Latest Berkshire Hathaway Headlines
All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Top 10 2003 Newsmakers
Dec 15 2003 // While less turbulent than 2001-2002, this year hasn’t exactly been a walk in the park. The industry continues to face intractable problems—a lack of capital strength, accompanied by accusations that it’s...
Top 10 2003 Newsmakers
Dec 15 2003 // While less turbulent than 2001-2002, this year hasn’t exactly been a walk in the park. The industry continues to face intractable problems—a lack of capital strength, accompanied by accusations that it’s...
S&P Rates Berkshire Hathaway Finance Corp.
Oct 1 2003 // Standard & Poor’s has assigned its ‘AAA’ senior debt rating to Berkshire Hathaway Finance Corp.’s (BHFC) $1.5 billion private-placement debt securities offering based on a gurantee by the...
Berkshire Hathaway Says Profit Doubles
Aug 12 2003 // Berkshire Hathaway Inc. said on Friday second-quarter profit more than doubled, helped by rising insurance rates and investment gains from U.S. government bond sales. The Omaha, Neb.-based company, whose patchwork of...
Lumbermens Commutes Two Berkshire Hathaway Reinsurance Agreements, Regains Access to $1.6 Billion
Jun 30 2003 // Lumbermens Mutual Casualty Co., flagship of Long Grove, Ill.-based Kemper Insurance Cos., today announced that it and two Berkshire Hathaway Inc. affiliates, National Indemnity Co. and National Fire & Marine Insurance...
Berkshire Hathaway Profit Up Thanks to Hardened Market
May 13 2003 // Omaha, Neb.-based Berkshire Hathaway Inc. nearly doubled the profit of the first quarter of 2002, thanks to the hardened insurance market. Berkshire reported a net profit of $1.73 billion, or $1,127 a share, compared to...
Buffett Announces Record Profits, Says He Has 4 Possible Successors
May 5 2003 // Berkshire Hathaway Inc. CEO Warren E. Buffett announced the Omaha, Neb., insurer would have first-quarter operating earnings of about $1.7 billion, which he described as “the best operating earnings we’ve ever...
Alaska Supreme Court to Decide UM/UIM Coverage Limits Case
Feb 27 2003 // The Supreme Court of Alaska will decide whether state law requires that personal auto insurance companies include price terms when offering optional uninsured/underinsured motorist coverage limits. The court will also...
Trenwick in Deal with Berkshire Hathaway for Lloyd’s Support
Nov 5 2002 // Bermuda-based Trenwick Group Ltd. announced that it has concluded an agreement with National Indemnity Company, a member of Warren Buffet’s Berkshire Hathaway group, to provide Trenwick’s Lloyd’s...
Trenwick in Deal with Berkshire Hathaway to Increase Syndicate Capacity
Sep 20 2002 // Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity of Trenwick Managing Agents’ Syndicate 839 at Lloyd’s for the 2002 year of...
Berkshire Hathaway Outlook Stable
Sep 16 2002 // S&P’s affirmed its “AAA”/”A-1+”counterparty credit, “A-1+” commercial paper, and “AAA” senior debt ratings on Berkshire Hathaway Inc. because of the...
Berkshire Hathaway Plans to Buy Portion of Kemper Business
May 9 2002 // Berkshire Hathaway Inc. plans to buy a portion of Kemper Insurance Companies’ business. Berkshire will buy an undisclosed equity stake in the commercial casualty and specialty insurance business of privately held...
Warren Buffett Explains $679M Loss, Gives Shareholders Update
Nov 15 2001 // In a letter to shareholders posted on Nov. 9, Warren Buffett did his best to explain to shareholders the recent unprecedented loss at Berkshire Hathaway Inc., calling the results of the third quarter “anything but...
NAII Board of Governors Elect GEICO’s Nicely Chairman
Nov 8 2001 // Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans. Nicely...
Berkshire Hathaway’s Buffett Predicts Prolonged Recession
Oct 8 2001 // In a letter to shareholders posted on his website Sept. 26, billionaire Warren Buffet warned of a recession, “probably a relatively deep and extended one, but they are part of business life and we are...
SAFECO Brings on Ex-GEICO Executive as New President and CEO
Jul 18 2001 // Seattle-based SAFECO appointed Michael LaRocco, a former vice president with GEICO, as president and chief operating officer of its $2.6-billion SAFECO Personal Insurance business. LaRocco, 44, has more than 20 years...
FINOVA Enters Agreement with Berkshire Hathaway , Leucadia National for $6 Billion Loan Commitment
Feb 28 2001 // The FINOVA Group, Berkshire Hathaway and Leucadia National Corp. have entered into an agreement for a $6 billion loan to FINOVA Capital, the principal operating subsidiary of The FINOVA Group in connection with a...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
BERKSHIRE SEEING DOUBLE
Nov 27 2000 // Warren Buffett’s Berkshire Hathaway reported third-quarter profits this year nearly doubled from 1999. Modest insurance holdings gains helped Berkshire see a 90-percent increase in net earnings for the quarter ended...
Berkshire Hathaway Earnings Up
Nov 13 2000 // Warren Buffett’s Berkshire Hathaway has reported third-quarter profits this year nearly doubled those from 1999. Modest insurance holdings gains helped Berkshire see a 90-percent increase in net earnings for the...
