Berkshire Hathaway’s Q3 Profit Tops Expectations November 4, 2019 By Jonathan Stempel and Shubham Kalia Berkshire Hathaway Inc. said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset...
Hemp and CBD Remain Risky Businesses in Uncertain Legal and Gig Climate October 30, 2019 By Katherine Chiglinsky and Craig Giammona Executives at Kirby Co.’s home office noticed an odd trend: Its door-to-door vacuum-cleaner salespeople were increasingly involved in the same...
New Mexico Explains Role in Enabling Applied Underwriters Sale October 24, 2019 By Don Jergler The growing drama behind the $920 million sale of Berkshire Hathaway-owned Applied Underwriters to its founder Steven Menzies got another...
Berkshire’s MedPro Acquires Swiss Re Corporate Health Care Liability Business October 14, 2019 Berkshire Hathaway health care liability insurance unit MedPro Group has agreed to acquire the healthcare professional liability business of Swiss...
Buffett-Owned Chemical Firm Lubrizol Faces Lawsuits After Fire in Rouen, France October 2, 2019 More than 5,250 tonnes of chemicals, oil and fuel additives have burned in a massive fire at U.S. specialty chemical...
Aviation Industry Braces for Double-Digit Premium Hikes After 737 MAX Groundings September 20, 2019 By Allison Lampert and Suzanne Barlyn The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers...
GEICO Gets Progressive, Joins Auto Insurers Offering Telematics August 5, 2019 Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Buffett Donates $3.6 Billion of Berkshire Stock to Five Charities July 1, 2019 Warren Buffett agreed to donate $3.6 billion worth of Berkshire Hathaway Inc. stock to five charities, including the Bill &...
Buffett Has Eyes on Competitor Progressive, Not Car Makers Entering Insurance May 7, 2019 By Susanne Sclafane Berkshire Hathaway Chair Warren Buffett said he isn’t worried about recent assertions by Tesla Chief Executive Elon Musk that the...