All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Jan 2 2006 // Liberty Mutual and Federated National insurance companies have asked Florida regulators for double-digit rate increases.Liberty Mutual Insurance Co. wants to raise rates by a statewide average of 25 percent, and Federated...
Jan 2 2006 // Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients in the southeast...
Jan 1 2006 // Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients in the southeast...
Dec 21 2005 // Safeco is hosting an Internet broadcast of its conference call to discuss fourth-quarter and year-end financial results. The broadcast will be held 11 a.m. (EST) on Jan. 24, 2006, at www.safeco.com/webcast. To hear the...
Dec 19 2005 // Liberty Mutual Insurance Company has hired the mediator who oversaw the Sept. 11 Victim Compensation Fund to help settle insurance claims filed by homeowners after hurricanes Katrina and Rita.The Boston insurer’s...
Dec 18 2005 // U.S. Risk Insurance Opens Irvine, San Diego OfficesU.S. Risk Insurance Group Inc. has opened a Irvine, Calif., office and a satellite office in San Diego. Scott T. Carroll has joined the company as vice president and...
Dec 7 2005 // Safeco announced that Paula Rosput Reynolds has been named the company’s new president and chief executive officer effective Jan. 1, 2006. Reynolds also was appointed to Safeco’s board of directors.Reynolds,...
Dec 5 2005 // Seattle-based Safeco has announced estimated after-tax catastrophe losses from Hurricane Wilma of $29 million, or $0.23 per diluted share. Pretax catastrophe losses from the storm are estimated at $45 million.Those figures...
Dec 4 2005 // New Online License Service Available for Wash. Agents and BrokersInsurance agents, brokers and other insurance professionals licensed to transact business in Washington can now print copies of their licenses from their...
Dec 2 2005 // Now Montana and the Cayman Islands have something in common: Liberty Mutual Alternative Markets. Over the summer, Liberty Mutual gained approval to establish Liberty Mutual Management (Cayman) Ltd and authorization to...
Dec 2 2005 // Safeco has announced that its board of directors has increased the company’s share repurchase authorization to 10 million shares, including shares that remain available for repurchase under previously approved...
Nov 30 2005 // Seattle-based Safeco has named Robert McNichols vice president – Audit Services effective Dec. 5, 2005. In this role, he will be responsible for overseeing internal audits and reviews of the company’s financial...
Nov 29 2005 // Liberty Mutual Property has launched online training capabilities for business interruption coverage, designed to address the most confusing and complicated aspect of property insurance. The Web-based training program...
Nov 18 2005 // Seattle-based Safeco has announced it has fully automated the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of Columbia, independent agents...
Nov 16 2005 // Over the past several years, risk managers faced a staggering one-two punch. First, workers’ compensation medical costs exploded, growing faster than inflation. Then, medical treatment passed wage payments to become...
Nov 10 2005 // Seattle-based Safeco announced estimated after-tax catastrophe losses from Hurricane Wilma of $29 million, or $0.23 per diluted share. Pretax catastrophe losses from the storm are estimated at $45 million.These figures...
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses.In 16 states and the District of Columbia,...
Nov 2 2005 // A.M. Best Co. has upgraded the public data rating to A- (Excellent) from B+ (Very Good) of Liberty Mutual Insurance Europe Limited (LMIEL) (United Kingdom).Public data (pd) ratings reflect a quantitative analysis of a...
Oct 18 2005 // Seattle-based Safeco reported solid third-quarter results, with net income of $101.1 million, or $0.80 per diluted share. This figure includes estimated after-tax net catastrophe losses of $115.8 million, or $0.91 per...
Oct 11 2005 // Seattle-based Safeco announced estimated after-tax catastrophe losses from Hurricane Rita of $27 million, or $0.21 per diluted share. Pretax catastrophe losses from the storm are estimated at $42 million.These figures...