Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Hathaway Subsidiary Acquires Two Calif. WC Companies
Jul 19 2006 // Columbia Insurance Company, a member of the Berkshire Hathaway Group of Insurance Companies, has agreed to acquire American All-Risk Insurance Services (AARIS) and American Commercial Claim Administrators (ACCA), both...
N.Y, N.J. Agents Cite Progress in Campaign Against GEICO Flyers
Jul 12 2006 // Since the inception of a controversial move by the Department of Motor Vehicles, the Professional Insurance Agents of New York State Inc. has taken the position that it is improper for the DMV to include ads from...
Berkshire Hathaway Acquires Iscar Metalworking Companies
Jul 7 2006 // Berkshire Hathaway said Wednesday that it had completed the acquisition of 80 percent of Iscar Metalworking Companies. Berkshire announced in May that it would pay $4 billion for the stake in the privately held Israeli...
Effort to Block Wal-Mart, Berkshire Hathaway Banks Gaining Support
Jul 6 2006 // With Wal-Mart and Home Depot among a record number of companies awaiting federal approval to open banks, legislation to block this special kind of bank is gaining momentum, a senior House lawmaker said. Thirteen companies,...
Berkshire Hathaway, Wal-Mart Among 14 Firms Lining Up to Start Banks
Jul 5 2006 // Thirteen companies, a record number, have joined controversy-stirring Wal-Mart Stores Inc. in the pipeline for approval from federal regulators to establish a special kind of bank, agency records show. The companies, which...
Berkshire Hathaway Completes Acquisition of Applied Underwriters
May 23 2006 // Berkshire Hathaway said it has completed its acquisition of Applied Underwriters, an integrated workers’ compensation service firm — and all of its subsidiaries including its North American Casualty insurance...
Berkshire Hathaway reports 70% jump in 1Q Earnings; Shareholders Meet in Omaha
May 7 2006 // Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses. Berkshire’s...
Berkshire Hathaway to Post Q1 Results
May 5 2006 // Berkshire Hathaway announced that it will post its first quarter interim results to shareholders today, Friday, May 5, 2006 at approximately 5:30 p.m. Central time. To access the report go to: www.berkshirehathaway.com....
News Currents
Apr 17 2006 // GEICO settles lawsuit over discount policy Californians who purchased auto policies from GEICO and were denied a discount for not having proof of prior insurance will receive refunds as part of a settlement between the...
GEICO, Consumer Group Settle Lawsuit Over Discount Policy
Apr 6 2006 // Californians who purchased auto policies from GEICO and were denied a discount for not having proof of prior insurance will receive refunds as part of a settlement between the company and a consumer advocate...
Md. Commissioner Orr Defends GEICO Against Unfair Underwriting Charges
Mar 29 2006 // In a letter to the Consumer Federation of America (CFA) and to the New Jersey Citizens United Reciprocal Exchange (CURE), Maryland Insurance Commissioner R. Steven Orr dismissed allegations by those organizations that...
GEICO Seeking New Associates in Dallas Area
Mar 6 2006 // GEICO (Government Employees Insurance Company) announced plans to add more than 100 new associates to serve its growing number of policyholders in Texas. Currently employing more than 1,000 associates, GEICO’s Dallas...
Greenberg’s Starr Agency to Offer ACE and Berkshire Hathaway Products
Feb 28 2006 // Expanding its servicing capabilities for new and existing clients, Starr Technical Risks Agency, Inc. announced that it will begin immediately to offer commercial insurance coverages by ACE USA and Berkshire Hathaway...
GEICO To Hire 100 in Tucson, Ariz.
Feb 16 2006 // GEICO has announced it will be hiring 100 people for positions in sales, service and claims in its Tucson, Ariz., operations center. The company plans to recruit entry-level associates, college graduates and experienced...
Berkshire Hathaway Purchasing Applied Underwriters
Feb 8 2006 // Berkshire Hathaway Inc. has agreed to acquire Applied Underwriters and all of its subsidiaries, including its North American Casualty insurance companies. Applied Underwriters is a privately held company that is an...
GEICO REDUCING COLO. AUTO RATES
Jan 23 2006 // GEICO began reducing auto insurance rates for new policyholders in Colorado on Jan. 5. The company also said it would be reducing rates for existing policyholders beginning Feb. 20. According to the company,...
Geico Lowering Colo. Auto Rates
Jan 3 2006 // GEICO is reducing auto insurance rates for its policyholders in Colorado. The statewide average rate decrease is 7.1 percent for GEICO and GEICO General policyholders. Overall premium changes for individual motorists will...
GEICO AND GOOGLE SETTLE:
Sep 19 2005 // Google Inc. has settled the last part of a lawsuit that alleging that its online search engine advertising system illegally exploited insurer Geico Inc.’s brand. Geico stated simply that the case filed in the U.S....
Berkshire Hathaway’s Buffett Tops Most Underpaid Industry CEO List
Sep 13 2005 // Berkshire Hathaway Inc.’s Warren Buffett, whose $100,000 base salary long ago became uncompetitive with his peers, ranked as the most undercompensated executive in the industry, according to a new study of 2004...
Berkshire Hathaway and GE Complete Medical Protective Transaction
Jul 5 2005 // Omaha, Neb.-based Berkshire Hathaway and Kansas City, Mo.-based General Electric announced that GE Insurance Solutions’ sale of Medical Protective Corporation to Columbia Insurance, a unit of Berkshire Hathaway,...
