Kansas Bankers Surety Company

Kansas Bankers Surety Company is an insurance company based in the United States. It is a subsidiary of Berkshire Hathaway, the investment vehicle of Warren Buffett. It specializes in the writing of surety bonds for the officers of small, state chartered banks in the Midwestern United States. It formerly also wrote deposit insurance at such banks for coverage in excess of the per-depositor limits of the Federal Deposit Insurance Corporation, but this line of business has been discontinued.

Kansas Bankers Surety was acquired by Wesco Financial Corporation in 1996.[1] Wesco was acquired by Berkshire Hathaway in 2010.[2] Kansas Bankers Surety became part of the Berkshire Hathaway Homestate Companies in 2014.[3]

References

  1. ↑ WESCO FINANCIAL CORPORATION LETTER TO SHAREHOLDERS 1997
  2. ↑ Warren Buffett offers to buy rest of Wesco Financial
  3. ↑ KBS

External links


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