Latest Berkshire Hathaway Headlines

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

GEICO AND GOOGLE SETTLE:

Sep 19 2005 // Google Inc. has settled the last part of a lawsuit that alleging that its online search engine advertising system illegally exploited insurer Geico Inc.’s brand. Geico stated simply that the case filed in the U.S....

Berkshire Hathaway’s Buffett Tops Most Underpaid Industry CEO List

Sep 13 2005 // Berkshire Hathaway Inc.’s Warren Buffett, whose $100,000 base salary long ago became uncompetitive with his peers, ranked as the most undercompensated executive in the industry, according to a new study of 2004...

Berkshire Hathaway and GE Complete Medical Protective Transaction

Jul 5 2005 // Omaha, Neb.-based Berkshire Hathaway and Kansas City, Mo.-based General Electric announced that GE Insurance Solutions’ sale of Medical Protective Corporation to Columbia Insurance, a unit of Berkshire Hathaway,...

Keynote: Auto Insurance Web Sites Main Consumer Source for Quotes

May 24 2005 // New competitive intelligence from Keynote Systems, The Internet Performance Authority, reported that the Web is the primary resource for auto insurance consumers with 87 percent visiting sites with the intention of...

Fitch Gives Berkshire Hathaway New $1.5B Debt ‘AAA’; Negative Outlook

May 12 2005 // Fitch Ratings has assigned ‘AAA’ ratings to two new issues of debt from Berkshire Hathaway Finance Corporation (BHFC), a wholly owned subsidiary of Berkshire Hathaway Inc. (Berkshire).The newly rated debt...

GE Med-Mal Unit Sold to Berkshire’s National Indemnity; S&P, Best Comment

May 9 2005 // In a joint bulletin General Electric and Berkshire Hathaway announced that GE Insurance Solutions has entered into a letter of intent for the sale of Medical Protective Corporation (MedPro), a professional liability...

Finite Reinsurance Probes Appear Infinite

May 9 2005 // Investigators’ interest in finite reinsurance transactions goes well beyond the five-year old agreement between American International Group and Berkshire Hathaway’s General Re that has been targeted by New...

Fitch Moves Berkshire Hathaway’s Outlook to Negative

Apr 19 2005 // Fitch Ratings has revised the Rating Outlook to Negative from Stable on the ‘AAA’ long-term issuer and unsecured senior debt ratings of Berkshire Hathaway Inc. (Berkshire) and its wholly-owned subsidiary GEICO...

How to Float to the Top and Other Words of Wisdom

Apr 4 2005 // Berkshire Hathaway’s Buffett on Insurance Economics, 2004 ResultsBy Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s...

Berkshire Hathaway’s Buffett Responds to Press Reports Over General Re and Other Probes

Mar 30 2005 // Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett has acknowledged that he will voluntarily speak with investigators next month while also moving to correct several press reports concerning the ongoing...

Berkshire Hathaway Chairman Warren Buffett on Insurance Economics and 2004 Results

Mar 8 2005 // By Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s book-value gain of 10.5% fell short of the S&P 500 Index’s 10.9%...

Warren Buffett Praises N.J. Auto Insurance Market Turnaround and Outgoing Chief Bakke

Mar 7 2005 // Star mogul Warren E. Buffett loves New Jersey, at least its auto insurance market.In his annual letter to shareholders of Berkshire Hathaway Inc. of which he is chairman, Buffett has high praise for the turnaround in the...

General Re Receives Subpoena from N.Y. AG

Jan 7 2005 // General Re Corporation, a subsidiary of Warren Buffett’s Berkshire Hathaway Inc., announced the company has received a subpoena from the New York State Attorney General for documents and information relating to...

GEICO TO CUT N.Y. RATES:

Jan 3 2005 // New York Superintendent of Insurance Gregory Serio announced that GEICO auto insurance customers will see an across-the-board rate reduction in 2005 resulting in a savings of 6 percent for a typical policyholder....

N.Y. Insurance Department to Approve 6% Auto Rate Drop for GEICO Customers

Dec 16 2004 // New York Superintendent of Insurance Gregory Serio announced on Thursday that GEICO auto insurance customers in New York State will see an across-the-board rate reduction in 2005 resulting in a savings of 6 percent for a...

Judge Offers Decision in GEICO, Google Dispute

Dec 15 2004 // The use of the GEICO trademark to trigger Google paid ads that include the GEICO name reportedly violate the federal trademark laws. The judge presiding over the lawsuit filed by GEICO against Google Inc. ruled Wednesday...

GEICO Expansion Creates Jobs in Buffalo

Sep 14 2004 // Last month, New Jersey state officials announced that GEICO is now selling private passenger automobile insurance in the state through the company’s Web site, geico.com. This was good news not only for New Jersey...

MARYLAND UPHOLDS PIP WAIVER:

Aug 23 2004 // A Maryland appeals court has upheld a 2003 circuit court decision by maintaining that personal injury protection (PIP) waivers remain effective until withdrawn in writing. The Property Casualty Insurers Association of...

GEICO Returns to N.J. Auto Market

Aug 16 2004 // New Jersey state officials this morning announced that GEICO has “good news” for state residents. Beginning today GEICO will be selling private passenger automobile insurance in the state.“This is a very...

Md. Appeals Court Backs Insurer in PIP Waiver Case

Aug 3 2004 // A Maryland appeals court has upheld a 2003 circuit court decision by maintaining that personal injury protection (PIP) waivers remain effective until withdrawn in writing. The Property Casualty Insurers Association of...