Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
People – Southeast
Jul 22 2013 // Following a six-year tenure as Citizens Property Insurance Corp.’s chief financial officer, Sharon Binnun has accepted a position in the private sector. Binnun is joining Cypress Property & Casualty Insurance...
People – East
Jul 22 2013 // Insurance broker Willis Group Holdings plc promoted Todd Jones to chief executive officer of Willis North America. He is based in Willis’ New York office. Jones succeeds Vic Krauze who joined Willis in 1997 and has...
GEICO Announces 2 Appointments in Buffalo, N.Y., Office
Jul 18 2013 // Auto insurance giant GEICO recently announced that Kirk La has been named assistant vice president of the GEICO Insurance Agency and Pionne Corbin will take over as assistant vice president of underwriting in GEICO’s...
GEICO Names Rayburn VP of Southeast Operations
Jul 15 2013 // Auto insurance giant GEICO promoted Rhett Rayburn to vice president of Southeast operations. He will be based in GEICO’s Macon, Ga., office. Prior to his new role, Rayburn was assistant vice president of claims...
GEICO to Host Job Fairs for Adjusters in Philadelphia, Pittsburgh Next Week
Jul 12 2013 // Auto insurer GEICO said it will host two job fairs for auto damage adjusters in Pennsylvania on July 16 and 18. On Tuesday, July 16, the first job fair will be held at Double Tree Hotel in Green Tree, located at 500...
Zurich’s Broker Relationship Leader Moves to Berkshire Hathaway Specialty
Jul 3 2013 // Berkshire Hathaway Specialty Insurance — the new commercial P/C insurance unit of Berkshire Hathaway — appointed Lori Spoon Rafkin as senior vice president, customer and broker engagement. Spoon Rafkin was...
GEICO Names Roberts President, Chief Operating Officer
Jul 1 2013 // Bill Roberts has been named president and chief operating officer of GEICO, the giant insurer said. Tony Nicely will continue to serve as chairman and chief executive officer. Bill RobertsGEICO President, COO Roberts had...
‘Mayhem’ Outspends ‘Good Neighbor’ in Advertising: SNL
Jul 1 2013 // Allstate’s “Mayhem” trumped State Farm Mutual’s the “Good Neighbor” in advertising dollars in 2012. According to an analysis by SNL Financial, Allstate’s ad spend increased 14.8...
Berkshire Hathaway Specialty Appoints Tortorella as Chief Legal Officer
Jun 26 2013 // Berkshire Hathaway Specialty Insurance — the new commercial P/C insurance unit of Berkshire Hathaway — appointed Ralph Tortorella III as senior vice president, chief legal and compliance officer. Tortorella was...
CNA’s Fortin Latest Industry Exec to Join Berkshire Hathaway Specialty Insurance
Jun 20 2013 // Berkshire Hathaway Specialty Insurance officially announced the appointment of Dan Fortin as senior vice president, executive and professional lines. Fortin was previously senior vice president of CNA Specialty. Berkshire...
Ratings Recap: Seaworthy, Central States Indemnity,Berkshire Hathaway Homestate
Jun 18 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of Seaworthy Insurance Company, based in Annapolis, Maryland, both with stable outlooks....
Best Affirms Ratings of the Members of GEICO and GEICO Corp.
Jun 17 2013 // 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), based in Chevy...
Berkshire Hathaway Specialty Insurance Now Open for Business
Jun 14 2013 // Berkshire Hathaway’s Berkshire Hathaway Specialty Insurance, its recently formed commercial property casualty insurance group, has commenced operations, underwriting property, casualty, professional and executive...
Berkshire Hathaway’s Eastwood Hiring Specialty Team to Vie with Ex-Employer AIG
Jun 13 2013 // Peter Eastwood, who left American International Group Inc. with three other executives in April to start a new insurer at Warren Buffett’s Berkshire Hathaway Inc., said he’s finding it easy to attract...
Berkshire Hathaway to Release More Data on Insurance Cat Losses
Jun 13 2013 // Warren Buffett’s Berkshire Hathaway Inc. is providing more data about claims costs at insurance units after the U.S. Securities and Exchange Commission pressed the company for the information. We “agree to...
Sierra Club Sues BNSF Over Coal Dust From Trains in Washington
Jun 10 2013 // The Sierra Club is suing Burlington Northern Santa Fe in federal court in Seattle over coal dust that blows off trains into Washington rivers and Puget Sound. The suit says the railway sends an average of four trains or...
‘Business As Usual’ Following Departures of AIG Execs
Apr 29 2013 // American International Group (AIG) has no intention of changing its excess and surplus lines business following the departure of four of its key commercial lines executives for Berkshire Hathaway. “It’s...
GEICO to 100 Hire New Employees in Iowa
Apr 3 2013 // GEICO’s Coralville, Iowa, office plans to hire more than 100 new associates by July of this year, the direct-to-consumer insurance company announced. The new associates will fill positions in sales and customer...
Swiss Re Settles Dispute with Berkshire Hathaway over Life Retrocession
Mar 28 2013 // Swiss Re announced that it has reached a settlement of a dispute with Berkshire Hathaway over a life retrocession agreement, concluded in 2010. The reinsurer said it “has agreed to take back some of the risks covered...
GEICO Appoints AVP to Lead PIP Staff Counsel Operation in New York
Mar 14 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, said Richard Solowan has been named assistant vice president of the GEICO companies. In his new role, Solowan will be responsible for the...
