Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
GEICO in Maryland Names New Senior Vice President
Mar 12 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, announced that Seth Ingall has been named senior vice president, with responsibility for claims home office, staff counsel, communications...
Former White Mountains’ Chair, GEICO Rescuer Byrne Passes Away
Mar 11 2013 // On March 9, Bloomberg reported the passing of John “Jack” Byrne, the former chair of White Mountains Insurance Group, who is best known for turning around GEICO from near bankruptcy in the mid-1970s and taking...
Former BNSF Employee Awarded $1.7M in Montana lawsuit
Feb 17 2013 // A jury has awarded a former BNSF Railway Co. employee $1.7 million in damages in a civil lawsuit. The Great Falls Tribune reported jurors found BNSF negligently injured Robert Dannels’ spine by assigning him work...
GEICO Plans to Hire 800 in Buffalo, N.Y., Region in 2013
Jan 28 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, has announced plans to hire 800 people for its Buffalo-area office in 2013. The insurer currently employs about 2,400 people at its service...
Mass. Agents Group Says GEICO Failed to Report Some At-Fault Accident Data
Jan 25 2013 // The Massachusetts Association of Insurance Agents (MAIA) this week has asked the state’s Merit Rating Board and the Division of Insurance to investigate GEICO for allegedly failing to report at-fault accident data to...
People – East
Jan 14 2013 // The newly elected officers of the National Association of Insurance Commissioners (NAIC) for 2013 assumed their duties on Jan. 1. They are: Louisiana Insurance Commissioner Jim Donelon as NAIC president; North Dakota...
GEICO To Hire 300 New Associates In Arizona
Jan 9 2013 // The private passenger auto insurer GEICO is kicking off 2013 with plans to hire 300 new associates at the company’s regional office in Tucson, Ariz. The hires will include associates to fill new positions, and to...
GEICO Recruiting College Grads for Leadership Program in Virginia Office
Jan 4 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, said its Fredericksburg, Va., regional office is recruiting college graduates for its “Supervisor Leadership Program.” The...
GEICO Names Assistant VP of Regional Claims in Virginia
Dec 27 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, recently named Jeremy Connor as assistant vice president of regional claims operations at GEICO’s regional office in Fredericksburg,...
Berkshire Hathaway Buys Back $1.2B of Stock
Dec 12 2012 // Berkshire Hathaway Inc. said on Wednesday that it had repurchased $1.2 billion of its own stock and raised the price at which it is willing to buy back shares. The conglomerate run by Warren Buffett, which operates a...
GEICO to Offer Commercial Auto Coverage Direct to Customers in Georgia
Nov 27 2012 // Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly through the company, business owners can see significantly lower premium rates....
GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y.
Sep 10 2012 // Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium rates for many risks. Commercial insurance packages cover the cars, trucks and vans used by small...
GEICO Sponsors Rest Area ‘Safe Phone Zones’ in Virginia
Sep 4 2012 // Insurance giant GEICO is going to become a lot more familiar to travelers who visit Virginia’s 43 Interstate rest stops, the Virginia Department of Transportation announced last Thursday. The company has signed on to...
Buffett’s Berkshire Hathaway Relying Less on Insurance Units
Sep 4 2012 // Warren Buffett’s recent birthday was good news for Berkshire Hathaway investors who could celebrate another year of the Oracle of Omaha’s leadership. But the milestone also reminded shareholders they need to...
Berkshire Hathaway Profit Falls on Derivative Losses
Aug 7 2012 // Warren Buffett’s ice-cream-to-insurance conglomerate Berkshire Hathaway reported a smaller profit for the second quarter on Friday as losses on derivatives dragged down results, though operating income set the new...
Campbell Joins Berkshire Hathaway Homestate Cos.
Jul 3 2012 // Berkshire Hathaway Homestate Cos. named Michael Campbell to its workers’ compensation division as assistant vice president of underwriting. Campbell has more than 20 years of industry experience, most recently at...
Best Affirms, Assigns Ratings to GEICO and Affiliates; Outlook Stable
Jun 25 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), which is based in...
GEICO Appoints VP of Claims in Chevy Chase, Md., Home Office
Jun 18 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed Rick Hoagland as vice president of claims based in the home office. He succeeds Nancy Pierce, who was recently named regional...
Best Affirms General Reinsurance Corp’s ‘A++’ Ratings; Outlook Stable
Jun 18 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation and its core property/casualty and life...
Berkshire Hathaway Doubles Profit on Lower Catastrophe Losses
May 7 2012 // Berkshire Hathaway said it generated $3.245 billion in net income overall, up from last year’s net income of $1.511 billion last year in the quarter. Last year’s results were hurt by $1.1 billion in insurance...
