Liberty Mutual
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Liberty GRS president Dennis Langwell disclosed the early estimate on a Q2 earnings call.
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The carrier’s CoR deteriorated by four points to 104% in the second quarter.
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Sara Steiner joins from RenaissanceRe, where she was most recently vice president of casualty treaty.
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Scott Mackie reports to property treaty SVP Richard Mairano.
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He will be replaced by North America CUO David Perez.
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The Judicial Panel on Multidistrict Litigation will determine whether federal BI lawsuits should be consolidated.
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CEO and chairman David Long says the carrier’s investment portfolio will bear the brunt of the pandemic.
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City comptroller Scott Stringer said AIG, BHSI and Liberty Mutual should stop underwriting and investing in coal.
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D’Orsi will lead the data science team at GRS, Liberty said today.
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David Williams joins from Chubb where he was vice president of financial lines business in North America.
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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.
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At least one insurer, Chubb, has paused quoting casualty cover for new healthcare clients.
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