better explain how its board of directors manages risks, including those taken by longtime Chairman Warren Buffett, after the U.S. Securities and Exchange Commission asked that it do a better job. In correspondence made public …

Florida Lobbying Firm Hires Altmaier as Lobbyist and Consultant

Former Florida Insurance Commissioner David Altmaier has been hired as a lobbyist and consultant by one of the largest and most influential lobbying firms in the state, The Southern Group, the company announced. The Southern Group, which in 2022 became …

Judge Approves Release of Baltimore Church Sex Abuse Report

A judge on Tuesday granted the Maryland Attorney General’s Office permission to publicly release a redacted version of an investigative report detailing sex abuse allegations against more than 150 Roman Catholic priests and examining the Archdiocese of Baltimore’s response. Officials …

Court Affirms Insurer, Agent Have Duty of Care But Not Fiduciary Duty in GEICO Case

A licensed insurance agent, and the insurer she represents, owe a duty of care to a customer to explain coverages but neither the agent nor the insurer has a fiduciary duty to an insured under Connecticut law. U.S. District Judge …

California Care Home Charged in Connection With COVID Deaths

A Southern California residential care home company and three of its managers have been charged in connection with 14 COVID-related deaths at one of its facilities three years ago, prosecutors said. The criminal complaint alleges Silverado Senior Living Management failed …

California Workers’ Comp Committee to Discuss Insurer Experience

The Workers’ Compensation Insurance Rating Bureau of California’s Actuarial Committee is set to talk about insurer experience, and the impact of the economic slowdown on the pure premium. The committee is set to meet virtually at 9:30 a..m on March …

Denver Paying $1.6M to Protesters Injured in 2020

The city of Denver will pay $1.6 million to settle lawsuits filed by seven people who police injured during demonstrations over the killing of George Floyd in 2020. The City Council approved the settlements Monday, the largest of which will …

Lawsuit Blames Philadelphia Rowhouse Fire That Killed 12 on City Agency, Lighter Importer

The first lawsuit filed over a Christmas tree fire in Philadelphia – which killed 12 members of an extended family last winter – accuses the city’s Housing Agency of lax oversight of the three-story rowhouse and a California company of …

People Moves: PCF in Utah Names Two New Senior Vice Presidents

PCF Insurance Services in Lehi, Utah, has announced two new senior vice presidents. Peter Nettesheim was named to the newly created role of senior vice president of data and technology. Nettesheim has 25 years of experience and oversees data, business …

Amendment to Florida Tort-Reform Would Grant One-Way Attorney Fees in Some Cases

A sponsor of a far-reaching Florida tort-reform bill warned last week that the measure, unlike previously adopted insurance legislation, is subject to change as it moves through the House and the Senate. On Tuesday, that proved true as the Senate …

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