Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
People – East
May 7 2012 // Marsh & McLennan Companies Inc. said Alexander Moczarski, CEO of Guy Carpenter, has assumed the additional role of chairman at Marsh & McLennan Companies International. Moczarski will continue to be based in New...
BNSF Railway Company Plume Trial To Begin
Apr 30 2012 // A trial to determine BNSF Railway Company’s responsibilities for cleaning up plumes of fuel and toxic solvents beneath Livingston starts Monday in Great Falls. The trial is set to resolve a suit 165 Livingston...
Berkshire’s Warren Buffett Reveals Stage I Prostate Cancer Diagnosis
Apr 18 2012 // Warren Buffett, CEO of Berkshire Hathaway Inc., revealed Tuesday that he has Stage 1 prostate cancer but assured his condition is not “remotely life-threatening or even debilitating in any meaningful...
GEICO Appoints 2 Vice Presidents in New York Regional Offices
Apr 12 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed two vice presidents in New York regional offices. John Pham has been named vice president of GEICO’s Woodbury, N.Y.,...
Insurance Retailer GEICO Lowering Commercial Auto Rates in Texas
Mar 23 2012 // Insurance direct marketer, GEICO, has announced that it is lowering commercial auto insurance rates for business owners in Texas. Commercial insurance packages cover the cars, trucks and vans used in conducting business,...
Lawsuit Against Berkshire Hathaway Over Sokol Trades Dismissed
Mar 20 2012 // Berkshire Hathaway won dismissal on Monday of a shareholder lawsuit that stemmed from allegations former executive David Sokol profited by violating the company’s insider trading policy. Shareholders sued the...
Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders
Mar 5 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.” Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...
Float Like a Lizard
Mar 5 2012 // Every year, Berkshire Hathaway Chairman Warren Buffett issues a letter to shareholders in which he discusses the economy, investing and the performance of his companies. Buffett typically has good things to say about...
Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders
Feb 27 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.” Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...
How One Independent Agent Tried to Off the GEICO Gecko
Dec 29 2011 // Editor’s Note: This article is from Insurance Journal’s annual Satire Issue, originally published on Aug. 15, 2011. The article is fictional and is meant to be humorous. Enjoy! Obsession is more than some...
Washington’s Kreidler Fines GEICO for Overcharging
Dec 21 2011 // GEICO, an auto insurer based in Maryland, has been fined $100,000 for a computer database error that caused the company to overcharge thousands of its Washington state customers. GEICO is also refunding $7.5 million, plus...
Buffet on Japan Visit; Says Euro Zone Has ‘Major Flaw’
Nov 21 2011 // Billionaire investor Warren Buffett said Europe’s debt crisis had shown up a “major flaw” in the 17-member euro zone system and it would take more than words to fix it. “There is a major flaw in the...
Ohio-based Business Jet Operators Sue IRS over Ticket Tax
Nov 18 2011 // A group of Ohio-based private business jet operators is suing the Internal Revenue Service for $643 million, saying the government wrongly applied a ticket tax meant for commercial passengers only. The lawsuit in U.S....
Berkshire Hathaway Q3 Profit Falls on Derivatives
Nov 7 2011 // Warren Buffett’s conglomerate Berkshire Hathaway Inc. reported a smaller third-quarter profit Friday after losing more than $2 billion on derivatives related to stock market performance. That was nearly three times...
Business Jet Operators Sue IRS Over Ticket Tax
Nov 1 2011 // A group of Ohio-based private business jet operators is suing the Internal Revenue Service for $643 million, saying the government wrongly applied a ticket tax meant for commercial passengers only. The lawsuit in U.S....
GEICO App Gives Facebook Users Access to Policies
Oct 26 2011 // GEICO is launching a new Facebook app called “GEICO Shortcuts,” which will give GEICO policyholders access to their insurance information using the functionality of the popular social networking...
Align Taps Former Berkshire Hathaway Homestate Cos. President
Oct 21 2011 // Align General Insurance Agency Inc. has named Rod Eldred senior vice president. Eldred will lead the company’s new workers’ compensation division and the expansion of San Diego, Calif.-based Align’s...
Cross Border Claims Frustrate Auto Carriers
Oct 3 2011 // Staged automobile accidents in Canada’s most populated province of Ontario pose a unique problem for American auto insurers that must deal with Ontario’s stringent no-fault benefits. Some U.S.-based adjusters...
Berkshire Hathaway to Buy N.J.-based Princeton Insurance
Sep 30 2011 // Berkshire Hathaway’s medical professional liability insurance unit, Medical Protective Co., is purchasing New Jersey-based Princeton Insurance Co., a professional liability insurer for healthcare providers. Princeton...
Berkshire Hathaway to Buy Back Shares
Sep 26 2011 // Warren Buffett’s conglomerate Berkshire Hathaway said it will launch a share buyback program, an extremely rare move from Buffett that comes after months of investor complaints that the stock was...
