All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Nov 10 2008 // Warren Buffett’s Berkshire Hathaway Inc. said Friday third-quarter profit fell 77 percent, the fourth straight quarterly decline, hurt by weaker results from insurance underwriting and a big loss on derivatives...
Oct 29 2008 // In Virginia, drivers who are full time students between the ages of 16 and 24 could be eligible for a 10-15 percent discount from GEICO.The insurer said its discount applies if the teens meet any of these requirements: B...
Sep 24 2008 // Billionaire investor Warren Buffett said Wednesday his Berkshire Hathaway Inc. insurance and investment company would consider buying some units from American International Group Inc., the insurer bailed out by the U.S....
Sep 1 2008 // One of New York state’s largest auto insurers, GEICO, agreed to drop two requests for rate hikes after a plea by the state’s top regulator to consider the effect of high gas prices on customers’ driving...
Aug 11 2008 // Omaha, Neb.-based Berkshire Hathaway Inc. reported an 8 percent decline in second-quarter profit as of Friday, Aug. 8 because it collected fewer insurance premiums and recorded $1 billion in unrealized derivative...
Aug 7 2008 // One of New York state’s largest auto insurers, GEICO, agreed to drop two requests for rate hikes after a plea by the state’s top regulator to consider the effect of high gas prices on customers’ driving...
Aug 1 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have both reacted positively to The Hanover Insurance Group’s (THG) announcement that has reached agreement to sell its remaining run-off life insurance...
Jul 31 2008 // Florida will pay $224 million to Berkshire Hathaway Inc. for a guarantee that the state can borrow up to $4 billion if necessary to help cover future losses by its emergency hurricane insurance fund.Gov. Charlie Crist and...
Jul 14 2008 // It’s a bear market for Warren Buffett’s Berkshire Hathaway Inc., too.The shares of the billionaire’s insurance and investment company have dropped more than 20 percent from their most recent peak, the...
Jun 16 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Berkshire Hathaway Homestate Companies and its six P/C group...
May 7 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AAA’ counterparty credit, ‘A-1+’ commercial paper, and ‘AAA’ senior unsecured debt ratings on Berkshire Hathaway Inc....
May 7 2008 // An 85-year-old Buxton, Maine man’s lawsuit against the motorist he blamed for his wife’s death has ended in a settlement totaling more than $500,000, but whether the widower ever collects the money remains to...
May 5 2008 // Warren Buffett’s Berkshire Hathaway Inc. said Friday that first- quarter profit tumbled 64 percent, hurt by losses tied to derivatives contracts and a steep slide in insurance premiums.Net income for the Omaha,...
May 5 2008 // New Jersey insurers using education and employment to rate drivers for risk are justified in doing so and the practice does not amount to racism or classism, according to a new, 581-page report released by Garden State...
May 2 2008 // Few 77-year-olds could hold thousands of people in rapt attention for five hours. Sean Connery, maybe; Clint Eastwood, perhaps.Warren Buffett? Definitely. Buffett will be the center of attention on Saturday (May 3) at the...
Apr 25 2008 // New Jersey insurers who use education and employment to rate drivers for risk are justified in doing so and the practice does not amount to racism or classism, according to a new, 581-page report released by Garden State...
Apr 14 2008 // Billionaire Warren Buffett’s new municipal bond insurance company Friday won the top “AAA” rating from Standard & Poor’s Ratings Services, which cited the venture’s nearly $1 billion...
Apr 14 2008 // Standard & Poor’s Ratings Services has assigned its ‘AAA’ financial strength and financial enhancement ratings to Berkshire Hathaway Assurance Corp. (BHAC). S&P also assigned its...
Mar 18 2008 // To no one’s surprise A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of Government Employees Group (GEICO) and its...
Mar 11 2008 // Jake Garn, chief financial examiner of the Utah Insurance Department, announced that the department issued a Certificate of Authority to Berkshire Hathaway Assurance Corp. The company is authorized to sell insurance in...