As another wildfire season looms, insurance companies have abandoned some California neighborhoods at lower risk of burning, forcing tens of thousands of homeowners to obtain bare-bones coverage from the state’s insurer of last resort. California intended the insurer, called the …
Berkshire’s Pivot to AI Bets Gets an Immediate Reality Check
In his first year as Chief Executive Officer of Berkshire Hathaway Inc., Greg Abel has pushed the conglomerate into an entirely new area of investment: