All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Oct 17 2022 // Warren Buffett’s Berkshire Hathaway Inc. and Alleghany Corp. announced that all regulatory approvals relating to the proposed $11.6 billion acquisition of Alleghany by Berkshire Hathaway have been received.The deal...
Sep 27 2022 // This edition of International People Moves details appointments at AXA XL Insurance and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. AXA XL Taps SCOR’s Croese for Energy...
Aug 8 2022 // The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss.Berkshire...
Aug 1 2022 // GEICO is closing all of its offices in California, according to reports.The company shut down all of its 38 offices in the state and hundreds of GEICO workers are being laid off, the news website SFGate is reporting....
Jul 19 2022 // With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners in unprofitable territory last year, prompting carriers to respond with pricing and underwriting...
Jul 18 2022 // When Warren Buffett told Berkshire Hathaway investors that State Farm continues to dominate the large auto insurance carrier landscape during this year’s annual meeting, he was referring to scale rather than customer...
Jun 22 2022 // A federal judge ruled that Dairy Queen cannot stop W.B. Mason Co from selling “Blizzard” bottled spring water, the same name the unit of Warren Buffett’s Berkshire Hathaway Inc BRKa.N uses for a popular...
Jun 14 2022 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has introduced a proprietary directors & officers insurance policy in France.“Our new D&O liability policy provides companies and their management...
Jun 9 2022 // Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway’s offer to buy the company for $11.6 billion.“We are pleased our stockholders have overwhelmingly voted to support this...
Jun 2 2022 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has further expanded its presence in Europe with an office in Lyon, France.“As we continue to grow steadily across Europe, the time is right to expand with...
May 4 2022 // Shareholders attending Berkshire Hathaway’s annual meeting on Saturday had questions about what will happen to the conglomerate when Chairman Warren Buffett is no longer around to lead it. They also wanted to know...
May 3 2022 // Several rail cars caught fire after at least 11 cars of a BNSF train derailed near Burlington, North Dakota early Sunday, but no injuries were reported.The railroad said in a statement that the train derailed between Minot...
Apr 22 2022 // Estée Lauder’s Burrell Joins GEICO as Chief Marketing OfficerInsurer GEICO announced Damon Burrell has joined the company as chief marketing officer. Burrell will oversee all of GEICO’s marketing efforts....
Apr 8 2022 // Relation Insurance Services announced it acquired the assets of Louisiana-based BRK Insurance Group. Terms of the transaction were not disclosed. BRK provides employee benefits and commercial lines insurance solutions to...
Mar 21 2022 // Warren Buffett’s Berkshire Hathaway said it reached an agreement with Alleghany Corp. to buy the New York-based property and casualty insurer for about $11.6 billion.Omaha, Nebraska-based Berkshire will acquire all...
Mar 15 2022 // The share price of Warren Buffett’s Berkshire Hathaway Inc. reached $500,000 for the first time on Monday, reflecting the company’s status as a defensive stock in a market unsettled by events in Ukraine and...
Mar 1 2022 // The United States Court of Appeals for the Fifth Circuit affirmed a district court’s denial of class certification to a group of Louisiana GEICO customers who allege the insurer’s proprietary valuation system...
Feb 28 2022 // Although Berkshire Hathaway’s biggest insurance operation GEICO reported a 63 percent drop in pretax underwriting income in 2021, overall the conglomerate’s insurance and reinsurance operations saw pretax...
Feb 18 2022 // In a case that went all the way to the federal appeals court level, a panel of judges has found that GEICO General Insurance adequately investigated a Florida claim after an insured motorist killed a cyclist, and did not...
Jan 11 2022 // Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.’s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further strategic alignment between the two companies.In separate...