All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Nov 25 2024 // Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total.New York...
Nov 4 2024 // Third quarter underwriting income with Berkshire Hathaway’s insurance units fell about $1.7 billion to $750 million due to estimated losses of about $565 million from Hurricane Helene and increases in losses from...
Sep 26 2024 // In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair...
Aug 14 2024 // A Georgia grand jury has indicted an investment manager, charging that he diverted almost $6 million from GEICO Insurance for his own use.Dwayne Peterson Davis, 54, of Atlanta, was a business partner with GEICO in a...
Jul 16 2024 // Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often regarded as a microcosm of the broader American economy.The price...
Jul 8 2024 // Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer failed to pay them for all hours they worked “off-the-clock.”The settlement affects 806...
Jul 2 2024 // The Florida Insurance Guaranty Association now has an auto insurance representative on its board.Florida Chief Financial Officer Jimmy Patronis announced last week that he has appointed D. Ryan West, the senior director of...
Jul 1 2024 // GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled in June that two of those...
Jun 26 2024 // Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire’s personal auto...
Jun 6 2024 // NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its commitment to safety and training pilots.The lawsuit...
Jun 6 2024 // GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled this week that two of those...
May 6 2024 // Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance...
May 1 2024 // OMAHA, Neb. (AP) — BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline.The Federal Railroad...
Apr 25 2024 // A federal jury said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where thousands have been sickened.The jury...
Apr 23 2024 // BNSF Railway attorneys told a Montana jury that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town, one of the deadliest sites in the federal...
Apr 17 2024 // Berkshire Hathaway Specialty Insurance (BHSI), headquartered in Boston, expanded its global marine capabilities in the U.S., launching ocean marine Insurance. BHSI named Ben Wyatt as head of marine and Chris Frick as head...
Feb 26 2024 // Even though Berkshire Hathaway’s latest annual report featured Warren Buffett’s forecast that the days of “eye-popping performance” for the giant conglomerate are over, readers focused on...
Jan 5 2024 // Insurer GEICO has been dealt a setback in its efforts to get back $2.3 million in what it alleges were fraudulent medical and chiropractic service charges it paid to several clinics under New Jersey’s no-fault...
Dec 12 2023 // Insurance company GEICO has filed suit against a New York pharmacy and five medical clinics and their owners alleging they perpetrated a fraudulent scheme under the New York no-fault auto insurance system by submitting...
Dec 8 2023 // GEICO Indemnity Co. has agreed and a federal court in Georgia has given approval to a preliminary settlement of $5.1 million in a class-action lawsuit in which plaintiffs said the insurer had shorted them on ad valorem...