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Shamieh in frame for Berkshire insurance leadership as Jain tenure continues

A report by The Wall Street Journal says Berkshire Hathaway has identified Charlie Shamieh as the likely successor to Ajit Jain, the group’s Vice Chairman of Insurance Operations. Citing people familiar with the matter, WSJ said the timing of the transition remains uncertain, with...

Charter firm accuses Cincinnati Insurance of splitting yacht claim to dodge payout

A Florida charter company is taking Cincinnati Insurance to court, saying the carrier carved up a single yacht-grounding claim to wriggle out of ... Source link

Florida Needs Much More Wind Mitigation Efforts. Researchers Have Some Bold Ideas.

Florida has the largest wind-mitigation grant program in the country, providing more than $300 million to homeowners over the last few years, resulting in insurance premium discounts for thousands of people. But it’s not enough. The...

What was behind the shock deal for Ghirardelli Square? | The San Francisco Standard

JAB's insurance companies are making an effort to invest the money they collect in premiums, rather than paying fees to third-party asset managers ... Source link

Who wants to be California’s next insurance commissioner? A guide to the candidates

PICKING THE NEXT INSURANCE COMMISSIONER could be one of the most important decisions Californians make for their wallets this election year. They may have seen a big increase in their insurance premiums in the past couple of years. They might know someone whose homeowners...