In a 13F filing, Berkshire Hathaway (BRK-A, BRK-B) reported a $6.7B stake in Chubb Limited (CB) and eliminated its stake in HP Inc. (HPQ). Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development for Berkshire Hathaway and what it means for the companies involved moving forward. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Auto insurer costs have exceeded revenue from premiums for three years straight. Blame fancy cars and reckless drivers.
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory filings.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketUS Inflation Ebbs for First Time in Six Months in Relief for FedS&P 500 Tops 5,300 in Record-Breaking Stock Rally