E&S/Specialty

American International Group is giving a Chinese-based group until the end of July to come up with the money needed to complete a deal to give their investors 90 percent control of AIGs airplane leasing unit.

Berkshire Hathaway has agreed to a request by the Securities and Exchange Commission to refine its disclosure of catastrophe and other losses.

West, Texas Mayor Tommy Muska says the community he leads needs federal funds to pay for what insurance does not.

In one of the most anticlimactic announcements of the year, Warren Buffett says the new commercial E&S division of Berkshire Hathaway has commenced operations.

A severe storm system sweeping the U.S. East Coast on Thursday delayed flights and threatened to snarl work commutes a day after causing several tornadoes, damaging hail and high winds across the upper Midwest.

Warren Buffetts Berkshire Hathaway is in the commercial market for the long haul, despite new capital potentially dampening the momentum of rate increases.