Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Safeco to Lease Puget Sound Facilities
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...
N.J. Supreme Court Lowers Standard for Proving Insured Committed Fraud
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,”...
Safeco, FSC Insurance Offer Real-Time Rates in Connecticut
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...
Liberty Mutual Group Chairman Pleased with 2005 Numbers
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...
Safeco Surety Names Mikolajewski Senior VP, Peters Retires
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...
People and Places
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...
Don Horner
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...
Safeco Announces $250 Million Share Repurchase Program
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...
Business Moves
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...
Safeco Names LaRocco President
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...
Noy to Succeed Leamon as Chief of Liberty Mutual Safety Institute
Jan 26 2006 // Liberty Mutual Group in Boston announced that Tom Leamon, director of its Research Institute for Safety since 1991, will retire in late 2006. Liberty Mutual has appointed Dr. Y. Ian Noy vice president and director to...
Safeco Posts Nearly 5 Percent Revenue Increase
Jan 24 2006 // Seattle-based Safeco has announced its fourth quarter and year-end results. The company reported its net income for the fourth quarter of 2005 was $190.7 million, compared with $179.8 million during the same period the...
People & Places
Jan 23 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents‘ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...
People
Jan 22 2006 // Shelly Diegel has been elected chairman of the National Association of Professional Insurance Agents’ company council of executive officers for 2006. Diegel is vice president for small business distribution at Zurich...
Actuaries Complete Liberty Mutual Asbestos Review
Jan 13 2006 // Outside actuaries have concluded that Liberty Mutual’s asbestos exposure may be shorter tailed than that of many other commercial insurers because the company mainly wrote primary coverage and also benefited from...
Two Companies Request Rate Increases in Fla.
Jan 2 2006 // Liberty Mutual and Federated National insurance companies have asked Florida regulators for double-digit rate increases. Liberty Mutual Insurance Co. wants to raise rates by a statewide average of 25 percent, and Federated...
People & Places
Jan 2 2006 // Frank Sheppard Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients...
People
Jan 1 2006 // Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients in the southeast...
Safeco Hosts Internet Broadcast of Financial Results
Dec 21 2005 // Safeco is hosting an Internet broadcast of its conference call to discuss fourth-quarter and year-end financial results. The broadcast will be held 11 a.m. (EST) on Jan. 24, 2006, at www.safeco.com/webcast. To hear the...
Liberty Mutual Hires Former 9/11 Fund Head to Mediate Hurricane Claims
Dec 19 2005 // Liberty Mutual Insurance Company has hired the mediator who oversaw the Sept. 11 Victim Compensation Fund to help settle insurance claims filed by homeowners after hurricanes Katrina and Rita. The Boston insurer’s...
