For decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has captured the attention of investors with its ability to deliver crushing market returns. Under the leadership of CEO Warren Buffett, the ...
Warren Buffett hints at retirement as Greg Abel steps up. Explore GEICO's challenges, Progressive's rise, and investment ...
Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many" who "get the short straws in life." ...
Berkshire Hathaway’s operating earnings grew sharply in 2024. After a ninth straight quarter of selling stocks, Warren Buffett’s cash hoard is above $334 billion.
In his annual shareholder letter, Buffett said Berkshire outpaced his expectations, and singled out Geico Chief Executive Todd Combs for improving the car insurer's underwriting while cutting costs.
Berkshire earned $9 billion in 2024 from insurance underwriting, a 66% increase from $5.4 billion in 2023. “In five years, Todd Combs has reshaped GEICO in a major way, increasing efficiency and ...
The investor touched on Berkshire's tax payments and urged the government to spend wisely. Buffett applauded Todd Combs for turning around GEICO and praised Greg Abel's decisiveness. Warren ...
In 2024, Berkshire posted operating earnings of $47 billion, with its insurance businesses playing a big role. Under CEO Todd Combs, GEICO has modernized its underwriting practices and earned ...
Berkshire isn't showing any signs of slowing ... GEICO's performance has been improving under the leadership of Todd Combs, who became CEO in 2020. Since his appointment, the company has ...