Cypress Insurance Company News

Microsoft Insurer Loses Bid To Recoup $175M from Xbox Chipmaker Hit by Fire

Microsoft Corp.’s captive insurer has lost its bid to recover $175 million in costs the software maker said it incurred in 2013 to replace memory chips that a manufacturer failed to deliver because of a fire at the chipmaker’s plant …

Ratings Recap: Berkshire Hathaway Homestate, Rural Community, Imperial Fire

A.M. Best has affirmed the financial strength rating of ‘A++’ (Superior) and the issuer credit ratings of “aa+” of Omaha-based Berkshire Hathaway Homestate Insurance Company, and its five property and casualty affiliates: Cypress Insurance Company (San Francisco, CA), Oak River …