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Berkshire’s $11.6B Alleghany Deal Expands Insurance Business

Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that it would acquire the insurance company Alleghany for $11.6 billion. The scarcity of investment targets over the past several years … Source: Claims Journal

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Scouts Reach Deal With Catholic Committee in BSA Bankruptcy

DOVER, Del. (AP) — A committee representing several Catholic entities in the Boy Scouts of America bankruptcy has reached a settlement with the BSA and is withdrawing its objections to its proposed reorganization plan, attorneys told a judge Friday. The … Source: Claims Journal

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Possible Tornado Destroys Mobile Homes in South Alabama

BIRMINGHAM, Ala. (AP) — A possible tornado overturned multiple mobile homes in a south Alabama community as severe storms swept through Friday morning, authorities said. Escambia County Sheriff Heath Jackson told WALA-TV that about nine mobile homes were destroyed and … Source: Claims Journal

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