Latest Liberty Mutual Headlines
All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Liberty Mutual Weighing Options, Delays Australian Coal Mine Project
Apr 30 2021 // MELBOURNE — U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia, it said on Friday, missing a deadline as it weighs alternatives for the proposed...
People Moves: Liberty Mutual’s Curtis to Starr; Buckle Hires Two; RT Specialty Promotes Reynolds
Apr 13 2021 // Starr Insurance Companies Hires Curtis to Lead Primary Construction Unit Starr Insurance Companies has hired Matt Curtis as vice president and profit center manager for its Primary Construction unit. In his prior role at...
P/C Insurers Liberty Mutual, Starr Join Investors in Bitcoin Firm NYDIG
Apr 9 2021 // New York Digital Investment Group, an asset manager focused on bitcoin investments, has raised $100 million it will use to expand the use of bitcoin in insurance. The round comes just a month after announcing $200 million...
Sustainable Investment Group Questions Liberty Mutual over Australia Coal Mine Plan
Apr 8 2021 // MELBOURNE – UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a signatory after receiving a complaint that the U.S. insurer is backing a coal...
People Moves: Khera Promoted at AXA XL; Liberty Mutual’s Slaughter Replaces Burkinshaw at Apollo; Sompo Hires Zurich’s Goddard
Apr 7 2021 // Sundeep Khera This wrap-up of International People Moves details recent appointments at AXA XL, Apollo Syndicate Management and Sompo International. A summary of these new hires follows. AXA XL has promoted Sundeep Khera...
Liberty Mutual Boosts Profit for Q4 and Year
Feb 25 2021 // Liberty Mutual reported net income of $162 million for the fourth quarter and $758 million for the full year 2020, versus a fourth quarter net loss of $301 million and net income $1.037 billion for full year 2019 Liberty...
Title Insurer First American to Exit P/C Insurance with Transfers to Safeco, Heritage
Jan 27 2021 // Title insurer First American Financial Corp. reported recently that its property/casualty insurance subsidiaries have entered into book transfer agreements with Safeco Insurance and Heritage Insurance Holdings. The...
Liberty Mutual Reports 46% Hike in Q3 Net Income Despite Catastrophe Losses
Nov 6 2020 // Liberty Mutual Holding Co. Inc. has reported a 46% increase in net income during the third quarter, despite elevated catastrophe losses. The company reported Q3 net income of $397 million, compared with $272 million during...
Tower Hill, Safeco to Offer Policy Multi-Policy Discount in Florida
Oct 28 2020 // Florida-based Tower Hill Insurance and national carrier Safeco, two non-affiliated carriers, have formed a marketing partnership in the state of Florida to offer a multi-policy discount to customers. Beginning in November,...
An Insurance Lyft: CSAA Forms Rideshare Carrier; Allstate, Liberty Mutual Offer Coverage
Oct 6 2020 // A new carrier has joined the rideshare insurance market, offering coverage to Lyft drivers in 11 states. At the same time, ridesharing firm Lyft’s drivers now also have access to coverage from Allstate and Liberty...
Orloff to Replace Kelly as Head of Liberty Mutual Field Operations for Commercial Lines
Sep 17 2020 // Liberty Mutual announced that Marc Orloff has been named president, North American Field Operations, Global Risk Solutions (GRS) North America. Orloff replaces Shaun Kelly, who the company said has decided to leave the...
NHC: Tropical Storm Sally Strengthens to Hurricane
Sep 14 2020 // Update 4:00 pm EST: Louisiana and Mississippi residents were under evacuation orders on Monday as Hurricane Sally churned across the Gulf of Mexico, strengthening to a hurricane ahead of expected landfall on Tuesday, the...
NHC: Tropical Storm Sally Strengthens to Hurricane
Sep 14 2020 // Louisiana and Mississippi residents were under evacuation orders on Monday as former Tropical Storm Sally strengthened to a hurricane status and churned across the Gulf of Mexico, the U.S. National Hurricane Center...
Liberty Mutual Reports Q2 Loss on COVID-19 Event Cancellations, Storms, Downturn
Aug 6 2020 // Liberty Mutual Holding Co. reported a net loss of $320 million for the second quarter versus net income of $397 million for the same quarter last year. The loss reflected the impact of COVID-19, catastrophes and the...
Liberty Mutual’s Aldous Joins EverQuote as VP of Insurance Data, Product Services
Jul 31 2020 // EverQuote, Inc., an online insurance marketplace, has added Michael Aldous as vice president of Insurance Data and Product Services. Aldous joins EverQuote from Liberty Mutual Insurance, where he led teams responsible for...
Liberty Mutual Loses Bid to Charge Employer for Claims Paid from Exempt Workers
Jul 22 2020 // A workers’ compensation insurer cannot charge an employer an extra $1.7 million in premiums for the risk presented by employees who were exempt from coverage under Iowa’s workers’ compensation law, a...
Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients
Jun 30 2020 // American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the...
Liberty Mutual Re Taps Steiner from RenRe for U.S. Casualty Treaty Team
Jun 29 2020 // Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has appointed Sara Steiner to the role of vice president and director of Assumed Reinsurance. Sara Steiner Steiner is based in LM Re’s office in...
AXA XL’s Mackie Joins Liberty Mutual Re to Head U.S. Property Business
Jun 22 2020 // Two-year old Liberty Mutual Re said it has appointed Scott Mackie to the role of director of Assumed Reinsurance – Property. Mackie will be responsible for managing the underwriting of U.S. property risk and pro-rata...
Liberty Mutual Appoints Perez to Chief Underwriting Officer of Global Risk Solutions
May 27 2020 // Liberty Mutual Insurance has appointed David Perez as chief underwriting officer for Global Risk Solutions (GRS). GRS is Liberty Mutual’s global commercial and specialty lines reinsurer that provides a full range of...
