All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Jan 10 2011 // American International Group has negotiated a $450 million settlement with seven of its competitors in the protracted litigation over its questionable reporting of workers’ compensation premiums.But the long-running...
Dec 30 2010 // Boston-based insurer Liberty Mutual will pay a combined $7.5 million to New York and Connecticut to settle allegations that it steered insurance contracts by paying kickbacks large insurance brokers.In settling the suits,...
Nov 16 2010 // Golden Eagle Insurance, a Liberty Mutual Agency Corp. regional company, has appointed Spencer J. Donkin president and CEO. Donkin joins Golden Eagle Insurance from Liberty Mutual Agency Corpo.’s Regional Companies...
Nov 14 2010 // AIM, Quincy MutualA.I.M. Mutual Insurance Cos. and Quincy Mutual Group will join forces to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs...
Nov 14 2010 // Ohio Mutual, Casco IndemnityOhio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is...
Nov 4 2010 // Liberty Mutual Group announced that it has concluded a partnership with “Videocon Industries Ltd., the flagship company of $5 Billion Videocon Group, with diversified interest in Consumer Electronics, Household...
Nov 2 2010 // Liberty Mutual expands its equipment breakdown (EB) offering with the launch of PowerPro Select, an expansive monoline product for companies that prefer separate EB coverage. With the addition of PowerPro Select, Liberty...
Nov 1 2010 // Juan Andrade stepped down as Commercial Markets president at The Hartford to join Ace as president of the insurers’ Global Personal Lines and Small Commercial Insurance division. He will assume the new position with...
Oct 28 2010 // Safeco Insurance, a member of Liberty Mutual Group, has opened its new office in Fenton, Mo. Liberty Mutual also plans to hire 100 additional employees in St. Louis County over the next two years. With a seven-year lease...
Oct 25 2010 // Enhanced coverages, the need for fewer endorsements, and language that is easier to understand are some of the key ingredients of the new umbrella liability policy now available through Liberty Mutual’s Commercial...
Oct 19 2010 // Liberty Mutual Group Chairman and CEO Edmund F. Kelly was joined yesterday by Massachusetts Governor Deval Patrick, Boston Mayor Thomas M. Menino, other state and city elected officials, neighborhood representatives and...
Oct 18 2010 // The Hartford appointed Lisa Morgan senior vice president of its middle market commercial insurance business. She will lead The Hartford’s $2 billion middle market commercial insurance unit that provides the...
Oct 13 2010 // Safeco Insurance Co. has recognized Kerry Majhanovich with its Award of Excellence. Majhanovich is a principal with Tegeler & Associates in Wyoming. Safeco’s Award of Excellence celebrates those individuals with...
Oct 12 2010 // Safeco Insurance Co. has recognized Diane Kirsch with its Award of Excellence. Kirsch is a personal lines department manager with ISU Insurance Services of San Francisco. Safeco’s Award of Excellence celebrates those...
Oct 1 2010 // Safeco Insurance has appointed Chris Alexander to regional general manager for its California region personal lines operation. Alexander will be based in Aliso Viejo, Calif., and comes to this position from New York, where...
Sep 29 2010 // Liberty Mutual said it is postponing plans for an initial public offering (IPO) of stock for its agency division, Liberty Mutual Agency Corp. The move comes just weeks after the Boston-based insurer filed paperwork for the...
Sep 29 2010 // Liberty Mutual Agency Corp. postponed indefinitely its planned initial public offering, quashing hopes that the planned $1.2 billion flotation could give a needed jolt to the U.S. IPO market.The property and casualty...
Sep 27 2010 // Liberty Mutual Agency Markets said that its agents can now use one of two commercial lines service centers to help with a range of services for policyholders.The centers – located in Ohio and Washington — will...
Sep 15 2010 // Liberty Mutual has filed paperwork with securities regulators detailing its plan to sell over 64 million shares of stock of its Agency Corp. division as part of an initial public stock offering (IPO) that could bring in up...
Aug 24 2010 // Liberty Mutual Group, through its wholly-owned subsidiary Liberty Insurance Company Limited (LICL), has been granted approval to begin branch operations in Zhejiang by the China Insurance Regulatory Commission (CIRC)....