Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Accused of Stealing Workers’ Comp Premiums in Manhattan Lawsuit
Sep 12 2016 // New York City-based Breakaway Courier Corp. has filed a lawsuit against Omaha, Neb.-based Berkshire Hathaway Inc. for an alleged illegal scheme to steal workers’ compensation premiums. A complaint against Berkshire...
People – East
Aug 22 2016 // The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance firms, has announced the September resignation of Andrew S. Robinson, executive vice president and...
GEICO Set to Expand Western New York Operations, Add 600 Jobs
Aug 11 2016 // GEICO is planning to expand its regional operations office in Western N.Y. in a move that it expects will bring more than 600 new jobs to the region, the company announced. The firm is set to open an additional facility in...
Improved Insurance Results Boost Berkshire Hathaway Q2
Aug 8 2016 // Berkshire Hathaway Inc. on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp., Warren Buffett’s...
Business Moves
Aug 8 2016 // World Insurance Associates, AIV Group World Insurance Associates, an independent insurance agency based in Tinton Falls, N.J., has acquired AIV Group, an insurance agency serving the Asian community. AIV Group, in...
Company Sued in North Dakota Train Derailment Wants Case Moved
Aug 1 2016 // A Pennsylvania steel company named in a lawsuit over an oil tanker train derailment near Casselton, N.D., more than two years ago wants the case moved from state to federal court. An attorney for Standard Steel made the...
Berkshire Hathaway Purchasing New York Medical Liability Insurer
Jul 18 2016 // Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price. The deal comes as the insurer completes its conversation from a mutual company...
Buffett Gives $2.8 Billion in Shares to Charities Including Gates Foundation
Jul 15 2016 // Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., has donated another roughly $2.86 billion of his holdings in the company’s stock to the Bill & Melinda Gates Foundation and four family...
Pham Named GEICO VP for Virginia, North Carolina
Jul 1 2016 // GEICO has named John Pham vice president of its regional operations in Virginia Beach. Pham will oversee all business functions for Virginia and North Carolina insureds, as well as GEICO’s military, motorcycle and...
GEICO Files RICO Lawsuit in Florida Over Alleged Fraudulent Claims
Jul 1 2016 // GEICO has sued five Florida companies and six known individuals engaged in what it said was a complex scheme to submit hundreds of suspected fraudulent glass repair bills for payment. In the case, Government Employees...
As Texas Train Wreckage Smolders, BNSF Says Technology May Have Prevented Crash
Jun 30 2016 // Wreckage from a train collision continued to smolder on June 29 in the Texas Panhandle as workers prepared to remove the charred, twisted box cars from the tracks and renew their search for three missing crew...
People – West
Jun 6 2016 // Monarch E&S Insurance Services has opened a second San Diego County, Calif., office, this one in San Marcos, and named new employees to work out of the office. The employees are: Michelle Mitchell, senior...
Berkshire Hathaway GUARD Adds 2 Field Representatives in Northeast
May 24 2016 // Sue Bonkowski Berkshire Hathaway GUARD Insurance Companies in Wilkes-Barre, Pennsylvania, has hired Sue Bonkowski and Mike Lawless as senior field representatives. Bonkowski is based in Pittsburgh, Pennsylvania, and will...
Herring Named Field Rep in California for Berkshire Hathaway GUARD
May 23 2016 // Berkshire Hathaway GUARD Insurance Cos. has named Traci Herring a senior field representative in Northern California. Herring is responsible for identifying prospects for appointments while providing information about...
Berkshire Hathaway GUARD Adds Lawyers PL Program, Plans Other Product Launches
May 23 2016 // Berkshire Hathaway GUARD Insurance Companies is now offering a lawyers professional liability policy in California, Maryland, New Jersey, Pennsylvania, Texas, and the District of Columbia with ten more states planned in...
Buffett Downplays Succession Speculation In Wake of Jain Assuming General Re Role
May 3 2016 // Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about succession planning for subsidiaries. “There are no tea leaves...
Timeline: From Teen to Octogenarian, How Buffett’s Wealth Has Grown
May 2 2016 // In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise of robo-advisors, armchair investors have dozens of tools just a few clicks or taps away. Daily trading...
Berkshire Hathaway Specialty Hires AIG Exec Valzania in Boston
Apr 5 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has hired David Valzania as customer and broker engagement leader for the eastern U.S. region. He is based in BHSI’s office in Boston. Valzania comes to BHSI with nearly...
AmWINS Gets Backing for Unicorn MGA from Berkshire Hathaway International
Mar 29 2016 // U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn...
Judge Dismisses California Lawsuit over Duracell Batteries Guarantee
Mar 17 2016 // A federal judge threw out a lawsuit accusing Procter & Gamble Co. of misleading consumers by guaranteeing that Duracell batteries would not fail for 10 years, when in fact the batteries might leak when used or stored...
