Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Safeco Insurance Intercompany Ratings Affirmed, Outlook Positive
Jun 1 2006 // Standard & Poor’s Ratings Services said today it affirmed its “A+” counterparty credit and financial strength ratings on the Safeco Intercompany Pool members. S&P also affirmed its...
Kari Named Safeco’s New Chief Financial Officer
May 31 2006 // Seattle-based Safeco named financial services veteran Ross Kari as the company’s executive vice president and chief financial officer, effective June 21, 2006. Kari joins Safeco from the Federal Home Loan Bank of San...
Liberty Mutual Distributes Disaster Guides Nationwide
May 25 2006 // The 2006 hurricane season begins in one week, and homeowners from Corpus Christi to Coral Gables to Cape Cod hopefully are heeding the advice of government officials, disaster relief organizations, and insurers by taking...
Safeco Finds New Home for Headquarters and Regional Office
May 25 2006 // Seattle-based Safeco announced plans to move its corporate headquarters to 1001 Fourth Avenue Plaza and its Northwest region office to the Second and Seneca building, both in downtown Seattle. Safeco has entered a lease...
Business Moves
May 22 2006 // Odyssey Investment, York Insurance Services Odyssey Investment Partners LLC completed its acquisition of York Insurance Services Group Inc. in partnership with York Chairman and CEO Thomas C. MacArthur, other members of...
Your Space
May 22 2006 // In teenage land, the Internet is hardly foreign. Ask any 14-year-old today — they likely know all the ins and outs of using the Web to research school projects, as well as how to make friends all around the world...
Safeco adds online distribution strategy to sell direct to consumers
May 22 2006 // Seattle-based Safeco Insurance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents, the company reported. The company began exploring this new...
News Currents
May 22 2006 // Safeco adds online distribution strategy to sell direct to consumers Seattle-based Safeco Insurance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent...
Editor’s Note: Your Space
May 22 2006 // In teenage land, the Internet is hardly foreign. Ask any 14-year-old today — they likely know all the ins and outs of using the Web to research school projects, as well as how to make friends all around the world...
Safeco Adds Online Distribution Strategy
May 15 2006 // Seattle-based Safeco Insurance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents. The company began exploring this new distribution strategy in...
Liberty Mutual Opts to Fight, Not Settle, Charges Over Contingent Commissions, Account Steering
May 7 2006 // Unlike American International Group, Zurich, ACE and other insurers that have settled similar charges, Liberty Mutual Insurance Group has decided to fight allegations of anti-competitive practices that have been brought...
Safeco Increases Dividend By 20%; Announces Share Repurchase
May 4 2006 // Seattle-based Safeco’s board of directors announced an increase to the company’s quarterly dividend. The board declared a regular quarterly dividend of $0.30 per share, payable on July 24, 2006, to shareholders...
Liberty Mutual: 1st Quarter Income Down, New Business Up; Call Today
May 3 2006 // Liberty Mutual Group reported net income of $292 million for the three months ended March 31, 2006, a decrease of $104 million or 26.3% from the same period in 2005. Results in the quarter include a $112 million increase...
Assurant Acquires Safeco Financial Institution Solutions
May 1 2006 // Assurant, Inc., a provider of specialty insurance and insurance-related products and services, has acquired all of the outstanding capital stock of Safeco Financial Institution Solutions Inc. based in Seattle, Wash., a...
Safeco weighs Internet sales of auto insurance
Apr 17 2006 // Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business on the Internet to reach additional consumers that don’t like to deal with a middle-man and...
Safeco weighs Internet sales of auto insurance
Apr 17 2006 // Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that don’t like to deal with a middle-man and...
Business Moves
Apr 17 2006 // Aviva, Prudential “It takes two to tango,” as the saying goes, and Prudential (U.K.) apparently has no desire to dance with its larger rival Aviva Plc. It hastily rejected a £17 billion ($30 billion) offer...
Safeco Names Jenks as Chief Information Officer
Apr 5 2006 // Seattle-based Safeco has named William Jenks Chief Information Office. He most recently served as executive vice president and chief information officer of worldwide operations at Publicis Groupe, one of the world’s...
Liberty Mutualsuccessfully argued that the ‘clear and convincing
Apr 3 2006 // evidence’ standard is not required under N.J.’s fraud law. News Currents N.J. Supreme Court lowers bar for proving customer fraud The New Jersey Supreme Court has set an easier standard of proof for an...
Safeco Offers Monoline Workers Compensation Program
Mar 31 2006 // Safeco, based in Seattle, is offering its workers compensation product on a stand-alone — or monoline — basis in 25 states. The move is designed to give small businesses more flexibility in acquiring coverage...
