Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Liberty Mutual Sells Off Life Insurance Unit, Realigns U.S., Global P/C Business
Jan 23 2018 // Liberty Mutual is getting out of the life insurance business, and the insurer will reorganize in order to better focus on its remaining P/C businesses. The Boston-based global insurer said it will sell its life insurance...
Liberty Mutual Insurance Opens New Campus in North Texas
Nov 30 2017 // Liberty Mutual Insurance Chairman and CEO David H. Long officially opened the company’s one million square foot office complex in Plano, Texas, on Tuesday with a ribbon-cutting ceremony attended by Texas Governor...
Liberty Mutual to Back NIF Bowling Center Program
Nov 7 2017 // NIF Group has partnered with Liberty Mutual Insurance Co. as the exclusive carrier for its Bowling Center Program. The program targets bowling center risks as well as those offering some ancillary entertainment. Coverages...
Hurricanes Drive Q3 Loss for Liberty Mutual But ‘Fundamentals Remain Healthy’
Nov 3 2017 // Liberty Mutual Holding Co. Inc. reported a net loss of $665 million for the three nine months ended September 30, 2017, versus net income of $455 million for the same period in 2016. The net loss in the quarter was driven...
Liberty Mutual Insurance Tailors Policy for Tesla Electric Car Drivers in U.S.
Oct 16 2017 // Tesla Inc. is partnering with Liberty Mutual Insurance Co. to offer an auto-insurance plan designed specifically for its electric cars in the U.S. The plan made available to U.S. customers starting Friday is similar to...
Travelers’ Cunningham Joins Liberty Mutual to Lead National Insurance Property
Sep 19 2017 // Liberty Mutual Insurance has appointed Gregg Cunningham as executive vice president, National Insurance, and general manager, National Insurance Property. Cunningham, who has 25 years of commercial insurance experience,...
New Construction Coverage From Liberty Mutual, Ironshore Targets Integrated Projects
Sep 14 2017 // Liberty Mutual and Ironshore’s dedicated construction practices have introduced an Integrated Primary Wrap Up/Project Specific program offering general liability (GL) and professional liability (PL) protection for...
Liberty Mutual’s Venture Capital Unit Backs Car-Sharing Startup
Sep 12 2017 // Liberty Mutual’s venture arm is among the investors backing the new $92 million funding round for Turo, a peer-to-peer car sharing marketplace. Dan Robinson, managing director of Liberty Mutual Strategic Ventures,...
Liberty Mutual Enhances Commercial Insurance Property Form
Aug 9 2017 // Liberty Mutual’s has launched a new proprietary Premier Property Protector all-risk policy to accommodate all of a broker’s single carrier and shared and layered property coverage needs. According to Mike...
Wal-Mart, Liberty Mutual Insurers Settle Over Tracy Morgan Crash
Aug 8 2017 // Wal-Mart Stores Inc. has settled a lawsuit by two insurers that sought to avoid covering its multimillion-dollar payout to comedian Tracy Morgan for injuries he suffered in a 2014 crash involving one of the...
Liberty Mutual Reports Q2 Results Including Ironshore Impact
Aug 4 2017 // Liberty Mutual Holding Co. Inc. reported net income $126 million for the three months ended June 30, 2017, an increase of $111 million over the same period in 2016 thanks to improved investment returns. The rise in net...
Carrier Poll Shows Many Agents Expect Minor Tech Disruption by 2020
Jul 24 2017 // A new poll conducted by a Seattle, Wash.-based carrier that asked independent insurance agents what’s ahead in 2020 showed that roughly half of agents expect technology disruption to have a minor impact on their...
Carrier Poll Shows Many Agents Expect Minor Tech Disruption by 2020
Jul 11 2017 // A new poll conducted by a Seattle, Wash.-based carrier that asked independent insurance agents what’s ahead in 2020 showed that roughly half of agents expect technology disruption to have a minor impact on their...
Mass. Court Says Arbitration Allowed in Underinsured Motorist Claim Suit
Jul 10 2017 // The Massachusetts Appeals Court has ruled that Arbella Mutual Insurance Co. did not engage in unfair settlement practices by demanding arbitration in a lawsuit involving an underinsured motorist claim. In the case, Heather...
Liberty Mutual Prevails in $3.6M ‘Guaranteed Cost’ Workers’ Comp Premium Case
Jul 5 2017 // Liberty Mutual Insurance Co. has won a case against a company that refused to pay $3.64 million in additional workers’ compensation premium after a payroll audit revealed it had more high risk employees than...
West Virginia City Sues Liberty Mutual for $20M Over Claim Denial
Jun 28 2017 // A West Virginia city has filed a federal lawsuit seeking a $20 million insurance claim to cover damages at its hydroelectric plant. The Intelligencer reports that the lawsuit was filed this month in U.S. District Court in...
Mass. Court Says Arbitration is Allowed in Underinsured Motorist Claim Suit
Jun 20 2017 // The Massachusetts Appeals Court has ruled that Arbella Mutual Insurance Company did not engage in unfair settlement practices by demanding arbitration in a lawsuit involving an underinsured motorist claim. In the case,...
Chubb Names Liberty Mutual’s Watkins to Head Casualty Claims for North America
Jun 1 2017 // Chubb has named John Watkins as senior vice president, head of Casualty Claims for North America. Watkins will be responsible for managing approximately 325 casualty claims examiners and will oversee primary, excess, and...
Liberty Mutual Appoints Dekermanji Chief Underwriter for Specialty Energy
May 25 2017 // Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of the National Insurance Specialty Energy unit. Dekermanji will lead a team of underwriting, risk control and account...
Ironshore CEO Kelley: Goal Under Liberty Mutual Is to Become Premier Specialty P/C Insurer
May 15 2017 // Longtime Ironshore Inc. CEO Kevin Kelley said his company has a genuine shot at becoming a “premier” specialty property/casualty insurance company, both domestically and abroad, now that Liberty Mutual...
