CNA Financial Corp. reported a $140 million loss, or 59 cents a share, in the third quarter, as the company recorded a loss from its previously announced agreement to transfer its legacy asbestos liabilities to Berkshire Hathaway Inc. Get the full story »
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CNA to transfer asbestos liabilities to Berkshire unit
Commercial insurance writer CNA Financial Corp. said it has in place an agreement to transfer about $1.6 billion of net asbestos and pollution liabilities to Berkshire Hathaway Inc.’s National Indemnity Co. unit. Get the full story »