Berkshire Hathaway Inc. News

Best Affirms GEICO and GEICO Corp. Members Ratings; Outlooks Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), based in Chevy Chase, Maryland, as well as the ICR of “aaa” …

Best Affirms Ratings of National Indemnity, Other Berkshire Hathaway Units

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of National Indemnity Company and its affiliates, and the FSR of ‘A’- (Excellent) and ICR of “a-” of Finial Reinsurance Co., …

Penn. Regulators Approve Pending Sale of Clal’s U.S. Unit to Berkshire

The Pennsylvania Insurance Department this week approved the pending deal by Israel’s Clal Insurance Enterprises Holdings to sell its U.S. unit to Berkshire Hathaway Inc.’s National Indemnity Co. The deal to sell off Clal’s U.S. unit — Clal U.S. Holdings …