Reports: Defections May Have Soured AIG, Berkshire's Relationship

By David Dankwa, Senior ReporterBerkshire Hathaway took executive poaching to a whole different level in April when it snagged four high-level executives from American International Group to form a new surplus lines company. That widely publicized defection, according to news reports, may have soured Berkshire’s long-running relationship with AIG – which at one time was its biggest client. According to reports, the relationship between Berkshire and AIG has deteriorated to the point that AIG is no longer entering new deals with a number of Berkshire Hathaway subsidiaries, including...