Berkshire Hathaway
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The chunky deal comes as many reinsurers are heavily cutting their Florida cat books. -
The defendants denied the accusations of misappropriation of trade secrets and confidential information by BHSI.
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The Warren Buffett-led conglomerate also remained firm in its position in rival broker Aon.
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Other defendants in the complaint include Endurance, Great American Insurance, Ironshore, Ace American Insurance and TIG Insurance.
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Inside P&C’s news team runs you through the key developments from the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The insurer accused its former global casualty CUO Foley and SVP London of misappropriation of valuable confidential information.
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The meeting highlighted economic challenges and left questions about future acquisitions after an eventual management transition.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Shareholders supported Buffett remaining as chairman and chief executive on a nearly 6-to-1 margin.
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Geico saw claims frequency increase across all coverages, while severity especially increased in property damage, collision and bodily injury coverages.
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Long-time executive Kathy Reid will bring more than 25 years of insurance industry experience to the role.
Related
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BHSI taps Murdock to head US property claims
April 16, 2025 -
BHSI makes senior US casualty underwriting appointments
April 10, 2025 -
BHSI revamps leadership for US retail general property
March 17, 2025