Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Moody’s Rates SAFECO Corp. Senior Debt Issue at ‘Baa1’
Jan 29 2003 // Moody’s Investors Service has assigned Baa1 ratings to two issues of senior unsecured debt of SAFECO Corporation and has affirmed the company’s ratings with a stable outlook. Moody’s assigned its Baa1...
Nev. Approves Rate Change for Liberty Mutual Auto
Dec 12 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a rate change for private passenger automobile insurance filed by Liberty Mutual Group. The statewide average change of -0.3 percent for Liberty Mutual Fire...
Liberty Mutual Auto Rate Change Approved in Nevada
Dec 9 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a rate change for private passenger automobile insurance filed by Liberty Mutual Group. The statewide average change of -0.3 percent for Liberty Mutual Fire...
Liberty Mutual Group Acquires Winterthur Portuguese Units
Nov 27 2002 // Boston-based Liberty Mutual Group announced that its subsidiary, Liberty International, has signed an agreement to acquire Winterthur’s Portuguese business units and branch offices, including its subsidiary companies...
2001 Market Share For Insurers in Texas
Oct 14 2002 // The 2001 premium and loss data for Texas verifies everything you heard from the insurance companies — it was a really bad year. Here are the highlights in review: • Texas accounts for 7 percent of the national premium...
For Safeco: Opportunity is Where You Create It
Jun 10 2002 // Like most insurance companies, the soft market took its toll on Safeco. While the property and casualty side of the business continued to suffer losses that resembled the gross national product of some Latin American...
S&P Rates Liberty Mutual (U.K.) ‘A+’
May 31 2002 // Standard & Poor’s announced that it has assigned its single-‘A’-plus financial strength rating to Liberty Mutual Insurance Co. (UK) Ltd. (LMUK) “based on an explicit guarantee of LMUK’s...
Liberty Mutual Licenses ISO Claims Outcome Advisor™
Mar 29 2002 // Liberty Mutual has licensed ISO Claims Outcome AdvisorTM COA ™, a bodily injury claims management tool, from Insurance Services Office, Inc. (ISO) to help the company manage its personal auto bodily injury claims. COA is...
Seattle’s Safeco Field Insurance Triples
Dec 21 2001 // While the Seattle Mariners made a huge leap on the baseball diamond this past season, the cost to insure Safeco Field tripled. According to a report in The Seattle Times, over a three-year period, the annual premium on a...
S&P Lowers Liberty Mutual Ratings, Removes from CreditWatch
Dec 21 2001 // Standard & Poor’s announced that it had lowered its rating on Liberty Mutual Insurance Co. and most of its operating entities – for the most part from double-‘A’-minus to...
Liberty Mutual Policyholders Approve Mutual Holding Company Plan
Nov 13 2001 // Liberty Mutual Group announced that policyholders of Liberty Mutual Insurance Company and Liberty Mutual Fire Insurance Company have overwhelmingly approved the company’s mutual holding company plan during special...
Liberty Mutual, One Beacon Reach Definitive Agreement
Nov 5 2001 // Liberty Mutual Group and OneBeacon, a wholly owned subsidiary of White Mountains Insurance Group Ltd., reached a definitive agreement regarding a previously announced partnership transfering business and operations in 42...
Golden Eagle Pulls Out of Homeowners Market in California
Oct 15 2001 // San Diego-based Golden Eagle Insurance announced in September that it would cease offering new policies for homeowners and dwelling fire in California. The company also sells insurance in neighboring Arizona, but this move...
OneBeacon Transfers P&C Business to Liberty Mutual
Sep 24 2001 // The next challenge is to educate independent agents in those respective markets about the value of the Liberty Mutual brand and how this helps everyone.” That was the response of a company spokesman from Liberty...
Liberty Mutual Group Expects $200M-$300M Loss from Terrorist Attacks
Sep 20 2001 // Liberty Mutual Group announced it expects net after-tax loss for the company’s U.S. and global operations will be in the range of $200 to $300 million from the Sept. 11 terrorist attacks. The company is prepared to...
Liberty Mutual, Hartford Confirm Estimates of Terrorist Attack Losses
Sep 19 2001 // Two of New England’s largest insurers, Boston’s Liberty Mutual, and The Hartford confirmed pervious announcements concerning their potential loss exposures from the terrorist attacks on the World Trade Center...
Liberty Mutual to Acquire OneBeacon P/C Operations in Partnership Deal
Sep 6 2001 // Boston-based Liberty Mutual Group announced that it was in the final stages of concluding an agreement with OneBeacon to set up a partnership arrangement “to transfer OneBeacon’s property and casualty business...
2000 Market Share For Insurers in Texas
Sep 3 2001 // The books are closed on 2000 Texas premium and loss information for the insurance industry. IIAT’s annual review of market share data contains a few surprises, some good news and some bad news. Here are the...
Majority of U.S. Businesses Report Workplace Safety Pays Off
Aug 31 2001 // Ninety-five percent of business executives report that workplace safety has a positive impact on a company’s financial performance, according to the findings of “The Executive Survey of Workplace Safety”...
Liberty Mutual Group Adds Spain Operations
Jul 24 2001 // Liberty Mutual Group is adding to its operations in Spain by purchasing Royal & Sun Alliance’s property and casualty and life insurance operations in the country. The purchase will expand Liberty Mutual...
