Liberty Mutual

CEO and chairman David Long says the carrier’s investment portfolio will bear the brunt of the pandemic.

City comptroller Scott Stringer said AIG, BHSI and Liberty Mutual should stop underwriting and investing in coal.

D’Orsi will lead the data science team at GRS, Liberty said today.

David Williams joins from Chubb where he was vice president of financial lines business in North America.

Progressive included a 20% rebate for commercial lines customers with BOP and GL policies – potentially the first indication of rebates spreading from auto to small commercial customers.

At least one insurer, Chubb, has paused quoting casualty cover for new healthcare clients.

The insurer will have access to the data of customers driving 2020 model vehicles.

The Boston-based mutual insurer swung to a $299mn quarterly net loss from continuing operations as a $555mn reserve charge from liability, casualty, and specialty lines hurt results.

Former Ironshore and Lexington CEO Kevin Kelley has joined the PE firm.

Tracy Ryan moves from the role of chief claims officer at the division.

The move runs counter to market peers’ recent exits or scale-backs.

The experienced legal and claims executive will underwrite and service a variety of accounts.