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Berkshire Hathaway raises new CEO’s salary to $25 million

(Reuters) — Berkshire Hathaway said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades. Mr. Abel, 63, became chief executive on January 1, after spending...

Family says Geico denied claim after crash because young children weren’t on policy

WASHTENAW COUNTY, Mich. (WDIV) - A Michigan couple says they were told by Geico that a Christmas Eve car crash wouldn’t be covered because their two young children were not listed on their insurance policy.Parents Kara Vogel and Carson Howatt say they were...

Advocates push back on state report showing savings from 2019 auto no-fault changes – 910News.com

LANSING — A new report from the state says that Michigan drivers are saving an average of $357 a year due to 2019 insurance changes.But advocates for crash survivors say the state’s system has left thousands of drivers needing care that they can’t...

BC's no-fault auto model faces renewed scrutiny | Insurance Business

British Columbia's no-fault auto insurance system, introduced in May 2021 under ICBC's “Enhanced Care” model, has drawn criticism for limiting ... Source link

COMING UP ON NBC NEWS' 'TODAY' DECEMBER 5 – JANUARY 9

Happy Healthy New Year: TODAY's Consumer: Ways to Save: How to Negotiate Car Insurance and Get Your Best Deal. Ethan Hawke on “Blue Moon.” Steals ... Source link