Ford Adds Retroactive Wi-Fi Option and More to 2010–2016 Vehicles

– Beginning this summer, current Ford and Lincoln customers will be able to add a host of technology features, including in-car 4G LTE Wi-Fi, to their 2010–2016 car or truck courtesy of a new system called SmartLink. The retroactive upgrade will be sold at Ford and Lincoln dealerships and can be plugged in to the OBD II […]

Warren Buffett extends his dominance of retroactive reinsurance

IT IS a niche market, but a big one, and it is increasingly dominated by Warren Buffett’s Berkshire Hathaway. On January 20th its reinsurance subsidiary, National Indemnity Company (NICO), agreed with American International Group (AIG), a big insurer, to acquire excess losses on old insurance policies. In one of the largest such “retroactive reinsurance” deals […]