Berkshire Insurance Units Slump in Q2

Warren Buffett’s Berkshire Hathaway Inc. posted second-quarter profit that missed analysts’ estimates because of higher claims costs at insurance units including Geico. Net income dropped 37 percent to $4.01 billion, or $2,442 a share, from $6.4 billion, or $3,889, a …

The article Berkshire Insurance Units Slump in Q2 appeared first on Insurance Journal.

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