Berkshire Hathaway News
Berkshire Hathaway Accused of ‘Reverse Ponzi Scheme’ in Workers Compensation Suit
Berkshire Hathaway Inc. duped a New York bicycle courier company into paying for a workers' compensation plan that diverted premiums into the insurer's own subsidiaries in violation of state laws, ...
GEICO Gains Helped Boost Berkshire Hathaway Q2 Profit 25%
Warren Buffett's Berkshire Hathaway Inc. said second-quarter profit rose 25 percent on earnings from newly acquired manufacturing businesses and improved results at insurance operations. Net income ...
Berkshire Hathaway Reportedly Draws Federal Scrutiny of Wells Fargo Investment
Warren Buffett's Berkshire Hathaway Inc. is well known as a tapestry of modern capitalism for its ownership of dozens of companies and investments in dozens more. Now that interconnected web is ...
Berkshire Hathaway Acquisition Could Spur More Medical Professional Liability M&A
Berkshire Hathaway's plan to purchase a medical professional liability insurer specialty writer may have greater implications for the sector at large. Fitch Ratings said the M&A agreement will ...
Berkshire Hathaway Snatches Up New York Medical Liability Insurer
Berkshire Hathaway subsidiary National Indemnity Company is snatching up Medical Liability Mutual Insurance Company for an undisclosed price. The deal will close in the 2017 third quarter, pending ...
Warren Buffett Gives $2.86B to Gates Charity, Four Others
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, has donated another roughly $2.86 billion of his holdings in the company's stock to the Bill & Melinda Gates Foundation and ...
Buffett’s Berkshire Hathaway Seeks Greater Wells Fargo Stake
Warren Buffett's Berkshire Hathaway Inc. applied to the Federal Reserve for approval to expand its stake in Wells Fargo & Co. after reaching the 10 percent threshold that requires regulatory ...
Berkshire’s Workers Comp Business Faulted by Calif. Regulator
California's insurance commissioner on Monday said a Berkshire Hathaway Inc. insurance business evaded a state law designed to protect small businesses from unexpected workers compensation costs. ...