Berkshire Hathaway’s insurance business recorded an after-tax underwriting loss of $962 million (a pre-tax loss of $1.15 billion) in the third quarter, a decrease of $178 million from 2021, as catastrophe losses and increases in private-passenger auto frequency offset underlying …
The operator of an Orlando amusement park ride from which a Missouri teenager fell to his death should pay a $250,000 fine and can never hold a ride permit in Florida again, state officials said Tuesday. Fourteen-year-old Tyre Sampson fell …
The U.S. Supreme Court is set on Monday to hear arguments in two cases that could make it easier to challenge the regulatory power of federal agencies in disputes involving the Federal Trade Commission and the Securities and Exchange Commission. …
An employee at the Walmart in Chesapeake, Virginia, where a supervisor fatally shot six people last week, filed a lawsuit on Tuesday against the company, claiming she and others had warned management about the shooter’s behavior and that nothing was …
Family members of a 22-year-old woman whose boyfriend admitted to killing her last year have filed a wrongful death suit against the Moab Police Department, claiming their negligence led to her death weeks later. The lawsuit is the latest development …
Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related products abroad in the face of Western sanctions, a government official was quoted as saying on Tuesday. Western sanctions imposed …
Hundreds of female city employees are anticipating back payment from the City of Albuquerque, New Mexico, to make up for a wage gap going back years. KOB-TV reported that a judge is expected to sign off on the $17 million …
Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong Kong initial public offering. Beijing-based Sunshine Insurance started taking investor orders for about 1.15 billion new shares on Wednesday, according …
Delegates from nearly 200 countries kicked off the U.N. climate summit in Egypt on Sunday with an agreement to discuss compensating poor nations for mounting damage linked to global warming, placing the controversial topic on the agenda for the first …
Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine. The plan is meant to punish Russia while at the same time …