Category: Insurance Journal

Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate. That figure hit $13.5 billion, as the firm’s insurance underwriting profit more …

Allan Bryant scans the sky as he watches over a minutes-old calf huddled under a tree line with its mother. After a few failed tries, the calf stands on wobbly legs for the first time, looking to nurse. Above, a …

Citizens Property Insurance Corp., the state-created insurer of last resort, is no longer the largest carrier in Florida. The ranking is seen as a significant milestone in the push for a more stable, market-based insurance market. Citizens’ leadership announced late …

A New York judge dismissed a legal challenge Friday from Texas seeking to enforce a more than $100,000 civil judgment against a doctor accused of prescribing abortion pills to a Dallas-area woman in an early test of the state’s “shield …

A former Virginia teacher who was shot by a 6-year-old student in her classroom in 2023 testified Thursday that she thought she had died that day. Abby Zwerner testified in her $40 million lawsuit filed against a former assistant principal …

Nearly two-thirds of construction workers reported experiencing anxiety or depression in the past 12 months, according to a new survey by design-build firm Clayco. Sixty-four percent of the more than 1,000 construction workers surveyed said they felt the impact of …

LP Insurance Services is expanding into Oregon with the acquisition of Mountain West Insurance Services Inc., based in Salem. The Salem team will continue serving clients throughout the Willamette Valley and beyond. The new LP Insurance Salem office is at …

San Francisco Mayor Daniel Lurie is trying to get more homes built for people like Liam Murphy: a fifth-generation city kid who found himself repeatedly outbid for tiny two-bedroom houses that wound up selling for $1.6 million. Murphy, 39, now …

The National Transportation Safety Board wants the owners of nearly 2,000 Learjets—which have long been associated with the rich and famous—to urgently inspect their landing gear to make sure they won’t collapse as happened in a fatal crash in February …

At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters altogether. And the National Association of Public Insurance Adjusters …