Berkshire Hathaway agreed to a request by the Securities and Exchange Commission to refine its disclosure of catastrophe and other losses.
In what appears to be a standard request to improve reporting, the SEC sent a letter dated April 2, to Senior Vice President and Principal Financial Officer Marc Hamburg to amend the company's annual 2012 10-K providing more information about catastrophe losses, and to do the same in the future.
Hamburg replied in a letter dated April 25 with the proposed changes, saying the company will provide additional disclosures and indicate how it identifies catastrophes as being significant.
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