Outgoing Liberty Mutual Group chief executive Edmund “Ted” Kelly says his continued role as chairman will not include stepping on David H. Long’s toes.

The New Zealand Earthquake Commission and the Insurance Council have agreed to ask the country’s High Court for a ruling regarding insurance coverage for a recent earthquake.

When David H. Long first sat down at his desk at Liberty Mutual to work as a financial analyst, he thought it was a good job to keep him busy for a few years before heading to graduate school.

A Florida-based drywall supplier and its insurers have reached a preliminary $55 million settlement with hundreds of Florida homeowners whose homes were damaged by tainted Chinese drywall, according to court documents and a statement.

The property & casualty industry continued to release reserves in 2010, but this part of the reserving cycle may be coming to an end, says a report on loss reserves from Conning Research & Consulting.

The property & casualty industry continued to release reserves in 2010, but this part of the reserving cycle may be coming to an end, says a report on loss reserves from Conning Research & Consulting.

Catastrophe risk modeler EQECAT says the latest earthquake in Christchurch, New Zealand is expected to cause an additional $3 billion to $5 billion in insured losses.

Connecticut lawmakers have extended the state’s flex-rating law for two years.