A special auto insurance study group appointed by Massachusetts Gov. Deval Patrick has recommended modest changes to introduce limited pricing competition while warning against a proposed overhaul of the state’s high risk pool at this time. Although the study group …
Aided by lower than expected catastrophe losses and strong underwriting, Liberty Mutual Group reported net income of $455 million and $1.626 billion for the fourth quarter and 12 months ended December 31, 2006, respectively, an increase of $202 million and …
Liberty Mutual Group announced from its Boston headquarters that it has received a license to operate a wholly owned general insurance company in Vietnam. Liberty Mutual has had a presence in Vietnam since 2003 when it opened its first representative …
Liberty International Underwriters (LIU), a division of Boston-based Liberty Mutual Group, has entered the Middle East with a new office in the Dubai International Financial Center (DIFC). Liberty said the new facility is “in line with LIU’s expansion strategy, entry …
Liberty Mutual Group has begun construction of a 350,000 square foot office building located on 225 acres of land the company owns in Dover, New Hampshire. The company expects to begin occupying the building in late 2007. Joining Liberty Mutual …
Liberty expansion Liberty Mutual Group has begun construction of a 350,000 square foot office building located on 225 acres of land the company owns in Dover, New Hampshire. The company expects to begin occupying the building in late 2007. Joining …
Liberty Mutual Group has begun construction of a 350,000 square foot office building located on 225 acres of land the company owns in Dover, New Hampshire. The company expects to begin occupying the building in late 2007. Included in the …
The Boston-based Liberty Mutual Group plans to enter the Turkish market with the purchase of a majority stake in Seker Sigorta A.S. Liberty Mutual signed an agreement on June 16 with Sert Holding A.S. for the acquisition of a majority …
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 in …
The Liberty Mutual Group announced form its Boston headquarters that its Portuguese subsidiary, Liberty Seguros Portugal, has signed a memorandum of understanding with insurer Acoreana to form a strategic alliance in the Portuguese insurance business. Liberty said that once the …
