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Berkshire Hathaway’s re/insurance businesses deliver $2.3bn net underwriting result for Q2’24

Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has achieved an 82% year-on-year rise in net underwriting earnings across its insurance and reinsurance businesses for the second quarter of 2024, as the firm’s property and casualty (P&C) reinsurance operation again generated more...

Scorching summer brings demand for heatstroke insurance in Japan

As Japan suffers another scorching summer, insurers see rapidly growing demand for heat-related illness coverage that boasts easiness and flexibility in contracts compared...

CrowdStrike outage will cost Fortune 500 companies $5.4 billion in damages

The vast majority of damages from last month’s CrowdStrike Holdings Inc.’s global IT outage will go uninsured, according to new estimates from Guy Carpenter and CyberCube Analytics Inc. The days-long cyberincident — which grounded planes, shuttered businesses and stopped markets — cost Fortune 500 companies about...

Security Update: Will CrowdStrike Outage Force Cyber Insurance Premium Hikes?

Will CrowdStrike Outage Trigger Cyber Insurance Premium Hikes?Trend Micro Advances Deepfake Protection: Tools MSSPs Can UseRansomware Lawsuits Target Businesses, Vendors to Pay for Business Interruption'Patchless Patching' for Zero-Days: Qualys Advances Vulnerability Management Our MSP business readers at ChannelE2E know the importance of selling...

2024 Title Insurance Financial Survey/Overview | ArentFox Schiff

As a ready reference for real estate industry professionals utilizing title insurance, below is a comparison and limited analysis of certain aspects of the annual financial statements of a cross section of active title insurance companies. The discussion focusses on one factor which...

Grandfather battling cancer fights insurance company

Larry Allen struggles to push open the door to his northeast Harris County shed. The large shed shifted after Hurricane Beryl when his neighbor’s large tree fell on it.Since then, he’s been unable to use it.“It’s got even worse, cause all of that...