Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Florida Court: GEICO on Hook for $100,000 in Additional Attorney Fees
Feb 26 2015 // A Florida court has ruled that one of the state’s largest automobile insurers must pay over $100,000 in attorney fees under the “additional payments” provision of its liability coverage. The Florida Fifth...
Berkshire Hathaway Specialty Insurance Fills 2 Key Positions in Singapore
Feb 23 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced two appointments to its leadership and underwriting team in Asia, naming Malin Fredriksson as Asia regional head of first party lines, and Kiran Prakash as Asia...
Berkshire Hathaway GUARD Hires Bedaw as Senior Field Rep in N.H.
Feb 18 2015 // Berkshire Hathaway GUARD Insurance Companies recently hired Connie Bedaw as senior field representative to address targeted growth in New England. She will be affiliated with Berkshire Hathaway GUARD’s office in...
Gilbert Suarez to Lead GEICO Office in Miami Metro Area
Feb 13 2015 // GEICO has opened a new local office in North Miami that will be headed by Gilbert Suarez and a team of five licensed agents at the location. Suarez and his staff, made up of agents Diana Suarez, Armando Amador, Milena...
Berkshire Hathaway Names Sorsak to Lead Canada Property, Energy Claims
Feb 12 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Amanda Sorsak to lead its Property & Energy Claims operation in Canada. She was previously Executive General Adjuster at Allianz Global...
Geico Wants to Expand Ridesharing Policy Offer: CEO Nicely
Feb 5 2015 // Giant auto insurer Geico plans to roll out its new ridesharing insurance policy across the country, according to the company’s CEO. “We want to insure Uber drivers,” Geico CEO Tony Nicely told Liz...
GEICO Launches Ridesharing Coverage in Virginia
Feb 4 2015 // GEICO has rolled out a new product to meet the insurance coverage needs of ridesharing drivers in Virginia. The product, available now to new and existing customers, covers drivers that Uber (UberX and UberXL), Lyft,...
Berkshire Hathaway Names Gupta Head of Cat Engineering in California
Feb 4 2015 // Berkshire Hathaway Specialty Insurance has named Akshay Gupta senior vice president and head of catastrophe engineering and analytics. Gupta is based in the San Francisco Bay area. Gupta has more than 20 years of...
Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL
Jan 12 2015 // Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The...
Buffett’s BNSF Railway Considering Safer Oil Tank Cars
Jan 11 2015 // BNSF Railway Co., the railroad owned by Warren Buffett’s Berkshire Hathaway Inc., is reconsidering a plan to buy 5,000 oil-tank cars built to new safety standards after some customers voiced concern about the...
Berkshire Hathaway Specialty Insurance Enters Environmental Segment
Jan 7 2015 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its environmental group. According to Meredith...
Buffett’s Favoring Takeovers Over Stocks Paying Off
Jan 5 2015 // Warren Buffett said last year that Berkshire Hathaway Inc.’s future will be about buying big businesses and expanding them over time. As he celebrates his golden anniversary running the company, investors are...
Berkshire Hathaway Specialty Names Execs for New Hong Kong Facility
Jan 5 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received an insurance license to carry on all classes of General Business in and from Hong Kong and has consequently filled several key positions in its...
Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL
Dec 19 2014 // Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The...
Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders
Dec 8 2014 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter...
Berkshire Hathaway Specialty Unveils New D&O Policy
Nov 19 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has unveiled its Executive First Side A Difference-in-Conditions (DIC) Directors & Officers Liability Policy, which provides protection for individual directors and...
Berkshire Hathaway Specialty Adds Contractor’s, Business Crisis Cover
Nov 13 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has created a Contractor’s Broad Form Coverage, which is now available to contractors with BHSI’s primary general liability practice policies. In addition, BHSI is...
Berkshire Nearly Quadruples Insurance Profits; Boosts Premiums 50%
Nov 11 2014 // While investment losses pulled net income for Warren Buffett’s Berkshire-Hathaway down 8.6 percent to $3.6 billion in third-quarter 2014, a 40 percent jump in operating income for the group’s insurance and...
North Dakota Town, BNSF Railway Reach Deal on Train Speeds
Nov 6 2014 // Train speeds were to begin increasing through Devils Lake, N.D., on Nov. 5 under a deal between the city and BNSF Railway that also calls for safety upgrades. The railroad last summer informed the city that it planned to...
Spending on Agents Always Beats Spending on Ads
Nov 3 2014 // A recent research report published by Cliff Gallant and Matthew Rohrmann of Nomura Equity Research concludes that spending on advertising beats spending on insurance agents. Once again Wall Street gets it wrong! Their...
