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Auto-insurer Geico reported a full-year underwriting loss of almost $1.9 billion as inflation ate into margins alongside elevated claim frequency and severity.
February 27
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The conglomerate held more than 433,000 shares of Jefferies, the New York-based investment bank, as of Sept. 30, according to a quarterly filing Monday.
November 15
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The conglomerate reported a $962 million loss on insurance underwriting in the third quarter, the worst quarterly loss in a year.
November 7 -
Pilot Co., which is owned by Berkshire Hathaway, agreed to take a stake in Kodiak Robotics Inc., a driverless truck startup.
August 25
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Warren Buffett's Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.
August 8
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Telehealth acquisition, expansion into electronic medical records and hospital supply chain disruption are contributing factors, one industry insider says.
February 5
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Jack Stoddard, a longtime healthcare executive, has been named as COO of the healthcare initiative.
September 4 -
The still-unnamed business will initially seek to develop ways to improve care for the more than 1 million individuals who get health insurance from the three firms.
June 25 -
Selection of Atul Gawande, MD, to lead the new healthcare firm will advance innovation and change, says AHIP’s Matt Eyles.
June 21 -
Atul Gawande, MD, who has written extensively about the U.S. failure to grapple with healthcare spending, will lead the new initiative.
June 20
