Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Pham Named GEICO VP for Virginia, North Carolina
Jul 1 2016 // GEICO has named John Pham vice president of its regional operations in Virginia Beach. Pham will oversee all business functions for Virginia and North Carolina insureds, as well as GEICO’s military, motorcycle and...
GEICO Files RICO Lawsuit in Florida Over Alleged Fraudulent Claims
Jul 1 2016 // GEICO has sued five Florida companies and six known individuals engaged in what it said was a complex scheme to submit hundreds of suspected fraudulent glass repair bills for payment. In the case, Government Employees...
As Texas Train Wreckage Smolders, BNSF Says Technology May Have Prevented Crash
Jun 30 2016 // Wreckage from a train collision continued to smolder on June 29 in the Texas Panhandle as workers prepared to remove the charred, twisted box cars from the tracks and renew their search for three missing crew...
People – West
Jun 6 2016 // Monarch E&S Insurance Services has opened a second San Diego County, Calif., office, this one in San Marcos, and named new employees to work out of the office. The employees are: Michelle Mitchell, senior...
Berkshire Hathaway GUARD Adds 2 Field Representatives in Northeast
May 24 2016 // Sue Bonkowski Berkshire Hathaway GUARD Insurance Companies in Wilkes-Barre, Pennsylvania, has hired Sue Bonkowski and Mike Lawless as senior field representatives. Bonkowski is based in Pittsburgh, Pennsylvania, and will...
Herring Named Field Rep in California for Berkshire Hathaway GUARD
May 23 2016 // Berkshire Hathaway GUARD Insurance Cos. has named Traci Herring a senior field representative in Northern California. Herring is responsible for identifying prospects for appointments while providing information about...
Berkshire Hathaway GUARD Adds Lawyers PL Program, Plans Other Product Launches
May 23 2016 // Berkshire Hathaway GUARD Insurance Companies is now offering a lawyers professional liability policy in California, Maryland, New Jersey, Pennsylvania, Texas, and the District of Columbia with ten more states planned in...
Buffett Downplays Succession Speculation In Wake of Jain Assuming General Re Role
May 3 2016 // Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about succession planning for subsidiaries. “There are no tea leaves...
Timeline: From Teen to Octogenarian, How Buffett’s Wealth Has Grown
May 2 2016 // In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise of robo-advisors, armchair investors have dozens of tools just a few clicks or taps away. Daily trading...
Berkshire Hathaway Specialty Hires AIG Exec Valzania in Boston
Apr 5 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has hired David Valzania as customer and broker engagement leader for the eastern U.S. region. He is based in BHSI’s office in Boston. Valzania comes to BHSI with nearly...
AmWINS Gets Backing for Unicorn MGA from Berkshire Hathaway International
Mar 29 2016 // U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn...
Judge Dismisses California Lawsuit over Duracell Batteries Guarantee
Mar 17 2016 // A federal judge threw out a lawsuit accusing Procter & Gamble Co. of misleading consumers by guaranteeing that Duracell batteries would not fail for 10 years, when in fact the batteries might leak when used or stored...
Berkshire Hathaway Balks at Reporting on Climate Change Risks
Mar 13 2016 // Warren Buffett’s compensation for running Berkshire Hathaway Inc. edged up 1 percent last year to $470,244, reflecting an increase in the cost of keeping the billionaire safe. Buffett’s salary remained at...
BHSI to Expand Specialty Business into Europe; Bolt & Koehler to Lead Operations
Mar 11 2016 // Berkshire Hathaway International Insurance Ltd. announced it will offer a specialty insurance solution to Europe with its affiliate, Berkshire Hathaway Specialty Insurance, subject to regulatory approval. Tom Bolt has been...
GEICO Dallas Begins Moving to Richardson
Mar 9 2016 // GEICO’s Dallas regional office is moving to a new location at 2280 North Greenville Avenue in Richardson, Texas. The new Dallas office will house more than 2,000 GEICO associates over time and provides more...
Why Small Commercial Lines May Not Be So Bright for Agency Carriers
Mar 3 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
Buffett Says Pessimism on Economy and America Is ‘Dead Wrong’
Feb 28 2016 // Warren Buffett reaches a broad audience with his annual letters to Berkshire Hathaway Inc. shareholders — and, on Saturday, he reached right out to U.S. voters. In sweeping passages, he rejected the economic...
GEICO Expands Ridesharing Coverage to South Carolina Drivers
Feb 23 2016 // GEICO is now offering a new ridesharing insurance product to drivers in South Carolina. GEICO’s ridesharing product replaces the driver’s personal auto policy and provides coverage for personal, ridesharing and...
S&P Affirms Berkshire Hathaway Insurance Units’ Ratings
Feb 19 2016 // Standard & Poor’s Ratings Services has affirmed its ‘AA+’ financial strength and long-term counterparty credit ratings on Berkshire Hathaway Inc.’s (BRK) operating insurance subsidiaries. The...
Buffett’s Berkshire Hathaway Annual Meeting to Air Live on Yahoo
Feb 16 2016 // Warren Buffett’s Berkshire Hathaway Inc. plans to webcast its annual meeting for the first time, allowing the largest U.S. shareholder gathering to reach a global audience through Yahoo Inc.’s finance...
