Liberty Mutual
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Insurers are fighting to recoup claims they have paid out. -
Sources said LSM head of third party in Miami Humberto Pozo will serve as interim head of distribution.
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Sanchez will report to Carolina Carmona, LSM’s head of financial lines in south Florida.
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Independent litigation threatened a $4bn settlement with wildfire victims.
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Year to date, casualty rates, excluding shared economy, are up roughly 10%, the executive said.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Julie Hasse is currently COO of Liberty Mutual Investments.
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A quick roundup of today’s need-to-know news, including the DoJ/NatGen lawsuit and RenRe's earnings call.
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The victims claim insurers shouldn’t get settlement cash before they’re made whole.
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Spelman joins Hiscox from Liberty Mutual.
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Recent contingency losses reflect a willingness of the market to go looking for premiums.
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The BMC-IBM judgment was insured for about $700mn on a heavily co-insured tower of around $1bn.
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