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Changes to Washington Homeowners and Auto Premium Rule to Be Considered

Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons for premium increases in policy...

Questions about Carrying over Non-Conformities Persist for Berkley Insurance Co’s Proposed Office Building

This week the Greenwich Planning & Zoning commission reviewed an application from Berkley Insurance Company who seek to remove five existing structures on Davenport Ave and Steamboat Road and construct a new 3 story office building with parking. The applicant’s global headquarters is in...

A town in California is fireproofing homes by law. Could Washington soon follow the strategy?

A wildfire destroyed 90% of a town in California. Now, it's using building ordinances to entice insurance companies back. Could Washington soon follow the strategy? ...

Berkshire Hathaway Earnings: Cash Stockpile Hits Record; Share Repurchases Nonexistent

Key Morningstar Metrics for Berkshire HathawayWhat We Thought of Berkshire Hathaway’s EarningsWith narrow-moat-rated BRK.A BRK.B reporting adjusted third-quarter operating results that were more or less in our range of expectations for the quarter, we are leaving our $700,000 ($467) per Class A (B)...

Matt Merna Expands Role at Chubb Limited

The latest people news in the industry today. ...

What to Do If Homeowners Insurance Is Canceled

If your home has a mortgage, your bank requires you to carry some type of homeowners insurance, and you don’t want it to lapse for any reason,...