News: Industry News

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 offer Smart Choice agency partners,…

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Berkshire Hathaway GUARD Announces Partnership with Auto-Out®

July 25, 2019

Kitchen fires are a common occurrence fueled by the combination of everyday distractions, hot kitchen stove burners, and the grease laden environment of the kitchen. According to the National Fire Protection Association, a home fire occurs every 88 seconds and cooking is the leading cause of home fires. The Insurance Journal states that fire-related claims are also the most expensive.  Auto-Out Venthood is a stovetop fire…

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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. Berkshire Hathaway GUARD chose Safe Drive Systems (SDS) one of the few companies with a solution…that…

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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…

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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…. In fact, in 2017, the group issued…

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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…

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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…

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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…

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Warren Buffett Touts GUARD’s Growth

May 9, 2016

Guard Insurance in downtown Wilkes-Barre has received accolades from billionaire Warren Buffet for its tremendous growth. Since the insurance company was acquired by a unit of Mr. Buffet’s Berkshire Hathaway in October 2012, its number of employees has grown from 310 to 483, said Chief Operating Officer Carl Witkowski. Of the 483 employees, 396 are based in Wilkes-Barre and the…

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Berkshire Hathaway GUARD Adds Lawyers Professional Liability Program

March 23, 2016

Berkshire Hathaway GUARD Insurance Companies is now offering a lawyers professional liability policy in California, Maryland, New Jersey, Pennsylvania, Texas, and the District of Columbia with ten more states planned in 2016. Available as either a complement to other policies or on a standalone basis, lawyers professional liability is designed to protect against financial losses due to negligence, errors, or…

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