All the headlines from our Berkshire Hathaway Topic Page, ordered by recency.
Sep 20 2002 // Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity of Trenwick Managing Agents’ Syndicate 839 at Lloyd’s for the 2002 year of...
Sep 16 2002 // S&P’s affirmed its “AAA”/”A-1+”counterparty credit, “A-1+” commercial paper, and “AAA” senior debt ratings on Berkshire Hathaway Inc. because of the...
May 9 2002 // Berkshire Hathaway Inc. plans to buy a portion of Kemper Insurance Companies’ business. Berkshire will buy an undisclosed equity stake in the commercial casualty and specialty insurance business of privately held...
Nov 15 2001 // In a letter to shareholders posted on Nov. 9, Warren Buffett did his best to explain to shareholders the recent unprecedented loss at Berkshire Hathaway Inc., calling the results of the third quarter “anything but...
Nov 8 2001 // Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans.Nicely...
Oct 8 2001 // In a letter to shareholders posted on his website Sept. 26, billionaire Warren Buffet warned of a recession, “probably a relatively deep and extended one, but they are part of business life and we are...
Jul 18 2001 // Seattle-based SAFECO appointed Michael LaRocco, a former vice president with GEICO, as president and chief operating officer of its $2.6-billion SAFECO Personal Insurance business. LaRocco, 44, has more than 20 years...
Feb 28 2001 // The FINOVA Group, Berkshire Hathaway and Leucadia National Corp. have entered into an agreement for a $6 billion loan to FINOVA Capital, the principal operating subsidiary of The FINOVA Group in connection with a...
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Nov 27 2000 // Warren Buffett’s Berkshire Hathaway reported third-quarter profits this year nearly doubled from 1999. Modest insurance holdings gains helped Berkshire see a 90-percent increase in net earnings for the quarter ended...
Nov 13 2000 // Warren Buffett’s Berkshire Hathaway has reported third-quarter profits this year nearly doubled those from 1999.Modest insurance holdings gains helped Berkshire see a 90-percent increase in net earnings for the...
Sep 4 2000 // Maryland-based GEICO Corp. has admitted to violating Ohio’s consumer protection laws by allowing unlicensed agents to quote rates and discuss coverage information with consumers. The auto insurer agreed to pay the...
Aug 18 2000 // Maryland-based GEICO Corp. said on Thursday it violated Ohio’s consumer protection laws by allowing unlicensed agents to quote rates and discuss coverage information with consumers. The auto insurer agreed to pay the...
Aug 14 2000 // Warren Buffett’s magic touch has gone on vacation for a spell. Berkshire Hathaway’s second quarter operating profit fell 18 percent. Much of the loss is attributed to deteriorating underwriting in its insurance...
Aug 7 2000 // The “AAA” counterparty credit and financial strength ratings on Berkshire Hathaway Insurance Group, whose members are the insurance operating subsidiaries of Berkshire Hathaway Inc. (Berkshire Hathaway), were...
Jul 10 2000 // In a statement distributed late last week, GEICO Insurance has announced it will no longer permit its advertising to appear during Laura Schlessinger’s radio program.For three weeks, the StopDrLaura.com site urged...
Jun 26 2000 // GEICO and Liberty Mutual Insurance companies have agreed with Texas Attorney General John Cornyn to return nearly $600,000 deducted from Texas policyholder claims when damaged auto parts were replaced by newer parts. Under...
May 25 2000 // GEICO Insurance Co. has teamed with Manhattan-based CarroSELL, unveiling a new advertising campaign on airport baggage carrousels in New York, Dallas/Fort Worth and Honolulu. CarroSELL pioneered the medium last year and...
Feb 4 2000 // Countrywide Credit Industries, Inc., a residential finance corporation, announced it has an agreement with National Indemnity Company, an insurance subsidiary of Berkshire Hathaway Inc.The agreement will provide...