Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Hathaway’s National Indemnity in Deal to Back then Acquire Lloyd’s Equitas
Oct 20 2006 // Broadway producers call them “angels:” rich people who put up the money to fund their shows. In that sense, Equitas, the Lloyd’s vehicle set up in 1996 to run off a mountain of asbestos and environmental...
Berkshire Hathaway Says General Re Not Target of Investigation
Oct 19 2006 // General Reinsurance, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said it learned this week that the company is not a target of a federal investigation into the collapse of insurer Reciprocal of...
North Texas Insurance Agent Takes on GEICO
Oct 12 2006 // “Bigger isn’t necessarily better,” says Texas independent insurance agent Al Boenker of the Al Boenker Insurance Agency. Boenker’s latest advertising puts him up against the gecko, making fun of the...
Berkshire Hathaway Most Expensive U.S. Stock
Oct 10 2006 // The most expensive stock in the United States passed a unique plateau, as the price for a Class A share of Warren Buffett’s Berkshire Hathaway Inc. briefly surpassed $100,000. The shares closed up $1,296, or 1.3...
GEICO cancels Charo
Oct 9 2006 // Connecticut Attorney General Richard Blumenthal said that GEICO insurance company has said it will no longer run what Blumenthal claims is “a false and misleading television advertisement” that claims the...
GEICO Adds 800 Jobs in Virginia
Sep 21 2006 // GEICO insurance company announced it would add nearly 800 jobs at its regional headquarters in Stafford County. The facility, one of seven regional offices, employs about 3,000 people and already is one of the...
Conn. AG Says GEICO to Pull ‘Misleading Charo’ Ad
Sep 17 2006 // Connecticut Attorney General Richard Blumenthal said that GEICO insurance company has said it will no longer run what Blumenthal claims is “a false and misleading television advertisement” in the state that...
GEICO Taps Pierce to Head Mid-Atlantic and Property Operations
Sep 13 2006 // GEICO reported that Nancy Pierce will head its Middle Atlantic operations which include Washington, D.C., Maryland, Pennsylvania, Delaware and West Virginia. Pierce will also head the company’s property insurance...
GEICO to Hire More Than 600 for Tucson Office
Sep 12 2006 // GEICO announced it is actively recruiting for its Tucson,Ariz., office and plans to add 600 new associates in the next 15 months. Because of GEICO’s continued growth, the company will hire associates for its customer...
R. Steven Orr, Maryland, Commissioner of Insurance
Sep 4 2006 // In January, Maryland Gov. Robert L. Ehrlich Jr. selected R. Steven Orr to serve as Maryland Insurance Commissioner, succeeding Alfred W. Redmer, who resigned in October 2005 to join the private sector. Orr most recently...
The Commissioners
Sep 4 2006 // In January, Maryland Gov. Robert L. Ehrlich Jr. selected R. Steven Orr to serve as Maryland Insurance Commissioner, succeeding Alfred W. Redmer, who resigned in October 2005 to join the private sector. Orr most recently...
Berkshire Hathaway 2nd Quarter Earnings Rise 62 Percent
Aug 7 2006 // Omaha, Neb.-based Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported Friday that second-quarter earnings jumped 62 percent on strength in its investments and insurance and utility...
Berkshire Hathaway Subsidiary Acquires Two Calif. WC Companies
Jul 19 2006 // Columbia Insurance Company, a member of the Berkshire Hathaway Group of Insurance Companies, has agreed to acquire American All-Risk Insurance Services (AARIS) and American Commercial Claim Administrators (ACCA), both...
N.Y, N.J. Agents Cite Progress in Campaign Against GEICO Flyers
Jul 12 2006 // Since the inception of a controversial move by the Department of Motor Vehicles, the Professional Insurance Agents of New York State Inc. has taken the position that it is improper for the DMV to include ads from...
Berkshire Hathaway Acquires Iscar Metalworking Companies
Jul 7 2006 // Berkshire Hathaway said Wednesday that it had completed the acquisition of 80 percent of Iscar Metalworking Companies. Berkshire announced in May that it would pay $4 billion for the stake in the privately held Israeli...
Effort to Block Wal-Mart, Berkshire Hathaway Banks Gaining Support
Jul 6 2006 // With Wal-Mart and Home Depot among a record number of companies awaiting federal approval to open banks, legislation to block this special kind of bank is gaining momentum, a senior House lawmaker said. Thirteen companies,...
Berkshire Hathaway, Wal-Mart Among 14 Firms Lining Up to Start Banks
Jul 5 2006 // Thirteen companies, a record number, have joined controversy-stirring Wal-Mart Stores Inc. in the pipeline for approval from federal regulators to establish a special kind of bank, agency records show. The companies, which...
Berkshire Hathaway Completes Acquisition of Applied Underwriters
May 23 2006 // Berkshire Hathaway said it has completed its acquisition of Applied Underwriters, an integrated workers’ compensation service firm — and all of its subsidiaries including its North American Casualty insurance...
Berkshire Hathaway reports 70% jump in 1Q Earnings; Shareholders Meet in Omaha
May 7 2006 // Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses. Berkshire’s...
Berkshire Hathaway to Post Q1 Results
May 5 2006 // Berkshire Hathaway announced that it will post its first quarter interim results to shareholders today, Friday, May 5, 2006 at approximately 5:30 p.m. Central time. To access the report go to: www.berkshirehathaway.com....
