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...
Markets/Coverages: Liberty Mutual Launches New Management Liability Package January 22, 2024 Liberty Mutual recently announced ProShield, a packaged solution providing private companies and non-profits streamlined access to directors & officers, employment...
Liberty Mutual Records $219M Q3 Net Income November 9, 2023 Liberty Mutual Holding Co. on Thursday reported third quarter net income of $219 million, reversing a loss of $353 million...
Liberty Mutual Announces 850 Additional Layoffs October 27, 2023 By Andrew G. Simpson Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2% of its workforce,...
Liberty Mutual to Repay $7.7 Million to Over 86,000 Minnesota Policyholders October 25, 2023 Liberty Mutual has agreed to repay $7.7 million to more than 86,000 policyholders for auto and homeowners insurance policies for...
Liberty Mutual Posts Q2 Loss of $585M Driven By Catastrophes August 10, 2023 By Chad Hemenway Liberty Mutual Holding Co. reported a second-quarter net loss of $585 million, driven by catastrophe losses of about $2.27 billion....