Berkshire Hathaway

Berkshire Hathaway HomeServices Announces Expansion in Arkansas

Retrieved on: 
Monday, January 29, 2024
Other Construction & Property, Residential Building & Real Estate, Architecture, Construction & Property, Dream, HomeServices of America, Berkshire Hathaway, Executive Committee, Trust, Commerce, Culture, Veteran, National Association, Entrepreneurship, Robin, Miller, Little Rock, Arkansas

Berkshire Hathaway HomeServices , a global residential real estate brokerage franchise network, is pleased to announce its expansion in the United States with the launch of Berkshire Hathaway HomeServices Arkansas Realty .

Key Points: 
  • Berkshire Hathaway HomeServices , a global residential real estate brokerage franchise network, is pleased to announce its expansion in the United States with the launch of Berkshire Hathaway HomeServices Arkansas Realty .
  • Spearheading the company is Robin J. Miller, who has more than 35 years of experience in the central Arkansas real estate market.
  • “We are delighted to welcome Robin J. Miller and her team to Berkshire Hathaway HomeServices,” said Christy Budnick, CEO, Berkshire Hathaway HomeServices.
  • “Berkshire Hathaway HomeServices is a company that I respect and trust,” said Robin J. Miller, CEO/Broker/Owner, Berkshire Hathaway HomeServices Arkansas Realty.

AM Best Affirms Credit Ratings of Alleghany Corporation and Its Affiliates

Retrieved on: 
Thursday, January 25, 2024
Insurance, Professional Services, Credit, Berkshire Hathaway, ALL, FSR, Long-Term Capital Management, Risk management, Alleghany Corporation, TransRe, Superior, News, AM Best, Security (finance)

In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of “a+” (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc.

Key Points: 
  • In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of “a+” (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Keller Rohrback L.L.P.: Portland Jury Awards $85M Judgment to 9 Victims of Labor Day 2020 Fires in First PacifiCorp Damage Phase Trials

Retrieved on: 
Wednesday, January 24, 2024
Class Action Lawsuit, Professional Services, Legal, Livestock, Wildfire, World War II, Berkshire Hathaway, Trauma, Multnomah County Circuit Court, Survivor, Chicken, Camp, History, PacifiCorp, Court, Keller Rohrback, Labour, Fire, Silviculture

A jury in Portland, Oregon awarded approximately $84 million in compensation from PacifiCorp to nine survivors of the fires that swept across Oregon on Labor Day 2020.

Key Points: 
  • A jury in Portland, Oregon awarded approximately $84 million in compensation from PacifiCorp to nine survivors of the fires that swept across Oregon on Labor Day 2020.
  • Through three days of testimony, the victims of the Labor Day Fire recounted the horrific stories of fleeing the fires and the losses they suffered.
  • “We are committed to getting as much compensation as possible for Labor Day fire survivors as expeditiously as possible.
  • We thank the jury for holding PacifiCorp accountable,” said Cody Berne , lead trial attorney for Stoll Berne in the case.

Berkshire Hathaway Specialty Insurance Names Fiona Merton as Head of Customer and Broker Engagement, UK

Retrieved on: 
Monday, January 29, 2024
Insurance, Professional Services, Customer, Head, Berkshire Hathaway, Plymouth Meeting, Pennsylvania, Standard, 4th floor, Health, Designated activity company, 2nd Floor, Business, Travel, National Indemnity Company, Registered office, AM Best

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Fiona Merton as Head of Customer & Broker Engagement, UK.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Fiona Merton as Head of Customer & Broker Engagement, UK.
  • The position was previously held by Mark Walker, who was recently named Head of National Business, UK, at BHSI.
  • “Fiona’s immense talent for team and relationship-building will be an invaluable asset in BHSI’s collaborative culture,” said Nick Major, Country Head, BHSI, UK.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Prosperity Home Mortgage Recognized for Overall Customer Satisfaction by J.D. Power

Retrieved on: 
Wednesday, January 24, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, Asset Management, Big data, Artificial intelligence, HomeServices of America, Berkshire Hathaway, Consultant, Multimedia, Insurance, Intelligence, Consumer, J.D. Power, Berkshire Hathaway Energy, Real estate

Prosperity Home Mortgage, LLC (“Prosperity”), one of the nation’s leading full-service mortgage bankers specializing in residential and refinance loans, today announced their first appearance in the J.D.

Key Points: 
  • Prosperity Home Mortgage, LLC (“Prosperity”), one of the nation’s leading full-service mortgage bankers specializing in residential and refinance loans, today announced their first appearance in the J.D.
  • Power 2023 U.S. Mortgage Origination Satisfaction Study SM .
  • Prosperity Home Mortgage, LLC is a full-service mortgage banker specializing in residential and refinance loans and a subsidiary of HomeServices of America, a Berkshire Hathaway Affiliate.
  • Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years.

Berkshire Hathaway Specialty Insurance Welcomes Jess Au as Head of General Property in Asia

Retrieved on: 
Monday, January 22, 2024
Commercial Building & Real Estate, Construction & Property, Professional Services, Insurance, Region, Head, Berkshire Hathaway, Plymouth Meeting, Pennsylvania, Standard, Health, NTU, Travel, Nanyang Technological University, AM Best, Jess

Berkshire Hathaway Specialty Insurance (BHSI) today announced that Jess Au has joined the company as Head of General Property in Asia.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that Jess Au has joined the company as Head of General Property in Asia.
  • “Jess takes the reins of our general property portfolio with more than 20 years of experience in Asia.
  • Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.
  • In the Asia Middle East region, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company, which holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s.

