All the headlines from our Liberty Mutual Topic Page, ordered by recency.
May 8 2025 // Liberty Mutual Holding Company Inc. booked consolidated first quarter 2025 net income of about $1 billion, down about 33% from the same period a year ago.Catastrophe losses for the first three months of 2025—driven by...
May 2 2025 // Liberty Mutual Insurance has announced a multiyear partnership with the New York Liberty women’s professional basketball team.As part of the partnership, the Liberty Mutual logo will be prominently displayed on all...
Apr 15 2025 // After what it says was an investigation that took months, the Delaware Department of Insurance has levied a $300,000 penalty on three Liberty Mutual companies for advertising discounts that they do not offer in the...
Apr 10 2025 // Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co.Sweeney succeeds, David H. Long, who is retiring. Long has been with Boston-based...
Apr 3 2025 // Liberty Mutual Insurance, based in Boston, appointed Dieter Korte as president, middle market, Global Risk Solutions North America (GRS NA), reporting to GRS NA President Marc Orloff. “These companies have the same...
Mar 24 2025 // Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal lines products under the Liberty Mutual name.Safeco has been Liberty Mutual’s brand for the...
Mar 7 2025 // Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Property Insurance Corporation Emergency Assessment for the past four years, Insurance Commissioner Tim...
Mar 6 2025 // Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion – a nearly 90% increase over the same period the prior year.Boston-based Liberty Mutual’s total combined ratio of 91.5 for the...
Mar 4 2025 // Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal lines products under the Liberty Mutual name.Safeco has been Liberty Mutual’s brand for the...
Mar 3 2025 // Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia.Chubb plans to buy LMG Insurance Public Co. in Thailand...
Jan 21 2025 // ORLANDO, Fla. (AP) — Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen forged Jean-Michel Basquiat paintings that were seized during an FBI raid at the Orlando...
Dec 20 2024 // Liberty Mutual Holding Co. is considering a sale of its businesses in Thailand and Vietnam as the US insurer seeks to streamline its operations, according to people familiar with the matter. Liberty Mutual is working with...
Dec 20 2024 // It appears another insurance carrier is turning sour on wildfire-prone California.Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year....
Dec 3 2024 // Liberty Mutual Insurance, headquartered in Boston, named Marc Orloff as president of Global Risk Solutions (GRS) North America, effective Jan. 1.Orloff will lead GRS North America’s financial and operational...
Dec 2 2024 // Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business...
Nov 13 2024 // Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business...
Nov 7 2024 // Liberty Mutual Holding Company said consolidated third quarter net income more than quadrupled to $897 million compared to $215 million during the same period a year ago.Catastrophe losses remained elevated at nearly $1.1...
Oct 28 2024 // Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton.Parent Liberty Mutual Holding Company (LMHC) in a statement released some preliminary third quarter information...
Sep 26 2024 // Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance Group, a Central and Midwest regional carrier.Under the agreement, mutual...
Aug 14 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the Kenyan insurer Britam to launch a parametric insurance product, which aims to protect Kenyan...