Berkshire Hathaway’s Buffett Talks Nuclear Risk and Tribalism May 10, 2022 By Susanne Sclafae Shareholders attending Berkshire Hathaway’s annual meeting on Saturday had questions about what will happen to the conglomerate when Chairman Warren...
Berkshire’s $11.6B Alleghany Deal Expands Insurance Business March 22, 2022 By Michelle Chapman and Josh Funk Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that...
Montana Court Upholds Most Points in Ruling That Cost Insurer $98M for Libby Mine Claims November 24, 2021 By Jim Sams The Montana Supreme Court upheld all but one point in a ruling that requires Berkshire Hathaway’s National Indemnity Co. to...
Chemical Fire Draws Illinois National Guard; Locals Evacuate June 15, 2021 By Sergio Chapa and Shruti Date Singh A massive fire at a chemical plant in northern Illinois spurred the governor to deploy the National Guard to the...
Warren Buffett’s Duracell Sues Energizer Over Battery Life Claims September 9, 2020 By Jonathan Stempel NEW YORK — Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc, sued the maker of Energizer batteries on...
Auto Claims Climbed with Summer Reopenings, but Dropping Again as Virus Rages July 27, 2020 By Jim Sams The sharp reduction in personal auto claims that followed COVID-19 shutdown orders began to fade away after the Memorial Day...
Buffett’s Geico Offers $2.5 Billion Credits as Coronavirus Cuts Driving April 8, 2020 By Jonathan Stempel Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of...
Owner’s Latest Claim for Damaged Yacht Hits Shoal in Federal Appellate Court December 20, 2019 By Jim Sams James Shackleford paid $120,000 for a 65-foot sailboat in 2009, hoping to fix up the vessel and one day sail...
Aviation Industry Expects Double-Digit Premium Hikes After 737 MAX Grounding September 20, 2019 By Allison Lampert and Suzanne Barlyn The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers...
GEICO Gets Progressive, Joins Auto Insurers Offering Telematics August 15, 2019 Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting...