Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
GEICO Board of Directors Promotes Connor to VP of New York, New Jersey Offices
Jul 23 2018 // The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J. Connor had served as assistant vice president of...
GEICO Promotes Hoagland to Senior Vice President
Jul 9 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president. Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions...
GEICO Taps Corbin to Manage Regional Offices from Florida
Jul 9 2018 // The GEICO Board of Directors has promoted Pionne Corbin to senior vice president. Corbin will manage the regional office in Lakeland, Fla., where she will be based, and oversee the company’s Southeast and Midwest...
BNSF Looks to Resume Service in Iowa After Derailment
Jun 26 2018 // BNSF Railway Co. on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon,...
BNSF: Train Derailed in Iowa; Estimated 230,000 Gallons of Oil Spilled
Jun 25 2018 // An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday. BNSF spokesman Andy Williams said 14...
People
Jun 18 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO. In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky...
QBE’s Lingafelter to Head Berkshire Hathaway Specialty in Australasia as Colahan Moves to UK, Europe
Jun 4 2018 // Berkshire Hathaway Specialty Insurance (BHSI) has appointed Mark Lingafelter as president, BHSI, Australasia. He assumes responsibility for the BHSI Australasia region from Chris Colahan, who is moving into the role of...
Berkshire Hathaway Reports Q1 ‘Accounting’ Loss But Insurance Profit
May 6 2018 // Warren Buffett lost money but had a pretty good quarter. Berkshire Hathaway Inc. on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would produce...
Jury Awards Missouri Man $5M in Lawsuit Against BNSF
May 3 2018 // A southwest Missouri man who was injured twice at the BNSF Railway Co. rail yard in Springfield has been awarded more than $5 million in damages. A Greene County jury found for former conductor James Mitchell last week...
Washington Commissioner Fines GEICO $30K for Raising Premiums on People Who Froze Credit Scores
Apr 4 2018 // Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $49,200 against insurance companies, agents and brokers who violated state insurance regulations. The biggest fine was $30,000 against GEICO...
GEICO to Comply with New York Reg Banning Discriminatory Auto Insurance Rates
Mar 14 2018 // A third major automobile insurance company in the New York market has reached agreement with the New York Department of Financial Services (DFS) in compliance with the department’s final regulation prohibiting...
GEICO Names McKenzie VP of Southeast Regional Operations
Mar 14 2018 // The GEICO board of directors has named Gary McKenzie regional vice president of the company’s Macon, Ga., Southeast operations, which manages policies for customers in seven states. He previously served as assistant...
Buffett Eyes ‘Huge’ Acquisitions But Not in Insurance
Feb 26 2018 // Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make “one or more huge acquisitions” of non-insurance businesses to bolster results at his conglomerate...
Berkshire’s 14-Year Insurance Win Streak Comes to an End
Feb 26 2018 // Warren Buffett’s Berkshire Hathaway’s combination of insurance entities have recorded 14 consecutive years of underwriting profit worth more than $28 billion. The Oracle from Omaha has repeatedly warned his...
Berkshire Hathaway GUARD Enters Personal Lines Segment
Jan 29 2018 // Berkshire Hathaway GUARD Insurance Companies is now offering homeowners and personal umbrella coverage in Pennsylvania. The product is available through the company’s platform with a target market of one- to...
Insurance Chief Jain’s Berkshire Hathaway Shares Top $100 Million
Jan 19 2018 // One of Warren Buffett’s top deputies has amassed a stake in Berkshire Hathaway Inc. valued at more than $100 million. Ajit Jain, the insurance executive who was named a vice chairman of Buffett’s conglomerate...
Likely Buffett Successors Abel, Jain Promoted at Berkshire Hathaway
Jan 10 2018 // Berkshire Hathaway Inc. on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, cementing their widely viewed status as potential successors to Warren Buffett as the conglomerate’s chief...
Berkshire Hathaway Specialty Names Chubb’s McGrath to New Zealand A&H Post
Dec 19 2017 // Berkshire Hathaway Specialty Insurance Co. (BHSI) has appointed Jared McGrath to head its new line of Accident & Health products in New Zealand. The product line includes Corporate Travel, Group Personal Accident and...
Despite Insurance Losses, Berkshire Stock Joins Exclusive Club
Dec 18 2017 // Berkshire Hathaway Inc.’s stock price touched $300,000 for the first time on Monday, reflecting investors’ confidence in Warren Buffett’s conglomerate despite four straight quarters of lower operating...
AIG Lures Berkshire Hathaway’s Bolt for Chief Underwriting Post
Dec 5 2017 // American International Group said Tom Bolt will join the company as chief underwriting officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and...
