Berkshire Hathaway Completes Sale of Applied Underwriters

MGAs insurance companies

Billionaire Warren Buffett’s company has completed the sale of one of its smaller insurance companies. Berkshire Hathaway said in a filing with the Securities and Exchange Commission Tuesday it has sold Applied Underwriters, which sells workers’ compensation insurance. Buffett said in February he agreed to take the unusual step of selling Applied Underwriters because it’s… Continue reading Berkshire Hathaway Completes Sale of Applied Underwriters

Feds Say Couple Scammed Berkshire Hathaway for Millions

Handcuffs on a pile of US dollar banknotes- symbolic image of a bribe, laundering of money or corruption. Selective focus.

Jeff Carpoff had a lot to celebrate as friends and business associates gathered at his company’s Christmas party last year. The one-time auto mechanic and his wife, Paulette, had started a solar company about a decade earlier that was doing remarkably well — so well that it could count Warren Buffett’s Berkshire Hathaway Inc. as… Continue reading Feds Say Couple Scammed Berkshire Hathaway for Millions