Liberty Mutual News

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 …

Liberty Mutual Set to Buy Fosun’s Ironshore for $3B

Liberty Mutual Holding Co., the fourth-largest property/casualty insurer in the U.S., agreed to buy Ironshore Inc. from Fosun International Ltd. for about $3 billion to expand in the specialty commercial market. Ironshore will retain its management and brand after the …

Study: 1 in 3 Teens Admit to Driving While Drowsy

Teens’ lives are increasingly hectic from extracurricular activities, homework, work and other activities, all of which are likely to leave teens sleep deprived. As daylight grows shorter and mornings are darker, new research conducted by Liberty Mutual Insurance and SADD …

Business News: Liberty Mutual, Lemonade, FM Global, QBE

Liberty Mutual Insurance Introduces 2 New Excess Casualty Offerings Liberty Mutual Insurance launched two new excess casualty products: the Utility Follow Form Excess for the power and utility sectors, and the Integrated Occurrence Form for the large corporate sector. Both …

Apps Pose New Danger to Teens While Driving

The dangers of texting while driving among teens has been highlighted over the past several years—and while this message is still vitally important, texting is not the only danger popping up on their smartphones. According to new research conducted by …

Liberty Mutual Research Reveals Need to Actively Prevent Falls at Work

Working age adults account for more than two-thirds of the estimated 9.9 million annual fall-related injuries impacting U.S. adults according to Liberty Mutual’s latest research, highlighting the importance of companies actively protecting employees and the public from falls. Liberty Mutual …

People Moves: Liberty Mutual, Canal, NICB

Liberty Mutual Announces Senior Leadership Appointments Liberty Mutual announced three senior appointments to its Commercial Insurance operating unit. Mike Fallon is appointed president, National Insurance, which helps large and specialized businesses solve complex risk management challenges. Steve McAnena is appointed …

Business News

Liberty Mutual Launches SmartVideo Program to Better Communicate With Workers’ Comp Claimants To help aid communications with injured workers, produce better outcomes and deliver superior customer service, Boston-based Liberty Mutual has introduced smart video technology that automatically delivers a personalized …

Smart Home Technology Poses New Opportunities and Challenges for Insurers

The smart home market is a mess, according to a new report from Aite, an independent research and advisory firm. The Smart Home: Opportunities for Insurers, written by Gwenn Bézard, co-founder and research director, said insurers should care about the …

Infrared Cameras Assist Liberty Mutual Commercial Field Adjusters

Boston-based Liberty Mutual Insurance has rolled out portable infrared cameras to its property field adjusters working commercial insurance claims. Water damage is one of the leading causes of commercial property claims, according to the insurer, with an average claim cost …