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Gen Re To Pay $90M To Settle 'Sham' Claims

By Elaine Meyer (January 20, 2010, 6:48 PM EST) -- Berkshire Hathaway Inc. subsidiary General Reinsurance Corp. has agreed to pay over $90 million to settle claims that it schemed with American International Group Inc. and Prudential Financial Inc. to defraud investors of hundreds of millions of dollars....

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