Berkshire Hathaway reports drop in quarterly profit on insurance operations weakness

By Auzinea Bacon, CNN (CNN) — Berkshire Hathaway (BRK.B), which wrapped up its final year under Warren Buffett’s leadership, reported Saturday that operating earnings for the fourth quarter totaled $10.2 billion, down 29.8% from last year, on weakness from its insurance business. Last year’s operating earnings totaled about $44.5 billion, down 6% from the previous