Berkshire Hathaway to buy medical liability Insurer
General Electric and Berkshire Hathaway have announced that GE Insurance Solutions has entered into a letter of intent for the sale of Medical Protective Corporation, professional liability insurers for physicians and dentists, to National Indemnity, a unit of Berkshire Hathaway.
Under the terms of the letter of intent, National Indemnity will acquire a 100% ownership of Medical Protective Corporation and its subsidiaries from GE Insurance Solutions. The transaction, which isOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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