Berkshire News

Court Orders California Insurance Company Conserved in Another Round in Applied Battle

Note: This story has been updated with a response from an Applied spokesman describing the actions by the California Department of Insurance as “an unusual Draconian attempt.” A San Mateo County Superior Court on Monday evening issued an order appointing …

Berkshire Hathaway to Buy Stake in IAG to Boost Australia Insurance Sales

Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give Berkshire 20 percent of IAG’s insurance premium …