Latest Liberty Mutual Headlines

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

Liberty Mutual to Buy AGF’s Chilean Subsidiary

Aug 20 2004 // Boston-based Liberty Mutual Group will further expand its Latin American insurance business with the purchase of the insurance operations of AGF Allianz Chile S.A., a unit of France’s AGF, which is in turn a division...

Liberty Mutual/SADD Teen Driving Study Reports Kids Follow Lead of Parents

Aug 10 2004 // High school and middle school students overwhelmingly say their parents are or will be the biggest influence on how they drive, but the practices many teens say they are emulating represent some of the most risky driving...

N.J. Auto Reforms Bring Rewards to Drivers

Aug 6 2004 // New Jersey Banking and Insurance Commissioner Holly Bakke recently commended Liberty Mutual’s decision to return nearly $15 million to more than 200,000 policyholders.Liberty Mutual’s decision brings the total...

Safeco Launches Boat Center

Aug 4 2004 // With boating season in full swing, Seattle-based Safeco announced the launch of a new specialized claims unit dedicated to handling boaters’ insurance claims.The National Boat Unit, located in Spokane, Wash., is...

A.M. Best Affirms FSR, Debt Ratings of Safeco

Aug 3 2004 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Seattle-based Safeco Insurance Companies. Concurrently, A.M. Best has also affirmed the “bbb+” rating on Safeco’s existing...

Safeco Increases Dividend to Shareholders

Aug 2 2004 // Seattle-based Safeco’s Board of Directors announced an increase to the company’s quarterly dividend. The Board declared a regular quarterly dividend of $0.22 per share, payable on Oct. 25, 2004 to shareholders...

Webcetera Delivers “Real Time” Auto Insurance Quotes for Safeco and Independent Insurance Distributors

Jul 29 2004 // Independent insurance distributors in seven western states now can get accurate Safeco Auto and Home quotes without leaving their EZLynx Web portal (www.ezlynx.com).In insurance industry parlance, this is...

Safeco Posts Strong Profits in All Major P/C Segments

Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...

Best Affirms Liberty Mutual’s Ratings; Ups Outlook

Jun 18 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Liberty Mutual Insurance Companies, Liberty Insurance Holdings of Keene, N.H. and Liberty Northwest Group of...

Profit at Insurer Safeco Zooms on Higher Premiums

Apr 21 2004 // Safeco Corp. said April 20 that its first-quarter profit more than doubled from a year ago, as premiums rose in its property-casualty insurance operations.The Seattle-based insurer reported net income of $236.2 million, or...

Liberty Mutual, BMW Car Club of America Foundation, and BMW Dealers Seated Together to Save Teen Lives

Apr 13 2004 // The BMW Car Club of America (BMW CCA) Foundation has announced a partnership with Liberty Mutual Group and BMW dealers throughout the U.S. designed to save the lives of teen drivers. Through the BMW CCA Foundation’s...

Safeco Launches New Online Sales Platform

Apr 8 2004 // Safeco has launched Safeco Now for P/C insurance. Safeco Now is an online sales platform that integrates personal and small-commercial insurance products, reportedly saving independent distributors time and driving...

SAFECO SIGNS DEFINITIVE AGREEMENT TO SELL LIFE & INVESTMENTS OPERATIONS:

Apr 5 2004 // Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group Ltd., and Berkshire Hathaway...

Safeco Settles Suit, May Face $3 million in Claims

Apr 2 2004 // Safeco auto insurance customers who were injured by uninsured or underinsured motorists or who filed medical claims during the last eight years may be able to collect additional compensation under a court settlement...

Liberty Mutual Reports Net Income Up 67% in Busy 2003

Mar 23 2004 // Liberty Mutual Group in Boston reported net income of $851.3 million for the 12 months ended 2003, a 67.4% increase over the same period in 2002. “I am very pleased with our overall operating performance in...

Hub Moves West, Acquires Safeco Subsidiaries

Mar 16 2004 // In a move it expects will bring in an additional $100 million in annual revenue, Chicago-based brokerage Hub International Ltd. has signed a definitive agreement to invest in a corporation formed by a senior management...

A.M. Best Comments on Safeco’s Announcement to Sell Life Operations

Mar 16 2004 // A.M. Best Co. has commented that the group financial strength rating of A (Excellent) of Redmond, Wash.-based Safeco Life Insurance Company and its life/health subsidiaries (collectively referred to as Safeco Life) remains...

Safeco Signs Definitive Agreement to Sell Life & Investments Operations

Mar 15 2004 // Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group, Ltd., and Berkshire Hathaway...

Liberty Mutual Teams with AAA to Offer Va. Discounts

Feb 25 2004 // AAA Mid-Atlantic Insurance Agency Inc. and Liberty Mutual Group announced that they have entered into an affinity marketing agreement, making more than 700,000 Virginia AAA members eligible for discounts of 10 percent on...

Safeco Declares Regular Dividend

Feb 5 2004 // Safeco declared a regular dividend of 18.5 cents per share on its common stock. The dividend is payable April 26, 2004 to shareholders of record on April 9, 2004.