A national advisory organization serving the U.S. property/casualty industry has named a new president. Edmund J. Kelly of Boulder, Col. was recently chosen president of the American Association of Insurance Services (AAIS), an organization that develops policy forms and rating …
AIM, Quincy Mutual A.I.M. Mutual Insurance Cos. and Quincy Mutual Group will join forces to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs of small to medium-sized employers in Massachusetts A.I.M. …
Liberty Mutual Group announced that it has concluded a partnership with “Videocon Industries Ltd., the flagship company of $5 Billion Videocon Group, with diversified interest in Consumer Electronics, Household Appliances, Oil and Gas, Power Generation, Retail, DTH and Telecom businesses.” …
Liberty Mutual Group Chairman and CEO Edmund F. Kelly was joined yesterday by Massachusetts Governor Deval Patrick, Boston Mayor Thomas M. Menino, other state and city elected officials, neighborhood representatives and members of the construction trades at a groundbreaking ceremony …
Liberty Mutual said it is postponing plans for an initial public offering (IPO) of stock for its agency division, Liberty Mutual Agency Corp. The move comes just weeks after the Boston-based insurer filed paperwork for the IPO, which it expected …
Liberty Mutual Agency Corp. postponed indefinitely its planned initial public offering, quashing hopes that the planned $1.2 billion flotation could give a needed jolt to the U.S. IPO market. The property and casualty insurer announced the delay on the day …
Boston-based Liberty Mutual Group reported net income of $220 million for the second quarter of 2010, a decrease of $48 million or 17.9 percent from the same period in 2009. Including the impact of catastrophes, the company’s combined ratio for …
Donald D. Larson has been named president and chief operating officer of the Great American Property and Casualty Group and Great American Insurance Co. Larson is the 16th president in Great American’s history. He assumes the title from Carl H. …
David H. Long has been named president of Liberty Mutual Group. Long, who has been with Liberty Mutual for 25 years, is currently executive vice president, Liberty Mutual Group, and president of Liberty International. Edmund F. Kelly will continue in …
David H. Long has been named president of Liberty Mutual Group. Long, who has been with Liberty Mutual for 25 years, is currently executive vice president, Liberty Mutual Group, and president of Liberty International. Long will continue to lead Liberty …
