Liberty Mutual and Satellite Firm ICEYE Launch Parametric Wildfire Insurance June 15, 2026 Liberty Mutual Insurance and space intelligence firm ICEYE have partnered to launch a parametric wildfire insurance coverage that works with...
Massachusetts Approves Liberty Mutual Reorganization Involving 3 Domestic Mutuals February 4, 2026 Liberty Mutual has received approval to convert three domestic mutual insurance affiliates into stock companies and then merge them into...
Liberty Mutual in First Bribery Settlement Since Trump Freeze Ended August 13, 2025 By Jonathan Stempel Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary,...
Builders Say Exclusions Make Contractor Coverage Elusive. Appeals Court Disagrees March 12, 2025 By William Rabb A federal appeals court decision handed down last week is a victory for a Liberty Mutual surplus carrier, but it...
Liberty Mutual Owes $4M Refund After Overcharging Louisiana Citizens Assessments March 7, 2025 By Ezra Amacher Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Property Insurance Corporation Emergency Assessment...
Safeco to Stop Writing New Condo and Renter Policies in California December 20, 2024 It appears another insurance carrier is turning sour on wildfire-prone California. Safeco, a Liberty subsidiary, is preparing to stop writing...
Nationwide Plans 5% Reduction in Employee Headcount July 30, 2024 Insurer Nationwide said it is reducing its headcount by about 5% over the next year. “We can’t speculate on the...
Insurance Firms Deny Chevron’s $57 Million Claim for Iran Oil Seizure May 9, 2024 Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to...
Southwest Wins Appeal in Cyber Excess Coverage Dispute With Liberty January 23, 2024 By Ezra Amacher The 5th U.S. Circuit Court of Appeals ruled last week that Southwest Airlines can continue to seek reimbursement under its...
Proposed Class Action Alleges Liberty Mutual Website Violates Pa. Law December 14, 2022 By Andrew G. Simpson Liberty Mutual Insurance is the target of a proposed class action alleging that the company uses spyware on its website...