Berkshire Hathaway News
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Asbestos Clinic in Montana Forced to Close to Pay for BNSF Jury Award
May 16 2025 // An asbestos screening clinic in a small Montana town where thousands have been sickened by toxic dust from a nearby mine has been abruptly shuttered by authorities following a court order to seize the clinic’s assets...
Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI
May 5 2025 // He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer...
People Moves: Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie, Europe; Berkshire Hathaway Specialty Insurance Promotes Gormley and Reddin in Ireland
Apr 11 2025 // Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie for Europe Arch Insurance announced the appointment of Paul Seip as head of Fine Art & Specie, European Markets, with immediate effect. Seip joins Arch...
Buffett’s Duracell Sued by BASF Over Lithium Battery Secrets
Apr 11 2025 // Billionaire investor Warren Buffett’s Duracell battery maker was accused by chemical producer BASF SE of stealing trade secrets about lithium ion battery technology. BASF, the world’s biggest chemical maker by...
HCI Invested in Tampa Office Site, Now Leasing it to GEICO for 1,000-Job Expansion
Mar 31 2025 // Berkshire Hathaway’s GEICO insurance plans to open a new campus in Tampa late this summer, bringing more than 1,000 jobs to the area. The property and auto insurer also plans to open an office in the Dallas area by...
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