Latest Liberty Mutual Headlines

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

States Collecting on $146 Million AIG Workers’ Comp Settlement

Jun 18 2012 // State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’...

States Collecting on $146 Million AIG Workers’ Comp Settlement

Jun 5 2012 // State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’...

People – East

Jun 4 2012 // Sarasota, Fla.-headquartered P/C insurer FCCI Insurance Group recently expanded into Maryland and hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency relationships in the new...

Liberty Mutual Appoints Chief Actuary for Group Benefits Operation

May 24 2012 // Boston-headquartered Liberty Mutual Insurance has appointed Brian Dunham as senior vice president and chief actuary of its group benefits operation.Brian DunhamPrior to joining Liberty Mutual, Dunham was responsible for...

Q1 Earnings: AIG, Liberty Mutual Profits Soar

May 21 2012 // AIG Profit More Than DoublesAmerican International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year ago....

Ratings: North Country, Liberty Mutual (notes), Allstate (shelf), Am. Freedom

May 9 2012 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb+” of Watertown, New York-based North...

Insurance Jobs Outlook: Getting Better, Region by Region

May 7 2012 // The property/casualty insurance jobs outlook is slowly, gradually getting better – or at least not getting worse. A growing number of insurance businesses are hiring more workers this year. Meanwhile, many others are...

In East Region, Insurance Sector Hiring Is ‘Slightly Elevated’ in 2012

May 7 2012 // The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there...

Court Reverses Mississippi Award Over ‘Negligent’ Flood Policy Advice

May 1 2012 // An insurance company selling federal flood insurance has won a case against a Mississippi homeowner who claimed the insurer was negligent in not informing him that he was eligible to buy a preferred risk policy with more...

Liberty Mutual Profit Soars 26% in Q1

Apr 27 2012 // Global insurer Liberty Mutual Holding Co. Inc. and its subsidiaries reported a 26 percent jump in net income for the three months ended March 31 due to higher premiums and lower catastrophe losses.The company reported a...

Business Moves

Apr 16 2012 // Peachtree, Personable HoldingsA Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard...

Insurance Employment Report: Jobs Outlook Improving, Slowly

Apr 16 2012 // Looking for work can be an exhausting, soul-draining endeavor during the best of economic times. It goes without saying that job searching is considerably more challenging these days, when the U.S. unemployment rate is...

East Insurance Employment: Hiring Is ‘Slightly Elevated’ in 2012

Apr 16 2012 // The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there...

Business Moves – Southeast

Apr 16 2012 // Peachtree, Personable HoldingsA Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard market....

Liberty Mutual ‘Disappointed’ at AIG Workers’ Comp Settlement

Apr 16 2012 // Liberty Mutual said it will continue its legal fight even after a federal judge formally approved a $450 million workers’ compensation class-action settlement between AIG and its rival companies.The class action...

Liberty Mutual Acquires KIT Finance, Enters Russian Auto Insurance Market

Mar 29 2012 // Liberty Mutual, one of the largest insurance companies in the world, said it would enter the Russian market with a deal to acquire KIT Finance Insurance, which primarily writes auto coverage in St. Petersburg and...

N.H. Resident Pleads Guilty to Filing Fraudulent Claim

Mar 23 2012 // A New Hampshire woman pleaded guilty this month to filing a fraudulent claim on her renter’s policy. The suspicious claim was made in 2009 and was subsequently investigated by the New Hampshire insurance...

Liberty Mutual Posts $284M Q4 Income, Diversifies Business

Mar 19 2012 // Liberty Mutual Group reported $284 million in net profit for its 2011 fourth quarter — down 50.7 percent compared to the same period one year ago. The insurer said the quarterly operating results were hurt especially by...

Liberty Mutual ‘Disappointed’ at $450M AIG Workers’ Comp Settlement

Mar 14 2012 // Liberty Mutual said it will continue its legal fight even after a federal judge formally approved a $450 million workers’ compensation class-action settlement between AIG and its rival companies.The class action...

Liberty Mutual Posts $284M Q4 Income; $365M Profit for Full Year

Mar 7 2012 // Liberty Mutual Group reported $284 million in net profit for 2011 fourth quarter — down 50.7 percent compared to the same period one year ago. The insurer said the quarterly operating results were hurt especially by...