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The U.S. risk council is looking to determine whether Warren Buffett's Berkshire Hathaway Inc could be systemically important, a tag that would subject it to stricter regulatory oversight, Bloomberg reported, citing two people familiar with the matter.
Personal-lines insurers should show year-over-year profit improvement when they report 2013 results, and the combined ratio for both personal auto and homeowners should come in under 100, according to a Fitch Ratings personal-lines dashboard update.
Personal-lines insurers should show year-over-year profit improvement when they report 2013 results, and the combined ratio for both personal auto and homeowners should come in under 100, according to a Fitch Ratings personal-lines dashboard update.
The cost of the average American wedding is reaching about $26,000, leading to growing interest in wedding insurance to protect against extreme weather, illness and even a sudden change of heart.
The Chevrolet Spark was the only minicar out of 11 tested to earn an acceptable rating in the Insurance Institute for Highway Safetys small overlap front-crash test, which was introduced in 2012.
Insurers may be underestimating their exposure to a coming third wave of asbestos liabilities by relying on outdated assumptions and not accounting for factors such as longer life expectancy and advances in medical knowledge, a research firm says.
Insurers may be underestimating their exposure to a coming third wave of asbestos liabilities by relying on outdated assumptions and not accounting for factors such as longer life expectancy and advances in medical knowledge, a research firm says.
Lower catastrophe losses helped send The Travelers Companies, Inc.s 2013 fourth-quarter net income soaring 225% to $988 million, compared to 2012 fourth-quarter net income of $304 million.
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