Latest Berkshire Hathaway Headlines

All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.

Berkshire Nearly Quadruples Insurance Profits; Boosts Premiums 50%

Nov 11 2014 // While investment losses pulled net income for Warren Buffett’s Berkshire-Hathaway down 8.6 percent to $3.6 billion in third-quarter 2014, a 40 percent jump in operating income for the group’s insurance and...

North Dakota Town, BNSF Railway Reach Deal on Train Speeds

Nov 6 2014 // Train speeds were to begin increasing through Devils Lake, N.D., on Nov. 5 under a deal between the city and BNSF Railway that also calls for safety upgrades.The railroad last summer informed the city that it planned to...

Spending on Agents Always Beats Spending on Ads

Nov 3 2014 // A recent research report published by Cliff Gallant and Matthew Rohrmann of Nomura Equity Research concludes that spending on advertising beats spending on insurance agents.Once again Wall Street gets it wrong! Their logic...

Top 30 Private Auto Insurers: SNL

Oct 20 2014 // CSAA Insurance Exchange, which sells private auto insurance to AAA members in about 25 states, experienced double-digit year-over-year growth in personal auto business, far outpacing other top writers in the second...

Berkshire Hathaway Specialty Offers Fiduciary Liability Product

Oct 9 2014 // Boston-based Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First Fiduciary Liability Insurance, a new addition to its Executive First suite of executive liability insurance products offering...

Top 30 Private Auto Insurers: SNL

Sep 26 2014 // CSAA Insurance Exchange, which sells private auto insurance to AAA members in about 25 states, experienced double-digit year-over-year growth in personal auto business, far outpacing other top writers in the second...

Berkshire Hathaway Specialty Enters Fidelity & Crime Market; Names AIG’s O’Neill

Sep 23 2014 // Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort.O’Neill joins BHSI with 30 years of fidelity and crime...

Berkshire Hathaway GUARD Names Lewis Director of Regional Sales

Sep 8 2014 // Berkshire Hathaway GUARD Insurance Companies promoted Jim Lewis to director of regional sales for the central region of the country. Lewis will oversee sales operations in Arkansas, Iowa, Illinois, Kansas, Louisiana,...

CNA’s Kocaj Joins Berkshire Hathaway Specialty

Sep 3 2014 // Specialty insurer Berkshire Hathaway Specialty Insurance (BHSI) has appointed Tom Kocaj as vice president and head of Financial Institutions, Executive and Professional Lines. Kocaj joins BHSI with a quarter century of...

GEICO Lowers Commercial Auto Rates in Virginia

Aug 19 2014 // GEICO is introducing lower rates in Virginia for commercial auto insurance customers, including contractors, retailers, caterers, professional services and other businesses.Small business owners in particular need...

Berkshire Hathaway Stock Passes $200,000 Mark

Aug 15 2014 // Berkshire Hathaway Inc.’s share price on Thursday surpassed and closed above $200,000 for the first time, the latest milestone for a company that Warren Buffett has built over nearly five decades into what some...

Berkshire Hathaway Hires Two Sr. Execs from AIG Asia – WSJ Report

Aug 14 2014 // Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the...

Miller Joins Berkshire Hathaway Travel Protection in Texas

Aug 4 2014 // Berkshire Hathaway Travel Protection (BHTP) expanded its national sales force by hiring Bill Miller as executive vice president – sales. He is based in Grapevine, Texas.In joining BHTP, Miller is reuniting with BHTP...

Berkshire Profit Soars; Geico, Gen Re Profits Up

Aug 4 2014 // Net income for Berkshire-Hathaway soared nearly 41 percent to $6.4 billion in second-quarter 2014, with nearly $2.0 billion of investment gains lifting the total, while underwriting profits for Berkshire-Hathaway’s...

Berkshire Hathaway GUARD Adds BOP Product in Illinois

Jul 29 2014 // Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois. The company already has an established...

Berkshire Specialty Enters Fiduciary Liability Segment, Hires Prussack as VP

Jul 28 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has entered the fiduciary liability market and named Rhonda Prussack as vice president, Fiduciary Liability, to lead the effort.According to Dan Fortin, senior vice president,...

Progressive Boosts Ad Spending But GEICO Still #1: SNL

Jul 3 2014 // Progressive Corp. boosted its advertising spending by nearly $70 million year over year to $595.4 million in 2013, the largest aggregate dollar increase among all U.S. property/casualty insurers, according to an analysis...

GEICO Appoints 5 to Officer Posts Across Country

Jul 2 2014 // GEICO has announced a number of officer appointments: Michelle Trindade, vice president of the competitive advantage leadership group at the company’s corporate offices in Chevy Chase, Maryland, Kevin Kawa, assistant...

Ratings Recap: Berkshire Hathaway Homestate, Rural Community, Imperial Fire

Jun 30 2014 // A.M. Best has affirmed the financial strength rating of ‘A++’ (Superior) and the issuer credit ratings of “aa+” of Omaha-based Berkshire Hathaway Homestate Insurance Company, and its five property...

Best Affirms GEICO and GEICO Corp. Members Ratings; Outlooks Stable

Jun 13 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), based in Chevy...