All the headlines from our Liberty Mutual Topic Page, ordered by recency.
May 3 2006 // Liberty Mutual Group reported net income of $292 million for the three months ended March 31, 2006, a decrease of $104 million or 26.3% from the same period in 2005. Results in the quarter include a $112 million increase...
May 1 2006 // Assurant, Inc., a provider of specialty insurance and insurance-related products and services, has acquired all of the outstanding capital stock of Safeco Financial Institution Solutions Inc. based in Seattle, Wash., a...
Apr 17 2006 // Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business on the Internet to reach additional consumers that don’t like to deal with a middle-man and...
Apr 17 2006 // Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that don’t like to deal with a middle-man and...
Apr 17 2006 // Aviva, Prudential“It takes two to tango,” as the saying goes, and Prudential (U.K.) apparently has no desire to dance with its larger rival Aviva Plc. It hastily rejected a £17 billion ($30 billion) offer...
Apr 5 2006 // Seattle-based Safeco has named William Jenks Chief Information Office. He most recently served as executive vice president and chief information officer of worldwide operations at Publicis Groupe, one of the world’s...
Apr 3 2006 // evidence’ standard is not required under N.J.’s fraud law.News Currents N.J. Supreme Court lowers bar for proving customer fraudThe New Jersey Supreme Court has set an easier standard of proof for an insurance...
Mar 31 2006 // Safeco, based in Seattle, is offering its workers compensation product on a stand-alone — or monoline — basis in 25 states. The move is designed to give small businesses more flexibility in acquiring coverage...
Mar 31 2006 // Declaring the Terrorism Risk Insurance Act (TRIA) “an essential policyholder protection,” Edmund F. (Ted) Kelly, Liberty Mutual Group chairman, president and CEO, this week urged the National Association of...
Mar 29 2006 // Seattle-based Safeco will be announcing its first quarter financial results on a conference call to be held 11 a.m. EST on May 2, 2006. The call also will be archived later in the day for replay on the Internet at...
Mar 27 2006 // Safeco, Seattle, has revised the real estate strategy for its Puget Sound operations that calls for the company to lease space rather than build and own office facilities. That is a lower-cost solution that also provides...
Mar 14 2006 // The New Jersey Supreme Court has set an easier standard of proof for an insurance company suing an insured for fraud than a lower court had required.Instead of proving fraud by “clear and convincing evidence,”...
Mar 3 2006 // FSC Insurance Solutions, a business unit of Fiserv Inc., and Safeco have announced plans to provide independent agents in Connecticut with real-time personal auto insurance rates through FSC’s single-data-entry...
Mar 1 2006 // Liberty Mutual Group reported net income of $253 million and $1.027 billion for the three and 12 months ended Dec. 31, 2005, respectively, representing decreases of $312 million and $218 million from the same periods in...
Feb 21 2006 // Safeco has announced that Tim Mikolajewski will be senior vice president of Safeco Surety. Mikolajewski has been with Safeco Surety since 1984 and has held several management positions, including vice president of Contract...
Feb 20 2006 // Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health...
Feb 19 2006 // Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health...
Feb 7 2006 // Seattle-based Safeco has executed a Rule 10b5-1 trading plan to purchase up to $250 million of its outstanding common stock. That will allow Safeco to repurchase its shares during periods when the company would normally...
Feb 5 2006 // Morgan Hill, Calif.-based DMI Insurance Services Inc., has created a wholesale division that will specialize in excess and surplus markets for independent auto dealers and automotive specialty shops. Tina Evans, an...
Feb 2 2006 // Seattle-based Safeco CEO Paula Rosput Reynolds announced the appointment of Michael LaRocco as president and chief operating officer of Safeco Insurance Companies. In this expanded role, LaRocco will bring together the...