Buffett Buys $1.8 Billion ‘Gem’ of a Medical Insurer in N.Y.

Updated on
  • Berkshire expands coverage of doctors, dentists, hospitals
  • Deal expected to close in 2017; Buffett says worth the wait

Warren Buffett.

Photographer: Daniel Acker/Bloomberg

Berkshire Hathaway Inc. agreed to buy Medical Liability Mutual Insurance Co., extending Chairman Warren Buffett’s leadership in the business of protecting doctors against lawsuits.

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