Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Safeco Launches Boat Center
Aug 4 2004 // With boating season in full swing, Seattle-based Safeco announced the launch of a new specialized claims unit dedicated to handling boaters’ insurance claims. The National Boat Unit, located in Spokane, Wash., is...
A.M. Best Affirms FSR, Debt Ratings of Safeco
Aug 3 2004 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Seattle-based Safeco Insurance Companies. Concurrently, A.M. Best has also affirmed the “bbb+” rating on Safeco’s existing...
Safeco Increases Dividend to Shareholders
Aug 2 2004 // Seattle-based Safeco’s Board of Directors announced an increase to the company’s quarterly dividend. The Board declared a regular quarterly dividend of $0.22 per share, payable on Oct. 25, 2004 to shareholders...
Webcetera Delivers “Real Time” Auto Insurance Quotes for Safeco and Independent Insurance Distributors
Jul 29 2004 // Independent insurance distributors in seven western states now can get accurate Safeco Auto and Home quotes without leaving their EZLynx Web portal (www.ezlynx.com). In insurance industry parlance, this is...
Safeco Posts Strong Profits in All Major P/C Segments
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
Best Affirms Liberty Mutual’s Ratings; Ups Outlook
Jun 18 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Liberty Mutual Insurance Companies, Liberty Insurance Holdings of Keene, N.H. and Liberty Northwest Group of...
Profit at Insurer Safeco Zooms on Higher Premiums
Apr 21 2004 // Safeco Corp. said April 20 that its first-quarter profit more than doubled from a year ago, as premiums rose in its property-casualty insurance operations. The Seattle-based insurer reported net income of $236.2 million,...
Liberty Mutual, BMW Car Club of America Foundation, and BMW Dealers Seated Together to Save Teen Lives
Apr 13 2004 // The BMW Car Club of America (BMW CCA) Foundation has announced a partnership with Liberty Mutual Group and BMW dealers throughout the U.S. designed to save the lives of teen drivers. Through the BMW CCA Foundation’s...
Safeco Launches New Online Sales Platform
Apr 8 2004 // Safeco has launched Safeco Now for P/C insurance. Safeco Now is an online sales platform that integrates personal and small-commercial insurance products, reportedly saving independent distributors time and driving...
SAFECO SIGNS DEFINITIVE AGREEMENT TO SELL LIFE & INVESTMENTS OPERATIONS:
Apr 5 2004 // Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group Ltd., and Berkshire Hathaway...
Safeco Settles Suit, May Face $3 million in Claims
Apr 2 2004 // Safeco auto insurance customers who were injured by uninsured or underinsured motorists or who filed medical claims during the last eight years may be able to collect additional compensation under a court settlement...
Liberty Mutual Reports Net Income Up 67% in Busy 2003
Mar 23 2004 // Liberty Mutual Group in Boston reported net income of $851.3 million for the 12 months ended 2003, a 67.4% increase over the same period in 2002. “I am very pleased with our overall operating performance in...
Hub Moves West, Acquires Safeco Subsidiaries
Mar 16 2004 // In a move it expects will bring in an additional $100 million in annual revenue, Chicago-based brokerage Hub International Ltd. has signed a definitive agreement to invest in a corporation formed by a senior management...
A.M. Best Comments on Safeco’s Announcement to Sell Life Operations
Mar 16 2004 // A.M. Best Co. has commented that the group financial strength rating of A (Excellent) of Redmond, Wash.-based Safeco Life Insurance Company and its life/health subsidiaries (collectively referred to as Safeco Life) remains...
Safeco Signs Definitive Agreement to Sell Life & Investments Operations
Mar 15 2004 // Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group, Ltd., and Berkshire Hathaway...
Liberty Mutual Teams with AAA to Offer Va. Discounts
Feb 25 2004 // AAA Mid-Atlantic Insurance Agency Inc. and Liberty Mutual Group announced that they have entered into an affinity marketing agreement, making more than 700,000 Virginia AAA members eligible for discounts of 10 percent on...
Safeco Declares Regular Dividend
Feb 5 2004 // Safeco declared a regular dividend of 18.5 cents per share on its common stock. The dividend is payable April 26, 2004 to shareholders of record on April 9, 2004.
Tim Rose New President of Liberty Mutual Property; Advisory Council Formed
Feb 2 2004 // Boston-based Liberty Mutual Group announced that it has appointed Tim Rose as the new president of Liberty Mutual Property, replacing Doug Nelson who advanced to executive vice president of the company’s Business...
Toronto-Dominion Bank to Buy Liberty Mutual Auto and Home Units
Jan 21 2004 // Toronto-based Meloche Monnex, a subsidiary of Toronto-Dominion Bank, has agreed to acquire Liberty Mutual Group’s Canadian automobile and homeowner insurance operations for an undisclosed price. When the acquisition...
Safeco Signs Master Contract With CAA
Jan 7 2004 // Combined Agents of America LLC (CAA), based Austin, Texas, reported that Seattle-based Safeco has signed a master contract with all 28 CAA member agencies. Under the contract all CAA members gain access to this major...
