Tag: Berkshire Hathaway
In an effort to keep our policyholders up to date on the Berkshire Hathaway transaction, and to address questions we often get on our hotline, we have updated the information on the FAQs.
Policyholders have reacted to the Berkshire Hathaway agreement with enthusiasm and questions that we receive are typically about the transaction’s timing, payout, next steps and notices.
We’re pleased to advise policyholders that the Berkshire Hathaway transaction is on track. As such, you can expect several major milestones to occur between now and the expected close of the transaction by year-end 2017.
We want you to be among the first to know our latest good news: MLMIC has entered into a definitive agreement to be acquired by National Indemnity Company, a subsidiary of Berkshire Hathaway.