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News from Markel Corp., Lockton, J.M. Wilson, Brown & Riding, Crawford & Co. and Brightway Insurance

Liberty Mutual Group Inc. issued $750 million of bonds to help finance a payment to a unit of Warren Buffetts Berkshire Hathaway Inc. for covering the insurance companys liabilities tied to asbestos.

Insurance industry trade group officials lauded passage of the Senate version of legislation reauthorizing a federal backstop to terrorism risk insurance and urged the House to act promptly.

Insurance industry trade group officials lauded passage of the Senate version of legislation reauthorizing a federal backstop to terrorism risk insurance and urged the House to act promptly.

Hurricane Arthur, the first tropical cyclone of the Atlantic Hurricane Season and the first hurricane to make U.S. landfall since Sandy in 2012, is not expected to produce major losses. An expert from RMS though notes why the storm was somewhat unusual.

This week saw another tragic incident for Malaysia Airlines, Senate action on TRIA and more statements regarding GM's recalls. See what industry leaders, lawmakers and others had to say about the biggest insurance stories of the week.