GUARD Insurance Group News

Insurance Units’ Profits Drive Berkshire Hathaway

Insurance operations contributed $5.7 billion to total operating income of $15.1 billion for Berkshire Hathaway in 2013—with an underwriting profit of $2.0 billion (after taxes) representing the 11th year in a row with an underwriting profit for the Nebraska-based conglomerate. …

GUARD Insurance Group in Pennsylvania Names New CFO

Wilkes-Barre, Penn.-based GUARD Insurance Group named Eitan Ajchenbaum as chief financial officer and treasurer, replacing Jeffrey Picker who retired in April after nearly 20 years of service. In his new role, Ajchenbaum will oversee all accounting and finance activities as …

Keshishian Named Regional Sales Director for GUARD in West

GUARD Insurance Group named Steve Keshishian director of regional sales to address recent and planned growth in the West. Keshishian will oversee sales operations in California and Nevada and handle agency and territory management in those states. He will operate …

Penn.-Based GUARD Insurance Group Gets Ratings Boost From A.M. Best

A.M. Best Co. upgraded ratings of Wilkes-Barre, Penn.-based GUARD Insurance Group and its member subsidiaries, citing favorable business operations as well as the implicit and explicit financial support provided by their new parent company, National Indemnity Company (a wholly owned …