Insurance

Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99. He died on Tuesday at a …

The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, according to Swiss Re. The pace of claims growth in the liability line of business challenges the insurability of …

NEW ORLEANS (AP) – As much as 1.1 million gallons of oil may have been discharged into the Gulf of Mexico from a pipeline system off Louisiana`s southeast coast, the U.S. Coast Guard said last week. The affected pipeline has …

A Texas judge has ordered a Houston plaintiffs’ attorney to reimburse an insurer $137,000 for the legal fees it expended to defend itself against a “frivolous” and “groundless” lawsuit that was filed “solely for the purpose of harassment.” Harris County …

Alliant Insurance Services, headquartered in Irvine, Calif., hired Morgan Jensen as vice president within its Alliant Americas division. Based in St. Louis, Missouri, Jensen has over 20 years of insurance experience. Before joining Alliant, Jensen served as area vice president …

ATHENS, Ohio (AP) – Five people, including two children, were killed in a mobile home fire in Ohio on Thanksgiving morning, authorities said. The Ohio Department of Commerce said volunteer firefighters in Athens County were called to a Rainbow Lake …

JACKSON, Miss. (AP) — Mississippi prosecutors have dismissed indictments against a man in the shooting death of a former state lawmaker and the earlier burning of a building, saying they need more time to investigate. The murder and arson charges …

Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical expertise and guidance from Environmental Defense Fund. The hub …

FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula 1 racing and Mercedes-Benz Group AG’s racing team. Investors’ lawyers sued MLB – the …

A former Allstate insurance agent in North Carolina has until the end of February to stop selling competing products to her former clients and to return confidential client information to Allstate. A federal judge on Monday finalized an injunction and …