NASHVILLE, TENN. – Bershire Hathaway Inc.’s General Re Corp. conspired to fool regulators into allowing a failing insurance firm to stay in business, according to a $1 billion (U.S.) fraud lawsuit by the Tennessee insurance commissioner.

Stamford- based General Reinsurance Corp., a reinsurance company owned by billionaire Warren Buffet’s Berkshire Hathaway Inc., is under legal fire for its alleged role in the collapse of five companies.

A lawyer leading the civil prosecution of those alleged to have caused the collapse of five US liability insurers has described the case as the insurance industry’s Enron, write Richard Banks.

Tennessee Insurance Commissioner Paula Flowers, Acting as liquidator for three failed malpractice insurance firms, has filed suit in U.S. District Court seeking to recover damages on behalf of the companies’ more than 50,000 former policyholders.

Tennessee Insurance Commissioner Paula Flowers has filed a lawsuit in U.S. District Court against Richmond, Va. – based Reciprocal of America and its network of companies and two reinsurance companies on behalf of three failed malpractice insurance firms.

WASHINTON – In order to combat predatory lending, Fannie Mae said it will stop purchasing subprime mortgages with mandatory arbitration clauses and will prohibit prepayment penalties longer then three years. The move is an extension of Fannie’s American Dream Commitment plan, which focus…

Plaintiffs’ lawyer Robert Cunningham is a serious fisherman. Last summer, he said, after three years of trying and hearing that it couldn’t be done, he landed the first fly-caught tarpon in Louisiana.

Tennessee this week joined a class action law suit against a failed malpractice insurance company, Reciprocal of America, and its ownership group which ultimately ties back to billionaire Warren Buffett.

Kansas City-area doctors left holding the bag because a medical malpractice insurer went out of business may not be entirely out of luck.

NASHVILLE, Tenn. (AP) -- Discount retailer Dollar General will contest a court ruling allowing employees to opt into a lawsuit challenging the company’s decision to exclude store managers from overtime pay.