David H. Long, 49, has been named president of Liberty Mutual Group effective July 1. 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 …
Boston-based Liberty Mutual Group today announced that its subsidiary, Liberty Mutual Agency Corp. (LMAC), consisting of substantially all of the operations currently conducted by its Agency Markets strategic business unit, has filed a registration statement with the U.S. Securities and …
Property/casualty insurance companies, which already pay into state guaranty funds to backup claims of their insolvent peers, don’t want to have to also pay into a federal fund to cover failures of larger and riskier financial services firms. Leading p/c …
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement …
Insurer Liberty Mutual Group says it will spend $300 million to expand its global headquarters in Boston, a move that’s expected to add 600 new full-time jobs for the insurer. The insurer already has more than 2,500 employees in its …
Liberty Mutual Group, through its wholly owned subsidiary Liberty Insurance Company Limited (LICL), has been granted approval to establish a branch in Zhejiang by the China Insurance Regulatory Commission (CIRC). Liberty Mutual’s Chinese operations are headquartered in Chongqing. The CIRC …
Liberty Mutual Group’s results for the third quarter of 2009 are in sharp contrast to the same period of 2008. The group reported net income for the period of $265 million for the period. Its pre-tax operating income before private …
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers – who dominate sales in this segment – Liberty Mutual has decided to join them. …
Puts Faith in Independent Agents Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Because it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual …
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual has decided to join them. …
