March 9, 2018
A Montana judge says a Nebraska-based insurance company is liable for a $43 million settlement between the state and people sickened by exposure to asbestos from a Libby vermiculite mine. National Indemnity Co. paid $16 million toward the 2009 settlement …
July 18, 2016
Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price. The deal comes as the insurer completes its conversation from a mutual company to a stock insurer. The insurer is …
December 11, 2015
Berkshire Hathaway Inc. won the top financial-strength rating from A.M. Best Co. for a unit that plans to sell insurance directly to businesses over the Internet, paving the way for Chairman Warren Buffett to expand his company’s insurance operations. Berkshire …
February 27, 2012
A Nebraska insurance company has filed a lawsuit against the state of Montana to recover $16 million that was used primarily to cover a sweeping financial settlement of asbestos-related claims from residents of the Superfund town of Libby. The lawsuit …