News about <![CDATA[BRK/A]]> News about en-us <![CDATA[Berkshire Launches Berkshire Hathaway Specialty Insurance]]> Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) announced today that Berkshire Hathaway Specialty Insurance, its recently formed commercial property casualty insurance group, has commenced operations, underwriting property, casualty, professional and executive liability insurance and programs for customers in the U.S.

"It's official: We are moving into commercial insurance in a substantial way, and we are here

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<![CDATA[Final Result of the Warren Buffett Lunch Auction]]> <![CDATA[Final Result of the Warren Buffett Lunch Auction]]> In case you missed it, the results are in. The lunch sold for $1,000,100.00, with 106 bids. Bidding started out at $25,000.

Unfortunately, this lunch didn't pull in as much as last year, when the auction was hammered at $3,456,789. What is interesting is that there were the same number of bids last year as there were this year.

As a matter of fact, the high bid this year didn't even come close to many of the previous years. In 2011, the Warren Buffett lunch went for $2,345,678, in 2010, the Buffett lunch sold for $2.6 million, and even in 2008, the lunch was auctioned off at $2 million.

Not sure why it is so low this year. Any thoughts?