News: Industry News
Acquisition of GUARD by National Indemnity Company (a Subsidiary of Berkshire Hathaway Inc.) Completed
October 26, 2012Investor Warren Buffet’s company has completed its acquisition of Guard Insurance Group Inc., the Wilkes-Barre-based insurer announced Thursday. Carl Witkowski, Guard’s chief operating officer, said the deal will provide Guard with additional capital to expand its national business and potentially increase hiring locally. Witkowski said Guard, which specializes in small- to medium-sized commercial property and casualty accounts, has doubled the…
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