Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Hathaway Specialty Insurance Now Open for Business
Jun 14 2013 // Berkshire Hathaway’s Berkshire Hathaway Specialty Insurance, its recently formed commercial property casualty insurance group, has commenced operations, underwriting property, casualty, professional and executive...
Berkshire Hathaway’s Eastwood Hiring Specialty Team to Vie with Ex-Employer AIG
Jun 13 2013 // Peter Eastwood, who left American International Group Inc. with three other executives in April to start a new insurer at Warren Buffett’s Berkshire Hathaway Inc., said he’s finding it easy to attract...
Berkshire Hathaway to Release More Data on Insurance Cat Losses
Jun 13 2013 // Warren Buffett’s Berkshire Hathaway Inc. is providing more data about claims costs at insurance units after the U.S. Securities and Exchange Commission pressed the company for the information. We “agree to...
Sierra Club Sues BNSF Over Coal Dust From Trains in Washington
Jun 10 2013 // The Sierra Club is suing Burlington Northern Santa Fe in federal court in Seattle over coal dust that blows off trains into Washington rivers and Puget Sound. The suit says the railway sends an average of four trains or...
‘Business As Usual’ Following Departures of AIG Execs
Apr 29 2013 // American International Group (AIG) has no intention of changing its excess and surplus lines business following the departure of four of its key commercial lines executives for Berkshire Hathaway. “It’s...
GEICO to 100 Hire New Employees in Iowa
Apr 3 2013 // GEICO’s Coralville, Iowa, office plans to hire more than 100 new associates by July of this year, the direct-to-consumer insurance company announced. The new associates will fill positions in sales and customer...
Swiss Re Settles Dispute with Berkshire Hathaway over Life Retrocession
Mar 28 2013 // Swiss Re announced that it has reached a settlement of a dispute with Berkshire Hathaway over a life retrocession agreement, concluded in 2010. The reinsurer said it “has agreed to take back some of the risks covered...
GEICO Appoints AVP to Lead PIP Staff Counsel Operation in New York
Mar 14 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, said Richard Solowan has been named assistant vice president of the GEICO companies. In his new role, Solowan will be responsible for the...
GEICO in Maryland Names New Senior Vice President
Mar 12 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, announced that Seth Ingall has been named senior vice president, with responsibility for claims home office, staff counsel, communications...
Former White Mountains’ Chair, GEICO Rescuer Byrne Passes Away
Mar 11 2013 // On March 9, Bloomberg reported the passing of John “Jack” Byrne, the former chair of White Mountains Insurance Group, who is best known for turning around GEICO from near bankruptcy in the mid-1970s and taking...
Former BNSF Employee Awarded $1.7M in Montana lawsuit
Feb 17 2013 // A jury has awarded a former BNSF Railway Co. employee $1.7 million in damages in a civil lawsuit. The Great Falls Tribune reported jurors found BNSF negligently injured Robert Dannels’ spine by assigning him work...
GEICO Plans to Hire 800 in Buffalo, N.Y., Region in 2013
Jan 28 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, has announced plans to hire 800 people for its Buffalo-area office in 2013. The insurer currently employs about 2,400 people at its service...
Mass. Agents Group Says GEICO Failed to Report Some At-Fault Accident Data
Jan 25 2013 // The Massachusetts Association of Insurance Agents (MAIA) this week has asked the state’s Merit Rating Board and the Division of Insurance to investigate GEICO for allegedly failing to report at-fault accident data to...
People – East
Jan 14 2013 // The newly elected officers of the National Association of Insurance Commissioners (NAIC) for 2013 assumed their duties on Jan. 1. They are: Louisiana Insurance Commissioner Jim Donelon as NAIC president; North Dakota...
GEICO To Hire 300 New Associates In Arizona
Jan 9 2013 // The private passenger auto insurer GEICO is kicking off 2013 with plans to hire 300 new associates at the company’s regional office in Tucson, Ariz. The hires will include associates to fill new positions, and to...
GEICO Recruiting College Grads for Leadership Program in Virginia Office
Jan 4 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, said its Fredericksburg, Va., regional office is recruiting college graduates for its “Supervisor Leadership Program.” The...
GEICO Names Assistant VP of Regional Claims in Virginia
Dec 27 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, recently named Jeremy Connor as assistant vice president of regional claims operations at GEICO’s regional office in Fredericksburg,...
Berkshire Hathaway Buys Back $1.2B of Stock
Dec 12 2012 // Berkshire Hathaway Inc. said on Wednesday that it had repurchased $1.2 billion of its own stock and raised the price at which it is willing to buy back shares. The conglomerate run by Warren Buffett, which operates a...
GEICO to Offer Commercial Auto Coverage Direct to Customers in Georgia
Nov 27 2012 // Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly through the company, business owners can see significantly lower premium rates....
GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y.
Sep 10 2012 // Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium rates for many risks. Commercial insurance packages cover the cars, trucks and vans used by small...
