Insurance

Berkshire Hathaway faces lawsuit after pulling property insurance coverage

The complaint accused Berkshire Hathaway of malicious intentions, breach of contract, deceptive insurance practices and delayed payment claims. GD Group claims that the insurers failed to conduct a reasonable investigation, failed to provide timely or adequate refusal to explain, and violated various provisions of the Texas Insurance Act. The company seeks actual losses, policy gains, statutory damages, triple damages, interest and attorneys’ fees.

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