Berkshire Takes On CNA's Asbestos Liabilities For $2B
By Abigail Rubenstein ( July 15, 2010, 5:27 PM EDT) -- CNA Financial Corp.'s Continental Casualty Co. and other insurance subsidiaries have agreed to pay Berkshire Hathaway Inc.'s National Indemnity Co. a $2 billion reinsurance premium to assume their legacy asbestos and environmental pollution liabilities....
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