Liberty pauses writing active litigation as $1.6bn BMC suit adds to loss bill
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Liberty pauses writing active litigation as $1.6bn BMC suit adds to loss bill

The BMC-IBM judgment was insured for about $700mn on a heavily co-insured tower of around $1bn.

By Jairo Ibarra Ayesha Venkataraman Catrin Shi
May 21, 2024
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liberty mutual insurance building boston massachusetts.jpg

Liberty Mutual has paused quoting for new active litigation liability in the transactional liability (TL) space after a $1.6bn

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NewsM&AMajor lossesLiberty Mutual
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