Berkshire Hathaway in Talks to Sell Workers’ Compensation Unit Applied Underwriters February 22, 2019 By David French Warren Buffett’s Berkshire Hathaway Inc. is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium...
Berkshire Hathaway’s New ‘THREE’ Policy Seeks to Simplify Small Business Insurance February 12, 2019 Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s...
Italy’s Banks Look to Sell P/C Insurance as New Source of Revenues February 4, 2019 By Stephen Jewkes and Valentina Za An aging population and struggling state finances could turn into an unlikely boon for Italy’s banks, which have turned to...
Judge Lets Berkshire Hathaway’s Dairy Queen Sue Over ‘Blizzard’ Trademark January 11, 2019 By Jonathan Stempel A federal judge in Minnesota ruled this week that Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway Inc., may pursue...
Google Partners with Indian Banks to Attract Users to Its Digital Payments Services August 29, 2018 By Sankalp Phartiyal Alphabet Inc’s Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to...
Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm August 28, 2018 By Trevor Hunnicutt, Sankalp Phartiyal and Kane Wu Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm,...
Amazon Weighs Formation of UK Insurance Comparison Website: Reuters August 16, 2018 By Carolyn Cohn and Simon Jessop Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a...
What Will Buffett Do with Berkshire’s $111 Billion Cash Pile? August 7, 2018 By Katherine Chiglinsky Warren Buffett’s Berkshire Hathaway Inc. gave him more leeway to make stock buybacks last month. Now, after the company said...
Berkshire’s Q2 Insurance Profit Rises to $943M Compared to Loss of $22M in Q2 2017 August 6, 2018 By Katherine Chiglinsky This year’s looking brighter for Berkshire Hathaway Inc.’s insurance businesses after 2017’s hurricanes led to the first annual underwriting loss...
New Accounting Rule Could Serve Up Surprises at Buffet’s Berkshire Annual Meet May 4, 2018 By Katherine Chiglinsky and Noah Buhayar Berkshire Hathaway Inc. investors should get ready for a bumpy ride. Warren Buffett’s company is scheduled to report earnings Saturday...