Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico, in his annual letter to shareholders and acknowledges that concern over hurricanes has prompted his insurance subsidiaries to raise prices …
Berkshire’s Buffett still high on insurance despite catastrophe risk Gen Re misfortunes overcome by Geico’s stellar performance, Buffett says Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico, in …
Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico, in his annual letter to shareholders and acknowledges that concern over hurricanes has prompted his insurance subsidiaries to raise prices …
As a federal probe into the insurance industry widens, four former top executives of giants General Re and American International Group are pleading not guilty to fraud and conspiracy charges. The Justice Department has accused the four of orchestrating an …
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 industry provider in integrated workers’ compensation solutions (www.applieduw.com). Terms …
The Securities and Exchange Commission on Thursday filed an enforcement action against five former senior executives of General Re Corporation (Gen Re) and American International Group Inc. (AIG) for helping AIG mislead investors through the use of fraudulent reinsurance transactions. …
In retrospect, the name GE Insurance Solutions (principal operating company Employers Re or ERC)–seems prophetic. Almost from the day that Jeffrey Immelt took over the reins at GE from its long-time CEO Jack Welch he began looking for a solution …
In retrospect, the name GE Insurance Solutions (principal operating company Employers Re or ERC)-seems prophetic. Almost from the day that Jeffrey Immelt took over the reins at GE from its long-time CEO Jack Welch he began looking for a solution …
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 executive pay released by SNL Financial’s insurance research …
Google Inc. has settled the last part of a lawsuit alleging the online search engine leader’s advertising network illegally exploited insurer Geico Inc.’s brand, avoiding a trial on an issue that threatened to bog down one of the Internet’s biggest …
