Claims and expenses took a bite out of Nationwides first-quarter earnings as the mutual insurance company says net income was down by 5 percent over the same period last year.

Claims and expenses took a bite out of Nationwides first-quarter earnings as the mutual insurance company says net income was down by 5 percent over the same period last year.

The CEO of MarketScout says Berkshire Hathaways hiring of four seasoned executives away from American International Group could disrupt commercial market rate increases should the company decide to enter the primary marketplace to expand its market share.

The CEO of MarketScout says Berkshire Hathaways hiring of four seasoned executives away from American International Group could disrupt commercial market rate increases should the company decide to enter the primary marketplace to expand its market share.

Berkshire Hathaway says its first-quarter net income rose 49 percent on the strong performance of its insurance businesses, and the company says it has the capacity and desire to write more business.

Liberty Mutual reports first-quarter net income fell 31 percent, impacted by the devaluation of Venezuelas currency and premium declines primarily in workers compensation.

Liberty Mutual reports first-quarter net income fell 31 percent, impacted by the devaluation of Venezuelas currency and premium declines primarily in workers compensation.

Flooding. Power outages. Debris removal. Rebuilding. Many insurance agents faced the same issues as their clients in the wake of Superstorm Sandy, but they all shared an additional responsibility: to make themselves available to the victims of the storm, helping them to process the claims that would help them make...