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National Indemnity Co v State Ruling

We discuss the court’s ruling on the pollution exclusion in National Indemnity Co. v. State. Montana contended the exclusion applied only when Montana was the alleged polluter. The insurer claimed the exclusion applied to all pollution, regardless of who polluted.

National Indemnity Co v State Ruling

We discuss the court’s ruling on the pollution exclusion in National Indemnity Co. v. State. Montana contended the exclusion applied only when Montana was the alleged polluter. The insurer claimed the exclusion applied to all pollution, regardless of who polluted.

Berkshire Hathaway Invests in Ariel Re, Extends Quota Share Agreement

Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.'s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further

Ruling affirmed against Berkshire unit in Montana asbestos case

The Montana Supreme Court Tuesday affirmed a lower court judgment that a Berkshire Hathaway Inc. unit must pay $97.8 million in asbestos claims and other costs to the state under a comprehensive general liability policy it issued for 1973 through 1975.

Warren Buffett Only Wishes He Could Buy This Stock

The Oracle of Omaha likes the business this company is in. It's just too small for Berkshire's $300 billion portfolio.

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