Warren Buffett’s Berkshire Hathaway Inc. posted its best quarter in nearly two years, as recovering stock markets boosted the value of its equity investments and derivatives bets. Operating earnings for the second quarter nevertheless fell short of forecasts, reflecting lower …
Leaders of the United States, Mexico and Canada gather today to present a united front to try to limit the spread of the H1N1 swine flu, but there is less unity on simmering trade issues. U.S. President Barack Obama, Mexican …
EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has appointed Jeff Parkhurst as principal in its San Francisco office. Parkhurst brings 20 years of experience in the insurance industry, specializing in construction underwriting, bonding …
Newark, Calif.-based Risk Management Solutions (RMS) has unveiled its next-generation models for North America earthquake risks, covering the United States and Alaska, Canada and Mexico. The new models are likely to lead to a reduction in U.S. earthquake insured loss …
Seaworthy Insurance Co., which began in 1989 offering specialized boat insurance products to Boat Owners Association of The United States (BoatU.S), has launched a new line of commissionable boat insurance policies sold exclusively through insurance agents and brokers. Now a …
Tennessee Venture “This is a big opportunity. It’s important for the state to get this and to do this so that we remain competitive. Those funds I’m sure will be weighted fairly evenly throughout the state just for balance and …
Troubling allegations have surfaced over the National Highway Traffic Safety Administration’s handling of research and warnings about the safety of cell phone use by drivers. Main Street insurance agents and the industry in general, should be angry. Recently, The Center …
Wheaton, Ill.-based American Association of Insurance Services (AAIS) has developed a new rating plan for adding earthquake coverage to policies based on standardized forms, manual rules, and rating information provided under the AAIS Homeowners Program. The new plan consists of …
American International Group, Inc. (AIG) confirmed that its board of directors has elected Robert H. Benmosche as president and chief executive officer as previously reported.. Benmosche was also elected a member of the board of directors and will assume his …
School Wants to Eliminate Workers’ Comp for Workers in Foreign Countries A New Jersey nonprofit that hired workers to teach in foreign countries is not required to provide workers’ compensation insurance for those employees, a New Jersey appeals court has …
