Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Buffett Says Rail Industry Concerned Over Oil Transport Safety
Apr 23 2014 // Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil...
SNL’s Top 30 E&S Writers: Berkshire On Fire with 40% Growth in 2013
Apr 7 2014 // With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three...
Group Urges New York DFS to Review Auto Insurers’ Rate-Setting Practices
Apr 7 2014 // A consumer advocacy group said its analysis shows some of New York State’s largest auto insurers are charging higher premiums to motorists who have less education and non-professional, non-managerial jobs. The New...
People – East
Apr 7 2014 // The MEMIC Group, a Portland, Maine-based workers’ compensation carrier, has announced the promotion of Eileen M. Fongemie and Deborah E. Lander. Fongemie has been named director of finance. In this capacity, she will...
Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans
Mar 31 2014 // Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s...
GEICO’s Advertising Spending Slows But Still Tops $1 Billion: SNL
Mar 20 2014 // After two years of double-digit percentage increases in advertising spending, GEICO Corp. boosted its ad spend by just over five percent in 2013, according to research by SNL Financial. GEICO, with its Gecko and Maxwell...
Carriers Committed to D&O Segment
Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...
Berkshire Hathaway Specialty Insurance Launches Healthcare Umbrella Policy
Mar 4 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in the ever-changing healthcare environment. Reflecting the...
Insurance Units’ Profits Drive Berkshire Hathaway
Mar 3 2014 // 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...
GEICO Appoints Assistant VP in Georgia
Feb 27 2014 // Chevy Chase, Md.-based auto insurance giant GEICO announced Lona Montgomery has been named assistant vice president of centralized services in the company’s Macon, Ga., regional office. Montgomery previously served...
Best Affirms Ratings of Berkshire Hathaway’s GUARD Insurance
Feb 24 2014 // A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa-” of NorGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company and...
GEICO to Hire 725 New Associates in Fredericksburg, Va., Office
Feb 20 2014 // Chevy Chase, Md.-based auto insurance giant GEICO announced Thursday that to keep up with its strong policyholder growth, its regional office in Fredericksburg, Va., plans to hire more than 725 new associates for growth...
Berkshire Hathaway Specialty Launches Consolidated Endorsement for Contractors
Feb 19 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a consolidated insurance endorsement which combines numerous primary general liability coverage enhancements in a single product designed expressly for...
Business Moves
Feb 10 2014 // Berkshire Hathaway, MyAssist, Insure America Berkshire Hathaway Specialty Insurance has agreed to purchase from Noel Group the assets of MyAssist Inc., a live-agent personal concierge and telematics service-provider, and...
Berkshire Hathaway Specialty Insurance Introduces D&O Liability Policy
Jan 27 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First, a directors & officers liability insurance policy designed to address the complex and volatile risks facing directors, officers and their...
Berkshire Hathaway Specialty Insurance to Acquire MyAssist and Insure America
Jan 27 2014 // Berkshire Hathaway Specialty Insurance said it has agreed to purchase the assets of MyAssist Inc., a live-agent personal concierge and telematics service provider, and Insure America LLC, a niche program administrator that...
Berkshire Hathaway Specialty Insurance Emerges From 2013 As a Serious Player
Jan 27 2014 // Last year was quite a year for Berkshire Hathaway Specialty Insurance (BHSI) – or half of a year, anyway. Since opening its doors for business in June 2013 with much fanfare, the new venture has gone from four to nearly...
Regulators Reviewing Berkshire Hathaway for Systemic Risk
Jan 23 2014 // Regulators are starting to scrutinize Warren Buffett’s Berkshire Hathaway Inc. to determine whether it is important enough to the financial system to require Federal Reserve supervision, according to two people with...
Berkshire Hathaway Specialty Expands into Builder’s Risk Segment
Jan 22 2014 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its property capabilities to include builder’s risk insurance. The company also named Robert Tricamo to head the new specialty property area as vice...
Berkshire Hathaway Insures $1 Billion Prize for Predicting NCAA Winners
Jan 21 2014 // Warren Buffett’s Berkshire Hathaway Inc. is backing a $1 billion prize offered by Quicken Loans Inc. if a contestant predicts the winner of each game in the National Collegiate Athletic Association’s...
