Justice Dismisses Berkshire Hathaway From Reinsurance Participation Agreement Cases

Mealey's (September 4, 2019, 10:32 AM EDT) -- NEW YORK — A New York justice on Aug. 26 dismissed Berkshire Hathaway Inc. (BHI) because there are no allegations showing that its activities are sufficient to support general jurisdiction in three lawsuits alleging a scheme, in violation of the New York insurance law, to induce companies to enter into a reinsurance participation agreement (RPA) as a condition of issuance of workers’ compensation insurance policies (Breakaway Courier Corp. v. Berkshire Hathaway Inc., et al., No. 654806/2016, Current Lighting & Electric Inc., et al. v. Berkshire Hathaway Inc., et al., No. 652316/2017, Alternative Fuels Transportation Inc. v. Berkshire Hathaway Inc., et al., No. 652702/2017, N.Y. Sup., New York Co., 2019 N.Y. Misc. LEXIS 4671)....

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