March 21, 2017
Berkshire Hathaway Inc. said that a Berkshire factory worker from West Virginia was the winner of its 2017 Bracket Contest. The contest winner will be receiving the winning prize of $100,000 as a result of correctly picking the winners of …
March 21, 2017
The House is racing to find enough votes for its health-care bill this week, but even if it passes, prospects in the Senate have only darkened. More than enough Senate Republicans oppose the House bill to kill it — with …
March 21, 2017
Officials say a fire at a jewelry store in Delaware that did $100,000 in damage was accidental. The office of the state fire marshal says the fire was reported shortly after 2:30 a.m. Sunday in the Jewelry Exchange of Delaware …
March 21, 2017
Penn State’s former president faces trial Monday on charges that children were put at risk by how he responded to complaints about Jerry Sandusky more than 15 years ago, and two of his former top lieutenants who just pleaded guilty …
March 21, 2017
Most executives see risks increasing in both number and complexity – but those same executives say their organizations’ risk management efforts may not be staying abreast of those risks. The findings are part of a report titled “The State of …
March 21, 2017
Authorities say vandals contaminated the private water system of a mobile home park in western Pennsylvania, leaving about 50 homes without water service. State police in Westmoreland County say someone entered the community water facility at the Pineview Manor Park …
March 21, 2017
When a Texas City refinery exploded in 2005, 15 people died. Months later, the U.S. Chemical Safety Board found that putting workers in temporary trailers near danger zones at the plant raised the death toll. Since then, temporary trailers have …
March 21, 2017
The 20 largest European cedants have continued to buy more reinsurance as soft market conditions prevail, although the pace at which retention ratios are falling has been more subdued, according to A.M. Best in a new briefing. A.M. Best said …
March 21, 2017
Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224 billion U.S. dollars) last year (excluding health insurance). In a year-on-year comparison, the nominal increase – after adjustments to reflect …
March 21, 2017
A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a consumer group said on Monday. Flood-mapping provides important details …