s an overhaul of financial services regulation is debated in Washington, the American Academy of Actuaries is throwing its support behind creation of a federal systemic risk regulator for the entire financial services sector. A whitepaper by the association’s ... [full story]

PASADENA, Calif. (Bloomberg)—Berkshire Hathaway Inc.'s Charles Munger, who has helped Chairman Warren Buffett reduce the firm's reliance on insurance sales, said declines in policy prices may continue, even as the economy shows signs of recovery. “I would not bet ... [full story]