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The CEO of MarketScout says Berkshire Hathaways hiring of four seasoned executives away from American International Group could disrupt commercial market rate increases should the company decide to enter the primary marketplace to expand its market share.

The CEO of MarketScout says Berkshire Hathaways hiring of four seasoned executives away from American International Group could disrupt commercial market rate increases should the company decide to enter the primary marketplace to expand its market share.

Berkshire Hathaway says its first-quarter net income rose 49 percent on the strong performance of its insurance businesses, and the company says it has the capacity and desire to write more business.

The number of people killed on U.S. highways rose in 2012 to end six consecutive years of declines.

Property and Casualty carriers added 900 jobs in March -- a month that saw employment shrink in most other sectors of the insurance industry, according to an analysis of the latest figures from the U.S. Labor Departments Bureau of Labor Statistics.

Rapid innovations in communications, data storage and computing are transforming global business like never before, and insurance professionals will need to adapt to stay ahead of the curve.