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Berkshire Notches Wildfire Win, But Earnings Show Long-Term Liability Remains Unresolved
Berkshire Hathaway's first quarter filing reveals $2.9 billion in cumulative wildfire loss accruals at PacifiCorp even after a significant Oregon appellate reversal — leaving a liability architecture that remains in question.
As the Hard Market Fades, the Flood Problem Stays
The hard market has peaked, the diversification trade is on, and nobody is stepping up to close the US flood coverage gap.