Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Liberty International Underwriters & Ironshore Canada Renamed Liberty Mutual Canada
Sep 14 2018 // Liberty Mutual Insurance announces that Liberty International Underwriters (LIU Canada) and Ironshore Canada will be rebranded as Liberty Mutual Canada. “The rebranding of our joint operation as Liberty Mutual Canada...
Donegal Exits Personal Lines Insurance in 7 States, Transfers Business to Safeco
Sep 11 2018 // Donegal Mutual Insurance Co. is exiting the personal lines business in seven of the 22 states in which it does business and will transfer those personal lines accounts worth $25 million in premium to Safeco...
Liberty Mutual Forms Global Transaction Solutions Unit, Taps Bamford to Lead
Sep 10 2018 // Liberty Mutual’s Global Risk Solutions strategic business unit has centralized its mergers & acquisitions (M&A) insurance offerings with the formation of Global Transaction Solutions group (GTS). The creation...
QBE North America Sells Its Personal Lines Business to Safeco
Aug 16 2018 // QBE North America has sold its personal insurance independent agency policies in 47 states to Safeco Insurance, a division of Liberty Mutual. The agreement was effective August 15, 2018. The terms of the transaction were...
Liberty Mutual’s Q2 Profit Jumps on Life Unit Sale, Lower Catastrophe Costs
Aug 12 2018 // The sale of a life insurance unit and an easing of catastrophe costs boosted Liberty Mutual Holding Co.’s net income for the second quarter to $981 million, well above the $126 million it saw in the same quarter last...
Liberty Mutual Increases Per Risk Property Insurance Capacity to $800M
Jul 16 2018 // Liberty Mutual’s National Insurance Property unit has increased its per risk capacity to $800 million from $600 million to help property owners and their brokers better manage mid-size and large risks. According to...
People
Jul 16 2018 // Worldwide Facilities has opened a new location in Morehead City, N.C., where Kasey Vaughn joined as senior vice president. Vaughn brings 17 years of experience in wholesale personal and commercial lines practice. She...
Rebranded Liberty Mutual Re Enters U.S. Marine Market, Launches in Italy
Jul 3 2018 // Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re, begun writing marine business in the U.S. for the first time, and is opening for business in Italy. Scott Johnson, formerly with Munich...
Liberty Mutual Taps Kelly, Dolan for Key Posts
Jun 20 2018 // Liberty Mutual announced that Shaun E. Kelly has been named president of Distribution for Global Risk Solutions (GRS). In this role, Kelly will lead distribution and marketing of the unit’s diversified commercial and...
Liberty Mutual Appoints Waters to National Insurance Specialty Unit
Jun 14 2018 // Liberty Mutual, a Boston, Mass.-headquartered global insurer, has appointed Matt Waters to lead the areas of its National Insurance Specialty unit that provide a full range of primary and excess products to large and...
Big Independent Group Awards 2018 “Biggies” at Convention
May 11 2018 // Agents association honors best and brightest insurance industry stars Indian Wells, CA, May 11, 2018- The BIG Independent Group, a leading association of independent agent and brokers, was pleased to bestow its BIGGIE...
Top 10 Causes of Serious Workplace Injuries: Liberty Mutual Index
May 11 2018 // The U.S. workplace is getting safer but the cost of the most serious workplace injuries is rising, according to the findings of the most recent Liberty Mutual Workplace Safety Index. The number of the most serious...
Liberty Mutual Launches New Umbrella, Contractor’s Equipment Policies
Apr 26 2018 // Liberty Mutual has introduced two new policy forms – umbrella and contractor’s equipment – designed to make it easier for brokers to meet a broader set of coverage needs for their customers. Liberty...
Safeco Appoints Pooley as VP, General Manager of Southeast Region
Apr 20 2018 // Safeco Insurance has appointed Debra Pooley as vice president and general manager of the Southeast Region. Pooley replaces Carl Canales who has been named vice president and general manager for the Northeast Region. She is...
People
Apr 2 2018 // Starkweather & Shepley Insurance Brokerage Inc., an East Providence, R.I.-headquartered independent insurance agency, has hired Joanmarie Berry as a financial insurance specialist. She is based in Milton, Mass. In her...
Liberty Mutual Insurance Appoints Anderson as Corporate Functions CIO in Boston
Mar 5 2018 // Liberty Mutual Insurance has appointed Shelia Anderson to the newly created role of corporate functions chief information officer (CIO), reporting to Liberty Mutual’s executive vice president and CIO, James...
Liberty Mutual Net Income Fell in 2017 Due to Catastrophes, Commercial Auto, Taxes
Feb 28 2018 // Liberty Mutual reported $17 million in net income for 2017, down substantially from more than $1 billion in 2016. The insurer pointed to catastrophe losses, adverse development in its commercial automobile business and a...
Safeco to Take Up Mapfre’s Tennessee, Kentucky, Indiana Business
Feb 20 2018 // MAPFRE Insurance, which last year decided to exit five states and focus on 11, is turning over its personal lines business in three of the five states it is leaving to Safeco Insurance, a Liberty Mutual unit. MAPFRE has...
AIR Worldwide Names Liberty Mutual’s Grenier to Head Global Resilience Practice
Feb 5 2018 // Catastrophe modeling firm AIR Worldwide (AIR) has appointed Dr. Roger Grenier as senior vice president of global resilience to lead AIR’s resilience initiatives across the globe. Grenier has 20 years of experience...
Satisfied Independent Agents Are Growth Engines for P/C Carriers: J.D. Power
Jan 26 2018 // Despite the growth of both technology-based and direct-to-customer sales channels in the property/casualty (P/C) insurance industry, independent agents still control the lion’s share of P/C premiums and represent a...
