News

Liberty Mutual Chairman and Chief Executive Officer Edmund "Ted" Kelly said only strong companies that recognize global business opportunities will succeed because they will be poised to take advantage of the market.

Implementation of the federal law streamlining multistate taxation and regulation of business placed in the E&S market is rapidly morphing into an intense confrontation between industry representatives and state regulators.

Even though enterprises large and small are losing the battle against cyber attacks, specialty insurers are expanding coverages triggered by computer privacy breaches as rapidly as new enemies emerge to pursue new targets, experts said here.

Two Burbank brothers face an "ever after" sentence of up to 600 years in prison if they are found guilty of defrauding at least $300,000 from a workers' compensation program.

Liberty Mutual Chairman and Chief Executive Officer Edmund "Ted" Kelly said only strong companies that recognize global business opportunities will succeed because they will be poised to take advantage of the market when it improves.

A Pascagoula, Miss. couple will not be getting nearly $600,000 they were awarded by a Jackson County jury for attorneys' fees, expenses and emotional distress related to their Hurricane-Katrina lawsuit against USAA, the state's Supreme Court has ruled.