Berkshire Hathaway’s Q3 Profit Tops Expectations November 4, 2019 By Jonathan Stempel and Shubham Kalia Berkshire Hathaway Inc. said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset...
RLI, Gridiron Form Excess Liability Binding Authority Partnership November 4, 2019 RLI has formed a partnership with Gridiron Insurance Underwriters to offer RLI’s excess liability binding authority insurance through Easy Excess,...
Munich Re’s Assennata Joins North Carolina-Based IAT Insurance Group November 4, 2019 IAT Insurance Group, a provider of specialty property and casualty products, has added Steve Assennata to the company to serve...
Court Upholds $2.75M Damage Award Against Businessman in Missouri Arson Lawsuit November 1, 2019 A Missouri appeals court has ruled a Columbia businessman is liable for a $2.75 million civil judgment awarded to a...
Wildfire Season Rages on in Southern California as Thousands Flee November 1, 2019 By Christopher Martin and Brian K. Sullivan A wildfire that erupted overnight near Los Angeles has forced 7,500 people to flee as the tail end of a...
Keystone Pipeline Leaks 383K Gallons of Oil in North Dakota November 1, 2019 By James MacPherson TC Energy’s Keystone pipeline leaked an estimated 383,000 gallons (1.4 million liters) of oil in northeastern North Dakota, state regulators...
3 Kentucky Farmers Plead Guilty to Crop Insurance Fraud November 1, 2019 Three Kentucky farmers have pleaded guilty to federal charges related to crop insurance fraud. The U.S. Attorney’s office in Lexington...
Scammers Swindle Florida City Out of Nearly $750K With Fraudulent Invoice November 1, 2019 Police say scammers posing as a local construction company doing business with a north Florida city got an employee to...
San Antonio Spa/Resort to Pay $2.6M to Settle National Origin Discrimination Suit November 1, 2019 The former operators of a spa and resort in San Antonio, Texas, to pay $2,625,000 to settle a national origin...
AIG’s P/C Underwriting Results for Q3 Hit by Catastrophes But Not as Badly as Year Ago November 1, 2019 By Mark Hollmer Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year,...