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GEICO is a wholly owned subsidiary of Berkshire Hathaway, which provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017. GEICO writes private passenger automobile insurance in all 50 U.S. states and the District of Columbia. The insurance agency sells policies through local agents ...
On March 25, 2011, Berkshire Hathaway made its first foray [149] into the Indian insurance sector with its non-direct subsidiary BerkshireInsurance.com. [150] [151] On February 14, 2013, Berkshire Hathaway Inc and 3G Capital announced plans to purchase H.J. Heinz Co. for $72.50 per share or $28 billion including debt. [152]
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MedPro Group. MedPro Group, formerly known as The Medical Protective Company, is a Berkshire Hathaway company and the largest provider of healthcare liability (medical malpractice) insurance in the United States. MedPro provides customized malpractice insurance, claims, and risk cover to physicians, surgeons, dentists and other healthcare ...
In 1998, General Re Corporation was acquired by Berkshire Hathaway Inc., and in 2003 General Reinsurance Corporation and Cologne Re began marketing under the brand name of Gen Re. [7] In 2009, General Reinsurance Corporation completed its purchase of Cologne Re, [8] whose name was changed to General Reinsurance AG in 2010. [9]
Every Berkshire Hathaway Investor Should Keep an Eye on This Number. Johnny Rice, The Motley Fool. September 27, 2024 at 5:21 AM. If you're invested in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK ...
Berkshire Hathaway Assurance: Insurance 100% December 1, 2007 Berkshire Hathaway Automotive Automotive 90% May 9, 2015 [15] Renamed from Van Tuyl Group: Berkshire Hathaway Energy: Utilities 92% March 26, 1999 Renamed from Mid-American Energy Holdings: BoatUS: Insurance July 27, 2007 Borsheim's Fine Jewelry: Luxury Items 100% 1989 [16] Brooks ...
That's why it was alarming when Ajit Jain, who served as Berkshire's insurance chief for nearly four decades, recently liquidated more than half of his shares for $139 million. That marked Jain's ...