Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Hathaway Specialty Adds Primary Casualty Construction Capabilities
Jan 9 2014 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its construction casualty capabilities to include primary casualty insurance. The company now offers primary general liability, excess and umbrella coverage for...
North Dakota Train Fire Restarts Oil Transport Safety Debate
Jan 2 2014 // The derailment and fire that led to the evacuation of a North Dakota town has renewed the debate over whether it’s safer to ship oil by rail or pipeline as the U.S. completes a review of the Keystone XL...
Brooks Appointed Sr. Field Representative for Berkshire Hathaway GUARD
Dec 31 2013 // Berkshire Hathaway GUARD Insurance Companies recently added John Brooks as a senior field representative for Arkansas, Louisiana and eastern Texas. A graduate of Louisiana State University, Brooks has been part of the...
Crude Oil Train in North Dakota Catches Fire After Derailing
Dec 31 2013 // A BNSF Railway Co. train carrying oil caught fire after a collision with railcars in North Dakota, causing a series of explosions that prompted police to urge local residents to evacuate the area. There were no injuries to...
GEICO Passes Allstate to Become 2d Largest U.S. Auto Insurer: SNL
Dec 16 2013 // Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation’s second-largest private auto insurer. According to data compiled by SNL, GEICO logged $4.89 billion in direct premiums...
Berkshire Hathaway Specialty Adds Healthcare Risk Management
Nov 13 2013 // Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse qualified healthcare...
Berkshire Hathaway GUARD Expands BOP Product to California
Nov 8 2013 // Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering its business owners policy (BOP) and umbrella coverage in California. The company already has a presence in the...
Berkshire Hathaway GUARD Adds Rentie in Midwest
Oct 29 2013 // Berkshire Hathaway GUARD Insurance Cos. recently appointed William Rentie as a senior field representative for the Midwest. In 2013, the insurer entered Nebraska, Iowa, Missouri, and Kansas – joining Illinois, Indiana,...
GEICO Success Highlights Advertising Dollars vs. Agent Commissions Debate
Oct 22 2013 // Direct writer GEICO’s success in auto insurance sales is due to spending dollars on effective advertising rather than on agents, according to recent research from analysts at Nomura Equity Research, which notes that...
Berkshire Specialty Introduces Business Crisis Event Cost Coverage
Oct 8 2013 // Berkshire Hathaway Specialty Insurance has introduced business crisis event cost coverage, which extends its casualty and healthcare lead umbrella policies to cover costs incurred to manage a business crisis, including the...
Berkshire Hathaway Specialty Names VP of Claims, Executive & Professional Lines
Sep 12 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — continues to boost its team roster. This week it announced the appointment of Todd Greeley as...
Allstate CEO Says GEICO Could Strugggle with Storefront Strategy
Sep 10 2013 // Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car insurance market share in the last three years, said competitor Geico could struggle to expand sales as it seeks to sell more policies at...
Best Expresses Concerns over London Market Placement Deals
Sep 5 2013 // A.M. Best has been studying the recent innovation in the London insurance market, exemplified by the arrangement between Aon and Berkshire Hathaway announced in March, which automatically shares a percentage of premiums...
Berkshire Hathaway Specialty Hires Markel IT Exec as Chief Information Officer
Sep 4 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — hired James Roser as chief information officer. He is based in Berkshire Hathaway Specialty...
Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash
Aug 23 2013 // A jury says an insurance company must honor the policy of a Vermont man who was convicted of murder in a drunken driving crash that killed a woman in 2010. The insurance company GEICO had filed a lawsuit in U.S. District...
GEICO Names Assistant VP of Claims Operation in Buffalo, N.Y.
Aug 20 2013 // David Hodge has been named assistant vice president of claims for auto insurer GEICO’s Buffalo, N.Y., regional office. Hodge previously served as the liability director of GEICO’s Virginia Beach, Va., regional...
Berkshire Hathaway Specialty Insurance Hires 2 Execs From Zurich, The Hartford
Aug 16 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — announced on Thursday the appointments of Leo Carroll as senior vice president, healthcare...
Buffett Attends Opening of New Indiana Geico Insurance Center
Jul 23 2013 // Billionaire investor Warren Buffett joined in a ceremony that marked the opening of a new customer service center for the Geico insurance company in suburban Indianapolis that’s expected to have as many as 1,200...
E&S Veteran Berkley Unfazed by Berkshire Hathaway Specialty
Jul 22 2013 // Profit-focused executives from strong firms who understand the business of underwriting are welcome to enter the excess and surplus lines segment – and that includes Berkshire Hathaway’s Ajit Jain, says E&S...
Here Comes Berkshire Hathaway
Jul 22 2013 // Interview with BHSI’s Peter Eastwood on Building a New E&S Giant When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture’s professional liability division a few weeks...
