November 22, 2022
A Liberty Mutual Insurance subsidiary is asking a federal court to absolve it of responsibility for part of a multi-million-dollar settlement against one of the country’s largest emergency medicine providers, arguing that fraud is not covered by the E&O policy …
November 15, 2022
QBE North America Appoints Coppola Chief Underwriting Officer QBE North America has appointed Laura Coppola as chief underwriting officer. Coppola joins the company with more than 25 years of technical underwriting experience in property casualty insurance. Coppola is based in …
October 17, 2022
Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday’s judgment on the 1 billion pound ($1.13 billion) lawsuit against three top insurers over losses related to coronavirus. Insurers have …
September 12, 2022
Boost Insurance Appoints Emy Donavan as Chief Underwriting Officer Boost appointed Emy Donavan as chief underwriting officer. She will oversee the company’s program underwriting, product development, and portfolio management in collaboration with Boost’s insurtech and embedded partners along with the …
September 7, 2022
Liberty Mutual said it has repositioned its distribution strategy for specialty and excess & surplus products, making Ironshore a wholesale-exclusive brand. Going forward, all U.S. commercial, specialty and E&S products placed by retail brokers will be under the Liberty Mutual …
August 4, 2022
Liberty Mutual Holding Co. said it recorded a second quarter net loss of about $343 million compared with net income of nearly $770 million during the same period a year ago. CEO David H. Long said results were affected by …
August 1, 2022
Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual the country’s largest auto insurer. AmGeneral was previously 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group. Liberty Insurance …
August 1, 2022
The Boy Scouts of America must adjust their plan to create the biggest sexual abuse compensation fund in the U.S. in order to win final court approval for the $2.7 billion proposal, a judge ruled. The decision by a federal …
June 17, 2022
QBE Re Reports Departure of Postlewhite QBE announced that Steve Postlewhite, managing director QBE Re, is leaving the company following a four-year tenure. QBE gave no reason for what it said was Postlewhite’s decision to leave. Peter Wilkins will assume …
June 16, 2022
Liberty Mutual Name Foley, Ughetta to New Posts Liberty Mutual Insurance announced that Melanie Foley has been named executive vice president and chief administration officer, effective July 2022. Foley previously served as executive vice president and chief talent and enterprise …