Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
BNSF Railway Joins Legal Fight Against Unions Over Vaccine Mandate
Nov 10 2021 // Another major railroad has gone to court to determine whether it has the authority to require all its employees to get vaccinated against the coronavirus. BNSF Railway filed a lawsuit in Illinois federal court against its...
Berkshire Hathaway Insurance Losses Continued in Q3 on Catastrophes, Pandemic
Nov 8 2021 // Overall net income fell at giant Berkshire Hathaway in the third quarter from $30.1 billion a year ago to $10.3 billion this third quarter, reflecting losses on insurance underwriting as well as the continuing effects of...
Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution
Nov 2 2021 // China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching in awe from the sidelines. Now India is undergoing...
Missouri Woman Sues GEICO After Contracting STD During Car Sex
Nov 1 2021 // A Missouri woman is suing GEICO after contracting a sexually transmitted disease in a car insured by the company. The woman, identified in District Court documents as M.O., had a sexual relationship with the insured, M.B.,...
Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer
Oct 22 2021 // MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. The move brings Italy’s top...
Missouri Woman Sues GEICO After Contracting STD During Sex in Car Insured by Company
Oct 11 2021 // A Missouri woman is suing GEICO after contracting a sexually transmitted disease in a car insured by the company. The woman, identified in District Court documents as M.O., had a sexual relationship with the insured, M.B.,...
BNSF Railway Sued for Sexual Harassment at Nebraska Railyard
Sep 27 2021 // A federal lawsuit alleges women working at a Nebraska railyard were subjected to sexual harassment and managers failed to do anything about it, in violation of federal law. BNSF Railway Company (BNSF), a major North...
GEICO Put a Dent in Berkshire Hathaway Results for Q2
Aug 9 2021 // Berkshire Hathaway’s insurance division produced a mixed performance during the 2021 second quarter. Rate increases generally carried the day, though the conglomerate’s GEICO unit dragged down...
French Court Refuses to Dismiss Fire Charges Against Buffett-Owned Lubrizol
Jun 30 2021 // A French appeal court on Wednesday rejected a request by chemicals group Lubrizol to have judicial charges over a fire at a plant in Rouen quashed because of alleged irregularities in the investigation, a lawyer for the...
Berkshire Hathaway Looks to Be Buying Back More of Its Own Stock
Jun 25 2021 // Warren Buffett’s Berkshire Hathaway Inc. appears to have extended its drive to repurchase its own stock, even with its share price near a record high, according to regulatory filings and an analyst. Edward Jones...
Berkshire Hathaway Specialty to Offer Social Engineering Prevention Program
Jun 3 2021 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it is providing qualifying private and nonprofit fidelity and crime insurance customers with complimentary access to the BHSI Social Engineering Prevention...
Buffett’s Berkshire Hathaway Takes Big Stake in Aon
May 17 2021 // Berkshire Hathaway Inc. said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp. and Wells Fargo & Co. The changes were disclosed in a...
GEICO Looks to Add 500 Employees in Georgia
May 5 2021 // Middle Georgia’s largest private employer says it’s trying to hire another 500 workers. GEICO, the Maryland-based insurance company owned by financial conglomerate Berkshire Hathaway, says it’s trying to...
GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court
Apr 27 2021 // GEICO Indemnity Co.’s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling last week by the Georgia Supreme Court. The high court’s 7-0 decision answered three...
Texas Energy Companies Against Berkshire Hathaway’s $8B Backup Power Plan
Apr 16 2021 // An $8.3 billion idea by Warren Buffett’s Berkshire Hathaway Energy to build 10 new natural gas power plants across the state for emergency use turned into formal legislation on April 15, when the proposal was...
Fire Damage to BNSF Nebraska Terminal Estimated at $3M
Apr 14 2021 // A fire over the weekend at a BNSF Railway terminal in western Nebraska is estimated to have caused $3 million in damage to the facility. The fire broke out early in the afternoon on April 11 at the BNSF terminal building...
Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals
Mar 16 2021 // Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The...
Texas-Based BNSF Ordered to Pay $290K in Whistleblower Case
Mar 15 2021 // Federal labor officials have ordered Fort Worth, Texas-based BNSF Railway Co. to pay more than $290,000 in back pay, damages and fees, and reinstate an employee after an investigation found the worker’s rights were...
21-Year AIG Veteran Tatulli Joins Berkshire Hathaway Specialty Executive Lines
Mar 10 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has named Anthony Tatulli as head of Executive & Professional Lines for North America. He will have overall underwriting responsibility for Directors and Officers...
GEICO Drives Up Berkshire 2020 Underwriting Profit
Mar 1 2021 // With GEICO’s 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway’s full-year property/casualty underwriting income was in the black, even though the...
