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- Liberty, Insurers Take Hit on $1.6 Billion IBM Judgment Policy
Liberty, Insurers Take Hit on $1.6 Billion IBM Judgment Policy
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/13ff6ea7-69bb-4a54-988c-989fe2c4fcc6/carson-masterson-0mXw-dvuLok-unsplash.jpg?t=1716146937)
Liberty Mutual has backed out of at least two potential litigation insurance deals after a $1.6 billion judgment it underwrote was reversed, according to three people familiar with the situation.