State Farm Sued Over Policies Backed by Distressed Insurer PHL December 3, 2025 By Alexandre Rajbhandari State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from...
AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus November 24, 2025 By Alexandre Rajbhandari American International Group Inc. will hand a multimillion-dollar payout to insurance executive John Neal, even as the executive’s employment ended...
Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims November 20, 2025 By Michelle Ma and Alexandre Rajbhandari Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor...
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar November 3, 2025 By Alexandre Rajbhandari Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged...
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion October 31, 2025 By Alexandre Rajbhandari The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to...
Tokio Marine Weighs More Than $10 Billion of International M&A October 9, 2025 By Alexandre Rajbhandari Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost...
US Property Insurance Costs Hit New High as Disasters Worsen September 9, 2025 By Alexandre Rajbhandari The cost of property insurance in the US rose to an all time-high in the first half of the year,...
Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade June 19, 2025 By Alexandre Rajbhandari Brookfield Corp.’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields...
Buffett to Step Down Following Six-Decade Run Atop Berkshire May 4, 2025 By Alexandre Rajbhandari and Katherine Chiglinsky Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a...
Buffett Says Comments Attributed to Him on X, TikTok ‘All False’ April 8, 2025 By Alexandre Rajbhandari Berkshire Hathaway Inc. said Friday that all reports circulating on social media sites including X, TikTok and Facebook “regarding comments...