LIberty Mutual News

People Moves: Liberty Mutual Appoints Key Executives; Langwell Announces Retirement

Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments. “Today’s announcement marks an important chapter for the company. These new executive leadership appointments better position us now and in the future as a …

People Moves: Srygley in New C&F Role; Lopez Joins Mosaic; CLARA Names CEO; IronHealth Has New President

Crum & Forster Adds Srygley in Captives, Gig Economy Roles Further strengthening its Captive Solutions and Sharing (Gig) Economy practices, Crum & Forster’s Accident & Health (A&H) Division has appointed C&F veteran Mark Srygley to help drive its efforts in …

People Moves: ICW in California Names Rathsam CFO, Liberty Mutual Names Mitchell Pacific Field Executive

San Diego, Calif.-based ICW Group Insurance Cos. has named Nicole Rathsam senior vice president, chief financial officer. Rathsam will oversee the company’s premium audit and finance departments. She is in charge of driving the company’s financial strategy to support long-term …

People Moves: Argo’s Grange Joins B&B’s Programs; Bridge Names Zurich’s Batta; Liberty Mutual Promotes Rhodes in Claims

Grange Replaces Heath at B&B’s National Programs Unit Jeff Grange has been named president of Tampa Programs, part of Brown & Brown National Programs, which includes the Dental Protector Plan, Lawyers Protector Plan, Protector Plans for optometrists and physicians, and …

Liberty Mutual Weighing Options, Delays Australian Coal Mine Project

MELBOURNE — U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia, it said on Friday, missing a deadline as it weighs alternatives for the proposed mine. Community groups worried about pollution …

Sustainable Investment Group Questions Liberty Mutual over Australia Coal Mine Plan

MELBOURNE – UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a signatory after receiving a complaint that the U.S. insurer is backing a coal project in Australia that has drawn fire …

Canada’s Trans Mountain Pipeline Wants to Keep Insurers Secret from Project Protestors

Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental groups urge insurance companies to drop their coverage. The pipeline company normally discloses the insurance companies in a so-called Financial …

Nevada Lawsuits Filed Against Auto Insurers over Rates in Pandemic

Class action lawsuits were filed in Nevada against 10 major auto insurance companies this week, contending that the companies charged excessive insurance premiums during the pandemic by failing to account for a drop in driving and crashes. The lawsuits acknowledge …

Liberty Mutual Boosts Profit for Q4 and Year

Liberty Mutual reported net income of $162 million for the fourth quarter and $758 million for the full year 2020, versus a fourth quarter net loss of $301 million and net income $1.037 billion for full year 2019 Liberty Mutual …

IICF Hosts Virtual Insurance Industry Gala to Benefit Regional Nonprofit and Charitable Organizations

IICF Southeast Division event will help support more than 20 nonprofits DALLAS (Feb. 1, 2021) –The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, will host its ninth annual Southeast Division Gala …