Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Profitable Performance by Safeco’s Auto and Group Lines Drives Q2 Results
Jul 28 2003 // Profitable performance of its Auto and Group stop-loss medical insurance lines drove Safeco’s second-quarter results as the company reported net income of $111.9 million, or $0.81 per diluted share. This compares...
New Calif. Law Firm Focuses on Workers’ Comp
Jul 25 2003 // McClellan & Corren, a new law office, has opened its doors this summer in San Francisco. Led by experienced attorneys Regina McClellan and Edye Corren, the firm represents insurers, third-party administrators, and...
Safeco Makes Commercial Auto Ins. Sales Faster, Easier
Jul 23 2003 // Safeco Business Insurance has expanded its online sales platform to make it faster and easier for agents to sell commercial auto insurance to small businesses. The platform, called ESP(TM), allows agents to quote, bind and...
Allstate, Liberty Mutual File $1M Lawsuit in Alleged Ky. Fraud Scam
Jun 26 2003 // Allstate Insurance Company and Liberty Mutual Group announced they jointly filed a federal RICO lawsuit against a Kentucky doctor and owners of several medical clinics and billing companies in that state. The defendants in...
Safeco Director Resigns
Jun 23 2003 // Seattle-based Safeco’s director Paul Skinner resigned from the company last week citing personal reasons, as stated in a filing with the Securities and Exchange Commission. According to the Dow Jones Newswire,...
SAFECO ESTIMATES STORM LOSSES:
Jun 23 2003 // Seattle-based Safeco announced that claims stemming from the recent string of Midwest and Southern tornadoes, added to losses from violent hailstorms in Texas earlier in the quarter, are estimated at nearly $90 million in...
Liberty Mutual Maintains ‘A’
Jun 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Cos. remain unchanged following its announcement regarding the acquisition of Prudential Financial Inc.’s U.S....
Born to be Wild or Something Like It
Jun 23 2003 // Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968 Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s...
Born to be Wild or Something Like It
Jun 23 2003 // Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968 Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s...
S&P’s Cuts Liberty Mutual
Jun 9 2003 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities to “A” from “A+” and removed them from...
S&P’s Cuts Liberty Mutual
Jun 9 2003 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities to “A” from “A+” and removed them from...
A.M. Best Says Liberty Mutual Ratings Remain Unchanged
May 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Companies (Liberty Mutual) (Boston) remain unchanged following its announcement regarding the acquisition of Prudential...
Liberty Mutual to Acquire Majority of Prudential’s U.S. P/C Business
May 23 2003 // Boston-based Liberty Mutual Group has signed a definitive agreement to acquire Prudential Financial Inc.’s U.S. personal lines property/casualty operations in 47 states, excluding its New Jersey, specialty auto and...
Safeco Estimates Storm Losses
May 20 2003 // Seattle-based Safeco announced that claims stemming from the recent string of Midwest and Southern tornadoes, added to losses from violent hailstorms in Texas earlier in the quarter, are estimated at nearly $90 million in...
Safeco Posts First Underwriting Profit in Four Years
Apr 28 2003 // Safeco reported first-quarter net income of $90.0 million, or $0.65 per diluted share in a release today. The numbers mark a significant improvement over the same period in 2002, when Safeco generated net income of $63.6...
Liberty Mutual Downgraded
Apr 21 2003 // A.M. Best Co. downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of Liberty Mutual Insurance Cos., based in Boston, Mass. Also downgraded was the financial strength...
Safeco Ranks Sixth Among Nation’s Most Diverse Cos.
Apr 16 2003 // DiversityInc unveiled its list of America’s most inclusive companies, with Seattle-based Safeco earning the sixth-highest honor. In last year’s ranking of top-50 companies, Safeco placed...
Does the economy drive sub-standard automobile insurance in California’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite but it is my opinion that we are closing in. Although insurance company annual statements do not...
InsuranceNoodle Appointed to Distribute Safeco Small-Business Insurance to More than 3,600 Small-Commercial Agents
Mar 24 2003 // InsuranceNoodle has signed an agreement with Safeco Insurance Corp. to distribute its small-commercial insurance products to more than 3,600 independent commercial agencies using the InsuranceNoodle platform. “By...
A.M. Best Downgrades Ratings for Liberty Mutual
Mar 11 2003 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of Liberty Mutual Insurance Companies (Liberty Mutual) (Boston). A.M. Best has also downgraded the financial strength rating to...
