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101 through 120 of 404 matching documents, best matches first.   Sort by date

Appeals Court Overturns Liberty Mutual Win in Cyber Suit With Southwest Airlines
American International Group Inc., the ruling said. It included excess coverage of up to $10 million that would be implicated once Southwest's losses reached $50 million, it said. ...
Source: BestWire   Date: January 18, 2024
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Talanx Closes on $1.2 Billion Liberty Mutual Brazil Acquisition
Latin American business, the companies said. Underwriting entities of Talanx parent HDI V.a.G. mostly have current Best's Financial Strength Ratings of A+ (Superior). Entities of ...
Source: BestWire   Date: November 27, 2023
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Liberty Mutual Swings to $219 Million Attributable Third-Quarter Net Income
The combined ratio in the U.S. retail markets segment worsened 5.8 points to 108.7. Personal lines average written premiums climbed to offset elevated claims severity and ...
Source: BestWire   Date: November 9, 2023
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Liberty Mutual Laying Off 850, Nearly 2% of US Workforce, as Emerging Risks Rise
The layoffs impact Liberty Mutual U.S. Retail Markets and Global Risk Solutions business unit employees, as well as technology and other corporate groups and take effect at ...
Source: BestWire   Date: October 26, 2023
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Minnesota Order Has Liberty Mutual Repaying Policyholders $7.7 Million
Liberty Mutual Insurance Co. and several subsidiaries have agreed to repay about $7.7 million to more than 86,500 automobile and homeowners policyholders in the form of refunds, ...
Source: BestWire   Date: October 26, 2023
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Liberty Mutual Names President of Independent Agent Distribution for the US Retail Markets
Liberty Mutual for small business insurance products in 49 states. In July, Liberty Mutual named Allison Janisch to succeed Noel MacCarthy, as global product leader, casualty, ...
Source: BestWire   Date: September 28, 2023
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Insurers Settle Legal Dispute Over Apportionment of Claims in Ransomware Case
Subsidiaries of Tokio Marine Holdings Inc. and Liberty Mutual Insurance Cos. have settled a lawsuit over the payment of claims arising from an insured's ransomware attack. Liberty ...
Source: BestWire   Date: August 28, 2023
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Talanx CFO: Hard Market, Latin American Acquisitions Promise Profit Advances
The combined ratio improved to 93.9 from 94.1. For the first half, group net income rose 21% to €827 million. The combined ratio for the industrial lines segment improved on ...
Source: BestWire   Date: August 14, 2023
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Liberty GTS Appoints Former Alliant Insurance Exec as Head of Tax for the Americas
Harry Ballan as head of tax for the Americas. In his new role, Ballan will underwrite insurance solutions covering tax risks of businesses in the Americas. Prior to joining Liberty ...
Source: BestWire   Date: August 14, 2023
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Liberty Mutual CEO: Asia Poised for Strong, Profitable Growth; US Is Most Important Mature Market
Liberty Mutual Holding Co. is focusing on global markets that can confidently drive long-term value, according to President and Chief Executive Officer Tim Sweeney. "Looking to the ...
Source: BestWire   Date: August 10, 2023
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AM Best Affirms Credit Ratings of Liberty Mutual Holding Company Inc. and Its Subsidiaries
Liberty Mutual Holding Company Inc. (LMHC) (Boston, MA). Concurrently, AM Best has affirmed the Long-Term ICRs of "bbb" (Good) of LMHC and Liberty Mutual Group Inc. (LMGI) (Boston, ...
Source: BestWire   Date: August 10, 2023
Liberty Mutual Hires Former Axis Re Exec as a Global Product Leader
...Carthy announced his retirement earlier this year. Janisch will be responsible for enhancing global casualty while driving underwriting expertise and capabilities across GRS. She ...
Source: BestWire   Date: July 31, 2023
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Liberty Mutual Global Reorganization Eliminates Hundreds of US Jobs
Many of the layoffs take effect by the end of the third quarter. They account for less than 1% of the company's global workforce and are spread across all areas, the spokesman ...
Source: BestWire   Date: July 14, 2023
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Liberty Mutual Director, Strategic Ventures: Corporate Venture Funds Remain Focused on Strategic Innovation
View the video version of this interview here. Following is an edited transcript of the interview. Q: What is the current economic environment for venture, and how is it impacting ...
Source: BestWire   Date: June 30, 2023
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Ironshore Wins Appeal in Case Over $26 Million in Hotel Damage
Liberty Mutual Insurance Cos. has won its appeal of a case in which a key record, a wind-driven rain endorsement, was mistakenly left off the policy covering a hotel that sustained ...
Source: BestWire   Date: June 22, 2023
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Generali Touts Europe Expansion With $2.51 Billion Acquisition From Liberty Mutual
Liberty Mutual said in a statement. Liberty Mutual's other European operations including Liberty Specialty Markets, Liberty Mutual Reinsurance, Liberty Mutual Surety, Liberty IT ...
Source: BestWire   Date: June 15, 2023
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Senate Budget Committee Seeks Fossil Fuel Investment Data From Insurance Giants
Sheldon Whitehouse and members U.S. Sens. Ron Wyden and Bernie Sanders directed the letters to the top executives at American International Group, Berkshire Hathaway, Chubb, ...
Source: BestWire   Date: June 9, 2023
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Talanx Acquires Certain Liberty Mutual Latin America Operations for $1.5 Billion
Latin American business, the companies said. The price is subject to customary adjustment mechanisms. Closing of the acquisition is expected in the first half of 2024, subject to ...
Source: BestWire   Date: May 30, 2023
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Liberty Mutual Moves to $74 Million First-Quarter Net Loss; Cat Losses Top $1 Billion
Catastrophe losses from severe storms pushed Liberty Mutual Holding Co. Inc. to a first-quarter $74 million attributable net loss compared with a $498 million net income a year ...
Source: BestWire   Date: May 11, 2023
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Liberty Mutual Senior Director, Product Manager: Personal Lines Insurers Must Keep an Eye on Profitability
Verisk Insurance Conference in Scottsdale, Arizona. View the video version of this interview here. Following is an edited transcript of the interview. Q: We're going to talk a ...
Source: BestWire   Date: April 14, 2023
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