Berkshire Hathaway Posts $43.8 Billion Loss as Stock Holdings Tumble August 8, 2022 By Jonathan Stempel The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as the conglomerate run...
Gallagher Calls Alliant’s Filing in Poaching Suit a ‘Masterclass in Deflection’ August 8, 2022 By Chad Hemenway In the latest in the back-and-forth court filings between Arthur J. Gallagher and Alliant Insurance Services, Gallagher said its competitor...
U.S. Captive Market Thrives Amid Capacity, Pricing Challenges August 8, 2022 The U.S. captive insurance market segment continued to generate profits and surplus gains in 2021 while outperforming the commercial market,...
Sills Named CapSpecialty CEO as Sennott Steps Down August 5, 2022 CapSpecialty, a wholly-owned subsidiary of Alleghany Corporation, said Jack Sennott is stepping down from his roles as CEO, president and...
Alliant Response to Gallagher Poaching Suit: Female Employees Left Due to Poor Treatment August 5, 2022 By Chad Hemenway Alliant Insurance Services fired back at rival Arthur J. Gallagher in response to a request from Gallagher for a temporary...
Insurtech Pie Insurance Partners with Bold Penguin, Talage, and Tarmika August 5, 2022 Pie Insurance, an insurtech company specializing in workers’ comp insurance for small businesses, announced strategic partnerships with three leading commercial...
Twitter Rejects Musk’s Claims That He Was Hoodwinked August 5, 2022 By Tom Hals Twitter Inc. on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the...
Equifax May Face Class-Action Suit After Credit-Score Glitch August 5, 2022 By Erik Larson Equifax Inc., the second-biggest global credit bureau, was hit with a proposed class-action lawsuit after a report that it provided...
CSU Team Slightly Lowers Forecast for Still Above-Average Hurricane Season August 5, 2022 The hurricane research team at Colorado State University has slightly lowered its outlook for the Atlantic hurricane season but is...
Equifax Says Consumer Credit Scores Changed in Computer Error August 4, 2022 Equifax Inc. said some consumer credit scores were changed because of a computer error that has since been rectified. A...