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By Mark E. Ruquet, PropertyCasualty360.com |
May 2, 2012
Bank holding company insurance-brokerage-fee income rose more than 9 percent last year compared to 2010, reaching record levels of close to $8 billion, according to a recent report measuring bank-insurance activity.
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By Josh Funk, AP Business Writer |
March 14, 2012
A group of Berkshire Hathaway investors from the AFL-CIO wants to require the company to reveal Warren Buffett's successor.
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By Mark E. Ruquet |
February 16, 2012
Insurance-brokerage fees for bank-holding companies were up more than 14 percent over the first three quarters of 2011, but the two major bank-owned P&C brokers saw their fees drop over the period.
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By Mark E. Ruquet, PropertyCasualty360.com |
November 8, 2011
Insurance fee income for bank holding companies set a new record in the second quarter of this year, rising more than 9 percent, according to the Michael White-Prudential Bank Fee Income Report.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 17, 2011
San Francisco-based Wells Fargo & Co. says 2011 third-quarter income in its insurance-services segment improved 7 percent on a year-over-year basis, but dropped 26 percent on a quarter-to-quarter basis.
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By Associated Press |
September 12, 2011
Berkshire Hathaway has hired a second hedge fund manager to help run the company's investment portfolio and prepare for what it described as the eventual retirement of 81-year-old billionaire Warren Buffett.
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By Josh Funk, AP Business Writer |
July 8, 2011
Berkshire Hathaway Chairman and CEO Warren Buffett said Thursday Congress is playing a dangerous game by considering not raising the U.S. debt ceiling.
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By Staff Writer |
July 8, 2011
Wells Fargo Insurance Services says it has acquired EDIFY, LLC, an employee-benefits consulting firm based in Fort Lauderdale, Fla.
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By Josh Funk, AP Business Writer |
June 13, 2011
An anonymous bidder agreed Friday to pay more than $2.6 million for a lunch with billionaire investor and Bershire Hathaway CEO Warren Buffett.
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By Josh Funk, AP Business Writer |
June 6, 2011
Paying more than $1 million for lunch may seem excessive, but when the price includes a private audience with revered investor Warren Buffett some people think it's worth it.