Liberty Mutual Holding Company reports Q2 2014 net income attributable to the company of $393 million -- a $55 million decrease compared to the same period in 2013.
American International Group reported a 27 percent increase in second-quarter net income compared to the same period last year, and predicted we are close to paying off the government for its investment in the company starting in 2008.
Fifty employees with an entrepreneurial spirit, left comfortable jobs to launch an E&S insurer last year. CEO Michael Kehoe says an ownership mentality has helped the team overcome startup challenges.