News: Industry News

Berkshire Hathaway GUARD Now Offering Accountants Professional Liability in PA

July 23, 2020

Berkshire Hathaway GUARD Insurance Companies recently announced it added Pennsylvania to the list of states where the insurer offers its Accountants Professional Liability product. “We continue to expand our portfolio to supply our network of independent agents with quality products that enable them to grow,” said Sy Foguel, Berkshire Hathaway GUARD CEO. “In 2016, we […]

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Berkshire Hathaway GUARD Adds Missouri, Washington, Wisconsin for Home Coverage

July 17, 2020

Berkshire Hathaway GUARD Insurance Companies has added Missouri, Washington and Wisconsin to the list of states where the insurer offers its homeowners insurance product. With the expansion to the three new states, the company offers personal lines products in 15 states. GUARD’s product targets dwellings valued over $75,000 and includes one- to four-family residences, renters […]

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AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies’ Members

March 27, 2020

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement. These companies are members of Berkshire Hathaway GUARD Insurance Companies […]

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Smart Choice Puts Carrier Spotlight on Berkshire Hathaway GUARD

January 3, 2020

Smart Choice Magazine recently published its 25th Anniversary issue. As part of this special issue celebrating 25 years of agency and carrier partnerships, Smart Choice highlighted Berkshire Hathaway GUARD in its Carrier Spotlight. The Carrier Spotlight gave us an opportunity to talk about our favorite aspects of working with Smart Choice, the unique products we […]

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Berkshire Hathaway GUARD Takes on Distracted Driving in Commercial Fleets

July 23, 2019

The number of auto accidents is increasing, according to National Highway Traffic Safety Administration data. Carriers are looking for ways to mitigate risk, and many are turning to technologies to help their insureds better manage their fleet and offering capabilities to improve driver safety.

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Factors Affecting Workers Compensation Insurance Efficiency and Cost

May 31, 2019

Berkshire Hathaway GUARD’s Allan Kerin, Chief Actuary and Executive Vice President, wrote an article entitled “Workers Compensation Pricing Perspectives: Factors Affecting Workers Compensation Insurance Efficiency and Cost” for the May 31, 2019 edition of The Standard. The Standard is one of the most respected publications in the insurance industry and, in the article, Kerin shares his expertise on Workers Compensation pricing and the factors driving recent rate reductions.

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The secret behind Berkshire Hathaway GUARD Insurance Companies’ growth

March 21, 2019

Insurers searching for the best tried-and-tested methods to scale their business need look no further than Berkshire Hathaway GUARD Insurance Companies, a fast-growing trailblazer in the US insurance market. Since its founding in 1983, GUARD companies have gone from strength to strength and today…the business stands as a prominent subsidiary of Berkshire Hathaway….

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Triple+ and GUARD Partner on Smart Water Leak Prevention Pilot Project

February 28, 2019

Triple+, a leader in IoT technology solutions for water leak damage prevention, has announced a pilot project with Berkshire Hathaway GUARD Insurance Companies. Water damage is the second most common insurance property claim in the US after hail and wind damage, and billions of dollars are spent in claims and repairing damages annually. GUARD aims to reduce these costs for customers and the company through the utilization of unique end-to-end water leak damage prevention systems. In the pilot project, GUARD will offer new and existing customers Triple+ product lines at discounted prices.

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A Well-Oiled Machine – Berkshire Hathaway GUARD shifts gears smoothly to drive costs down and profits up

December 28, 2018

It’s a long way from Wilkes-Barre, Pennsylvania, to Tel Aviv, the business capital of Israel, and it’s a journey Sy Foguel made many times while assuming the top post at the Berkshire Hathaway GUARD Insurance Companies. Since accepting the position in 2007, Foguel has combined sound actuarial principles with an unerring market sense to produce results that are nothing short of astonishing. . . . Let’s find out how Foguel and his executive team have been blazing trails and breaking records as they build out their portfolio of products.

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GUARD Adds Miscellaneous Professional Liability; CEO Foguel Discusses Expansion

October 28, 2016

Berkshire Hathaway GUARD Insurance Companies has begun offering a Miscellaneous Professional Liability policy in New Jersey with expansion into a half dozen more states targeted by year-end 2016. This new product is the latest development in an expansion plan kicked off in 2013. GUARD CEO and President Sy Foguel explains, “Our vision has been to become a one-stop shop for commercial insurance. To achieve this goal, we implemented several strategies.” Foguel indicates that the first step was to write workers’ compensation coverage in all 46 non-monopolistic states plus the District of Columbia – a benchmark achieved in the spring of 2015.

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