Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the conglomerate’s 59th annual meeting.
Category: Insurance
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Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the conglomerate’s 59th annual meeting.
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First Republic Bank Is Sold to JPMorgan: What to Know
First Republic is the second-largest bank by assets to fail in U.S. history. Here are some answers to questions you may have about what comes next for the bank and for depositors’ money.
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First Republic Is Sold: What to Know
First Republic is the second-largest bank by assets to fail in U.S. history. Here are some answers to questions you may have about what comes next for the bank and for depositors’ money.
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Medicare Delays a Full Crackdown on Private Health Plans
The New York Times – Business:After intense lobbying by insurers, U.S. health officials say curbs aimed at overbilling by Medicare Advantage will be eased in over 3 years.
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Rural Hospitals Are Shuttering Their Maternity Units
The New York Times – Business:Citing costs, many hospitals are closing labor and delivery wards, expanding so-called maternity care deserts.
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Help! A Check-in Agent’s Mistake Made Me Miss an Antarctic Cruise and I’m Out $17,000.
The New York Times – Travel:An American Airlines error kept a traveler from getting to her cruise’s departure, but the carrier wouldn’t take financial responsibility and her trip insurance refused to pay. Then our columnist stepped in.
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Berkshire Hathaway Reports Third-Quarter Loss
The New York Times – Business:The company’s huge investment portfolio lost money, while its insurance arm felt the effects of Hurricane Ian and inflation-driven rises in property and damage claims.