Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
BHSI Launches Miscellaneous Professional Liability Insurance in Canada
Jan 12 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Miscellaneous Professional Liability (MPL) Insurance in Canada. The new MPL policy provides claims-made coverage for professionals and...
Buffett’s Berkshire Hathaway Cuts Munich Re Stake to 4.6%
Dec 14 2015 // Warren Buffett’s Berkshire Hathaway Inc. further reduced its stake in Munich Re as the billionaire investor re-evaluates the attractiveness of the reinsurance market. The holding was trimmed to 4.6 percent from 9.7...
Best Assigns ‘A++’ Rating to Berkshire Hathaway Direct Insurance Co.
Dec 11 2015 // A.M. Best has assigned a financial strength rating (FSR) of ‘A++’ (Superior) and an issuer credit rating (ICR) of “aaa” to Berkshire Hathaway Direct Insurance Company (BHDIC), based in Omaha, and...
Berkshire Hathaway Specialty Enters Asia Surety Market; Ho Named Head
Dec 9 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it is entering the Surety market in Asia and has appointed Andrew Ho as Vice President, Head of Surety, Asia, based in Singapore. “Our expansion...
Transatlantic Re Winds Down Asbestos Contracts with AIG, Berkshire Hathaway
Dec 2 2015 // Weston Hicks’s Alleghany Corp. will pay $400 million to wind down reinsurance deals with American International Group Inc. and Warren Buffett’s Berkshire Hathaway Inc. for policies that date back...
GEICO 1st Auto Insurer in N.Y. to Offer Digital ID Cards for Policyholders
Nov 18 2015 // New York Gov. Andrew M. Cuomo announced that GEICO has become the first insurer in New York State to complete the certification process through the Department of Motor Vehicles to allow customers to begin using electronic...
Berkshire Hathaway Lowers Investment in Goldman Sachs
Nov 16 2015 // Warren Buffett’s Berkshire Hathaway Inc. reduced its investment in Goldman Sachs Group Inc. by 13 percent during the third quarter. The billionaire investor’s Omaha, Nebraska-based firm said it owned almost 11...
Berkshire Hathaway GUARD Appoints Henderson as Florida Field Executive
Oct 29 2015 // Berkshire Hathaway GUARD Insurance Companies added Chris Henderson as a senior field representative to promote targeted growth in Florida. The growth in the state includes the addition of the company’s multiline...
Concklin Named Field Rep for Berkshire Hathaway GUARD in Colorado, Utah
Oct 28 2015 // Berkshire Hathaway GUARD Insurance Cos. recently added Mark Concklin as a senior field representative to promote targeted growth in Colorado and Utah. Concklin is responsible for identifying prospects for appointments...
Berkshire Hathaway Expands in Australia/NZ with Marine, Transport, Logistics
Oct 27 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) has begun underwriting Marine, Transport & Logistics Liability Insurance in Australia and New Zealand. It has also appointed Barton Phillips, Head of Transport and...
People – Southeast
Oct 5 2015 // George Rogers has been promoted to senior vice president at GEICO. Rogers’ new responsibilities include oversight for GEICO’s Southeast and Midwest operations in addition to his current duties as vice president...
GEICO Expands Rideshare Coverage to Connecticut
Oct 5 2015 // GEICO announced on Sept. 15 that the company is expanding its ridesharing insurance product offering to drivers in Connecticut. GEICO said its product delivers end-to-end coverage for personal and ridesharing...
If MetLife Is Tagged As Systemically Risky, Why Isn’t Berkshire Hathaway?
Oct 2 2015 // MetLife Inc., the insurer fighting the U.S. government’s decision to label it a potential threat to financial stability, wants to know why Warren Buffett’s Berkshire Hathaway Inc. has gotten a pass. Documents...
Workers’ Compensation Premiums Up 5.3% in First Half of 2015: Demotech
Sep 25 2015 // Workers’ compensation insurers reported a 5.3 percent increase in direct written premiums during the first six months of 2015 versus the same period in 2014, according to actuarial firm Demotech’s review of...
GEICO Introduces Ridesharing Policy in Ohio
Sep 17 2015 // GEICO is offering its ridesharing insurance product, which delivers end-to-end coverage for personal and ridesharing use, to drivers in Ohio. New and existing drivers that have been approved to drive for Uber (UberX and...
GEICO Expands Ridesharing Coverage to Connecticut
Sep 16 2015 // GEICO announced Tuesday that the company is expanding its ridesharing insurance product offering to drivers in Connecticut. GEICO has rolled out its ridesharing product in Georgia, Virginia, Maryland, Texas and...
Berkshire Hathaway Specialty Adds Inland Marine Insurance Products
Sep 16 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has launched a full line of inland marine insurance products in the U.S., including builder’s risks, contractor’s equipment, installation floaters, inland transit,...
S&P: Reinsurance M&A Will Be Driven by Berkshire Hathaway Model
Aug 28 2015 // Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor’s said in a new report. The ratings firm said that the Berkshire Hathaways of the world –...
BNSF Seeks Delay in Lawsuit over North Dakota Derailment
Aug 26 2015 // A lawyer for BNSF says a civil lawsuit against the railway over a derailment near Casselton, N.D., nearly two years ago should be put on hold until it can be determined whether a broken axel was the cause of the fiery...
GEICO Promotes Florida-Based Rogers to Senior Vice President
Aug 25 2015 // George Rogers has been promoted to senior vice president at GEICO. Rogers’ new responsibilities include oversight for GEICO’s southeast and Midwest operations in addition to his current duties as vice president...
