Liberty Mutual Insurance plans to appoint Kim Garland as president of State Auto Financial Corp. following the completion of Liberty Mutual’s pending acquisition of State Auto. The deal is expected to close in 2022. Garland is currently senior vice president …
A Pennington County jury has awarded $42 million to a Rapid City woman after she was denied medical benefits from her previous employer and the employer’s insurance company. United Parcel Service and Liberty Mutual were ordered to pay Fern Johnson …
Pancoast to Head Ironshore’s E&S Primary Casualty Adam Pancoast has been named to lead the excess and surplus Primary Casualty business of Ironshore, a Liberty Mutual company. As national manager, E&S Casualty, Pancoast, who is based in Atlanta, is responsible …
Liberty Mutual Insurance, the nation’s sixth-largest personal lines property/casualty insurer, is planning to transition its more than 2,200 exclusive insurance agents in 200 offices across the country to working for a new agency it is starting. The global insurer is …
Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to results of the J.D. Power 2021 U.S. Independent Agent Performance and Satisfaction Study, …
The evening before Hurricane Zeta made landfall, Vicki Dean and her husband, Kenny, were curious to see if the distant storm was already churning up Biloxi’s Back Bay. Like they did many evenings when Vicki wasn’t waitressing at a Gulfport …
Insurance broker Marsh said it has collaborated with Amazon to build a new digital insurance network, Amazon Insurance Accelerator, where small businesses selling on Amazon can purchase product liability coverage. Amazon now requires third-party sellers to obtain product liability coverage …
Fitch Ratings said it does not expect Liberty Mutual Holding Co. Inc.’s ratings to be impacted by its planned acquisition of State Auto Group for an estimated $1 billion of cash consideration. “Given the relative size of the two organizations …
Boston-based Liberty Mutual Insurance said it will be applying for regulatory approval to acquire Malaysian property/casualty insurer AmGeneral Insurance Berhad, which is currently 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group (IAG). Subject to regulatory approvals, Liberty Mutual’s …
Insurer Liberty Mutual reported that it will acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio. Under the terms of the agreement, State Auto mutual members will become mutual members of Liberty Mutual. Also, Liberty Mutual …
