AT LIBERTY TO CHANGE
Liberty Mutual Insurance Co. plans to reorganize to a mutual holding company in an effort to give itself room to grow and increase access to investment capital. Edmund Kelly, president and CEO, told the Boston Herald: “In the long run, we are intent on growing through acquisitions.” The company is made up of Liberty Mutual, Employers Insurance of Wausau and Liberty Mutual Fire Insurance Co.
Popular Today
- Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?
- Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
- Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
- Taylor Farms Recalls Salsa and Guacamole Over Salmonella Risk