Latest Liberty Mutual Headlines

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

Worksite: An Opportunity to Boost Revenue, Broaden Portfolio

Sep 22 2003 // In the face of rising healthcare costs, agents and brokers who sell employer-paid benefits might consider adding worksite to the mix.Worksite — a way of selling individual insurance policies to groups of employees at...

Liberty Mutual Lowered

Aug 18 2003 // Fitch Ratings lowered its insurer financial strength ratings on companies participating in the Liberty Mutual inter-company pool to “A-” from “A” and its rating on Liberty Mutual Insurance...

Safeco Declares Regular Dividend

Aug 7 2003 // Seattle-based Safeco declared a regular dividend of 18.5 cents per share on its common stock. The dividend is payable Oct. 27, 2003 to shareholders of record on Oct. 10, 2003.

Profitable Performance by Safeco’s Auto and Group Lines Drives Q2 Results

Jul 28 2003 // Profitable performance of its Auto and Group stop-loss medical insurance lines drove Safeco’s second-quarter results as the company reported net income of $111.9 million, or $0.81 per diluted share. This compares...

New Calif. Law Firm Focuses on Workers’ Comp

Jul 25 2003 // McClellan & Corren, a new law office, has opened its doors this summer in San Francisco.Led by experienced attorneys Regina McClellan and Edye Corren, the firm represents insurers, third-party administrators, and...

Safeco Makes Commercial Auto Ins. Sales Faster, Easier

Jul 23 2003 // Safeco Business Insurance has expanded its online sales platform to make it faster and easier for agents to sell commercial auto insurance to small businesses.The platform, called ESP(TM), allows agents to quote, bind and...

Allstate, Liberty Mutual File $1M Lawsuit in Alleged Ky. Fraud Scam

Jun 26 2003 // Allstate Insurance Company and Liberty Mutual Group announced they jointly filed a federal RICO lawsuit against a Kentucky doctor and owners of several medical clinics and billing companies in that state.The defendants in...

Safeco Director Resigns

Jun 23 2003 // Seattle-based Safeco’s director Paul Skinner resigned from the company last week citing personal reasons, as stated in a filing with the Securities and Exchange Commission. According to the Dow Jones Newswire,...

SAFECO ESTIMATES STORM LOSSES:

Jun 23 2003 // Seattle-based Safeco announced that claims stemming from the recent string of Midwest and Southern tornadoes, added to losses from violent hailstorms in Texas earlier in the quarter, are estimated at nearly $90 million in...

Liberty Mutual Maintains ‘A’

Jun 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Cos. remain unchanged following its announcement regarding the acquisition of Prudential Financial Inc.’s U.S....

Born to be Wild or Something Like It

Jun 23 2003 // Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s...

Born to be Wild or Something Like It

Jun 23 2003 // Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s...

S&P’s Cuts Liberty Mutual

Jun 9 2003 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities to “A” from “A+” and removed them from...

S&P’s Cuts Liberty Mutual

Jun 9 2003 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities to “A” from “A+” and removed them from...

A.M. Best Says Liberty Mutual Ratings Remain Unchanged

May 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Companies (Liberty Mutual) (Boston) remain unchanged following its announcement regarding the acquisition of Prudential...

Liberty Mutual to Acquire Majority of Prudential’s U.S. P/C Business

May 23 2003 // Boston-based Liberty Mutual Group has signed a definitive agreement to acquire Prudential Financial Inc.’s U.S. personal lines property/casualty operations in 47 states, excluding its New Jersey, specialty auto and...

Safeco Estimates Storm Losses

May 20 2003 // Seattle-based Safeco announced that claims stemming from the recent string of Midwest and Southern tornadoes, added to losses from violent hailstorms in Texas earlier in the quarter, are estimated at nearly $90 million in...

Safeco Posts First Underwriting Profit in Four Years

Apr 28 2003 // Safeco reported first-quarter net income of $90.0 million, or $0.65 per diluted share in a release today. The numbers mark a significant improvement over the same period in 2002, when Safeco generated net income of $63.6...

Liberty Mutual Downgraded

Apr 21 2003 // A.M. Best Co. downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of Liberty Mutual Insurance Cos., based in Boston, Mass. Also downgraded was the financial strength...

Safeco Ranks Sixth Among Nation’s Most Diverse Cos.

Apr 16 2003 // DiversityInc unveiled its list of America’s most inclusive companies, with Seattle-based Safeco earning the sixth-highest honor. In last year’s ranking of top-50 companies, Safeco placed...