Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Berkshire Hathaway Specialty to Offer Social Engineering Prevention Program
Jun 3 2021 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it is providing qualifying private and nonprofit fidelity and crime insurance customers with complimentary access to the BHSI Social Engineering Prevention...
Buffett’s Berkshire Hathaway Takes Big Stake in Aon
May 17 2021 // Berkshire Hathaway Inc. said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp. and Wells Fargo & Co. The changes were disclosed in a...
GEICO Looks to Add 500 Employees in Georgia
May 5 2021 // Middle Georgia’s largest private employer says it’s trying to hire another 500 workers. GEICO, the Maryland-based insurance company owned by financial conglomerate Berkshire Hathaway, says it’s trying to...
GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court
Apr 27 2021 // GEICO Indemnity Co.’s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling last week by the Georgia Supreme Court. The high court’s 7-0 decision answered three...
Texas Energy Companies Against Berkshire Hathaway’s $8B Backup Power Plan
Apr 16 2021 // An $8.3 billion idea by Warren Buffett’s Berkshire Hathaway Energy to build 10 new natural gas power plants across the state for emergency use turned into formal legislation on April 15, when the proposal was...
Fire Damage to BNSF Nebraska Terminal Estimated at $3M
Apr 14 2021 // A fire over the weekend at a BNSF Railway terminal in western Nebraska is estimated to have caused $3 million in damage to the facility. The fire broke out early in the afternoon on April 11 at the BNSF terminal building...
Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals
Mar 16 2021 // Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The...
Texas-Based BNSF Ordered to Pay $290K in Whistleblower Case
Mar 15 2021 // Federal labor officials have ordered Fort Worth, Texas-based BNSF Railway Co. to pay more than $290,000 in back pay, damages and fees, and reinstate an employee after an investigation found the worker’s rights were...
21-Year AIG Veteran Tatulli Joins Berkshire Hathaway Specialty Executive Lines
Mar 10 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has named Anthony Tatulli as head of Executive & Professional Lines for North America. He will have overall underwriting responsibility for Directors and Officers...
GEICO Drives Up Berkshire 2020 Underwriting Profit
Mar 1 2021 // With GEICO’s 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway’s full-year property/casualty underwriting income was in the black, even though the...
Berkshire Hathaway Specialty Names 3 Regional Executives for Professional Lines
Feb 18 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has expanded its U.S. Executive & Professional Lines leadership team, naming Shelley Norman as senior vice president, Management Liability, Central region, and promoting...
Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan
Feb 17 2021 // Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc. and a $4.1 billion stake in oil company...
Berkshire Hathaway Specialty Insurance Promotes Blas to Head of Property, Spain
Feb 8 2021 // Berkshire Hathaway Specialty Insurance (BHSI) announced that Tomas Blas has been promoted to head of Property, Spain. Blas, who has 17 years of industry experience, joined BHSI in 2019 as head of Technical Lines in Spain....
GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash
Jan 28 2021 // In a dispute between two insurers, a federal appellate court ruled that GEICO is solely liable for the cost of replacing a Lamborghini worth more than $100,000 that was totaled in a collision with another vehicle. A panel...
Berkshire Hathaway GUARD Expands Homeowners Coverage Into Georgia, Utah
Jan 14 2021 // Berkshire Hathaway GUARD Insurance Companies has added Georgia and Utah to the list of states where the insurer offers its homeowners product. With these additions, the company now offers its personal lines products in 22...
Berkshire Hathaway GUARD Expands Accountants Policy Into Georgia
Dec 18 2020 // Berkshire Hathaway GUARD Insurance Companies has added Georgia to the list of states where it company offers its Accountants Professional Liability policy. Georgia is now the sixth state that the insurer offers this...
QBE Names 4 From Berkshire Hathaway to Financial Lines Team
Dec 16 2020 // QBE North America announced the appointment of four senior industry veterans to leadership positions within its Financial Lines business. Joining QBE are: Danielle Librizzi as head of Professional Liability Thomas Kocaj as...
GEICO’s Massaro Joins BTIS Underwriting Team
Dec 16 2020 // Philip Massaro has joined small business intermediary BTIS as vice president of Underwriting. Massaro has 25 years of commercial insurance underwriting and product management experience. Most recently, he was with GEICO as...
Battery Rivals Duracell, Energizer Agree to End Lawsuits Over False Advertising Claims
Dec 8 2020 // The makers of Energizer and Duracell batteries have ended two lawsuits accusing each other of advertising false claims to consumers about battery life. According to filings on Friday in Manhattan federal court, Energizer...
Finnis Named a Central Region VP at Berkshire Hathaway Specialty Insurance
Nov 24 2020 // Berkshire Hathaway Specialty Insurance (BHSI) has named Lauren Finnis vice president, Customer & Broker Engagement, for the Central Region, based in Chicago. She was previously vice president of Customer & Broker...
