Liberty Mutual News

Court: Insurer Cannot Refuse Payment for Pain Cream Without Utilization Review

An insurer cannot ignore a $4,869.99 bill for a tube of compounded pain cream on the grounds that the medication is unnecessary without first filing a utilization review petition, a Pennsylvania appellate court ruled. The decision Thursday by the Commonwealth …

Business News: Helmsman Management, MedRisk and Midwest Employers

Helmsman Completes Acquisition of Eberle Vivian Liberty Mutual’s wholly-owned third-party administrator, Helmsman Management Services, announced that it has closed on a deal to acquire Eberle Vivian Inc., a workers’ compensation claims administrator that serves the Pacific Northwest. Eberle Vivian, based …

Business News: Liberty Mutual and Duck Creek, Marsh, Cognizant and One Inc.

Liberty Mutual Selects Duck Creek for Comp Claims Liberty Mutual has contracted with Duck Creek Technologies to merge two legacy systems into a single fully-integrated workers’ compensation management system. The Boston-based carrier said Duck Creek will lead a multi-year effort …

Business News: FloodMapp, Ironshore, Sedgwick

FloodMapp Announces U.S. Launch of Flood-Prediction Technology FloodMapp, a firm founded in Brisbane, Australia that provides predictive flood modeling, will soon offer its product in Texas and Florida. The company said in a press release that FloodMapp uses a proprietary …

Business News: Cove, Clara Analytics, Glovebox, HomeConnect

Greenlight Bets on Cove to Simplify Insurance Purchases Greenlight Re Innovations, a division of Greenlight Re, a specialist property and casualty reinsurer headquartered in the Cayman Islands, announced that it has invested in Cove Ltd, managing general agent based in …

Insurer Can’t Deny Coverage Despite Misinformation on Policy Application

An insurer that extended its workers’ compensation coverage for 90 days after discovering the employer had violated the terms of its policy could not then deny coverage for a claim on the grounds that those terms had been violated, the …

Two Insurers to Help Cover Some Crumbling Foundation Costs

Two insurance companies have agreed to provide a total of $10.5 million to help Connecticut homeowners cover the cost of repairing and replacing crumbling foundations, officials said Tuesday. The state has reached separate agreements with The Hartford and Liberty Mutual …

Business News: Liberty Mutual, AIG, Consolidated Claims Group

Liberty Mutual Eliminating Over 600 roles in New Hampshire Liberty Mutual has announced it is cutting about 620 positions in New Hampshire. Foster’s Daily Democrat reports the insurance company announced the decision earlier this week. Liberty Mutual says many workers …

Pro-No Fault Group Says Auto Insurers Illegally Charge Women More in Michigan

A group defending Michigan’s auto insurance system says it has uncovered instances of insurers illegally selling more expensive policies to women and widowed drivers, raising questions about state oversight of rating practices as the industry pushes lawmakers to contain high …

Study: Teens Entering Senior Year Become Riskier Drivers

As teens get ready to head back to school this fall, a new study conducted by Liberty Mutual Insurance and SADD (Students Against Destructive Decisions) finds that older teen drivers are overconfident and perceive themselves as safer drivers despite experiencing …