Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Warren Buffett Explains $679M Loss, Gives Shareholders Update
Nov 15 2001 // In a letter to shareholders posted on Nov. 9, Warren Buffett did his best to explain to shareholders the recent unprecedented loss at Berkshire Hathaway Inc., calling the results of the third quarter “anything but...
NAII Board of Governors Elect GEICO’s Nicely Chairman
Nov 8 2001 // Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans. Nicely...
Berkshire Hathaway’s Buffett Predicts Prolonged Recession
Oct 8 2001 // In a letter to shareholders posted on his website Sept. 26, billionaire Warren Buffet warned of a recession, “probably a relatively deep and extended one, but they are part of business life and we are...
SAFECO Brings on Ex-GEICO Executive as New President and CEO
Jul 18 2001 // Seattle-based SAFECO appointed Michael LaRocco, a former vice president with GEICO, as president and chief operating officer of its $2.6-billion SAFECO Personal Insurance business. LaRocco, 44, has more than 20 years...
FINOVA Enters Agreement with Berkshire Hathaway , Leucadia National for $6 Billion Loan Commitment
Feb 28 2001 // The FINOVA Group, Berkshire Hathaway and Leucadia National Corp. have entered into an agreement for a $6 billion loan to FINOVA Capital, the principal operating subsidiary of The FINOVA Group in connection with a...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
BERKSHIRE SEEING DOUBLE
Nov 27 2000 // Warren Buffett’s Berkshire Hathaway reported third-quarter profits this year nearly doubled from 1999. Modest insurance holdings gains helped Berkshire see a 90-percent increase in net earnings for the quarter ended...
Berkshire Hathaway Earnings Up
Nov 13 2000 // Warren Buffett’s Berkshire Hathaway has reported third-quarter profits this year nearly doubled those from 1999. Modest insurance holdings gains helped Berkshire see a 90-percent increase in net earnings for the...
GEICO ADMITS OHIO VIOLATIONS
Sep 4 2000 // Maryland-based GEICO Corp. has admitted to violating Ohio’s consumer protection laws by allowing unlicensed agents to quote rates and discuss coverage information with consumers. The auto insurer agreed to pay the...
GEICO Admits Ohio Violations
Aug 18 2000 // Maryland-based GEICO Corp. said on Thursday it violated Ohio’s consumer protection laws by allowing unlicensed agents to quote rates and discuss coverage information with consumers. The auto insurer agreed to pay the...
Berkshire Hathaway’s Profits Fall 18 Percent
Aug 14 2000 // Warren Buffett’s magic touch has gone on vacation for a spell. Berkshire Hathaway’s second quarter operating profit fell 18 percent. Much of the loss is attributed to deteriorating underwriting in its insurance...
Berkshire Hathaway “AAA” Affirmed
Aug 7 2000 // The “AAA” counterparty credit and financial strength ratings on Berkshire Hathaway Insurance Group, whose members are the insurance operating subsidiaries of Berkshire Hathaway Inc. (Berkshire Hathaway), were...
GEICO Dropping ‘Dr. Laura’
Jul 10 2000 // In a statement distributed late last week, GEICO Insurance has announced it will no longer permit its advertising to appear during Laura Schlessinger’s radio program. For three weeks, the StopDrLaura.com site urged...
INSURERS AGREE TO REFUNDS
Jun 26 2000 // GEICO and Liberty Mutual Insurance companies have agreed with Texas Attorney General John Cornyn to return nearly $600,000 deducted from Texas policyholder claims when damaged auto parts were replaced by newer parts. Under...
New GEICO Ads Go Round and Round
May 25 2000 // GEICO Insurance Co. has teamed with Manhattan-based CarroSELL, unveiling a new advertising campaign on airport baggage carrousels in New York, Dallas/Fort Worth and Honolulu. CarroSELL pioneered the medium last year and...
Countrywide Signs Agreement With Berkshire Hathaway
Feb 4 2000 // Countrywide Credit Industries, Inc., a residential finance corporation, announced it has an agreement with National Indemnity Company, an insurance subsidiary of Berkshire Hathaway Inc. The agreement will provide...
