Reinsurance Participation Agreement (RPA) News

Berkshire Hathaway’s Applied Underwriters Settles Workers’ Comp Dispute with New York

Berkshire Hathaway subsidiary Applied Underwriters will voluntarily halt the selling of a reinsurance-based, loss-sensitive workers’ compensation product in New York under an agreement with the state regulator who first raised questions about the product three years ago. Applied Underwriters will …

Berkshire’s Workers’ Compensation Product Carries Risks of Innovation

David Miller is a stickler for safety at the Goodwill stores he runs in central California. So when Applied Underwriters offered his nonprofit a deal on insurance for workplace accidents if he could minimize injuries, he jumped at the opportunity. …

Berkshire’s Applied Underwriters Defends Workers’ Comp Products, Says Brokers Should Not Be at Risk

Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative effects on brokers who dealt with the products, according to a …