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." ...

Warren Buffett hints at retirement as Greg Abel steps up. Explore GEICO's challenges, Progressive's rise, and investment ...

Under CEO Todd Combs, GEICO has modernized its underwriting practices and earned praise from Buffett. With a background in insurance, Combs is one of a few promising future leaders for Berkshire ...

Todd Combs, and Virginia Rometty for “breaches of fiduciary duties and prohibited transactions under the Employee Retirement Income Security Act….” More precisely, the suit notes that this case ...

In Warren Buffett's latest annual letter to shareholders, he offered one of the more direct (and chilling) assessments of how ...

Berkshire Hathaway manager Todd Combs appears to have borrowed from Elon Musk’s cost-cutting playbook in his turnaround efforts at auto insurer Geico, which had record underwriting profits in 2024.

The stock market is off to a rough start in 2025, with the S&P 500 and Nasdaq Composite tumbling into correction territory, ...

“In five years, Todd Combs has reshaped GEICO in a major way, increasing efficiency and bringing underwriting practices up to date,” Buffett said. Berkshire added to its cash position while it ...

Thanks to GEICO's turnaround under CEO Todd Combs, insurance underwriting revenue jumped from $5.4 billion to $9 billion. With $26.8 billion in corporate taxes paid in 2024, Berkshire made the ...

GEICO's performance has been improving under the leadership of Todd Combs, who became CEO in 2020. Since his appointment, the company has implemented telematics and enhanced its models.