Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
GEICO Taps Shafner as General Counsel, O’Keefe as Info Chief; Larguet to Operations
Sep 4 2020 // Auto insurer GEICO recently named a new officer and promoted two others. Jonathan Shafner was promoted to vice president and general counsel, and John O’Keefe was promoted to vice president and chief information...
Berkshire Hathaway Specialty Adds ERGO’s Keune to Head Executive Lines in Germany
Aug 24 2020 // Berkshire Hathaway Specialty Insurance (BHSI) has appointed Dr. Carsten Keune as head of Executive & Professional Lines in Germany. Carsten has more than 20 years of industry experience. He was most recently head of...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms
Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...
Berkshire Hathaway Specialty Names Property Leadership in Middle East and Asia
Aug 3 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Kapil Palathinkal as head of First Party Lines, Middle East, and Carlos Beltran as head of First Party Lines, Asia, overseeing General Property,...
Berkshire Hathaway GUARD Offers Accountants Professional Liability in Pennsylvania
Jul 27 2020 // Berkshire Hathaway GUARD Insurance Companies recently announced it added Pennsylvania to the list of states where the insurer offers its Accountants Professional Liability product. In 2016, it began writing Professional...
Personal Lines Insurance Poised to Turn Profit in 2020 As Auto Claims Fall: Fitch
Jul 20 2020 // After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from...
Berkshire Hathaway GUARD Adds Missouri, Washington, Wisconsin for Home Coverage
Jul 17 2020 // Berkshire Hathaway GUARD Insurance Companies has added Missouri, Washington and Wisconsin to the list of states where the insurer offers its homeowners insurance product. With the expansion to the three new states, the...
Berkshire Discloses Q1 Insurance Results; Buffett Talks Coronavirus Impact
May 4 2020 // Berkshire Hathaway’s property/casualty insurance and reinsurance businesses reported a first quarter underwriting profit of $747 million before taxes, nearly double the pretax underwriting profit of $377 million...
Virtual ‘Woodstock for Capitalists’ May Show How Buffett’s Handling Coronavirus
May 1 2020 // Berkshire Hathaway Inc.’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus...
NYC Comptroller Urges Major Insurance Companies to Cut Ties with Coal Industry
Apr 30 2020 // New York City Comptroller Scott M. Stringer has called on three multi-national insurance companies to end business ties with the coal industry, a move he says will protect clients from the effects of climate change and...
GEICO, Farmers, Liberty Mutual Join Insurers Giving Breaks to Drivers, Businesses
Apr 7 2020 // More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15...
Safe Drive Systems Radar Collision Avoidance Technology is Implemented in a Pilot Conducted with Berkshire Hathaway GUARD Insurance Companies
Mar 20 2020 // New York, NY, March 20, 2020 − Safe Drive Systems (SDS), a leading developer and distributor of aftermarket advanced auto safety technologies, and its partner, Berkshire Hathaway GUARD Insurance Companies, have announced...
Buffett Says Combs Likely to Head GEICO Only Temporarily
Feb 24 2020 // Warren Buffett doesn’t expect Todd Combs, one of his two key investing deputies, to be at auto insurer Geico long. Buffett’s Berkshire Hathaway Inc. tapped Combs in December to become chief executive officer of...
Berkshire Hathaway P/C Insurance Profit Down in 2019
Feb 24 2020 // Full-year insurance results at Berkshire Hathaway disappointed in 2019, with after-tax earnings from underwriting falling to $325 million in 2019 compared to $1.6 billion in 2018. Earnings from primary insurance operations...
But Wait. Here’s ‘The Rest of The Story’ on Buffett’s Lubrizol
Feb 24 2020 // In his firm’s annual report released this weekend, Berkshire Hathaway CEO Warren Buffett included a side note on one of the companies his conglomerate bought in 2011 for $9 billion, a company called...
Berkshire Hathaway GUARD Expands Commercial Package Coverage Into Michigan
Feb 6 2020 // Berkshire Hathaway GUARD Insurance Companies has added Michigan to the list of states where the insurer offers its Commercial Package Policy. The product includes commercial property featuring limits up to $120 million per...
Court: Insurer GEICO Must Pay Injured Kansas Man for Care Provided by Wife
Jan 24 2020 // An insurance company must reimburse a Kansas man for the personal care his wife provided after he was injured in an automobile accident, the state Supreme Court ruled in rejecting that spouses are required to provide such...
Washington Mom, Son Charged in Attempted Auto Insurance Fraud
Jan 14 2020 // Three people were charged in King County Superior Court in connection to two separate auto insurance fraud cases after investigations by Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations...
Top Workers’ Comp Story of 2019: Berkshire Hathaway’s Sale of Applied Underwriters
Jan 2 2020 // The news that Berkshire Hathaway was in talks to sell its workers’ compensation unit, Applied Underwriters, caught readers’ attention in February and was easily Insurance Journal’s biggest workers’...
Insurance Journal’s Top 10 National Stories of 2019
Jan 2 2020 // The top Insurance Journal story of the year was about a merger that never happened. On March 5, 2019 a marriage between two of the largest insurance brokers seemed to be in the works. Aon was considering a combination with...
