Liberty Mutual

The Massachusetts Bay Transportation Authority claims the firms failed to act over the bankruptcy of LMH-Lane Cabot Yard Joint Venture.

Claims analysis shows slow reactions to negative trends can affect several quarters, but carriers who emerge strong will be able to pursue growth faster than the competitors who are always playing catchup on loss cost trends.

Both Chu and Leahy will report to GRS president of underwriting Matthew Moore.

The company acquired Ironshore from Fosun in a $2.9bn deal that closed in May 2017.

Kevin Smith was most recently president and COO of CNA's specialty business.

The hydrogen industry is a key pillar of the energy transition, but securing insurance coverage is challenging.

Ottaviano was most recently chief risk officer with Aspen Insurance, while Rodriguez has been with Liberty Mutual for 13 years.

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The company is taking rate to offset rising costs, foresees return to CoR in “mid-90s” over next two years.

Fick joins the Boston-based mutual after nearly 24 years at Zurich NA, where he was CUO for the last four years.

The underwriting executive is taking on a role within the company’s GRS unit, where she will report to president Moore.