Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Liberty Mutual Profit, Revenue Up in Q3
Nov 13 2014 // Liberty Mutual Holding Co. concluded its 2014 third quarter with another jump in net income, higher revenues, a new reinsurance agreement and more than $1 billion in debt raised to help strengthen its balance...
Seattle, Boston Top Cities for Pedestrian Safety
Oct 9 2014 // Seattle, where a crowd of football fans celebrating a Super Bowl victory waited at a crosswalk for a signal change this year, is the safest U.S. city for pedestrians, according to a study by Liberty Mutual Holding Co. The...
Liberty Mutual Names Sellers As Southeast Manager for National Property
Sep 26 2014 // Liberty Mutual Insurance’s National Accounts Property operation has appointed C. Wesley Sellers as Southeast division manager. C. Wesley Sellers Sellers, who is based in Atlanta, has 25 years of experience in the...
Early Use of MRI for Lower Back Pain Found Unnecessary, Costly
Aug 20 2014 // Early use of Magnetic Resonance Imaging (MRI) to diagnose work-related lower back pain often leads to higher medical costs, unnecessary medical procedures and prolonged disability, according to new medical research. Claims...
Liberty Mutual Opens Equipment Breakdown Office in San Francisco, Adds Staff
Aug 12 2014 // Liberty Mutual has added senior underwriting and technical engineering resource staff to its equipment breakdown operations, as well as opened a San Francisco office so it can be closer to its partners. The new staff...
Teens Say Parents Ignore Pleas to Stop Texting, Driving Under Influence
Aug 7 2014 // U.S. parents often ignore warnings from their teenage children by driving while texting or under the influence of marijuana, according to a survey released today by Liberty Mutual Holding Co. Forty-two percent of teen...
Liberty Mutual Q2 Profit Dips 12.3%
Aug 5 2014 // Liberty Mutual Holding Co. Inc. and its subsidiaries reported net income of $393 million for the quarter ended June 30, 2014, down $55 million or 12.3 percent from the same period in 2013. Net written premiums grew just...
Liberty Mutual Launches Towing Program Through Trinity Transportation Services
Jul 23 2014 // Liberty Mutual Insurance, through its program administrator Trinity Transportation Services, LLC, is now offering coverage for towing companies. The Liberty Mutual Trinity Towing Program offers commercial auto, general...
S&P Raises Liberty Mutual’s Ratings; Outlook Revised to Stable on NICO Deal
Jul 21 2014 // Standard & Poor’s Ratings Services announced that it has raised its ratings on Liberty Mutual Insurance Co. to ‘A/A-1’ from ‘A-/A-2’, as well as its ratings on parent company Liberty...
Washington Sheriff’s Deputy Charged With Insurance Fraud
Jul 18 2014 // Jeremy B. Jeske, 43, a Spokane County Sheriff’s deputy, has been charged with two counts of insurance fraud in connection with a case that was investigated by Washington Insurance Commissioner Mike Kreidler’s...
Liberty Mutual Inks Reinsurance Deal with Berkshire’s National Indemnity
Jul 18 2014 // Liberty Mutual Insurance said it has reached a deal with National Indemnity Co. (NICO), a subsidiary of Berkshire Hathaway Inc., on a combined aggregate adverse development cover for substantially all of Liberty...
Liberty Mutual Expands Large, Global Property Risk Unit; Adds 5 Underwriters
Jul 10 2014 // Aiming for a bigger role in the market for large, complex global property risks, Liberty Mutual has expanded its National Accounts Property unit and added five underwriters. The unit provides ground-up, shared and layered,...
Senior Drivers Open to Discussion About Limiting Driving: Survey
Jun 24 2014 // There are currently more than 23 million licensed drivers aged 70 and older and as baby boomers soon begin turning 70, the number of seniors on the road will rise steadily over the next two decades. The majority of senior...
Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
Agents React to Walmart, Overstock in Insurance: ‘We Aren’t Dead or Dying, We are Evolving’
Jun 18 2014 // Recent announcements by giant retailers Walmart and Overstock.com that they entering the insurance sales game have elicited a healthy response from the insurance industry. Some agents have expressed concern and frustration...
Liberty Mutual Names Sr. Underwriting Manager for Excess Casualty in Northeast
May 28 2014 // Keith PooporLiberty Mutual Insurance’s Specialty Excess Casualty operation has appointed Keith Poopor as senior underwriting manager for excess casualty in the Northeast. In his new role, Poopor will lead the...
Liberty Mutual Adds Cyber Coverages to Small Business BOP Policies
May 19 2014 // Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise...
Liberty Mutual Launches Assumed Reinsurance for Equipment Breakdown
May 7 2014 // Liberty Mutual Insurance now offers equipment breakdown assumed reinsurance to insurers through treaties, programs and on a case-by-case basis, giving property/casualty insurers a new source for reinsurance of equipment...
Liberty Mutual’s 1Q Profit Declines 14.5% to $272M
May 5 2014 // Liberty Mutual Holding Co. Inc. reported $272 million net profit for its 2014 first quarter, a decline of $46 million or 14.5 percent from $318 million net profit reported during the same period in 2013. The Boston-based...
Rescission Decision Averts $43M in Damages in California Case
Apr 16 2014 // Attorneys representing Liberty Mutual Insurance Co. averting what could have been a $43 million payout in damages this week characterized the California court case a cautionary tale for insurers. The case is Heide Kurtz v....
