Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Delaware Fines Liberty Mutual $300K for Advertising Discounts Not Offered in State
Apr 15 2025 // After what it says was an investigation that took months, the Delaware Department of Insurance has levied a $300,000 penalty on three Liberty Mutual companies for advertising discounts that they do not offer in the...
Liberty Mutual CEO Sweeney Elected Chairman, Long Steps Away
Apr 10 2025 // Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co. David H. Long Sweeney succeeds, David H. Long, who is retiring. Long has been with...
People Moves: Korte to Lead Liberty Mutual Middle Market Global Risk Solutions
Apr 3 2025 // Liberty Mutual Insurance, based in Boston, appointed Dieter Korte as president, middle market, Global Risk Solutions North America (GRS NA), reporting to GRS NA President Marc Orloff. “These companies have the same...
Liberty Mutual to Sunset Safeco Brand in 2026
Mar 24 2025 // Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal lines products under the Liberty Mutual name. Safeco has been Liberty Mutual’s brand for the...
Liberty Mutual Owes $4M Refund After Overcharging Louisiana Citizens Assessments
Mar 7 2025 // Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Property Insurance Corporation Emergency Assessment for the past four years, Insurance Commissioner Tim...
Liberty Mutual Q4 Income Up Nearly 90%, Year Earnings Climb
Mar 6 2025 // Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion – a nearly 90% increase over the same period the prior year. Boston-based Liberty Mutual’s total combined ratio of 91.5 for the...
Liberty Mutual to Sunset Safeco Brand in 2026
Mar 4 2025 // Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal lines products under the Liberty Mutual name. Safeco has been Liberty Mutual’s brand for the...
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets
Mar 3 2025 // Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public Co. in Thailand...
Liberty Mutual, Great American Balk at $20M Claim on Fake Basquiat Artwork
Jan 21 2025 // ORLANDO, Fla. (AP) — Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen forged Jean-Michel Basquiat paintings that were seized during an FBI raid at the Orlando...
Liberty Mutual Weighs Sale of Thailand, Vietnam Assets
Dec 20 2024 // Liberty Mutual Holding Co. is considering a sale of its businesses in Thailand and Vietnam as the US insurer seeks to streamline its operations, according to people familiar with the matter. Liberty Mutual is working with...
Safeco to Stop Writing New Condo and Renter Policies in California
Dec 20 2024 // It appears another insurance carrier is turning sour on wildfire-prone California. Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year....
People Moves: Liberty Mutual Names Orloff President, Global Risk Solutions N.A.
Dec 3 2024 // Marc Orloff Liberty Mutual Insurance, headquartered in Boston, named Marc Orloff as president of Global Risk Solutions (GRS) North America, effective Jan. 1. Orloff will lead GRS North America’s financial and...
Safeco to Take Personal Lines Renewal Business of Main Street America
Dec 2 2024 // Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business...
Safeco to Take Personal Lines Renewal Business of Main Street America
Nov 13 2024 // Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business...
Liberty Mutual Quadruples Q3 Net Income Despite Catastrophe Losses
Nov 7 2024 // Liberty Mutual Holding Company said consolidated third quarter net income more than quadrupled to $897 million compared to $215 million during the same period a year ago. Catastrophe losses remained elevated at nearly $1.1...
Liberty Mutual Estimates Up to $900M in Losses From Helene and Milton
Oct 28 2024 // Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty Mutual Holding Company (LMHC) in a statement released some preliminary third quarter information...
Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
Sep 26 2024 // Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance Group, a Central and Midwest regional carrier. Under the agreement, mutual...
Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk
Aug 14 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the Kenyan insurer Britam to launch a parametric insurance product, which aims to protect Kenyan...
Liberty Mutual’s ‘Deliberate Actions’ Keep It on Path to Profit
Aug 8 2024 // Liberty Mutual Holding Co. continued to put 2023’s losses behind it and carefully manage growth in 2024, reporting consolidated net income of $717 million for the second quarter versus a net loss of $585 million for...
People Moves: Liberty Mutual Names Haase CFO; Peirce to Retire
Jul 26 2024 // Julie Haase Julie Haase has been named executive vice president and chief financial officer of Liberty Mutual Insurance, effective Jan. 1, 2025. Haase is currently executive vice president, executive managing director and...
