Liberty Mutual Quadruples Q3 Net Income Despite Catastrophe Losses November 7, 2024 By Chad Hemenway Liberty Mutual Holding Company said consolidated third quarter net income more than quadrupled to $897 million compared to $215 million...
Liberty Mutual Estimates Up to $900M in Losses From Helene and Milton October 28, 2024 Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty...
Medicare Recovery Actions Can’t be Made by Uninjured Parties, Appeals Court Says August 21, 2024 By William Rabb Litigation that seeks to win Medicare reimbursements from insurance companies has become a huge business over the last decade, making...
Liberty Mutual’s ‘Deliberate Actions’ Keep It on Path to Profit August 8, 2024 Liberty Mutual Holding Co. continued to put 2023’s losses behind it and carefully manage growth in 2024, reporting consolidated net...
People Moves: Liberty Mutual Names Haase CFO; Peirce to Retire July 26, 2024 Julie Haase has been named executive vice president and chief financial officer of Liberty Mutual Insurance, effective Jan. 1, 2025....
Liberty Mutual Posts $1.5B Net Income for Q1, Reversing Loss May 10, 2024 Liberty Mutual Holding Company on Thursday reported first quarter 2024 net income of $1.5 billion compared to loss of $74...
Suit Says OnStar, LexisNexis Shared Driving Data With Insurers, Spiking Rates March 15, 2024 By William Rabb Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south...
Liberty Mutual Execs See Q4 Momentum as 2023 Income Falls March 8, 2024 By Susanne Sclafane Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed...
Liberty Mutual to Eliminate 250 Positions February 2, 2024 By Chad Hemenway Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5% of its global workforce, as it continues implementing...
Southwest Wins Appeal in Cyber Excess Coverage Dispute With Liberty January 23, 2024 By Ezra Amacher The 5th U.S. Circuit Court of Appeals ruled last week that Southwest Airlines can continue to seek reimbursement under its...