All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Feb 8 2007 // Massachusetts officials ordered Liberty Mutual Group this week to halt a direct mail advertising campaign and pay back drivers who may have lost money from what the state attorney general called the company’s...
Jan 30 2007 // Seattle-based Safeco hosted a conference call on its fourth quarter and year-end results today, noting it had fourth-quarter net income of $216,4 million, or $1.96 per diluted share. Net income for the same period the...
Jan 29 2007 // Seattle-based Safeco (NYSE:SAF) has updated the time of its fourth-quarter and year-end conference call to Tuesday, Jan. 30 at 12 p.m., Eastern Time. A live Webcast of the presentation will be available on Safeco’s...
Jan 28 2007 // Although 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are about notification...
Jan 26 2007 // The Boston-based Liberty Mutual Group recently donated $30,000 to the American Society of Safety Engineers (ASSE) Foundation in continuation of its commitment to occupational safety and health research through the support...
Jan 18 2007 // Two large insurers have defended their decision not to tell customers about their less-than-perfect credit, as the Supreme Court debated the legal standard for finding the companies liable under federal law.During an hour...
Jan 9 2007 // Seattle-based Safeco will be hosting a live Internet broadcast of its regularly scheduled conference call to discuss fourth-quarter and year-end financial results on Tuesday, Jan. 30 at 11 a.m., EST. A live Webcast of the...
Jan 5 2007 // Seattle-based Safeco announced estimated after-tax catastrophe losses from the Pacific Northwest windstorm in Nov. and Dec. 2006 of $20 million, or $0.18 per diluted share. Pretax catastrophe losses from the storm are...
Dec 27 2006 // Delaware Insurance Commissioner Matt Denn has taken arguments against insurance industry use of credit scoring to the U.S. Supreme Court, filing a brief in a pending case involving the practice.Denn recruited 12 other...
Dec 11 2006 // The Associated Press is reporting that the recent appointment of Juan Vargas to serve as Safeco’s vice president of external relations is creating controversy. “The appointment of the San Diego lawmaker to one...
Dec 11 2006 // Seattle-based Safeco said it is expecting independent agents, in part, will help the company grow organically and provide predictable returns for investors. In a question and answer session following its listing on the New...
Dec 10 2006 // Safeco lists on NYSE, hopes to grow by improving agent incentivesSeattle-based Safeco said it is expecting independent agents, in part, will help the company grow organically and provide predictable returns for investors....
Dec 7 2006 // Seattle-based Safeco has named Tim Mikolajewski general manager for the state of California, responsible for the profit-and-loss performance of the company’s insurance products; and Juan Vargas was appointed vice...
Nov 30 2006 // Seattle-based Safeco will host an informal question-and-answer session for analysts in New York on Thursday, Nov. 30. The event will begin at 1:30 p.m., Eastern Time (10:30 a.m., Pacific Time) in Manhattan. Safeco’s...
Nov 28 2006 // Timothy Chaix, president of Irvine, Calif.-based R.E. Chaix & Associates, announced that its commercial auto division has added Safeco as a new admitted market for California agents. Eligible classes of business...
Nov 19 2006 // SafecoSeattle-based Safeco repurchased 10.2 million shares, or approximately 8.8 percent, of its outstanding common stock through an accelerated share repurchase (ASR) program. The shares were purchased from dealer Lehman...
Nov 17 2006 // Loveland, Ohio-based Indiana Insurance, a member of Liberty Mutual Group, has been named the 2006 Indiana Insurance Company of the Year by the Independent Insurance Agents of Indiana (IIAI). The recognition came during the...
Nov 17 2006 // Liberty Mutual Group announced from its Boston headquarters that it has received a license to operate a wholly owned general insurance company in Vietnam. Liberty Mutual has had a presence in Vietnam since 2003 when it...
Nov 17 2006 // Seattle-based Safeco announced it is cutting auto insurance rates in Colorado by as much as 21 percent, with the average Colorado customer experiencing a 4.8 percent decrease. Since July 2004, Safeco has taken rates down...
Nov 14 2006 // Liberty Mutual Property, a business unit of Liberty Mutual Group, opened a new office in Orange County, Calif., in response to what it’s calling a growing book of middle-market commercial property business in...