All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Jul 18 2014 // Liberty Mutual Insurance said it has reached a deal with National Indemnity Co. (NICO), a subsidiary of Berkshire Hathaway Inc., on a combined aggregate adverse development cover for substantially all of Liberty...
Jul 10 2014 // Aiming for a bigger role in the market for large, complex global property risks, Liberty Mutual has expanded its National Accounts Property unit and added five underwriters.The unit provides ground-up, shared and layered,...
Jun 24 2014 // There are currently more than 23 million licensed drivers aged 70 and older and as baby boomers soon begin turning 70, the number of seniors on the road will rise steadily over the next two decades.The majority of senior...
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
Jun 18 2014 // Recent announcements by giant retailers Walmart and Overstock.com that they entering the insurance sales game have elicited a healthy response from the insurance industry. Some agents have expressed concern and frustration...
May 28 2014 // Keith PooporLiberty Mutual Insurance’s Specialty Excess Casualty operation has appointed Keith Poopor as senior underwriting manager for excess casualty in the Northeast. In his new role, Poopor will lead the...
May 19 2014 // Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise...
May 7 2014 // Liberty Mutual Insurance now offers equipment breakdown assumed reinsurance to insurers through treaties, programs and on a case-by-case basis, giving property/casualty insurers a new source for reinsurance of equipment...
May 5 2014 // Liberty Mutual Holding Co. Inc. reported $272 million net profit for its 2014 first quarter, a decline of $46 million or 14.5 percent from $318 million net profit reported during the same period in 2013.The Boston-based...
Apr 16 2014 // Attorneys representing Liberty Mutual Insurance Co. averting what could have been a $43 million payout in damages this week characterized the California court case a cautionary tale for insurers.The case is Heide Kurtz v....
Mar 18 2014 // From drinking or texting while driving to using a designated driver, there is a disconnect between what teenagers acknowledge as risky behavior and what they actually admit to doing behind the wheel, according to a survey...
Mar 7 2014 // NJ PURE, a medical malpractice insurer in New Jersey, has entered into a strategic alliance with Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance. According to Eric S. Poe, chief litigation...
Feb 25 2014 // Liberty Mutual Holding Company Inc. and its subsidiaries today reported net income of $496 million for its 2013 fourth quarter, improving from a net loss of $234 million during the prior-year fourth quarter. The insurer...
Feb 19 2014 // Liberty Mutual Insurance Group has announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of Uni.Asia Capital Sdn Bhd’s 68.09 percent stake in...
Feb 18 2014 // Liberty Mutual Insurance Group in Boston announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of a 68.9 percent stake in Uni.Asia General Insurance...
Jan 9 2014 // Liberty Mutual Insurance said it has agreed to sell Summit Holdings Southeast Inc. and its related companies to American Financial Group (AFG) in an all-cash transaction valued at $250 million.Based in Lakeland, Florida,...
Dec 20 2013 // Liberty Mutual Insurance has partnered with the National Equipment Register (NER) to provide its inland marine contractors’ equipment customers increased protection from equipment theft. The insurer is now offering...
Dec 19 2013 // Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland that it doesn’t already own from failed lender Irish Bank Resolution Corp. The company didn’t...
Dec 11 2013 // The XL Group has appointed Lewis Goodearl as Chief Underwriting Officer UK P&C for its Lloyd’s business. He joins XL from Liberty Mutual Insurance where he was Vice President and Wholesale Manager, responsible...
Dec 5 2013 // Liberty Mutual’s Commercial Insurance strategic business unit has expanded its foreign package policy offering by introducing a new product, and by adding a new global crisis management endorsement.The new Global...