Liberty Mutual Group reported net income of $253 million and $1.027 billion for the three and 12 months ended Dec. 31, 2005, respectively, representing decreases of $312 million and $218 million from the same periods in 2004. Results in the …
Massachusetts auto insurers would be required to provide up to a five percent discount to good drivers with clean records but be able to set other rates up to a cap of 15 percent on liability coverage under an auto …
The Netherlands’ ING Group announced that it has signed an agreement to sell ING Chile’s property & casualty insurance operation, ING Seguros Generales, to the Boston-based Liberty Mutual Group. Financial details of the transaction were not disclosed. ING said the …
Liberty Mutual Group reported net income of $565 million and $1.245 billion for the three and 12 months ended Dec. 31, 2004, respectively, representing a $130 million and $394 million increase over the same periods in 2003. “In 2004, we …
Just when it seemed California might overcome its perennial workers’ compensation crisis, renewed downward pricing pressure threatens to send the market into another tailspin, according to analysts at Standard & Poor’s Ratings Services. “The industry has barely recovered from the …
Boston-based Liberty Mutual Group will further expand its Latin American insurance business with the purchase of the insurance operations of AGF Allianz Chile S.A., a unit of France’s AGF, which is in turn a division of Germany’s Allianz AG. The …
In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its unintended consequences, which …
In the opinion of one major industry player, the Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its unintended consequences, which …
In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its unintended consequences, which …
In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its unintended consequences, which …
