Berkshire's Asbestos Handling Draws Unwelcome Spotlight

Law360, New York (November 4, 2013, 7:58 PM EST) -- In a scathing statement last week, Berkshire Hathaway Inc. tried to refute allegations that its subsidiaries profit handsomely by wrongly denying and delaying payment of asbestos claims. But if the insurer fails to shake the media spotlight, it will likely run into greater — and potentially costlier — scrutiny from judges and regulators, experts say.

Warren Buffet's insurance giant turned heads by publishing a lengthy criticism of a series of stories that Scripps News ran in early October about the allegedly improper handling of asbestos claims...
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