Professor Jeffrey Sachs addressed catastrophe coverage on Monday's New York Times op-ed page. His message: It's time for a global system of disaster insurance to help countries like Haiti and Nepal rebuild following devastating events.

Berkshire Hathaways first-quarter profit climbed 9.8% as lower fuel prices helped the railroad business, and investment income improved because of Buffetts wager on Burger King.

The majority of Americans remain insecure about their retirement prospects, often because they don't work with a financial professional to put a formal savings, investment, and insurance plan together to account for their "golden" years, Deloitte's most recent research revealed.