Berkshire AIG News

Charles Munger, the vice chairman of Warren Buffett’s Berkshire Hathaway Inc., said the decision to take on insurance liabilities from American International Group Inc. offers plenty of risk, and also the chance for a substantial reward. “It’s intrinsically a dangerous …

Property, casualty and professional liability insurance rates were up five percent in April, according to MarketScout’s most recent composite index. That matches the increase for March. Commercial property and workers’ compensation rates were up the most of all coverages at …