Berkshire Discloses Q1 Insurance Results; Buffett Talks Coronavirus Impact May 4, 2020 By Susanne Sclafane Berkshire Hathaway’s property/casualty insurance and reinsurance businesses reported a first quarter underwriting profit of $747 million before taxes, nearly double...
Virtual ‘Woodstock for Capitalists’ May Show How Buffett’s Handling Coronavirus May 1, 2020 By Jonathan Stempel Berkshire Hathaway Inc.’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a...
NYC Comptroller Urges Major Insurance Companies to Cut Ties with Coal Industry April 30, 2020 By Elizabeth Blosfield New York City Comptroller Scott M. Stringer has called on three multi-national insurance companies to end business ties with the...
Brazil Reinsurer IRB Resseguros Replaces CEO, CFO on Governance Concerns March 5, 2020 By Paula Laier Brazilian reinsurer IRB Brasil Resseguros SA replaced its chief executive and chief financial officer after its shares plunged nearly 32%...
Buffett Says Combs Likely to Head GEICO Only Temporarily February 24, 2020 By Katherine Chiglinsky Warren Buffett doesn’t expect Todd Combs, one of his two key investing deputies, to be at auto insurer Geico long....
Brooks Brothers and Brooks Running Shoes Clash Over Trademark February 13, 2020 By Jonathan Stempel Brooks, the running shoe and apparel unit of billionaire Warren Buffett’s Berkshire Hathaway Inc., filed a trademark infringement lawsuit against...
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...