American International Group Inc. is cutting prices to win new business and boost market share, competitors and others in the industry say, but taxpayers could again be stuck with the tab. Since a U.S. government bailout, which last month swelled …
Boston College Law School has received a $3.1 million gift from Liberty Mutual Group that will be used to establish a professorship in property and casualty insurance law. The gift, to be paid over four years, is the largest in …
Quarterly profits nosedived by nearly 99 percent at Boston-based Liberty Mutual group, which saw its third quarter earnings fall to $6 million – down from $404 million in the same quarter last year. “Given the circumstances, we are pleased with …
Bad weather and a poor economy hampered Liberty Mutual Group’s (LMG) second quarter results but revenues overall were up 10.4 percent over second quarter 2007, the company reported today. Liberty Mutual reported the group’s net income of $300 million and …
Liberty Insurance Co. Limited (LICL), a wholly owned subsidiary of Liberty Mutual Group, has been granted approval to establish a branch in Beijing by the China Insurance Regulatory Commission (CIRC). Beijing is the first branch established by LICL in China …
The Liberty Mutual Group announced that it and its partner Dabur GI Invest Corp plan to form a non-life insurance company in India to provide personal and commercial insurance products through a range of distribution channels such as agents, banks …
Boston-based Liberty Mutual Group reported net income of $360 million for the three months ended March 31, 2008, an increase of $10 million over the same period in 2007. Net written premium for the first quarter was $6.256 billion, an …
Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …
Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …
Progressive, Massachusetts Progressive Insurance said it plans to begin selling personal auto insurance in Massachusetts starting May 1 if state regulators approve the company’s rate filings, which it submitted to the Bay State’s insurance department this morning. The Mayfield Village, …
