Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
2 Recent Florida Supreme Court Rulings Could Impact Insurance Industry
Oct 2 2018 // Two recent decisions from the Florida Supreme Court that reversed rulings by the same District Court of Appeal will have a serious impact on the insurance industry. The consequential rulings came on Sept. 20, 2018 in the...
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Oct 1 2018 // JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Alain Bizet as senior vice president in Miami. Alain will join the property treaty team in Miami and focus on...
Berkshire Hathaway Specialty Opens Munich Office; Names Key Underwriters
Sep 18 2018 // Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Munich, Germany, the latest advance in BHSI’s expansion of its global footprint. The insurer has named two key underwriters for the office. The...
NTSB: Errors Led to Death of 2 BNSF Railroad Workers in South Dakota
Sep 10 2018 // A series of human errors led to a BNSF Railway train striking and killing two railroad workers in South Dakota last year, federal investigators said. The National Transportation Safety Board released its report on Sept. 6...
BNSF Acknowledges Iowa Derailment Was Flood Related
Aug 13 2018 // BNSF Railway has acknowledged that flooding played a role in a derailment that loosed thousands of gallons of oil into northwest Iowa floodwaters. Railroad spokesman Andy Williams wouldn’t say whether the train...
BNSF Settles Suit from Montana Derailment Agreeing to Pay $750K on Repairs
Aug 6 2018 // BNSF Railway has agreed to pay the U.S. government $200,000 and spend up to $750,000 on road repairs to settle claims that the company failed to pay for damages caused by a 2011 train derailment in northwestern Montana,...
Berkshire’s Q2 Insurance Profit Rises to $943M Compared to Loss of $22M in Q2 2017
Aug 6 2018 // This year’s looking brighter for Berkshire Hathaway Inc.’s insurance businesses after 2017’s hurricanes led to the first annual underwriting loss in more than a decade. Auto insurer Geico and the...
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Aug 6 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president. Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions...
Berkshire Hathaway GUARD Now Writing Accountants Professional Liability in Texas
Jul 26 2018 // Berkshire Hathaway GUARD Insurance Companies is now offering professional liability insurance for accountants in Texas. The new accountants’ professional liability product is designed to meet the needs of smaller...
GEICO Board of Directors Promotes Connor to VP of New York, New Jersey Offices
Jul 23 2018 // The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J. Connor had served as assistant vice president of...
GEICO Promotes Hoagland to Senior Vice President
Jul 9 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president. Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions...
GEICO Taps Corbin to Manage Regional Offices from Florida
Jul 9 2018 // The GEICO Board of Directors has promoted Pionne Corbin to senior vice president. Corbin will manage the regional office in Lakeland, Fla., where she will be based, and oversee the company’s Southeast and Midwest...
BNSF Looks to Resume Service in Iowa After Derailment
Jun 26 2018 // BNSF Railway Co. on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon,...
BNSF: Train Derailed in Iowa; Estimated 230,000 Gallons of Oil Spilled
Jun 25 2018 // An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday. BNSF spokesman Andy Williams said 14...
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Jun 18 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO. In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky...
QBE’s Lingafelter to Head Berkshire Hathaway Specialty in Australasia as Colahan Moves to UK, Europe
Jun 4 2018 // Berkshire Hathaway Specialty Insurance (BHSI) has appointed Mark Lingafelter as president, BHSI, Australasia. He assumes responsibility for the BHSI Australasia region from Chris Colahan, who is moving into the role of...
Berkshire Hathaway Reports Q1 ‘Accounting’ Loss But Insurance Profit
May 6 2018 // Warren Buffett lost money but had a pretty good quarter. Berkshire Hathaway Inc. on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would produce...
Jury Awards Missouri Man $5M in Lawsuit Against BNSF
May 3 2018 // A southwest Missouri man who was injured twice at the BNSF Railway Co. rail yard in Springfield has been awarded more than $5 million in damages. A Greene County jury found for former conductor James Mitchell last week...
Washington Commissioner Fines GEICO $30K for Raising Premiums on People Who Froze Credit Scores
Apr 4 2018 // Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $49,200 against insurance companies, agents and brokers who violated state insurance regulations. The biggest fine was $30,000 against GEICO...
GEICO to Comply with New York Reg Banning Discriminatory Auto Insurance Rates
Mar 14 2018 // A third major automobile insurance company in the New York market has reached agreement with the New York Department of Financial Services (DFS) in compliance with the department’s final regulation prohibiting...
