When a disaster occurs, a country's financial obligations are triggered to repair the damage that has occurred. These obligations are called contingent liabilities. To understand more about the ...

BOSTON, Jan. 16, 2020 /PRNewswire/ -- Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, announces the launch of Contingent Legal Risk Insurance within its global portfolio ...

The issue was whether LIC premium payments for post-retirement annuity were contingent liabilities. The Court held they represented an existing liability and allowed the deduction as a business ...

BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance (BHSI) announced today that it is expanding its North American Transactional Liability Insurance business into the UK and Europe and has ...