Liberty Mutual News
Executives on the Move: Liberty Mutual Names Next CFO
Liberty Mutual Insurance announced that Julie Haase has been named executive vice president and chief financial officer, effective Jan. 1, 2025, replacing Christopher Peirce, who will retire at the ...
The Latest Launches from Liberty Mutual, Corvus
Liberty Mutual launched an organization dedicated to the life sciences industry and appointed Tory Agnich as chief underwriting officer of Middle Market Life Sciences. Liberty Mutual's Middle Market ...
Liberty Mutual Posts $1.5B Net Income for Q1, Reversing Loss
Liberty Mutual Holding Company on Thursday reported first-quarter 2024 net income of $1.5 billion compared to loss of $74 million during the same period last year. The combined ratio for the first ...
Progressive Gains as Drivers Shop Around for Auto Insurance—Again
Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices late last year, a new study of consumer behavior finds they're back to shopping ...
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.