Personal Lines

Liberty Mutual has been announced as the official property and casualty and life insurance sponsor of the U.S. Olympic and Paralympic Teams for the 2014 and 2016 games in Sochi, Russia, and Rio de Janeiro.

(UPDATED PICS) Superstorm Sandy is heavy on the shoulders, and on the heart.

In the wake of Superstorm Sandy, Fitch Ratings service released a report saying that even if losses were to reach Katrina proportions, the industry would still be positioned to handle it and post a statutory profit.

In the wake of the election, property and casualty insurance-industry officials promised to work constructively with President Obama, his administration and Congress to protect and advance industry interests over the next four years.

Because Superstorm Sandy is an example of how hurricanes (or any natural disaster, for that matter) don't pick favorites, a National Catastrophe Fund is needed to spread risk.

For the most part, insurers say an approaching noreaster today will not hamper efforts to address claims from Superstorm Sandyat least so long as conditions remain safe.