Berkshire Hathaway has agreed to buy U.S. Investment Corp., an insurance holding firm based in Wayne, Pa. Terms of the agreement were not disclosed.
U.S. Investment, along with its three insurance firms, United States Liability Insurance Co., Mount Vernon Fire Insurance Co. and U.S. Underwriters Insurance Co., will become a wholly owned subsidiary of Berkshire.
U.S. Liability is a specialty underwriter dealing in commercial, professional and personal lines insurance.
Topics USA Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law 
Hedge Funds Make Their Move as Litigation Finance Assets Slump 
In Florida Court, Sackler Family Member Admits Felony Tied to Her Opioid Addiction 
California Taking Action Against State Farm Over LA Wildfire Claims 
