All the headlines from our Liberty Mutual Topic Page, ordered by recency.
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...
Oct 4 2005 // Wisconsin-native Mark Fiebrink, an executive vice president for the Liberty Mutual Group, was named president and chief operating officer of Wausau Insurance. Fiebrink replaces Joe Gilles, who will assume a new leadership...
Sep 27 2005 // Seattle-based Safeco announced estimated after-tax catastrophe losses from Hurricane Katrina of $78 million, or $0.61 per diluted share.Safeco’s gross pretax losses before reinsurance are estimated to be $170...
Sep 20 2005 // While risk managers, safety directors and senior financial executives cut the number of the most serious workplace injuries, those accidents continue to hit the bottom-line of employers hard, according to two Liberty...
Sep 19 2005 // Saylor & Hill has announced that three senior associates of the firm have been promoted to principal. Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will...
Sep 7 2005 // Safeco has launched a special disaster-relief effort to deliver financial assistance, equipment and free support services to help independent insurance distributors recover from Hurricane Katrina.This relief effort —...
Aug 22 2005 // ALABAMAHurricane Sales Tax Measure Dies An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep....
Aug 22 2005 // Fitch Ratings affirmed the “A-” insurer financial strength ratings on the members of the Liberty Mutual inter-company pool and revised the rating outlook on pool members to stable from negative. Additionally,...
Aug 15 2005 // Seattle-based Safeco’s board of directors has appointed Maria S. Eitel as director, effective Aug. 11, 2005. She will serve on the board’s Nominating/Governance Committee and will stand for election at the...
Aug 11 2005 // Christine Mead, Seattle-based Safeco’s chief financial officer and president of Service, Technology and Finance, announced plans to retire effective Dec. 31, 2005.Mead joined Safeco in January 2002 as senior vice...
Aug 3 2005 // Safeco declared a regular dividend of $0.25 per share on its common stock. The dividend is payable Oct. 24, 2005 to shareholders of record on Oct. 7, 2005.
Jul 28 2005 // Liberty Mutual Group’s Agency Markets business unit has partnered with Rackley Solutions to provide real- time access to auto, home and package rates through SETWrite, Rackley’s Web-based rating product. The...
Jul 26 2005 // As of July 26, Safeco stopped writing new personal property policies in Florida and has notified the Florida Office of Insurance Regulation that at the beginning of 2006, it plans to stop renewing personal lines property...
Jul 25 2005 // Safeco announced it has repurchased 2.75 million shares, or approximately 2.15 percent of its outstanding common stock, through an Accelerated Share Repurchase (ASR) program. The shares were purchased from a dealer (JP...
Jul 19 2005 // Fitch Ratings has affirmed the ‘A-‘ insurer financial strength ratings on the members of the Liberty Mutual Inter-company Pool (Liberty Mutual Pool) and has revised the Rating Outlook on pool members to Stable...
Jul 18 2005 // Majestic Insurance Companyannounced the appointment of David Porter to the new position of marketing manager for Southern California. Porter has more than 25 years of experience in the industry. Prior to joining Majestic,...