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Berkshire's Buffett Still High on Insurance Despite Cat Risk

National News • March 6, 2006
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 ...

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Subject: RE: RE: Geico in NJ

Posted On: March 15, 2006, 1:53 pm CST
Posted By: Rob
Comment:
In any of Buffet's annual reports, you will notice he is most excited about the investment on "float". It seems BH ventures into insurance revolved around how much float is available. NJ will give BH a good amount of float to work with. As far as claims go, time will tell. Right before Geico entered the market, other carriers started turning a profit due largely in part to reforms passed.
Subject Posted By Posted On
RE: RE: Geico in NJ Rob
Mar 15, 2006, 1:53 pm
RE: Geico in NJ Notes
Mar 13, 2006, 2:57 pm
Geico in NJ Amanda
Mar 7, 2006, 4:00 pm
RE: Geico in NJ Mike
Mar 7, 2006, 8:36 am
Geico in NJ Tom in NJ
Mar 6, 2006, 2:51 pm
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