Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Hathaway Balks at Reporting on Climate Change Risks
Mar 13 2016 // Warren Buffett’s compensation for running Berkshire Hathaway Inc. edged up 1 percent last year to $470,244, reflecting an increase in the cost of keeping the billionaire safe. Buffett’s salary remained at...
BHSI to Expand Specialty Business into Europe; Bolt & Koehler to Lead Operations
Mar 11 2016 // Berkshire Hathaway International Insurance Ltd. announced it will offer a specialty insurance solution to Europe with its affiliate, Berkshire Hathaway Specialty Insurance, subject to regulatory approval. Tom Bolt has been...
GEICO Dallas Begins Moving to Richardson
Mar 9 2016 // GEICO’s Dallas regional office is moving to a new location at 2280 North Greenville Avenue in Richardson, Texas. The new Dallas office will house more than 2,000 GEICO associates over time and provides more...
Why Small Commercial Lines May Not Be So Bright for Agency Carriers
Mar 3 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
Buffett Says Pessimism on Economy and America Is ‘Dead Wrong’
Feb 28 2016 // Warren Buffett reaches a broad audience with his annual letters to Berkshire Hathaway Inc. shareholders — and, on Saturday, he reached right out to U.S. voters. In sweeping passages, he rejected the economic...
GEICO Expands Ridesharing Coverage to South Carolina Drivers
Feb 23 2016 // GEICO is now offering a new ridesharing insurance product to drivers in South Carolina. GEICO’s ridesharing product replaces the driver’s personal auto policy and provides coverage for personal, ridesharing and...
S&P Affirms Berkshire Hathaway Insurance Units’ Ratings
Feb 19 2016 // Standard & Poor’s Ratings Services has affirmed its ‘AA+’ financial strength and long-term counterparty credit ratings on Berkshire Hathaway Inc.’s (BRK) operating insurance subsidiaries. The...
Buffett’s Berkshire Hathaway Annual Meeting to Air Live on Yahoo
Feb 16 2016 // Warren Buffett’s Berkshire Hathaway Inc. plans to webcast its annual meeting for the first time, allowing the largest U.S. shareholder gathering to reach a global audience through Yahoo Inc.’s finance...
BHSI Launches Miscellaneous Professional Liability Insurance in Canada
Jan 12 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Miscellaneous Professional Liability (MPL) Insurance in Canada. The new MPL policy provides claims-made coverage for professionals and...
Buffett’s Berkshire Hathaway Cuts Munich Re Stake to 4.6%
Dec 14 2015 // Warren Buffett’s Berkshire Hathaway Inc. further reduced its stake in Munich Re as the billionaire investor re-evaluates the attractiveness of the reinsurance market. The holding was trimmed to 4.6 percent from 9.7...
Best Assigns ‘A++’ Rating to Berkshire Hathaway Direct Insurance Co.
Dec 11 2015 // A.M. Best has assigned a financial strength rating (FSR) of ‘A++’ (Superior) and an issuer credit rating (ICR) of “aaa” to Berkshire Hathaway Direct Insurance Company (BHDIC), based in Omaha, and...
Berkshire Hathaway Specialty Enters Asia Surety Market; Ho Named Head
Dec 9 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it is entering the Surety market in Asia and has appointed Andrew Ho as Vice President, Head of Surety, Asia, based in Singapore. “Our expansion...
Transatlantic Re Winds Down Asbestos Contracts with AIG, Berkshire Hathaway
Dec 2 2015 // Weston Hicks’s Alleghany Corp. will pay $400 million to wind down reinsurance deals with American International Group Inc. and Warren Buffett’s Berkshire Hathaway Inc. for policies that date back...
GEICO 1st Auto Insurer in N.Y. to Offer Digital ID Cards for Policyholders
Nov 18 2015 // New York Gov. Andrew M. Cuomo announced that GEICO has become the first insurer in New York State to complete the certification process through the Department of Motor Vehicles to allow customers to begin using electronic...
Berkshire Hathaway Lowers Investment in Goldman Sachs
Nov 16 2015 // Warren Buffett’s Berkshire Hathaway Inc. reduced its investment in Goldman Sachs Group Inc. by 13 percent during the third quarter. The billionaire investor’s Omaha, Nebraska-based firm said it owned almost 11...
Berkshire Hathaway GUARD Appoints Henderson as Florida Field Executive
Oct 29 2015 // Berkshire Hathaway GUARD Insurance Companies added Chris Henderson as a senior field representative to promote targeted growth in Florida. The growth in the state includes the addition of the company’s multiline...
Concklin Named Field Rep for Berkshire Hathaway GUARD in Colorado, Utah
Oct 28 2015 // Berkshire Hathaway GUARD Insurance Cos. recently added Mark Concklin as a senior field representative to promote targeted growth in Colorado and Utah. Concklin is responsible for identifying prospects for appointments...
Berkshire Hathaway Expands in Australia/NZ with Marine, Transport, Logistics
Oct 27 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) has begun underwriting Marine, Transport & Logistics Liability Insurance in Australia and New Zealand. It has also appointed Barton Phillips, Head of Transport and...
People – Southeast
Oct 5 2015 // George Rogers has been promoted to senior vice president at GEICO. Rogers’ new responsibilities include oversight for GEICO’s Southeast and Midwest operations in addition to his current duties as vice president...
GEICO Expands Rideshare Coverage to Connecticut
Oct 5 2015 // GEICO announced on Sept. 15 that the company is expanding its ridesharing insurance product offering to drivers in Connecticut. GEICO said its product delivers end-to-end coverage for personal and ridesharing...
