Latest Liberty Mutual Headlines

All the headlines from our Liberty Mutual Topic Page, ordered by recency.

Liberty Mutual Promotes Shapiro to Chief Commercial Claims Officer

Apr 10 2013 // Liberty Mutual Insurance announced the promotion of Glenn Shapiro to the role of executive vice president and chief claims officer for its commercial insurance.Glenn ShapiroShapiro succeeds George Neale, who recently...

Liberty Mutual PR Exec DiGiovanni to Rejoin AIA as Senior VP for State Affairs

Mar 13 2013 // American Insurance Association (AIA) appointed Joseph DiGiovanni as its new senior vice president for state affairs.Joseph DiGiovanniMost recently, DiGiovanni served as vice president of public affairs at Liberty Mutual...

Liberty Mutual’s 2012 Profit Jumps 132% to $829M Despite Q4 Net Loss

Mar 1 2013 // Liberty Mutual and its subsidiaries today reported 2012 fourth-quarter net loss of $234 million, with the results including $576 million Superstorm Sandy losses. In comparison, the Boston-headquartered insurer had $285...

Hall Named Arkansas/Oklahoma Regional VP for Liberty Mutual

Feb 27 2013 // Ronald Hall has been appointed regional vice president for Liberty Mutual Insurance’s Arkansas/Oklahoma territory in the Southwest region of the company’s business insurance operations. Hall will be based in...

Liberty Mutual Dropping 8 Regional Brands

Jan 28 2013 // Liberty Mutual Insurance announced earlier this month it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual brand.“We’re retiring the brand names of our eight...

Liberty Mutual to Phase Out 8 Regional Insurance Brands

Jan 10 2013 // Liberty Mutual Insurance announced it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual brand. “We’re retiring the brand names of our eight commercial lines...

Commentary: Lessons From Recent Decisions on Bad Faith Litigation

Dec 12 2012 // A rising tide of first-party bad faith decisions is defining the contours of the bad faith cause of action.Recently, three courts have found first-party insurance companies liable for bad faith claims handling. However,...

S&P Affirms Liberty Mutual Group’s Ratings; Outlook Revised to Stable

Dec 6 2012 // Standard & Poor’s Rating Services has affirmed its ‘BBB-‘ counterparty credit and senior debt ratings on Liberty Mutual Group Inc. as well as its ‘A-‘ counterparty credit and financial...

Liberty Mutual Has $465M Q3 Profit, a Swing From $112M Loss a Year Ago

Nov 2 2012 // Liberty Mutual Insurance reported this week $465 million profit for its third quarter, a swing from a loss of $112 million a year earlier. The insurer’s profit for the first nine months of 2012 came in at $1.056...

Liberty Mutual Inducted Into NAMIC’s ‘Century Club’

Sep 18 2012 // Liberty Mutual Insurance of Boston, Mass., which was founded in 1912, is joining the National Association of Mutual Insurance Companies’ (NAMIC) “Century Club” in recognition of 100 years of serving their...

Liberty Mutual Boosts Charitable Giving, Plans to Donate $17M in Mass.

Sep 6 2012 // Insurer Liberty Mutual Group Inc., already one of the largest supporters of nonprofits and community groups in the Boston area, has announced it will significantly increase its charitable giving in Massachusetts this...

People – Southeast

Aug 6 2012 // Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units into four new units. The company – which reported $139 million profit for its 2012 second-quarter – also named...

Business Moves – West

Aug 6 2012 // Heffernan, VentureLoopWalnut Creek, Calif.-based Heffernan Insurance Brokers is partnering with VentureLoop to launch VentureLoop HR, a professional employer organization that provides payroll, benefits and human resources...

People – East

Aug 6 2012 // Liberty Mutual, the Boston-headquartered insurance giant, said in late July that it is realigning its strategic business units. The company also named executives that will lead each of its four new strategic business...

Best Affirms Liberty Mutual Holding Co. and Subs Ratings

Jul 30 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” for the members of Liberty Mutual Insurance Companies and Peerless Insurance...

Liberty Mutual: Much More Rate Hikes Needed to Correct Underpricing

Jul 26 2012 // The upward pricing trends are continuing in the U.S commercial lines, but much more rate increases are still needed to correct the chronic underpricing in the industry, Liberty Mutual CEO David Long remarked.“In U.S....

Liberty Mutual Announces Realignment; Names 4 Unit Executives

Jul 26 2012 // Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units.The company — which reported $139 million profit for its 2012 second-quarter earlier Wednesday — also named...

Liberty Mutual Executive Joins The Navigators Group in Rye Brook, N.Y.

Jul 25 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group appointed Mark Yunque as chief actuary and senior vice president of Navigators Management Company Inc., its principal U.S. underwriting agency subsidiary.In his...

Liberty Mutual, CNA Are Among Big Winners at 2012 IMCA Showcase Awards

Jul 11 2012 // The Insurance Marketing and Communications Association (IMCA) held its annual awards ceremony last month in Denver. The awards were presented to a range of insurance organizations in categories including advertising, sales...

Liberty Mutual’s Indian Joint Venture Receives Insurance License

Jun 27 2012 // Liberty Mutual Insurance Group announced that Liberty Videocon General Insurance Company Ltd, a joint venture between Liberty Mutual Insurance Group and Videocon Industries Ltd., has received the necessary license from...