Does Berkshire Bank use Zelle?
No, Berkshire Hathaway does not currently own Applied Underwriters. While Berkshire Hathaway did acquire Applied Underwriters in 2005, the company was subsequently sold back to its founder in 2019 for approximately $920 million. This divestiture marked the end of Berkshire Hathaway's ownership of the insurance firm. Consequently, Applied Underwriters is no longer part of the massive conglomerate's portfolio of subsidiaries. Berkshire Hathaway continues to own and operate numerous other insurance companies, such as GEICO and General Re, but Applied Underwriters is no longer included in that group of holdings. Any information suggesting current ownership would be outdated, as the company has been under independent ownership for several years following the 2019 transaction.
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