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Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million
Jan 8 2026 // Berkshire Hathaway said Jan. 6 that it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four...
Pierce Named CEO of GEICO as Combs Resigns
Dec 8 2025 // Berkshire Hathaway Inc. today announced Nancy L. Pierce will be GEICO’s new chief executive officer. Pierce was most recently chief operating officer at the major U.S. auto insurer. “Nancy knows the business...
GEICO Can’t Squirm Out of South Carolina Lawsuit That Claims the Company Owes $70 Million in Back Taxes and Penalties, Judge Says
Dec 1 2025 // GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and penalties, a federal judge ruled in a case that could ultimately affect how insurance taxes...
GEICO Can’t Slip Out of SC Lawsuit That Says it Owes $70M in Taxes and Penalties
Nov 19 2025 // GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and penalties, a federal judge ruled in a case that could ultimately affect how insurance taxes...
Motive, GEICO Partner to Improve Safety and Lower Premiums for Commercial Fleets
Nov 18 2025 // GEICO and fleet management company Motive have partnered to improve drive safety and drive down insurance prices for commercial fleets. Motive’s artificial intelligence-powered operations platform integrates fleet...
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