Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Water Tanks, Washing Machines Likely to Soak the House
Nov 1 2006 // Of all the appliances found in the home, the water heater and washing machine are the most likely to cause serious damage and leave home owners financially high and dry. According to a nationwide analysis by Safeco...
Safeco Reports Net Income of $101.1 Million in Third Quarter
Oct 31 2006 // Seattle-based afeco has reported its third-quarter results. The company produced record net income for third-quarter 2006 of $255.7 million, or $2.20 per diluted share. This compares with net income of $101.1 million, or...
Liberty Mutual Appoints LeRoy to Lead Large Commercial Division
Oct 20 2006 // Underscoring its commitment to the largest commercial insurance buyers, Liberty Mutual named Melissa A. LeRoy as regional vice president and managing director for its Major Accounts Division. Formed in 2005, Liberty...
Liberty Mutual Defeats N.J. Fraud Network
Oct 12 2006 // A lawsuit against an intricate auto insurance fraud network uncovered by Liberty Mutual investigators in the late 1990s came to a costly end last week for the owners of two now-defunct New Jersey chiropractic and...
Business Moves
Oct 9 2006 // Safeco moves to New York Stock Exchange, to Lay off 240 Seattle-based Safeco intends to list its common stock on the New York Stock Exchange (NYSE). Safeco anticipates the trading of its common stock to commence on the...
Indiana Insurance Honored at Applied Systems Conference
Oct 2 2006 // Indiana Insurance is among the Liberty Mutual Agency Markets regional companies whose achievements in advancing interface technology were honored recently by Applied Systems and its client network, ASCnet, at the 2006...
Safeco Plans to List on the New York Stock Exchange
Sep 28 2006 // Seattle-based Safeco announced it intends to list its common stock on the New York Stock Exchange (NYSE). Safeco anticipates the trading of its common stock to commence on the NYSE on Nov. 30, 2006 under the new symbol...
Iowa Hawkeye-Security Appoints Blue Valley and Garry & Associates
Sep 27 2006 // Hawkeye-Security Insurance, a member of Liberty Mutual Group, has added Blue Valley Insurance Agency located in Overland Park, Kan., and Garry & Associates Insurance Agency located in North Kansas City, Mo. to its...
Safeco to Host Webcast to Discuss Q3 Results
Sep 22 2006 // Seattle-based Safeco will be broadcasting its regularly scheduled conference call over the Internet to discuss third-quarter financial results. The broadcast will be held on Tuesday, Oct. 31 at 11a.m. EST. A live Webcast...
People and Places
Sep 4 2006 // Ogilvy-Hill Insurance elected Mark Shipp president and CEO. Shipp has been with Ogilvy Hill for 11 years. In addition to his new role as president/CEO he will continue to build new relationships in the field. Also, Phillip...
News Currents
Sep 4 2006 // Associations oppose eliminating contingent commissions The attorneys general of New York, Connecticut and Illinois are continuing their fight against anti-competitive practices in the insurance industry. In doing so, they...
Business Moves
Sep 4 2006 // Progressive Drive, Homesite Drive Insurance from Progressive, a writer of auto insurance through independent agents and brokers in the United States, signed a joint marketing agreement with Homesite Insurance Group, a...
Also, Phillip Hill was elected chief financial officer and vice president of operations. Hill has been part of Ogilvy-Hi
Sep 4 2006 // People Ogilvy-Hill Insurance elected Mark Shipp president and CEO. Shipp has been with Ogilvy Hill for 11 years. In addition to his new role as president/CEO he will continue to build new relationships in the field. The...
Associations oppose eliminating contingent commissions
Sep 4 2006 // The attorneys general of New York, Connecticut and Illinois are continuing their fight against anti-competitive practices in the insurance industry. In doing so, they have been finding fault with contingent commissions...
State Dems, Safeco Battling Over Company’s Use of Credit Scores
Aug 31 2006 // Washington Democrats and Safeco Corp. are battling over the company’s use of credit scores in canceling policies while Republican U.S. Senate candidate Mike McGavick was chief executive. The skirmish has moved to...
Safeco Sells U-District Complex to University of Washington
Aug 30 2006 // Seattle-based Safeco has announced the sale of its headquarters complex in Seattle’s University District to the University of Washington for $130 million. The sale follows Safeco’s previously announced strategy...
GOP Senate Challenger McGavick Reveals Drunken Driving Incident
Aug 29 2006 // Republican U.S. Senate challenger and former Safeco CEO Mike McGavick, in a remarkable confession of what he called his personal and political shortcomings, revealed a drunken driving incident and discussed his divorce, a...
People and Places
Aug 21 2006 // Loveland, Ohio-based Indiana Insurance, a member of the Liberty Mutual Group, announced that Michael D. Connell has been appointed president and CEO. Connell’s appointment coincides with the retirement of Richard T....
Safeco Launches Instant Auto Endorsement Processing
Aug 18 2006 // Seattle-based Safeco has introduced online technology that allows independent agents to make instant changes to clients’ commercial auto policies. The real-time capability cuts a one-week process into a two-minute...
Safeco Announces $250 Million Share Repurchase
Aug 14 2006 // Safeco announced it has executed a Rule 10b5-1 trading plan to purchase up to $250 million of its outstanding shares of common stock. A Rule 10b5-1 plan allows Safeco to repurchase its shares during periods when the...
