Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
News Currents
Apr 17 2006 // GEICO settles lawsuit over discount policy Californians who purchased auto policies from GEICO and were denied a discount for not having proof of prior insurance will receive refunds as part of a settlement between the...
GEICO, Consumer Group Settle Lawsuit Over Discount Policy
Apr 6 2006 // Californians who purchased auto policies from GEICO and were denied a discount for not having proof of prior insurance will receive refunds as part of a settlement between the company and a consumer advocate...
Md. Commissioner Orr Defends GEICO Against Unfair Underwriting Charges
Mar 29 2006 // In a letter to the Consumer Federation of America (CFA) and to the New Jersey Citizens United Reciprocal Exchange (CURE), Maryland Insurance Commissioner R. Steven Orr dismissed allegations by those organizations that...
GEICO Seeking New Associates in Dallas Area
Mar 6 2006 // GEICO (Government Employees Insurance Company) announced plans to add more than 100 new associates to serve its growing number of policyholders in Texas. Currently employing more than 1,000 associates, GEICO’s Dallas...
Greenberg’s Starr Agency to Offer ACE and Berkshire Hathaway Products
Feb 28 2006 // Expanding its servicing capabilities for new and existing clients, Starr Technical Risks Agency, Inc. announced that it will begin immediately to offer commercial insurance coverages by ACE USA and Berkshire Hathaway...
GEICO To Hire 100 in Tucson, Ariz.
Feb 16 2006 // GEICO has announced it will be hiring 100 people for positions in sales, service and claims in its Tucson, Ariz., operations center. The company plans to recruit entry-level associates, college graduates and experienced...
Berkshire Hathaway Purchasing Applied Underwriters
Feb 8 2006 // Berkshire Hathaway Inc. has agreed to acquire Applied Underwriters and all of its subsidiaries, including its North American Casualty insurance companies. Applied Underwriters is a privately held company that is an...
GEICO REDUCING COLO. AUTO RATES
Jan 23 2006 // GEICO began reducing auto insurance rates for new policyholders in Colorado on Jan. 5. The company also said it would be reducing rates for existing policyholders beginning Feb. 20. According to the company,...
Geico Lowering Colo. Auto Rates
Jan 3 2006 // GEICO is reducing auto insurance rates for its policyholders in Colorado. The statewide average rate decrease is 7.1 percent for GEICO and GEICO General policyholders. Overall premium changes for individual motorists will...
GEICO AND GOOGLE SETTLE:
Sep 19 2005 // Google Inc. has settled the last part of a lawsuit that alleging that its online search engine advertising system illegally exploited insurer Geico Inc.’s brand. Geico stated simply that the case filed in the U.S....
Berkshire Hathaway’s Buffett Tops Most Underpaid Industry CEO List
Sep 13 2005 // Berkshire Hathaway Inc.’s Warren Buffett, whose $100,000 base salary long ago became uncompetitive with his peers, ranked as the most undercompensated executive in the industry, according to a new study of 2004...
Berkshire Hathaway and GE Complete Medical Protective Transaction
Jul 5 2005 // Omaha, Neb.-based Berkshire Hathaway and Kansas City, Mo.-based General Electric announced that GE Insurance Solutions’ sale of Medical Protective Corporation to Columbia Insurance, a unit of Berkshire Hathaway,...
Keynote: Auto Insurance Web Sites Main Consumer Source for Quotes
May 24 2005 // New competitive intelligence from Keynote Systems, The Internet Performance Authority, reported that the Web is the primary resource for auto insurance consumers with 87 percent visiting sites with the intention of...
Fitch Gives Berkshire Hathaway New $1.5B Debt ‘AAA’; Negative Outlook
May 12 2005 // Fitch Ratings has assigned ‘AAA’ ratings to two new issues of debt from Berkshire Hathaway Finance Corporation (BHFC), a wholly owned subsidiary of Berkshire Hathaway Inc. (Berkshire). The newly rated debt...
GE Med-Mal Unit Sold to Berkshire’s National Indemnity; S&P, Best Comment
May 9 2005 // In a joint bulletin General Electric and Berkshire Hathaway announced that GE Insurance Solutions has entered into a letter of intent for the sale of Medical Protective Corporation (MedPro), a professional liability...
Finite Reinsurance Probes Appear Infinite
May 9 2005 // Investigators’ interest in finite reinsurance transactions goes well beyond the five-year old agreement between American International Group and Berkshire Hathaway’s General Re that has been targeted by New...
Fitch Moves Berkshire Hathaway’s Outlook to Negative
Apr 19 2005 // Fitch Ratings has revised the Rating Outlook to Negative from Stable on the ‘AAA’ long-term issuer and unsecured senior debt ratings of Berkshire Hathaway Inc. (Berkshire) and its wholly-owned subsidiary GEICO...
How to Float to the Top and Other Words of Wisdom
Apr 4 2005 // Berkshire Hathaway’s Buffett on Insurance Economics, 2004 Results By Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s...
Berkshire Hathaway’s Buffett Responds to Press Reports Over General Re and Other Probes
Mar 30 2005 // Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett has acknowledged that he will voluntarily speak with investigators next month while also moving to correct several press reports concerning the ongoing...
Berkshire Hathaway Chairman Warren Buffett on Insurance Economics and 2004 Results
Mar 8 2005 // By Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s book-value gain of 10.5% fell short of the S&P 500 Index’s 10.9%...
