BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
BOSTON—Liberty International Underwriters, the global specialty lines division of Liberty Mutual Group Inc., has opened an excess and surplus property operation office in Los Angeles to better serve West Coast wholesale brokers, the Boston-based company said Tuesday.
Chet Simmons, a 35-year insurance veteran, has been named regional manager for the operation.
“Having launched our E&S property product in late 2010 with primary focus on the eastern and southeastern United States, we thought the West Coast was a natural step in our ongoing expansion strategy,” David Cohen, president of LIU U.S., said in a statement.
LIU’s E&S product provides all risk, named windstorm, difference in condition, flood and earthquake coverage in catastrophe-exposed areas for mid- and large-size property portfolio risks with capacity of up to $25 million, according to the company.
BOSTON—Liberty Mutual Group Inc.'s net income for the first nine months of the year dropped 92.6% to $81 million compared with the same period a year earlier, reflecting weather-related losses and an increase in asbestos-related reserves, the Boston-based insurer reported Friday.