Berkshire Hathaway makes a move on business insurance

June 13, 2013June 12, 2013 Logan B.

Berkshire Hathaway to muscle into business insurance sector Berkshire Hathaway is making a strong move into the business insurance sector in order to have a greater impact on how this sector operates. The company has been looking to enter into new sectors of the global insurance industry lately in order to take advantage of new opportunities that exist in developing markets around the world. In the past, the company has pushed into the business insurance sector due to certain trends, but this time is different for Berkshire Hathaway. Company cites…

The lessons business should learn from 2011 catastrophic insurance news

April 21, 2012April 21, 2012 Marc

Business insurance report highlights the importance of business interruption coverage Following the tremendous amount of insurance news involving catastrophic events around the world last year, it is recommended that businesses take this opportunity to learn from the past and make the right coverage decisions to reduce their risk of financial harm in the future. Marsh has published a report that has shown that the scale of the 2011 catastrophes was greater than what the previous predictions from loss modeling had provided, and has now challenged the standard belief systems regarding…