AIG Says Sandy Cost to Be Similar to Irene, Below Tsunami

HomeServices of America, the real estate brokerage owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), joined with Brookfield Asset Management Inc. (BAM/A) to form a new franchise brand.

Berkshire Hathaway HomeServices, the new venture, will be led by Chief Executive Officer Earl Lee, according to a Marketwire statement today from the companies.

To contact the reporter on this story: Zachary Tracer in Chicago at

To contact the editor responsible for this story: Dan Kraut at

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