Warren Buffett’s Berkshire Takes a Beating on Auto Insurance

(Bloomberg) -- Warren Buffett, who has long reiterated his love for insurance companies, took a painful hit on Berkshire Hathaway Inc.’s underwriting businesses as inflation continues to weigh on the company’s operating units.Most Read from BloombergTwitter Now Asks Some Fired Workers to Please Come BackPutin’s Ukraine War Is Entering a Terrifying New PhaseUkraine Latest: US and Russia Discussed Containing War, WSJ SaysLawyer Suing Twitter Over Layoffs Says Musk Trying to ComplyHouston Mogul’s $
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