Thirteen companies, a record number, have joined controversy-stirring Wal-Mart Stores Inc. in the pipeline for approval from federal regulators to establish a special kind of bank, agency records show. The companies, which include The Home Depot Inc. and Warren Buffett’s …
Washington state’s insurance commissioner fined four Geico Inc. insurance companies $120,000, alleging they used an unapproved scoring model to evaluate and offer personal auto coverage to consumers two years ago. Insurance Commissioner Mike Kreidler said the companies — Government Employees …
The foundations run by Warren Buffett’s three children, including one who lives in Illinois, will likely be the first to start handing out the nearly $37 billion the world’s second-richest man promised to start giving away next month. The business …
Auto insurance companies that use a person’s education and occupation to set rates are discriminatory and circumvent laws against using race and income to calculate prices, a state senator said this week. After listening to testimony from insurance companies and …
Triple “A” ratings have been on the endangered species list for some time, but they do still exist. Standard & Poor’s Ratings Services has just affirmed its ‘AAA’ long-term counterparty credit and insurer financial strength ratings on French-based reinsurer Caisse …
Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses. Berkshire’s net earnings were $2.3 billion, or $1,501 per share, for the three months ended …
News Currents A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a …
A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a Geico underwriting …
A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a Geico underwriting …
A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of America says that it uncovered a Geico underwriting …
