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The New York state AG's office last week subpoenaed General Re, a subsidiary of billionaire investor Warren Buffett's Berkshire Hathaway. The subpoena asked for information relating to nontraditional or loss-mitigation insurance products from General Re and its affiliates -- the same information sought by the SEC. Regulators have been examining loss mitigation products to see whether insurance companies sold products that may not really be insurance.
January 10, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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