Regulator slams Berkshire workers' comp unit

Berkshire Hathaway used an illegal insurance scheme to evade a
state law designed to protect small businesses from unexpected
workers' compensation costs, California's insurance
commissioner has found.
In a statement yesterday (20 June) the California Department of
Insurance said Berkshire Hathaway had used a complex insurance
scheme to avoid regulatory review of its rates and policy terms, to
the disadvantage of small and medium-sized businesses.
Commissioner Dave Jones found that California In