Berkshire Hathaway Specialty Insurance (BHSI) News

Berkshire Insurance Units Slump in Q2

Warren Buffett’s Berkshire Hathaway Inc. posted second-quarter profit that missed analysts’ estimates because of higher claims costs at insurance units including Geico. Net income dropped 37 percent to $4.01 billion, or $2,442 a share, from $6.4 billion, or $3,889, a …

Berkshire Hathaway Specialty Enters Marine Insurance Market in Australia & N.Z.

Berkshire Hathaway Specialty Enters Marine Insurance Market in Australia & N.Z Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it has begun underwriting Marine Insurance in Australia and New Zealand, and appointed Dimitry Zilberud, Head of Marine, and Mark Dixon, …

BHSI Launches E&O Coverage for Insurance Executives, Employees

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Insurance Company Professional Liability Insurance, which provides customizable coverage for U.S. insurance companies, their executives and employees. The policy provides coverage for claims arising from alleged errors or omissions in the …

BHSI, Irwin Siegel Agency to Offer Human, Social Service Program

Berkshire Hathaway Specialty Insurance Company (BHSI) and Irwin Siegel Agency, Inc. have entered into an underwriting agreement to provide insurance products for the human and social service industry. The multi-line insurance solutions are designed for a wide range of organizations, …

BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension and benefit plans and their directors, officers and employees. “Our Executive First™ Fiduciary …

Berkshire Hathaway Specialty Names Emerson to Head Liability Claims in Canada

Berkshire Hathaway Specialty Insurance (BHSI) has named Paul Emerson as head of liability claims in Canada. Emerson comes to BHSI from the law firm of Clyde & Co Canada LLP. “As an attorney with extensive experience handling casualty, executive and …

Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI executives with more than three decades in the fidelity and …

Berkshire Hathaway Specialty Expands Into Australia; Colahan Leads Region

Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has received its insurance license to provide all lines of general business in Australia, established operations in Sydney, and named Chris Colahan as president of its Australasia region. “BHSI is committed to …

Berkshire Hathaway Specialty Expands D&O Policies to Canada

Berkshire Hathaway Specialty Insurance has introduced the Canadian editions of the Executive First Directors & Officers Liability insurance policy and the Executive First Side A DIC Directors & Officers liability policy, designed to provide customizable coverage for the complex risks …

Top 30 U.S. Excess & Surplus Lines Writers in 2014: SNL

American International Group (AIG) and Nationwide Mutual are the top writers of U.S. excess and surplus (E&S) business but Berkshire Hathaway Inc. has climbed to become the eighth largest writer in just two years. A new SNL report shows Berkshire …