NEW YORK (Reuters) - Warren Buffett’s Berkshire Hathaway Inc said on Friday quarterly profit fell 18 percent, hurt by lower earnings from insurance underwriting and a decrease in investment gains.
In his annual letter to Berkshire shareholders, Buffett said insurance earnings would likely fall further, after a second straight year without major insured catastrophes.
Berkshire had been […]
Billionaire Warren Buffetts
Berkshire Hathaway Inc. may report lower fourth-quarter profit
later today because of falling insurance rates.
Berkshire has been scaling back coverage of coastal
property as prices drop from their highs following Hurricane
Katrina in 2005. Earnings probably declined 10 percent to $1,667
a share, excluding […]
It was really important that Brooklyn Center schools reach a teacher contract settlement by the state-imposed Jan. 15 deadline — for both sides.
That’s because the district, dripping red ink, couldn’t afford a $42,000 fine that would be imposed if negotiations dragged on past that date.
Several weeks past the deadline, a handful of Minnesota districts […]
It was really important that Brooklyn Center schools reach a teacher contract settlement by the state-imposed Jan. 15 deadline — for both sides.
That’s because the district, dripping red ink, couldn’t afford a $42,000 fine that would be imposed if negotiations dragged on past that date.
Several weeks past the deadline, a handful of Minnesota districts […]
It was really important that Brooklyn Center schools reach a teacher contract settlement by the state-imposed Jan. 15 deadline — for both sides.
That’s because the district, dripping red ink, couldn’t afford a $42,000 fine that would be imposed if negotiations dragged on past that date.
Several weeks past the deadline, a handful of Minnesota districts […]
Preliminary flood maps show areas subject to significant flooding, according to the Federal Emergency Management Agency. After extensive review, the approved maps will be used by floodplain permit officials, builders and developers, lenders, insurance and real estate agents and others who want to determine flood risk. Homeowners shown to be in flood-prone areas will be […]
It was really important that Brooklyn Center schools reach a teacher contract settlement by the state-imposed Jan. 15 deadline — for both sides.
That’s because the district, dripping red ink, couldn’t afford a $42,000 fine that would be imposed if negotiations dragged on past that date.
Several weeks past the deadline, a handful of Minnesota districts […]
Preliminary flood maps show areas subject to significant flooding, according to the Federal Emergency Management Agency. After extensive review, the approved maps will be used by floodplain permit officials, builders and developers, lenders, insurance and real estate agents and others who want to determine flood risk. Homeowners shown to be in flood-prone areas will be […]
China Pacific Insurance (Group) Co.,
the nations third-largest insurer, said its premium income
totaled 11.8 billion yuan ($1.6 billion) in January as the
countrys economic growth boosted demand.
The insurers life-insurance subsidiary earned 8.2 billion
yuan in premiums last month, the company said in a statement to
the […]
Preliminary flood maps show areas subject to significant flooding, according to the Federal Emergency Management Agency. After extensive review, the approved maps will be used by floodplain permit officials, builders and developers, lenders, insurance and real estate agents and others who want to determine flood risk. Homeowners shown to be in flood-prone areas will be […]