Archer Continues Attracting Top Talent From Across Aviation Industry; Hires Two Leaders From Wheels Up and Delta Air Lines to Support Its Entry Into Service in 2025

Retrieved on: 
Friday, January 19, 2024
Automotive Manufacturing, EV, Electric Vehicles, Aerospace, Automotive, Technology, Manufacturing, Drones, Air, Transport, Other Technology, Alternative Vehicles, Fuels, Senior, NetJets, Aviation, Wheel, Berkshire Hathaway, Venture, Life, Multimedia, Delta Air Lines, Atmosphere of Earth, Delta Air, Sterling, AAM, Delta, Travel, Aircraft, Advanced Air Mobility, ACHR, Airline

Long-time private aviation executive, Miles Rogers, has joined Archer as its Senior Vice President, Head of Marketing, and Sterling Gerdes has joined Archer as its Product Lead for Vertiport Experiences.

Key Points: 
  • Long-time private aviation executive, Miles Rogers, has joined Archer as its Senior Vice President, Head of Marketing, and Sterling Gerdes has joined Archer as its Product Lead for Vertiport Experiences.
  • Sterling Gerdes comes to Archer after spending over seven years at Delta Air Lines focused on bringing new products to customers including overseeing its early Advanced Air Mobility strategy.
  • Their combined experience and skills will be integral to Archer’s commercialization efforts as the company readies for its Midnight electric air taxi’s planned entry into service in 2025.
  • Prior to that, he held various leadership roles at Delta including in AI & Innovation Strategy.

NetJets' sterling safety record at risk as Fractional threatens litigation against its Pilot Union

Retrieved on: 
Friday, January 26, 2024
Aircraft, Aviation, Berkshire Hathaway, Partnership, Fatigue, Documentation, NetJets, Warren Buffett, History, Behavior, Fraction, Travel, Safety, COVID-19, Letter, Marketing, Union, Atmosphere, Airline

COLUMBUS, Ohio, Jan. 26, 2024 /PRNewswire/ -- NetJets Aviation, Inc., a subsidiary of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A), recently alleged that by documenting maintenance issues on NetJets aircraft, its pilots were deliberately engaging in a work slowdown. The company also accused its pilots, in a letter to the NetJets Association of Shared Aircraft Pilots (NJASAP) on Jan. 15, of purposely calling in fatigued more frequently as part of the alleged slowdown. NJASAP is the union that represents the 3,200-plus pilots who fly in the service of NetJets.

Key Points: 
  • NJASAP is the union that represents the 3,200-plus pilots who fly in the service of NetJets.
  • When pilots are afraid to document maintenance issues, air travel becomes less safe.
  • "In the event of the unthinkable, pilot decision making and fitness for duty will be matters of intense scrutiny," Leroux said.
  • As 2024 begins, the blame for those continuing challenges has found a new source: the NetJets pilot group.

NetJets threatens litigation over alleged slowdown

Retrieved on: 
Friday, January 19, 2024
Berkshire Hathaway, Member, Fatigue, Warren Buffett, Behavior, Fraction, Communication, NetJets, Aircraft, Transport, Letter, Union, Airline

COLUMBUS, Ohio, Jan. 19, 2024 /PRNewswire/ -- This week, NJASAP, the independent labor union representing the 3,200-plus pilots who fly for NetJets, received a letter from NetJets counsel alleging, among other things, that the Union had condoned or encouraged pilots to engage in a work slowdown in an attempt to negatively impact the Fractional's operations. A subsidiary of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A), NetJets Aviation Inc. is the premier provider of luxury private air transportation.

Key Points: 
  • A subsidiary of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A), NetJets Aviation Inc. is the premier provider of luxury private air transportation.
  • NJASAP adamantly denies NetJets's allegation that pilots are engaged in an unlawful slowdown.
  • Specifically, NetJets has alleged pilots were "spiking" fatigue rates, increasing the frequency of documenting maintenance issues on aircraft and refusing to voluntarily extend their duty days.
  • The company issued this demand while, once again, failing to identify a single pilot who engaged in any of the alleged conduct.

Berkshire Hathaway Completes Acquisition of Remaining Interest in Pilot Travel Centers LLC

Retrieved on: 
Tuesday, January 16, 2024
Other Energy, Other Retail, Professional Services, Utilities, Energy, Retail, Rail, Engineering, Insurance, Transport, Finance, Manufacturing, Pilot Flying J, Berkshire Hathaway, Pilot Corporation

(BRK.A; BRK.B) – Pursuant to the terms of a settlement agreement reached with Pilot Corporation, Berkshire Hathaway Inc. has acquired Pilot Corporation’s remaining 20% interest in Pilot Travel Centers LLC effective today. Berkshire Hathaway now owns 100% of Pilot Travel Centers.

Key Points: 

(BRK.A; BRK.B) – Pursuant to the terms of a settlement agreement reached with Pilot Corporation, Berkshire Hathaway Inc. has acquired Pilot Corporation’s remaining 20% interest in Pilot Travel Centers LLC effective today. Berkshire Hathaway now owns 100% of Pilot Travel Centers.