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...
Progressive, Travelers, USAA Latest to Offer Insureds Discounts, Other Accommodations April 9, 2020 By Andrew G. Simpson More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place...
GEICO, Farmers, Liberty Mutual Join Insurers Giving Breaks to Drivers, Businesses April 7, 2020 More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus...
Idaho Man Sentenced for Fabricating Bill of Sale on $700 Mercedes February 27, 2020 An Idaho man was sentenced for insurance fraud in violation of Idaho code after reportedly purchasing a 1992 Mercedes for...
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....
Court: Insurer GEICO Must Pay Injured Kansas Man for Care Provided by Wife January 24, 2020 By Roxana Hegeman An insurance company must reimburse a Kansas man for the personal care his wife provided after he was injured in...
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...
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...
Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead January 16, 2019 Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according...