Warren Buffett’s Bet on Mild Florida Storm Season Faces Test With Hurricane Idalia August 30, 2023 By Max Reyes Berkshire Hathaway Inc. bet big earlier this year that Florida’s reinsurance market would deliver huge premiums with minimal losses. Hurricane...
Warren Buffett Gives $27M in Berkshire Hathaway Stock to an Unnamed Charity August 18, 2023 By Josh Funk Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of...
Berkshire Operating Earnings Jump on Insurance Strength August 7, 2023 By Max Reyes Warren Buffett’s Berkshire Hathaway Inc. posted gains in operating profit as strength in its insurance businesses helped counter inflationary pressures...
Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires July 19, 2023 By Joel Rosenblatt Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become...
Travel Essentials: Passport, Money, Bluetooth Luggage Trackers? July 18, 2023 By Kate Duffy, Anthony Palazzo and Siddharth Vikram Philip After returning to New York from Oslo in late May, Harley Hendrix noticed her suitcase containing a cherished Alexander McQueen...
Warren Buffett’s PacifiCorp Sued by Oregon Wineries Over Fire Damage July 17, 2023 By Joel Rosenblatt Berkshire Hathaway Inc.’s PacifiCorp was sued by Oregon wineries claiming that smoke from wildfires ignited by the utility’s equipment in...
Berkshire’s Jain on GEICO Profit: ‘Don’t Take It to the Bank’ May 8, 2023 By Susanne Sclafane Even though Berkshire Hathaway’s GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader...
Warren Buffett Predicts Earnings Decline at Berkshire Units May 8, 2023 By Max Reyes Warren Buffett, whose economic insights are craved for Berkshire Hathaway Inc.’s deep ties to the American economy, had a gloomy...
Brazilian Reinsurer Resolves U.S. Probe Into Fake Berkshire Hathaway Story April 25, 2023 By Jonathan Stempel A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false...
Buffett Says People Shouldn’t Worry About Berkshire, Banks April 13, 2023 By Josh Funk Billionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he’s no longer around to lead the...