Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The proposals were disclosed in Berkshire’s annual proxy filing, ahead …
Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies do not cover their losses from the pandemic, lawmakers in a number of states have responded by filing legislation to …
Tesla Inc. Chief Executive Elon Musk has been sued by a shareholder who accused him of violating his 2018 settlement with the U.S. Securities and Exchange Commission over his Twitter use. According to a complaint unsealed late Thursday in Delaware …
Fallout from last month’s deadly deep freeze in Texas has quietly spread to people living hundreds of miles away. Minnesota utilities have warned that monthly heating bills could spike by $400, after the crisis jacked up natural gas prices across …
Hackers aiming to call attention to the dangers of mass surveillance say they were able to peer into hospitals, schools, factories, jails and corporate offices after they broke into the systems of a security-camera startup. That California startup, Verkada, said …
Vimeo Inc. is immune to a lawsuit by a church whose account it deleted for promoting gay conversion, the federal appeals court in New York ruled, amid a battle over online speech. Church United and its president and founder, James …
Federal workplace safety regulators said on Friday they will revisit several COVID-19 related safety investigations performed during the Trump administration as part of a wider effort to better protect workers from the pandemic. The U.S. Occupational Safety and Health Administration …
Members of the Sackler family who own Purdue Pharma LP have offered roughly $4.3 billion to resolve sprawling opioid litigation, up from $3 billion initially proposed in settlement discussions underway in the OxyContin maker’s bankruptcy proceedings, four people familiar with …
Despite the COVID-19 pandemic, the U.S. property/casualty (P/C) industry improved its overall profitability in 2020, with a 68% increase in net underwriting income and combined ratio that improved slightly over the previous year. These preliminary results are from a new …
Some serious money has been sent the way of various insurance startups over the past week. Investors backed cutting-edge commercial lines and cyber insurance products as well as advances in texting communications, producer management and licensing compliance, and digital risk …