Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Jury Rejects Cancer Patient’s Claims in Texas Railroad Tie Lawsuit
Feb 13 2008 // Jurors in Fort Worth, Texas, on Feb. 11 rejected a cancer survivor’s claim that toxic chemicals from a Texas railroad tie plant where her husband worked caused the disease that required the removal of her...
Business Moves
Feb 10 2008 // Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s...
Business Moves
Feb 10 2008 // Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s...
From Insurance to Candy
Feb 10 2008 // For former insurance pro, life really is a box of chocolates Although it’s been many years since See’s Candies President Brad Kinstler was at the helm of an insurance company, and even longer since he was...
Berkshire Hathaway Buys 3% Stake in Swiss Re; Reinsurance Pact Signed
Jan 23 2008 // Swiss Re announced today that Berkshire Hathaway has acquired a three percent stake in the company. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss...
First Cancer Lawsuit Related to Texas Railroad Tie Plant Begins
Jan 10 2008 // Owners of a Texas plant that makes railroad ties were grossly negligent in failing to provide safety equipment for workers handling toxic chemicals, a pollution prevention expert testified in the first of a flurry of...
Web Site, Ads to Help Agents Keep Mass. Auto Market Share
Jan 9 2008 // Massachusetts independent insurance agents, who now write more than 80 percent of the auto insurance market in the state, are getting some marketing help to protect that market share as they enter a new competitive rating...
Berkshire Hathaway Gets Expedited License In N.Y. for Bond Insurer
Dec 28 2007 // Berkshire Hathaway will have its municipal bond insurance company licensed in New York much quicker than normally, the New York State Insurance Dept. said Friday afternoon. Superintendent of Insurance Eric R. Dinallo said...
ING to Sell Reinsurance Unit to Berkshire Hathaway
Dec 28 2007 // The Netherlands ING Group announced that it has reached an agreement with Berkshire Hathaway to sell its reinsurance unit NRG N.V. for approximately €300 million ($440 million). ING said the sale is part of its...
Ratings Recap: Business Alliance, Berkshire Hathaway, Pathfinder, Trinity Universal, Assured Guaranty
Dec 17 2007 // A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B++’ (Good) and issuer credit rating to “bb” from “bbb” of Business Alliance Insurance Company...
Starr International Buys Texas-based P/C Insurer from Berkshire Hathaway
Oct 3 2007 // Starr International Co. Inc. announced its U.S. subsidiary, Starr International USA Inc. (SICO USA), acquired Republic Insurance Co. from Columbia Insurance Co., a member of Warren Buffett’s Berkshire Hathaway...
Mont. Jury Awards Former BNSF Employee $1 Million in Injury Damages
Sep 28 2007 // A Montana District Court jury has awarded a former BNSF Railway employee more than $1 million for a neck injury he suffered while working. Paul Roney, 61, of Shelby, said he sustained a severe neck injury on April 25,...
Calif. approves Geico rate reduction
Sep 3 2007 // The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for...
Calif. approves Geico rate reduction
Sep 3 2007 // The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for...
GEICO Cuts N.J. Auto Rates
Aug 30 2007 // GEICO is reducing auto insurance rates for its policyholders in New Jersey by a statewide average rate decrease of 4.1 percent. GEICO said its decrease represents $30.8 million in savings for its New Jersey policyholders,...
Ratings Roundup: American Federated; Berkshire Hathaway Homestate
May 23 2007 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to “B+” (Good) from “B” (Fair) and assigned issuer credit ratings (ICR) of “bbb-” to American Federated Insurance Company...
Berkshire Hathaway 1Q Net Income Up 12%; Equitas Deal Boosts Insurance
May 8 2007 // Billionaire Warren Buffett’s holding company reported Friday that its net income jumped 12 percent during the first quarter because of strong performances in its insurance and utility divisions. Berkshire Hathaway...
At Buffet’s Diversified Berkshire Hathaway, Insurance Still #1
May 4 2007 // The mix of companies and investments billionaire Warren Buffett’s company holds makes some people think investing in Berkshire Hathaway Inc. is a bit like buying shares of a mutual fund that emphasizes insurance. But...
Business Moves
Apr 23 2007 // The Hartford, Berkshire Hathaway, First State The Hartford Financial Services Group Inc. announced that its First State Management Group has formed a strategic relationship with certain members of the Berkshire Hathaway...
The Hartford, Berkshire Hathaway Join Forces on Surplus Lines
Apr 11 2007 // The Hartford Financial Services Group Inc. announced that its First State Management Group has formed a strategic relationship with certain members of the Berkshire Hathaway group of insurance companies to offer expanded...
