Buffet is the one (via one of Berkshire Hathaway's insurance companies) who is doing the insuring. Quicken loan is paying buffet/berkshire a, likely large, prem

Buffet is the one (via one of Berkshire Hathaway's insurance companies) who is doing the insuring. Quicken loan is paying buffet/berkshire a, likely large, premium to pay the billion if someone wins. Given the odds are 1 in not gonna happen, it's likely an easy million or two for buffet, and free promotion. Buffet/Berkshire also insured the pepsi billion dollar prize thing a few years back.