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Liberty Mutual considers $1bn sale of Europe business

US insurer, Liberty Mutual Holding Company (LMHC), is exploring a sale of its businesses in Spain, Portugal and Ireland, according to Bloomberg News sources. People familiar with the matter – who have asked not to be identified as discussions are private – have revealed...

EY predicts huge losses for UK motor and home insurers

EY (Ernst & Young) is reporting that UK motor and home insurers expect to make largest annual loss in well over a decade this year, with further losses forecast in 2023. The firm says that despite a profitable 2021, both motor and home insurers...

Liberty Mutual mulling EUR1bn sale of European operations: Report – Insurance Insider

The carrier offers P&C and life insurance coverage in Spain and Portugal, and personal car and home insurance, alongside its business coverage, ... Source link

Higher prices and tighter restrictions will only add to Florida’s property insurance crisis in 2023, says report | Florida News | Tampa

click to enlarge Photo by Chandler M. Culotta Damage from Hurricane Ian in the Fort Myers area. As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could...

Lawmakers Set Property Insurance Special Session for Week of December 12 | NewsRadio WFLA

TALLAHASSEE -- Senate President Kathleen Passidomo of Naples and House Speaker Paul Renner of Flagler County said Tuesday that a special legislative session will be held the week of Dec. 12 to Dec. 16. Gov. Ron DeSantis said last month that lawmakers would...

Carlinville council approves insurance renewal – Enquirer Democrat

By ERIN SANSONEnquirer~Democrat Reporter The Carlinville City Council met Monday night to discuss a brief agenda. Only three items were listed on the agenda including an update on the Illinois Alluvial Regional Water Company by Carlinville representative Dan Held, an insurance renewal...