Personal Lines

Liberty Mutual will rebrand Quinn Insurance as Liberty Insurance next year after completing its takeover of the Irish-based insurer on Monday.

Billionaire investor Warren Buffett says Europe's debt concerns and the anemic U.S. home construction business will continue to hurt the economy even though many businesses are performing well.

Third-quarter reserve releases declined nearly 19 percent over the same period last year, which could put greater pressure on carriers to increase rates.

Third-quarter reserve releases declined nearly 19 percent over the same period last year, which could put greater pressure on carriers to increase rates.

European insurers, on the front line of the region's sovereign debt crisis because of their big exposure to distressed Italian bonds, will be forced to share losses with customers and rely on regulators to be lenient if Italy reneges on its debt.

More than $2 billion in weather-related losses, and mark-to-market losses in investments, drove a third-quarter net loss of $852 million at Nationwide.