Liberty Mutual News
Liberty Mutual Execs See Q4 Momentum as 2023 Income Falls
Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed to the momentum of the final quarter as an indicator of what's ...
Liberty Mutual to Eliminate 250 Positions
Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5 percent of its global workforce, as it continues implementing new organizational structures within U.S. Retail Markets and ...
New Chief Claims Officer at Allstate
Allstate has announced that Mike Fiato will join the carrier, assuming the titles of executive vice president and chief claims officer, effective Jan. 22, 2024. Fiato, an industry veteran with more ...
Liberty Mutual Records $219M Q3 Net Income
Liberty Mutual Holding Co. reported third-quarter net income of $219 million, reversing a loss of $353 million a year ago during the same time.
Liberty Mutual Announces 850 Additional Layoffs
Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2 percent of its workforce, in the U.S.
Liberty Mutual Will No Longer Offer Business Owner’s Policies in California
Property and casualty insurer Liberty Mutual will stop offering its businessowners policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher ...
Liberty Mutual Announces Organizational Changes, Leading to 370 US Job Losses
Liberty Mutual Insurance announced major organizational changes and executive leadership appointments, which are aimed at enhancing its personal and small commercial ...
Generali Set to Buy Some Liberty Mutual’s European Ops in $2.5B Deal
Boston-based Liberty Mutual Insurance and Generali Group announced a definitive agreement for Generali to acquire some western European operations of Liberty Seguros, S.A.—Liberty Mutual's personal ...