LIberty Mutual News

Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched

The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based Networked, integrates with the technology …

Nationwide Calls Harleysville Deal ‘Fair and Compelling’

Nationwide is brushing off Liberty Mutual’s allegation that Nationwide’s pending acquisition of Harleysville Mutual would unfairly benefit subsidiary Harleysville Group’s stock shareholders at the expense of Harleysville Mutual policyholders. In particular, Liberty Mutual noted in its comment letter to the …

Mission Accomplished: Post-Military Job with a Purpose

One of the things Shane Crockett loved about being in the military was the sense of purpose he felt on the job every day, something he said was missing from his first post-military job as an engineer. So like the …

Liberty Syndicates Appoints Wilkinson Head of Risk Management

Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Dan Wilkinson as Head of Risk Management. He formerly held the position of Chief Risk Officer at an international insurance company. Liberty Syndicates CEO Nick Metcalf described Wilkinson …

Report: Liberty Mutual Failed in Bid to Buy Harleysville

It turns out there was another player in last year’s merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co. According to a news report, Liberty Mutual also made an offer last September to buy Harleysville but was …

Liberty Syndicate Names Dubois to Head Business Advisory Team

London-based Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Rene Dubois to lead its Business Advisory team. He is an experienced commercial lawyer with more than 17 years’ experience in the insurance and reinsurance markets. Liberty …

West Virginia AG Sues Insurer, Auto Repair Shop

West Virginia Attorney General Darrell McGraw said last week that his office has sued Liberty Mutual Insurance Company and an auto repair shop. The attorney general says the defendants allegedly repaired vehicles with what he describes as “junkyard parts” in …

Liberty Mutual’s Guangdong Branch Opens for Business

The Liberty Mutual Group announced that its provincial branch in Guangzhou, Guangdong Province in China has “commenced operations and issued its first insurance policy on December 2, 2011.” Liberty received the approval for the branch from the China Insurance Regulatory …

Judge Tosses JPMorgan Lawsuit Against Insurers

A JPMorgan unit cannot force insurers to pay a $250 million settlement between failed investment bank Bear Stearns and government regulators, a state appeals court in New York ruled on Tuesday. Reversing a trial court, the appeals court threw out …

Liberty Syndicates Name Sprent to Head Global Financial Risks

Liberty Syndicates Management, a member of Liberty Mutual Group, announced that Peter Sprent, an experienced political risk and trade credit underwriter, will be joining Liberty Syndicates at Lloyd’s to lead its Global Financial Risks team. Chief Underwriting Officer, Matthew Moore …